Republic Services (RSG) Shareholder Eubel Brady & Suttman Asset Management Has Decreased Stake by $529,980; As Merck & Co (MRK) Valuation Declined, Excalibur Management Has Decreased Its Stake

February 13, 2018 - By Adrian Mccoy

Excalibur Management Corp decreased its stake in Merck & Co (MRK) by 7.48% based on its latest 2017Q3 regulatory filing with the SEC. Excalibur Management Corp sold 6,545 shares as the company’s stock declined 2.46% while stock markets rallied. The institutional investor held 80,899 shares of the health care company at the end of 2017Q3, valued at $5.18 million, down from 87,444 at the end of the previous reported quarter. Excalibur Management Corp who had been investing in Merck & Co for a number of months, seems to be less bullish one the $151.02 billion market cap company. The stock increased 1.02% or $0.56 during the last trading session, reaching $55.43. About 12.65M shares traded. Merck & Co., Inc. (NYSE:MRK) has risen 16.86% since February 13, 2017 and is uptrending. It has outperformed by 0.16% the S&P500.

Eubel Brady & Suttman Asset Management Inc decreased its stake in Republic Services Inc (RSG) by 4.28% based on its latest 2017Q3 regulatory filing with the SEC. Eubel Brady & Suttman Asset Management Inc sold 8,030 shares as the company’s stock rose 1.04% with the market. The institutional investor held 179,493 shares of the public utilities company at the end of 2017Q3, valued at $11.86M, down from 187,523 at the end of the previous reported quarter. Eubel Brady & Suttman Asset Management Inc who had been investing in Republic Services Inc for a number of months, seems to be less bullish one the $20.74 billion market cap company. The stock increased 1.07% or $0.66 during the last trading session, reaching $62.62. About 2.15M shares traded or 55.99% up from the average. Republic Services, Inc. (NYSE:RSG) has risen 28.68% since February 13, 2017 and is uptrending. It has outperformed by 11.98% the S&P500.

Since September 12, 2017, it had 0 insider purchases, and 7 sales for $3.30 million activity. $420,883 worth of stock was sold by Hughes Jeffrey A on Tuesday, September 12. Ellingsen Catharine D sold $940,762 worth of stock or 14,250 shares. The insider SLAGER DONALD W sold 22,608 shares worth $1.49 million.

Among 14 analysts covering Republic Services (NYSE:RSG), 5 have Buy rating, 0 Sell and 9 Hold. Therefore 36% are positive. Republic Services had 40 analyst reports since August 19, 2015 according to SRatingsIntel. On Tuesday, March 22 the stock rating was initiated by Sterne Agee CRT with “Neutral”. The stock of Republic Services, Inc. (NYSE:RSG) earned “Neutral” rating by Macquarie Research on Friday, August 26. On Tuesday, May 3 the stock rating was upgraded by Barclays Capital to “Overweight”. As per Thursday, September 7, the company rating was maintained by Stifel Nicolaus. The stock of Republic Services, Inc. (NYSE:RSG) has “Buy” rating given on Monday, August 7 by Stifel Nicolaus. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, July 18. The stock of Republic Services, Inc. (NYSE:RSG) has “Hold” rating given on Friday, August 25 by Oppenheimer. Credit Suisse maintained Republic Services, Inc. (NYSE:RSG) rating on Monday, November 6. Credit Suisse has “Neutral” rating and $67 target. BMO Capital Markets maintained the shares of RSG in report on Friday, October 13 with “Buy” rating. Bank of America initiated Republic Services, Inc. (NYSE:RSG) on Sunday, November 8 with “Buy” rating.

Investors sentiment decreased to 0.84 in 2017 Q3. Its down 0.14, from 0.98 in 2017Q2. It dived, as 27 investors sold RSG shares while 210 reduced holdings. 47 funds opened positions while 152 raised stakes. 196.55 million shares or 1.70% less from 199.95 million shares in 2017Q2 were reported. Utah Retirement, a Utah-based fund reported 42,179 shares. 28,713 were accumulated by Mackenzie Financial Corp. Cutler Counsel Limited Liability Company invested in 0.07% or 4,695 shares. City Hldgs Communication has 0.02% invested in Republic Services, Inc. (NYSE:RSG). Monroe Savings Bank And Tru Mi holds 375 shares or 0.01% of its portfolio. Natixis Asset Mgmt stated it has 12,542 shares. Us Savings Bank De accumulated 0.04% or 211,089 shares. Bnp Paribas Asset Management Hldgs Sa owns 230,275 shares or 0.13% of their US portfolio. Cantab Prns Llp reported 0.16% in Republic Services, Inc. (NYSE:RSG). Bancorp Of Nova Scotia holds 0.02% or 40,279 shares. Ogorek Anthony Joseph Adv reported 100 shares or 0.01% of all its holdings. Cibc World Mkts Corporation reported 33,353 shares. Arrowstreet Limited Partnership holds 0.2% or 1.11M shares. Shell Asset Mngmt holds 0.16% or 240,600 shares. Chevy Chase Trust Hldgs accumulated 200,150 shares or 0.06% of the stock.

Eubel Brady & Suttman Asset Management Inc, which manages about $789.30 million and $326.02M US Long portfolio, upped its stake in Servisfirst Bancshares Inc (NASDAQ:SFBS) by 31,334 shares to 202,030 shares, valued at $7.85M in 2017Q3, according to the filing.

Among 23 analysts covering Merck & Co. Inc. (NYSE:MRK), 16 have Buy rating, 0 Sell and 7 Hold. Therefore 70% are positive. Merck & Co. Inc. had 76 analyst reports since August 13, 2015 according to SRatingsIntel. The company was initiated on Wednesday, September 30 by Societe Generale. Jefferies maintained Merck & Co., Inc. (NYSE:MRK) rating on Friday, August 18. Jefferies has “Sell” rating and $52.0 target. The stock of Merck & Co., Inc. (NYSE:MRK) has “Hold” rating given on Thursday, August 27 by Berenberg. The firm has “Buy” rating by SunTrust given on Friday, July 28. UBS maintained Merck & Co., Inc. (NYSE:MRK) on Monday, October 30 with “Buy” rating. Piper Jaffray maintained Merck & Co., Inc. (NYSE:MRK) rating on Friday, July 28. Piper Jaffray has “Buy” rating and $7000 target. The firm has “Outperform” rating by BMO Capital Markets given on Thursday, October 12. JP Morgan maintained Merck & Co., Inc. (NYSE:MRK) on Monday, September 21 with “Overweight” rating. The stock of Merck & Co., Inc. (NYSE:MRK) earned “Hold” rating by Jefferies on Tuesday, June 14. The firm earned “Buy” rating on Friday, August 4 by BMO Capital Markets.

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