Wealth Enhancement Advisory Services Trimmed Holding in Republic Svcs (RSG) as Stock Declined; Cincinnati Insurance Company Upped Its Valero Energy (VLO) Holding by $14.06 Million as Share Price Rose

May 23, 2018 - By Vivian Park

Republic Services, Inc. (NYSE:RSG) Logo

Cincinnati Insurance Company increased its stake in Valero Energy Corp (VLO) by 125.51% based on its latest 2017Q4 regulatory filing with the SEC. Cincinnati Insurance Company bought 154,460 shares as the company’s stock rose 1.25% while stock markets declined. The institutional investor held 277,528 shares of the integrated oil company at the end of 2017Q4, valued at $25.51M, up from 123,068 at the end of the previous reported quarter. Cincinnati Insurance Company who had been investing in Valero Energy Corp for a number of months, seems to be bullish on the $51.71 billion market cap company. The stock decreased 0.12% or $0.15 during the last trading session, reaching $120. About 397,999 shares traded. Valero Energy Corporation (NYSE:VLO) has risen 39.32% since May 23, 2017 and is uptrending. It has outperformed by 27.77% the S&P500.

Wealth Enhancement Advisory Services Llc decreased its stake in Republic Svcs Inc (RSG) by 18.48% based on its latest 2017Q4 regulatory filing with the SEC. Wealth Enhancement Advisory Services Llc sold 12,617 shares as the company’s stock declined 1.48% with the market. The institutional investor held 55,659 shares of the public utilities company at the end of 2017Q4, valued at $3.81 million, down from 68,276 at the end of the previous reported quarter. Wealth Enhancement Advisory Services Llc who had been investing in Republic Svcs Inc for a number of months, seems to be less bullish one the $21.99 billion market cap company. The stock decreased 0.08% or $0.055 during the last trading session, reaching $67.045. About 87,848 shares traded. Republic Services, Inc. (NYSE:RSG) has risen 6.18% since May 23, 2017 and is uptrending. It has underperformed by 5.37% the S&P500.

Analysts await Republic Services, Inc. (NYSE:RSG) to report earnings on July, 26. They expect $0.78 EPS, up 27.87% or $0.17 from last year’s $0.61 per share. RSG’s profit will be $255.78 million for 21.49 P/E if the $0.78 EPS becomes a reality. After $0.74 actual EPS reported by Republic Services, Inc. for the previous quarter, Wall Street now forecasts 5.41% EPS growth.

Since January 4, 2018, it had 0 insider buys, and 7 insider sales for $1.92 million activity. $305,770 worth of Republic Services, Inc. (NYSE:RSG) was sold by Collins Tomago. On Tuesday, March 20 Vander Ark Jon sold $632,192 worth of Republic Services, Inc. (NYSE:RSG) or 9,236 shares. RODRIGUEZ RAMON A also sold $540,836 worth of Republic Services, Inc. (NYSE:RSG) on Friday, February 23.

Investors sentiment increased to 0.93 in Q4 2017. 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. Greenwood Limited Liability Co stated it has 3,390 shares. Senator Invest LP accumulated 1.50 million shares. Rmb Cap Mngmt Ltd Company, a Illinois-based fund reported 3,578 shares. 38,685 were accumulated by Strs Ohio. Horizon Invs accumulated 0.25% or 25,335 shares. Fjarde Ap owns 42,243 shares. Mason Street Advsrs Limited Liability invested 0.05% in Republic Services, Inc. (NYSE:RSG). Dupont Cap holds 0.08% or 50,805 shares. Price T Rowe Assoc Md stated it has 0% in Republic Services, Inc. (NYSE:RSG). First Fin Corporation In stated it has 2,500 shares. Wedgewood Invsts Pa has 0.42% invested in Republic Services, Inc. (NYSE:RSG) for 7,615 shares. Stevens First Principles holds 0.26% in Republic Services, Inc. (NYSE:RSG) or 7,150 shares. Prudential Financial invested in 0.03% or 318,053 shares. Blackrock accumulated 0.06% or 20.03M shares. Texas Permanent School Fund holds 0.05% or 62,043 shares.

More important recent Republic Services, Inc. (NYSE:RSG) news were published by: Seekingalpha.com which released: “Republic Services (RSG) Q1 2018 Results – Earnings Call Transcript” on May 03, 2018, also Seekingalpha.com published article titled: “Republic Services Retains Its Elevated Multiple”, Bizjournals.com published: “6 Arizona companies land on Fortune 500” on May 21, 2018. More interesting news about Republic Services, Inc. (NYSE:RSG) was released by: Prnewswire.com and their article: “Republic Services’ Chuck Serianni Named 2018 Financial Executive of the Year by the Financial Executives International” with publication date: May 22, 2018.

Wealth Enhancement Advisory Services Llc, which manages about $3.07B and $1.41B US Long portfolio, upped its stake in Spdr Series Trust (EBND) by 34,049 shares to 254,700 shares, valued at $7.72 million in 2017Q4, according to the filing. It also increased its holding in Schwab Strategic Tr (SCHR) by 22,309 shares in the quarter, for a total of 193,301 shares, and has risen its stake in Ishares (IGOV).

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 has “Buy” rating by Zacks given on Wednesday, August 19. The stock of Republic Services, Inc. (NYSE:RSG) earned “Buy” rating by Bank of America on Thursday, October 5. The firm has “Buy” rating given on Thursday, August 27 by Zacks. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, August 9. The stock has “Buy” rating by Stifel Nicolaus on Monday, August 7. The firm earned “Buy” rating on Tuesday, July 18 by Stifel Nicolaus. The rating was maintained by BMO Capital Markets with “Buy” on Monday, January 22. The stock of Republic Services, Inc. (NYSE:RSG) has “Buy” rating given on Friday, September 8 by BMO Capital Markets. Stifel Nicolaus upgraded Republic Services, Inc. (NYSE:RSG) rating on Thursday, January 4. Stifel Nicolaus has “Buy” rating and $73.0 target. The firm earned “Equal-Weight” rating on Thursday, October 22 by Barclays Capital.

Investors sentiment decreased to 0.98 in Q4 2017. Its down 0.02, from 1 in 2017Q3. It is negative, as 51 investors sold VLO shares while 327 reduced holdings. 108 funds opened positions while 261 raised stakes. 331.76 million shares or 3.27% less from 342.98 million shares in 2017Q3 were reported. Gulf Natl Bank (Uk) Ltd owns 140,943 shares for 0.16% of their portfolio. Pinebridge Invs Limited Partnership holds 0.52% or 219,216 shares. Cornercap Inv Counsel stated it has 1.01% of its portfolio in Valero Energy Corporation (NYSE:VLO). 11,000 are owned by Pacad Investment. Voya Invest Mgmt Limited Liability holds 0.1% or 518,716 shares. Ontario – Canada-based Retail Bank Of Nova Scotia has invested 0.1% in Valero Energy Corporation (NYSE:VLO). Pillar Pacific Ltd Liability Corporation invested in 56,868 shares. Old Savings Bank In owns 0.24% invested in Valero Energy Corporation (NYSE:VLO) for 49,921 shares. Arvest State Bank Trust Division owns 0.74% invested in Valero Energy Corporation (NYSE:VLO) for 115,297 shares. American Gru has invested 0.06% in Valero Energy Corporation (NYSE:VLO). Acadian Asset Mgmt Llc reported 460,691 shares or 0.18% of all its holdings. Twin Capital Mgmt holds 0.52% in Valero Energy Corporation (NYSE:VLO) or 115,900 shares. Advisor Ptnrs Lc holds 14,224 shares or 0.25% of its portfolio. Alpha Cubed Investments Ltd Com reported 0.03% of its portfolio in Valero Energy Corporation (NYSE:VLO). Kepos Ltd Partnership owns 54,317 shares.

Among 23 analysts covering Valero Energy Corporation (NYSE:VLO), 11 have Buy rating, 0 Sell and 12 Hold. Therefore 48% are positive. Valero Energy Corporation had 86 analyst reports since July 24, 2015 according to SRatingsIntel. Jefferies downgraded Valero Energy Corporation (NYSE:VLO) on Monday, October 16 to “Hold” rating. The firm has “Overweight” rating given on Tuesday, November 14 by Barclays Capital. The firm has “Neutral” rating by UBS given on Wednesday, November 15. RBC Capital Markets maintained it with “Buy” rating and $7700 target in Thursday, July 20 report. The company was maintained on Sunday, January 21 by Piper Jaffray. Cowen & Co maintained the shares of VLO in report on Thursday, September 28 with “Outperform” rating. Tudor Pickering upgraded Valero Energy Corporation (NYSE:VLO) on Wednesday, November 16 to “Buy” rating. Jefferies maintained Valero Energy Corporation (NYSE:VLO) rating on Wednesday, January 24. Jefferies has “Hold” rating and $92.0 target. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, May 30. Barclays Capital maintained Valero Energy Corporation (NYSE:VLO) on Friday, April 27 with “Overweight” rating.

More notable recent Valero Energy Corporation (NYSE:VLO) news were published by: Benzinga.com which released: “Under Armour, Valero, And 3 Other Stocks In Strong Directional Trends This Week” on May 22, 2018, also Bizjournals.com with their article: “Valero buys biofuels plant in South America” published on May 15, 2018, Globenewswire.com published: “Valero Energy Reports First Quarter 2018 Results” on April 26, 2018. More interesting news about Valero Energy Corporation (NYSE:VLO) were released by: Seekingalpha.com and their article: “A Broad Look Into Valero Energy” published on April 26, 2018 as well as Seekingalpha.com‘s news article titled: “Valero: Beware Of The Downside Risk” with publication date: May 16, 2018.

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