422 Shares in Republic Services, Inc. (NYSE:RSG) Bought by Values First Advisors Inc.

Values First Advisors Inc. purchased a new stake in shares of Republic Services, Inc. (NYSE:RSG) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 422 shares of the business services provider’s stock, valued at approximately $85,000.

A number of other large investors also recently modified their holdings of the company. Wolff Wiese Magana LLC boosted its stake in Republic Services by 351.6% in the 3rd quarter. Wolff Wiese Magana LLC now owns 140 shares of the business services provider’s stock worth $28,000 after purchasing an additional 109 shares during the period. EntryPoint Capital LLC purchased a new stake in Republic Services in the 1st quarter worth $29,000. Webster Bank N. A. purchased a new position in shares of Republic Services during the third quarter valued at about $31,000. Itau Unibanco Holding S.A. bought a new stake in shares of Republic Services in the second quarter worth about $36,000. Finally, Indiana Trust & Investment Management CO bought a new position in Republic Services during the second quarter valued at approximately $45,000. Hedge funds and other institutional investors own 57.73% of the company’s stock.

Insider Buying and Selling

In other Republic Services news, Director Tomago Collins sold 3,200 shares of the firm’s stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of $203.01, for a total value of $649,632.00. Following the completion of the sale, the director now directly owns 17,486 shares in the company, valued at $3,549,832.86. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.09% of the stock is currently owned by company insiders.

Republic Services Trading Down 0.8 %

RSG opened at $199.83 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.05. The firm has a market cap of $62.76 billion, a price-to-earnings ratio of 33.47, a PEG ratio of 3.27 and a beta of 0.69. Republic Services, Inc. has a 12 month low of $145.32 and a 12 month high of $208.69. The stock has a fifty day moving average price of $204.09 and a 200-day moving average price of $196.27.

Republic Services (NYSE:RSG) last announced its earnings results on Wednesday, July 24th. The business services provider reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.08. Republic Services had a net margin of 12.11% and a return on equity of 17.81%. The business had revenue of $4.05 billion during the quarter, compared to the consensus estimate of $4.03 billion. As a group, equities research analysts anticipate that Republic Services, Inc. will post 6.18 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have commented on RSG. Stifel Nicolaus lifted their price objective on shares of Republic Services from $215.00 to $230.00 and gave the stock a “buy” rating in a research note on Thursday, July 25th. William Blair began coverage on shares of Republic Services in a report on Thursday, October 3rd. They issued an “outperform” rating for the company. Scotiabank initiated coverage on shares of Republic Services in a research report on Friday, October 4th. They issued a “sector perform” rating and a $224.00 price objective on the stock. CIBC boosted their target price on Republic Services from $196.00 to $208.00 and gave the company a “neutral” rating in a research report on Thursday, July 25th. Finally, Royal Bank of Canada increased their price target on Republic Services from $201.00 to $211.00 and gave the stock a “sector perform” rating in a report on Thursday, July 25th. Nine investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Republic Services has a consensus rating of “Moderate Buy” and an average price target of $212.18.

About Republic Services

Republic Services, Inc, together with its subsidiaries, offers environmental services in the United States and Canada. It is involved in the collection and processing of recyclable, solid waste, and industrial waste materials; transportation and disposal of non-hazardous and hazardous waste streams; and other environmental solutions.