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Gabelli Funds LLC Has $131.20 Million Stock Holdings in Republic Services, Inc. $RSG
Gabelli Funds LLC reduced its stake in Republic Services, Inc. (NYSE:RSG) by 4.9% in the third quarter, holding 571,728 shares valued at $131.20 million, representing 0.9% of the fund’s total holdings. Other institutional investors like Brighton Jones LLC and First Horizon Advisors Inc. increased their positions in Republic Services, which has seen its stock fluctuate between a 1-year low of $201.42 and a 1-year high of $258.75. The company recently reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend, while analysts maintain a “Moderate Buy” consensus rating with an average price target of $245.70.