R Squared Ltd significantly reduced its stake in Republic Services, Inc. by 66.1% in the third quarter, now holding 2,681 shares valued at $615,000. Despite this, institutional investors collectively own 57.73% of the stock. Analysts maintain a “Moderate Buy” rating for Republic Services, with a consensus target price of $245.62, following the company’s Q3 EPS beat and a declared quarterly dividend of $0.625.
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R Squared Ltd Trims Holdings in Republic Services, Inc. $RSG
R Squared Ltd significantly reduced its stake in Republic Services, Inc. by 66.1% in the third quarter, now holding 2,681 shares valued at $615,000. Despite this, institutional investors collectively own 57.73% of the stock. Analysts maintain a “Moderate Buy” rating for Republic Services, with a consensus target price of $245.62, following the company’s Q3 EPS beat and a declared quarterly dividend of $0.625.