Republic Svcs (RSG) Shareholder Epoch Investment Partners Has Trimmed Its Holding as Shares Declined; Bbr Partners Lowered Position in Albemarle (ALB) as Valuation Declined

April 19, 2018 - By Peter Erickson

Republic Services, Inc. (NYSE:RSG) Logo

Epoch Investment Partners Inc decreased its stake in Republic Svcs Inc (RSG) by 2.7% based on its latest 2017Q4 regulatory filing with the SEC. Epoch Investment Partners Inc sold 7,302 shares as the company’s stock declined 1.48% with the market. The institutional investor held 262,927 shares of the public utilities company at the end of 2017Q4, valued at $17.78 million, down from 270,229 at the end of the previous reported quarter. Epoch Investment Partners Inc who had been investing in Republic Svcs Inc for a number of months, seems to be less bullish one the $21.77B market cap company. The stock increased 0.11% or $0.07 during the last trading session, reaching $66.03. About 169,538 shares traded. Republic Services, Inc. (NYSE:RSG) has risen 6.18% since April 19, 2017 and is uptrending. It has underperformed by 5.37% the S&P500.

Bbr Partners Llc decreased its stake in Albemarle Corp (ALB) by 40.37% based on its latest 2017Q4 regulatory filing with the SEC. Bbr Partners Llc sold 6,587 shares as the company’s stock declined 27.74% with the market. The hedge fund held 9,731 shares of the major chemicals company at the end of 2017Q4, valued at $1.24 million, down from 16,318 at the end of the previous reported quarter. Bbr Partners Llc who had been investing in Albemarle Corp for a number of months, seems to be less bullish one the $10.84B market cap company. The stock decreased 0.91% or $0.9 during the last trading session, reaching $97.89. About 222,117 shares traded. Albemarle Corporation (NYSE:ALB) has declined 10.68% since April 19, 2017 and is downtrending. It has underperformed by 22.23% the S&P500.

Analysts await Albemarle Corporation (NYSE:ALB) to report earnings on May, 9 after the close. They expect $1.20 EPS, up 14.29% or $0.15 from last year’s $1.05 per share. ALB’s profit will be $132.87M for 20.39 P/E if the $1.20 EPS becomes a reality. After $1.34 actual EPS reported by Albemarle Corporation for the previous quarter, Wall Street now forecasts -10.45% negative EPS growth.

Investors sentiment decreased to 1.01 in Q4 2017. Its down 0.12, from 1.13 in 2017Q3. It dived, as 42 investors sold ALB shares while 182 reduced holdings. 82 funds opened positions while 144 raised stakes. 92.86 million shares or 2.44% less from 95.18 million shares in 2017Q3 were reported. Stifel holds 0% of its portfolio in Albemarle Corporation (NYSE:ALB) for 5,510 shares. Moreover, Kbc Group Nv has 0.06% invested in Albemarle Corporation (NYSE:ALB) for 53,139 shares. Eqis Mgmt Incorporated reported 6,345 shares. Rathbone Brothers Public Ltd Liability Corporation holds 7,934 shares or 0.04% of its portfolio. Grp One Trading Lp stated it has 0.07% of its portfolio in Albemarle Corporation (NYSE:ALB). Moreover, First Republic Invest Mngmt has 0% invested in Albemarle Corporation (NYSE:ALB). Moreover, Monetary has 0.01% invested in Albemarle Corporation (NYSE:ALB) for 120 shares. Community State Bank Na, New York-based fund reported 85 shares. Texas Permanent School Fund has invested 0.05% in Albemarle Corporation (NYSE:ALB). Arizona State Retirement Systems accumulated 55,791 shares or 0.07% of the stock. Brandywine Glob Invest Mgmt Limited Liability Corp reported 43,154 shares or 0.03% of all its holdings. 8,199 were reported by Nomura Holdings Incorporated. Sumitomo Mitsui Asset Mngmt Limited has 9,284 shares for 0.02% of their portfolio. Amp Cap Ltd holds 0.04% or 53,300 shares in its portfolio. Benedict Financial Advsr Inc holds 6,755 shares or 0.42% of its portfolio.

Among 23 analysts covering Albemarle Corporation (NYSE:ALB), 16 have Buy rating, 1 Sell and 6 Hold. Therefore 70% are positive. Albemarle Corporation had 78 analyst reports since August 7, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of ALB in report on Monday, June 12 with “Buy” rating. The company was upgraded on Friday, August 7 by Suntrust Robinson. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Thursday, March 1. The firm earned “Buy” rating on Tuesday, April 17 by RBC Capital Markets. The company was maintained on Tuesday, February 23 by JP Morgan. Jefferies maintained it with “Buy” rating and $90 target in Thursday, May 12 report. The stock of Albemarle Corporation (NYSE:ALB) earned “Buy” rating by Robert W. Baird on Wednesday, February 28. UBS maintained the shares of ALB in report on Thursday, November 9 with “Neutral” rating. The stock has “Hold” rating by SunTrust on Wednesday, August 9. The firm earned “Buy” rating on Monday, July 17 by Jefferies.

Bbr Partners Llc, which manages about $7.35B and $533.09 million US Long portfolio, upped its stake in Tocagen Inc by 40,395 shares to 54,887 shares, valued at $563,000 in 2017Q4, according to the filing. It also increased its holding in Facebook Inc (NASDAQ:FB) by 4,865 shares in the quarter, for a total of 7,518 shares, and has risen its stake in Alphabet Inc.

Investors sentiment increased to 0.93 in 2017 Q4. Its up 0.09, from 0.84 in 2017Q3. It improved, as 38 investors sold RSG shares while 201 reduced holdings. 60 funds opened positions while 162 raised stakes. 195.12 million shares or 0.73% less from 196.55 million shares in 2017Q3 were reported. Janney Montgomery Scott Limited Liability Corporation has invested 0.02% in Republic Services, Inc. (NYSE:RSG). Cetera Advisors Ltd Liability Co reported 0.01% in Republic Services, Inc. (NYSE:RSG). Strategy Asset Managers Ltd invested in 0.58% or 43,558 shares. Moreover, Axa has 0.06% invested in Republic Services, Inc. (NYSE:RSG) for 239,372 shares. Earnest Ltd Co stated it has 0.6% in Republic Services, Inc. (NYSE:RSG). Rmb Cap Mngmt Ltd Liability Corporation reported 0.01% of its portfolio in Republic Services, Inc. (NYSE:RSG). Cutler Investment Counsel Limited Liability accumulated 4,695 shares. Natixis reported 0.01% stake. Lmr Prtn Ltd Liability Partnership reported 12,440 shares. Westport Asset Mngmt owns 19,000 shares for 0.95% of their portfolio. Rfg Advisory Group Lc owns 5,015 shares for 0.16% of their portfolio. First Citizens Bank And Trust invested 0.34% in Republic Services, Inc. (NYSE:RSG). Moreover, Rhumbline Advisers has 0.07% invested in Republic Services, Inc. (NYSE:RSG) for 488,360 shares. Sumitomo Mitsui Trust Hldg Inc holds 0.08% of its portfolio in Republic Services, Inc. (NYSE:RSG) for 881,787 shares. Bnp Paribas Asset Management Holding Sa has 0.15% invested in Republic Services, Inc. (NYSE:RSG) for 261,252 shares.

Among 16 analysts covering Republic Services (NYSE:RSG), 7 have Buy rating, 0 Sell and 9 Hold. Therefore 44% are positive. Republic Services had 42 analyst reports since August 19, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Tuesday, November 1 by Goldman Sachs. Raymond James downgraded the stock to “Outperform” rating in Wednesday, April 11 report. The firm earned “Overweight” rating on Tuesday, May 3 by Barclays Capital. The stock has “Buy” rating by BMO Capital Markets on Monday, January 22. The stock has “Neutral” rating by Sterne Agee CRT on Tuesday, March 22. Bank of America maintained Republic Services, Inc. (NYSE:RSG) rating on Thursday, October 5. Bank of America has “Buy” rating and $70 target. The rating was upgraded by Stifel Nicolaus to “Buy” on Thursday, January 4. The firm earned “Hold” rating on Wednesday, May 18 by Argus Research. The rating was maintained by BMO Capital Markets with “Outperform” on Friday, July 28. Stifel Nicolaus maintained Republic Services, Inc. (NYSE:RSG) on Monday, August 7 with “Buy” rating.

Analysts await Republic Services, Inc. (NYSE:RSG) to report earnings on May, 2 after the close. They expect $0.69 EPS, up 25.45% or $0.14 from last year’s $0.55 per share. RSG’s profit will be $227.45M for 23.92 P/E if the $0.69 EPS becomes a reality. After $0.61 actual EPS reported by Republic Services, Inc. for the previous quarter, Wall Street now forecasts 13.11% EPS growth.

Epoch Investment Partners Inc, which manages about $43.62 billion and $30.21B US Long portfolio, upped its stake in United Parcel Service Inc (NYSE:UPS) by 64,769 shares to 3.21M shares, valued at $382.90M in 2017Q4, according to the filing. It also increased its holding in Centene Corp Del (NYSE:CNC) by 645,622 shares in the quarter, for a total of 1.64 million shares, and has risen its stake in Icici Bk Ltd (NYSE:IBN).

Republic Services, Inc. (NYSE:RSG) Institutional Positions Chart

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