Cascade Investment LLC Buys Some More Republic Services Inc. (RSG) Shares

Is it a good time to buy some more Republic Services, Inc. (NYSE:RSG) shares? The managers of Bill Gates’ Cascade Investment LLC seem to think so. According to a recent Form 4 filing with the Securities and Exchange Commission, Cascade has acquired 255,730 shares in one transaction at a price of $37.22 per unit. Following this move, the fund has taken its stake in Republic Services, Inc. (NYSE:RSG) to 93.65 million shares.

Republic Services, Inc. (NYSE:RSG)

Hedge fund gurus have different opinions with regard to Republic Services, Inc. (NYSE:RSG). Jim Simons is optimistic about the prospects of the company and has boosted his fund’s investment by 147% during the first quarter of this year. Renaissance Technologies reported ownership of a little over 821,200 shares in its latest 13F filing. Mario Gabelli and David E. Shaw have, on the other hand, chosen to reduce their exposure to the stock. Gabelli’s GAMCO Investors has trimmed its stake by 3% to 2.56 million shares during the same period of time. D E Shaw has reported a reduction of 5% in its investment in Republic Services, Inc. (NYSE:RSG) for the first quarter, retaining 2.19 million shares.

Disclosure: none.

Biotech Insider Alert - $5 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!