Perkinelmer (PKI) Shareholder Edinburgh Partners LTD Has Decreased Its Position as Stock Price Rose; Great West Life Assurance Company Upped Its Republic Svcs (RSG) Position by $551,142; Share Price Declined

May 16, 2018 - By Marguerite Chambers

Republic Services, Inc. (NYSE:RSG) Logo

Great West Life Assurance Company increased its stake in Republic Svcs Inc (RSG) by 2.52% based on its latest 2017Q4 regulatory filing with the SEC. Great West Life Assurance Company bought 8,226 shares as the company’s stock declined 1.48% with the market. The institutional investor held 334,488 shares of the public utilities company at the end of 2017Q4, valued at $22.58M, up from 326,262 at the end of the previous reported quarter. Great West Life Assurance Company who had been investing in Republic Svcs Inc for a number of months, seems to be bullish on the $22.13B market cap company. The stock decreased 0.44% or $0.3 during the last trading session, reaching $67.48. About 960,418 shares traded. Republic Services, Inc. (NYSE:RSG) has risen 6.18% since May 16, 2017 and is uptrending. It has underperformed by 5.37% the S&P500.

Sandy Nairn decreased its stake in Perkinelmer Inc (PKI) by 21.65% based on its latest 2017Q4 regulatory filing with the SEC. Edinburgh Partners Ltd sold 105,135 shares as the company’s stock rose 3.38% while stock markets declined. The hedge fund run by Sandy Nairn held 380,499 shares of the capital goods company at the end of 2017Q4, valued at $27.83 million, down from 485,634 at the end of the previous reported quarter. Edinburgh Partners Ltd who had been investing in Perkinelmer Inc for a number of months, seems to be less bullish one the $8.17B market cap company. The stock decreased 3.14% or $2.39 during the last trading session, reaching $73.83. About 1.06 million shares traded or 70.89% up from the average. PerkinElmer, Inc. (NYSE:PKI) has risen 30.14% since May 16, 2017 and is uptrending. It has outperformed by 18.59% the S&P500.

Investors sentiment increased to 0.93 in Q4 2017. Its up 0.09, from 0.84 in 2017Q3. It increased, 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. The Massachusetts-based Rampart Mgmt Limited Liability has invested 0.07% in Republic Services, Inc. (NYSE:RSG). Cap Interest Investors holds 0.06% or 801,600 shares. Cambridge Inv Rech reported 0% stake. Cypress Mgmt Llc (Wy) stated it has 1,485 shares or 0.11% of all its holdings. Punch And Mgmt invested in 71,106 shares or 0.42% of the stock. Hanseatic Mgmt Svcs Inc holds 0.06% or 946 shares. Cetera Advisors stated it has 0.01% in Republic Services, Inc. (NYSE:RSG). United Cap Advisers Ltd Llc has invested 0.09% in Republic Services, Inc. (NYSE:RSG). Welch Forbes Ltd Co has 2,960 shares for 0.01% of their portfolio. Moreover, Cibc Asset has 0.01% invested in Republic Services, Inc. (NYSE:RSG). Citigroup invested 0.02% in Republic Services, Inc. (NYSE:RSG). Chevy Chase holds 0.06% or 197,852 shares. Neuberger Berman Gru Limited Company holds 44,124 shares. Macquarie Grp accumulated 5,200 shares or 0% of the stock. Epoch Invest Prtnrs has invested 0.06% of its portfolio in Republic Services, Inc. (NYSE:RSG).

Great West Life Assurance Company, which manages about $42.47B US Long portfolio, decreased its stake in General Mls Inc (NYSE:GIS) by 11,121 shares to 611,306 shares, valued at $36.19M in 2017Q4, according to the filing. It also reduced its holding in Lear Corp (NYSE:LEA) by 50,890 shares in the quarter, leaving it with 58,203 shares, and cut its stake in Markel Corp (NYSE:MKL).

More recent Republic Services, Inc. (NYSE:RSG) news were published by: Seekingalpha.com which released: “Q1 In The Waste Sector: Price And Volume Trends With Color Commentary” on May 10, 2018. Also Seekingalpha.com published the news titled: “Republic Services (RSG) Q1 2018 Results – Earnings Call Transcript” on May 03, 2018. Seekingalpha.com‘s news article titled: “Republic Services Retains Its Elevated Multiple” with publication date: May 09, 2018 was also an interesting one.

Among 16 analysts covering Republic Services (NYSE:RSG), 8 have Buy rating, 0 Sell and 8 Hold. Therefore 50% are positive. Republic Services had 43 analyst reports since August 19, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, October 13 by BMO Capital Markets. The stock of Republic Services, Inc. (NYSE:RSG) earned “Buy” rating by Zacks on Thursday, August 27. The stock of Republic Services, Inc. (NYSE:RSG) earned “Hold” rating by KeyBanc Capital Markets on Thursday, October 12. The stock of Republic Services, Inc. (NYSE:RSG) earned “Neutral” rating by Sterne Agee CRT on Tuesday, March 22. The rating was initiated by Credit Suisse with “Neutral” on Friday, November 6. The stock of Republic Services, Inc. (NYSE:RSG) earned “Equal-Weight” rating by Barclays Capital on Wednesday, March 1. Zacks downgraded the stock to “Buy” rating in Wednesday, August 19 report. Oppenheimer maintained Republic Services, Inc. (NYSE:RSG) on Friday, August 25 with “Hold” rating. The stock has “Neutral” rating by Wedbush on Tuesday, February 21. The company was maintained on Thursday, October 5 by Bank of America.

Since January 4, 2018, it had 0 buys, and 7 selling transactions for $1.92 million activity. Another trade for 9,236 shares valued at $632,192 was sold by Vander Ark Jon. 4,500 Republic Services, Inc. (NYSE:RSG) shares with value of $305,770 were sold by Collins Tomago. On Friday, February 23 the insider RODRIGUEZ RAMON A sold $540,836.

Since December 15, 2017, it had 0 insider purchases, and 6 sales for $9.20 million activity. On Monday, March 5 the insider Wilson Frank Anders sold $7.66 million. MICHAS ALEXIS P sold 2,412 shares worth $186,568. Tereau Daniel R also sold $89,012 worth of PerkinElmer, Inc. (NYSE:PKI) shares.

More recent PerkinElmer, Inc. (NYSE:PKI) news were published by: Seekingalpha.com which released: “PerkinElmer’s (PKI) CEO Rob Friel on Q1 2018 Results – Earnings Call Transcript” on May 01, 2018. Also Seekingalpha.com published the news titled: “PerkinElmer Lagging A Bit” on May 04, 2018. Globenewswire.com‘s news article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within Cognex, MRC Global, Fulton Financial, Synovus …” with publication date: May 14, 2018 was also an interesting one.

Investors sentiment increased to 1.34 in 2017 Q4. Its up 0.03, from 1.31 in 2017Q3. It improved, as 24 investors sold PKI shares while 101 reduced holdings. 60 funds opened positions while 107 raised stakes. 99.84 million shares or 0.46% more from 99.38 million shares in 2017Q3 were reported. 7,300 were reported by Virginia Retirement Sys Et Al. Asset Mgmt One Comm accumulated 478 shares. Washington Comml Bank owns 1,150 shares for 0.01% of their portfolio. State Treasurer State Of Michigan holds 32,329 shares. Cubist Systematic Strategies Limited Liability Company holds 0.05% of its portfolio in PerkinElmer, Inc. (NYSE:PKI) for 13,331 shares. Massachusetts Fincl Svcs Co Ma reported 3.04 million shares. Commerce Bancorporation has invested 0% of its portfolio in PerkinElmer, Inc. (NYSE:PKI). Comml Bank Of Montreal Can has invested 0% of its portfolio in PerkinElmer, Inc. (NYSE:PKI). Moreover, Crawford Investment Counsel Inc has 0.01% invested in PerkinElmer, Inc. (NYSE:PKI). State Of Tennessee Treasury Department holds 0.01% in PerkinElmer, Inc. (NYSE:PKI) or 28,512 shares. Pictet Asset Management Ltd invested in 2.78 million shares or 0.52% of the stock. Barclays Public Limited Liability Corporation accumulated 139,810 shares. Bessemer Group Inc has 0.01% invested in PerkinElmer, Inc. (NYSE:PKI). Gsa Capital Ptnrs Llp invested in 2,748 shares or 0.01% of the stock. 65,115 are owned by Great Lakes Advsrs Ltd Liability.

Edinburgh Partners Ltd, which manages about $378.76 million US Long portfolio, upped its stake in Celgene Corp (NASDAQ:CELG) by 45,801 shares to 315,906 shares, valued at $32.97M in 2017Q4, according to the filing.

Analysts await PerkinElmer, Inc. (NYSE:PKI) to report earnings on August, 2. They expect $0.86 EPS, up 28.36% or $0.19 from last year’s $0.67 per share. PKI’s profit will be $95.14 million for 21.46 P/E if the $0.86 EPS becomes a reality. After $0.63 actual EPS reported by PerkinElmer, Inc. for the previous quarter, Wall Street now forecasts 36.51% EPS growth.

Among 19 analysts covering PerkinElmer Inc (NYSE:PKI), 7 have Buy rating, 1 Sell and 11 Hold. Therefore 37% are positive. PerkinElmer Inc had 55 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by Morgan Stanley with “Overweight” on Friday, November 3. The firm has “Buy” rating by Cantor Fitzgerald given on Wednesday, August 26. Piper Jaffray maintained PerkinElmer, Inc. (NYSE:PKI) rating on Friday, January 26. Piper Jaffray has “Buy” rating and $91.0 target. Robert W. Baird maintained PerkinElmer, Inc. (NYSE:PKI) on Thursday, January 18 with “Buy” rating. On Tuesday, May 1 the stock rating was maintained by Bank of America with “Neutral”. As per Friday, August 5, the company rating was downgraded by Mizuho. The rating was downgraded by Bank of America on Friday, February 3 to “Underperform”. The stock of PerkinElmer, Inc. (NYSE:PKI) earned “Hold” rating by Jefferies on Tuesday, June 20. The stock has “Hold” rating by Cantor Fitzgerald on Monday, June 19. The company was maintained on Thursday, August 27 by Maxim Group.

PerkinElmer, Inc. (NYSE:PKI) Institutional Positions Chart

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