As Republic Services (RSG) Stock Price Declined, Holder Partners Group Holding Ag Has Trimmed by $837,500 Its Position; As Southern Co (SO) Valuation Declined, Orleans Capital Management Has Trimmed Position

May 22, 2018 - By Ash

The Southern Company (NYSE:SO) Logo

Orleans Capital Management Corp decreased its stake in Southern Co (SO) by 19.68% based on its latest 2017Q4 regulatory filing with the SEC. Orleans Capital Management Corp sold 11,450 shares as the company’s stock declined 8.19% with the market. The institutional investor held 46,723 shares of the central company at the end of 2017Q4, valued at $2.25M, down from 58,173 at the end of the previous reported quarter. Orleans Capital Management Corp who had been investing in Southern Co for a number of months, seems to be less bullish one the $43.95B market cap company. The stock increased 1.66% or $0.71 during the last trading session, reaching $43.44. About 8.32 million shares traded or 49.87% up from the average. The Southern Company (NYSE:SO) has declined 11.47% since May 22, 2017 and is downtrending. It has underperformed by 23.02% the S&P500.

Partners Group Holding Ag decreased its stake in Republic Services Inc (RSG) by 1.71% based on its latest 2017Q4 regulatory filing with the SEC. Partners Group Holding Ag sold 12,500 shares as the company’s stock declined 1.48% with the market. The institutional investor held 717,131 shares of the public utilities company at the end of 2017Q4, valued at $48.49 million, down from 729,631 at the end of the previous reported quarter. Partners Group Holding Ag who had been investing in Republic Services Inc for a number of months, seems to be less bullish one the $22.08B market cap company. The stock increased 1.10% or $0.73 during the last trading session, reaching $67.34. About 1.26M shares traded. Republic Services, Inc. (NYSE:RSG) has risen 6.18% since May 22, 2017 and is uptrending. It has underperformed by 5.37% the S&P500.

Partners Group Holding Ag, which manages about $844.65 million US Long portfolio, upped its stake in Ares Capital Corp (NASDAQ:ARCC) by 636,400 shares to 1.54M shares, valued at $24.21M in 2017Q4, according to the filing. It also increased its holding in Sempra Energy (NYSE:SRE) by 6,200 shares in the quarter, for a total of 148,880 shares, and has risen its stake in Energy Transfer Partners Lp.

More important 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 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: Seekingalpha.com and their article: “Republic Services (RSG) Q1 2018 Results – Earnings Call Transcript” with publication date: May 03, 2018.

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. BMO Capital Markets maintained it with “Buy” rating and $72.0 target in Friday, September 8 report. The company was downgraded on Wednesday, October 4 by Stifel Nicolaus. 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 “Equal-Weight” rating by Barclays Capital on Thursday, October 22. The firm has “Outperform” rating by BMO Capital Markets given on Friday, July 28. The firm earned “Buy” rating on Monday, February 5 by Bank of America. As per Wednesday, August 19, the company rating was downgraded by Zacks. As per Thursday, December 17, the company rating was initiated by JP Morgan. Raymond James downgraded the shares of RSG in report on Wednesday, April 11 to “Outperform” rating. BMO Capital Markets maintained the stock with “Buy” rating in Friday, October 13 report.

Investors sentiment increased to 0.93 in 2017 Q4. Its up 0.09, from 0.84 in 2017Q3. It is positive, 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. Advantus Capital Management owns 23,037 shares for 0.04% of their portfolio. Rampart Investment Mgmt Ltd Liability Com has invested 0.07% of its portfolio in Republic Services, Inc. (NYSE:RSG). Stratos Wealth Prtnrs Limited owns 46,355 shares or 0.14% of their US portfolio. State Board Of Administration Of Florida Retirement Systems stated it has 0.07% of its portfolio in Republic Services, Inc. (NYSE:RSG). Cutler Investment Counsel Ltd Com holds 0.06% or 4,695 shares in its portfolio. Schwab Charles Inv holds 821,616 shares. Gradient Invests Ltd Liability Com holds 0% or 58 shares in its portfolio. Massachusetts-based North American Management has invested 0.19% in Republic Services, Inc. (NYSE:RSG). East Coast Asset Llc invested in 0.14% or 7,820 shares. Point72 Asset Management Limited Partnership stated it has 0.13% of its portfolio in Republic Services, Inc. (NYSE:RSG). Bluemountain Ltd Llc has 0% invested in Republic Services, Inc. (NYSE:RSG). Hilton Capital Mgmt Lc reported 308,483 shares or 3.15% of all its holdings. Commerzbank Aktiengesellschaft Fi, a Germany-based fund reported 19,555 shares. Bluecrest Capital Mgmt Limited holds 33,255 shares. Provise Group Limited Liability Co has 6,593 shares for 0.06% of their portfolio.

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 $255.79 million for 21.58 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. 8,118 shares were sold by RODRIGUEZ RAMON A, worth $540,836. Collins Tomago had sold 4,500 shares worth $305,770 on Thursday, March 8. Vander Ark Jon had sold 9,236 shares worth $632,192 on Tuesday, March 20.

Among 20 analysts covering The Southern Company (NYSE:SO), 5 have Buy rating, 5 Sell and 10 Hold. Therefore 25% are positive. The Southern Company had 77 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by SunTrust with “Hold” on Wednesday, December 6. The rating was maintained by SunTrust with “Hold” on Monday, April 23. On Wednesday, August 30 the stock rating was maintained by Jefferies with “Buy”. The rating was maintained by Citigroup with “Sell” on Tuesday, October 3. As per Tuesday, January 16, the company rating was maintained by SunTrust. The stock has “Underweight” rating by Morgan Stanley on Thursday, March 8. The stock has “Hold” rating by Argus Research on Friday, March 3. The stock of The Southern Company (NYSE:SO) has “Hold” rating given on Wednesday, January 3 by SunTrust. SunTrust maintained the shares of SO in report on Monday, September 26 with “Neutral” rating. SunTrust maintained the shares of SO in report on Monday, March 5 with “Hold” rating.

Investors sentiment increased to 1.1 in 2017 Q4. Its up 0.10, from 1 in 2017Q3. It is positive, as 56 investors sold SO shares while 329 reduced holdings. 75 funds opened positions while 350 raised stakes. 548.17 million shares or 4.36% more from 525.28 million shares in 2017Q3 were reported. Cap Inv Advsrs Ltd Liability accumulated 317,422 shares. Stevens Capital Limited Partnership accumulated 66,601 shares or 0.12% of the stock. Retirement Systems Of Alabama owns 486,370 shares. Moreover, Rhumbline Advisers has 0.18% invested in The Southern Company (NYSE:SO). Ingalls And Snyder Limited Liability Corporation holds 0.02% of its portfolio in The Southern Company (NYSE:SO) for 7,500 shares. Chemical Comml Bank invested in 22,259 shares or 0.12% of the stock. Smith Chas P & Associate Pa Cpas holds 0.06% of its portfolio in The Southern Company (NYSE:SO) for 9,558 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mngmt invested 0.24% of its portfolio in The Southern Company (NYSE:SO). Profund Advisors Limited Liability Co owns 88,744 shares. Covington Capital Mngmt has 6,900 shares for 0.02% of their portfolio. Moreover, Monetary Mngmt Gru has 0.17% invested in The Southern Company (NYSE:SO). 4,700 were accumulated by Baxter Bros. Bremer Trust Association owns 9,270 shares. Pettyjohn Wood & White stated it has 0.94% of its portfolio in The Southern Company (NYSE:SO). Columbia Asset holds 0.41% or 29,783 shares.

Analysts await The Southern Company (NYSE:SO) to report earnings on August, 1. They expect $0.65 earnings per share, down 10.96% or $0.08 from last year’s $0.73 per share. SO’s profit will be $657.56 million for 16.71 P/E if the $0.65 EPS becomes a reality. After $0.88 actual earnings per share reported by The Southern Company for the previous quarter, Wall Street now forecasts -26.14% negative EPS growth.

Orleans Capital Management Corp, which manages about $1.29B and $140.45M US Long portfolio, upped its stake in Nextera Energy Inc Com (NYSE:NEE) by 9,490 shares to 12,518 shares, valued at $1.96M in 2017Q4, according to the filing. It also increased its holding in Costco Whsl Corp New Com (NASDAQ:COST) by 11,880 shares in the quarter, for a total of 13,880 shares, and has risen its stake in J P Morgan Chase & Co Com (NYSE:JPM).

The Southern Company (NYSE:SO) Institutional Positions Chart

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>