After this morning's 4.6% surge to $143.99 per share, Republic Services might just keep moving past its target price of $149.25. With an average analyst rating of buy, and target prices from $136.0 to $173.0, the stock's next move is anyone's guess.
Republic Services's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 0.9%. The stock's short ratio is 1.35. At 0.1%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.
Another number to watch is the company's rate of institutional share ownership, which now stands at 94.6%. In conclusion, we believe there is mixed market sentiment regarding Republic Services.
Institutions Invested in Republic Services
|2022-12-31||Vanguard Group, Inc. (The)||6%||18,272,564||$2,631,066,590|
|2022-12-31||State Street Corporation||3%||9,047,574||$1,302,760,229|
|2022-12-31||Pictet Asset Management SA||2%||7,339,757||$1,056,851,650|
|2022-12-31||Geode Capital Management, LLC||1%||4,425,487||$637,225,897|
|2022-12-31||JP Morgan Chase & Company||1%||4,389,386||$632,027,714|
|2022-12-31||Price (T.Rowe) Associates Inc||1%||3,919,350||$564,347,228|
|2023-03-31||Nordea Investment Management AB||1%||3,799,812||$547,134,950|
|2023-03-31||Allspring Global Investments Holdings, LLC||1%||3,720,836||$535,763,196|
|2022-12-31||Dimensional Fund Advisors LP||1%||3,396,343||$489,039,447|