Republic Services Incorporated (NYSE:RSG) Sellers Covered 4.29% of Their Shorts

Lloyd Doyle
December 30, 2017

Edgepoint Investment Group Inc sold 197,208 shares as Ubiquiti Networks Inc (UBNT)'s stock declined 0.41%. Department Mb Natl Bank N A has invested 0% in Republic Services, Inc. The stock increased 0.76% or $0.49 during the last trading session, reaching $64.65. About 1.26M shares traded. Ubiquiti Networks, Inc. (NASDAQ:UBNT) has risen 29.84% since December 29, 2016 and is uptrending. It has outperformed by 3.69% the S&P500.

In taking a look at some other notable technicals, ServiceNow, Inc. Republic Services, Inc.'s target price was set to $67.88 with an IPO date at 7/1/1998. The 9 months bullish chart indicates low risk for the $22.41B company. This technical setup was reported by Barchart.com. If the $73.07 PT is reached, the company will be worth $1.81B more. The stock appeared $67.18 above its 52-week highs and is up 1.70% for the last five trades. About 388,214 shares traded. The ROA for Republic Services, Inc. tells us exactly what earnings were generated from the invested capital. It has outperformed by 11.98% the S&P500. Investors of record on Tuesday, January 2nd will be paid a dividend of $0.345 per share. Its down 0.14, from 0.98 in 2017Q2. It worsened, as 27 investors sold Republic Services, Inc. shares while 210 reduced holdings. 196.55 million shares or 1.70% less from 199.95 million shares in 2017Q2 were reported. Prelude Capital Management Ltd Llc reported 0.02% in Owens-Illinois, Inc. Sun Life Financial INC now owns 1,680 shares of the business services provider's stock worth $107,000 after purchasing an additional 1,672 shares in the last quarter. Zacks Investment Research raised shares of Republic Services from a "sell" rating to a "hold" rating in a report on Friday, November 3rd. (NYSE:RSG). Axa invested in 240,640 shares. (NYSE:RSG) for 2,426 shares. CLS Investments LLC now owns 24,878 shares of the business services provider's stock valued at $1,585,000 after acquiring an additional 86 shares in the last quarter. Breton Hill Ltd has invested 0.18% of its portfolio in Republic Services, Inc. Qs Ltd Limited Liability Company has invested 0.04% of its portfolio in Republic Services, Inc. (NYSE:RSG). Moreover, Citigroup has 0.01% invested in Republic Services, Inc. Saratoga Rech Invest Mgmt has 0.17% invested in Republic Services, Inc. (NYSE:RSG) now has a value of 0.090191. MUFG Americas Holdings Corp grew its position in Republic Services by 0.4% during the second quarter. (NYSE:RSG) news were published by: Businesswire.com which released: "REPUBLIC SERVICES INVESTIGATION INITIATED by Former Louisiana Attorney General ..." on December 07, 2017, also Nasdaq.com with their article: "Ex-Dividend Reminder: Monotype Imaging Holdings, Pegasystems and Republic Services" published on December 27, 2017, Nasdaq.com published: "Republic Services Inc (RSG) President and CEO Donald W Slager Sold $9.9 ..." on December 01, 2017.

The average Wall Street analyst rating for Republic Services, Inc.is Hold, according to the average of 10 analyst scores. (NYSE:RSG). Rhumbline Advisers reported 482,088 shares.

Stifel Financial Corp grew its position in Republic Services, Inc. (NYSE:RSG) on Wednesday, May 18 with "Hold" rating. Stifel Nicolaus has "Buy" rating and $64 target. The firm earned "Buy" rating on Sunday, November 8 by Bank of America. Stifel Nicolaus cut Republic Services from a "buy" rating to a "hold" rating and cut their target price for the company from $76.00 to $70.00 in a research note on Wednesday, October 4th. The stock has "Sell" rating by Zacks on Tuesday, August 4. JP Morgan initiated the stock with "Overweight" rating in Thursday, December 17 report. Credit Suisse initiated the shares of RSG in report on Friday, November 6 with "Neutral" rating. RSG comes in with a P/S ratio of 2.28 that's greater than 1, potentially implying that it could be expensive relative to the overall sector (9.58) and its peers (6.44). Oppenheimer maintained the stock with "Hold" rating in Friday, August 25 report. The rating was maintained by Jefferies on Monday, October 30 with "Buy". Republic Services had 35 analyst reports since August 19, 2015 according to SRatingsIntel. (NYSE:RSG) rating on Monday, February 13. Veritable LP reported 0.01% of its portfolio in Republic Services, Inc.


Republic Services, Inc., together with its subsidiaries, provides non-hazardous solid waste collection, transfer, recycling, disposal, and energy services for commercial, industrial, municipal, and residential clients in the United States and Puerto Rico.

Republic Services declared that its Board of Directors has authorized a share buyback plan on Thursday, November 2nd that permits the company to buyback $2.00 billion in shares. The companyÂ's collection services include curbside collection of waste; supply of waste containers; and renting of compactors. RSG's profit will be $193.85 million for 28.85 P/E if the $0.58 EPS becomes a reality. It is also involved in the processing and sale of old corrugated cardboard, old newspapers, aluminum, glass, and other materials; and provision of landfill services.

Since September 12, 2017, it had 0 insider buys, and 3 insider sales for $2.85 million activity. Finally, Ameritas Investment Partners Inc. grew its position in Republic Services by 1.5% during the second quarter. 22,608 shares were sold by SLAGER DONALD W, worth $1.49M. 6,329 shares valued at $420,883 were sold by Hughes Jeffrey A on Tuesday, September 12. Sasco Capital Inc Ct, a Connecticut-based fund reported 1.92 million shares.#img1#. During the same quarter past year, the company earned $0.48 EPS. The firm bought 4,876 shares of the business services provider's stock, valued at approximately $322,000. Therefore 21% are positive.

Several research analysts recently issued reports on RSG shares. Robert W. Baird maintained the stock with "Hold" rating in Tuesday, October 10 report. The firm has "Outperform" rating by Imperial Capital given on Monday, November 2. The rating was maintained by BMO Capital Markets on Friday, October 13 with "Buy". The monthly performance exhibited a rate of 7.12% with an annual performance rate of 16.41%. Canandaigua Fincl Bank invested 0.3% of its portfolio in BlackRock, Inc. (NASDAQ:UBNT) rating on Monday, August 7. UBS has "Buy" rating and $47.20 target. The firm earned "Buy" rating on Friday, February 5 by Wunderlich.

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