Private Capital Group LLC lifted its holdings in shares of Republic Services, Inc. (NYSE:RSG) by 68.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,713 shares of the business services provider’s stock after purchasing an additional 698 shares during the quarter. Private Capital Group LLC’s holdings in Republic Services were worth $124,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also modified their holdings of the company. Lavaca Capital LLC acquired a new stake in Republic Services in the fourth quarter valued at approximately $76,000. IMS Capital Management acquired a new stake in Republic Services in the third quarter valued at approximately $80,000. First Hawaiian Bank acquired a new stake in Republic Services in the third quarter valued at approximately $119,000. Rehmann Capital Advisory Group raised its holdings in Republic Services by 16.3% in the third quarter. Rehmann Capital Advisory Group now owns 1,933 shares of the business services provider’s stock valued at $140,000 after acquiring an additional 271 shares in the last quarter. Finally, Cerebellum GP LLC acquired a new stake in Republic Services in the third quarter valued at approximately $186,000. 59.30% of the stock is currently owned by institutional investors and hedge funds.
Shares of RSG opened at $76.56 on Thursday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.56 and a current ratio of 0.56. The company has a market cap of $24.68 billion, a PE ratio of 31.51, a price-to-earnings-growth ratio of 2.18 and a beta of 0.61. Republic Services, Inc. has a 12-month low of $60.26 and a 12-month high of $78.54.
In other news, CAO Brian A. Goebel sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 3rd. The shares were sold at an average price of $71.27, for a total transaction of $213,810.00. Following the transaction, the chief accounting officer now directly owns 9,186 shares in the company, valued at $654,686.22. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Brian A. Goebel sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 17th. The stock was sold at an average price of $74.25, for a total transaction of $148,500.00. Following the transaction, the chief accounting officer now owns 8,186 shares in the company, valued at $607,810.50. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,000 shares of company stock worth $581,220. Insiders own 0.30% of the company’s stock.
Republic Services Profile
Republic Services, Inc, together with its subsidiaries, provides non-hazardous solid waste collection, transfer, recycling, disposal, and energy services for small-container, large-container, municipal and residential, and energy services customers in the United States and Puerto Rico. The company's collection services include curbside collection of waste for transport to transfer stations; supply of waste containers; and renting of compactors.
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