Republic Services, Inc. (NYSE:RSG) Shares Bought by Tradewinds LLC.

Tradewinds LLC. boosted its holdings in shares of Republic Services, Inc. (NYSE:RSG) by 8.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,549 shares of the business services provider’s stock after purchasing an additional 2,367 shares during the period. Republic Services makes up approximately 1.9% of Tradewinds LLC.’s holdings, making the stock its 13th biggest position. Tradewinds LLC.’s holdings in Republic Services were worth $6,777,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of RSG. FSA Wealth Management LLC acquired a new stake in Republic Services during the third quarter valued at $25,000. Arcadia Investment Management Corp MI boosted its holdings in Republic Services by 200.0% during the fourth quarter. Arcadia Investment Management Corp MI now owns 132 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 88 shares during the period. R Squared Ltd bought a new position in Republic Services during the fourth quarter worth $32,000. New Age Alpha Advisors LLC grew its holdings in shares of Republic Services by 70.2% during the 4th quarter. New Age Alpha Advisors LLC now owns 177 shares of the business services provider’s stock worth $36,000 after purchasing an additional 73 shares in the last quarter. Finally, Generali Asset Management SPA SGR acquired a new stake in shares of Republic Services during the 4th quarter valued at about $45,000. Institutional investors own 57.73% of the company’s stock.

Analyst Upgrades and Downgrades

RSG has been the topic of several research analyst reports. UBS Group raised their target price on Republic Services from $212.00 to $240.00 and gave the company a “neutral” rating in a research note on Wednesday, February 19th. The Goldman Sachs Group raised their price objective on Republic Services from $239.00 to $265.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft raised Republic Services from a “hold” rating to a “buy” rating and raised their price target for the company from $219.00 to $237.00 in a report on Tuesday, December 10th. BMO Capital Markets raised Republic Services from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from $211.00 to $238.00 in a report on Friday, December 6th. Finally, William Blair restated an “outperform” rating on shares of Republic Services in a research report on Friday, February 14th. Five analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $236.88.

Republic Services Price Performance

Shares of RSG opened at $242.42 on Tuesday. The business has a 50-day moving average of $228.29 and a 200-day moving average of $214.13. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.58 and a quick ratio of 0.64. The company has a market capitalization of $75.70 billion, a price-to-earnings ratio of 37.35, a price-to-earnings-growth ratio of 3.64 and a beta of 0.73. Republic Services, Inc. has a 1 year low of $180.92 and a 1 year high of $243.13.

Republic Services (NYSE:RSG) last issued its quarterly earnings results on Thursday, February 13th. The business services provider reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.21. Republic Services had a net margin of 12.74% and a return on equity of 18.28%. The firm had revenue of $4.05 billion for the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter in the previous year, the company earned $1.41 EPS. As a group, equities research analysts anticipate that Republic Services, Inc. will post 6.86 earnings per share for the current year.

Republic Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Wednesday, April 2nd will be given a $0.58 dividend. This represents a $2.32 annualized dividend and a dividend yield of 0.96%. The ex-dividend date is Wednesday, April 2nd. Republic Services’s dividend payout ratio (DPR) is presently 35.75%.

Insider Activity

In other Republic Services news, COO Gregg Brummer sold 6,293 shares of Republic Services stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $228.20, for a total value of $1,436,062.60. Following the completion of the sale, the chief operating officer now directly owns 10,416 shares in the company, valued at approximately $2,376,931.20. The trade was a 37.66 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.09% of the stock is owned by company insiders.

Republic Services Company Profile

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.