12Th Street Asset Management Company Upped Its Stake in Republic Svcs (RSG) by $13.97 Million as Share Value Rose; Guidewire Software (GWRE) Holding Boosted by Stockbridge Partners Llc

September 14, 2018 - By Catherine Smith

Guidewire Software, Inc. (NYSE:GWRE) Logo

12Th Street Asset Management Company Llc increased its stake in Republic Svcs Inc (RSG) by 173.14% based on its latest 2018Q2 regulatory filing with the SEC. 12Th Street Asset Management Company Llc bought 205,405 shares as the company’s stock rose 8.40% with the market. The institutional investor held 324,037 shares of the public utilities company at the end of 2018Q2, valued at $22.15M, up from 118,632 at the end of the previous reported quarter. 12Th Street Asset Management Company Llc who had been investing in Republic Svcs Inc for a number of months, seems to be bullish on the $24.34B market cap company. The stock increased 0.01% or $0.01 during the last trading session, reaching $74.76. About 252,248 shares traded. Republic Services, Inc. (NYSE:RSG) has risen 11.64% since September 14, 2017 and is uptrending. It has underperformed by 3.98% the S&P500. Some Historical RSG News: 24/05/2018 – Republic Services Presenting at UBS Conference Jun 13; 09/04/2018 – Republic Services Landfill Workers Organize For Power With Teamsters; 21/04/2018 – DJ Republic Services Inc, Inst Holders, 1Q 2018 (RSG); 02/05/2018 – Republic Services 1Q Net $237.9M; 02/04/2018 – Cal EMA Spills: SPILL Report – Republic Services – 04/02/2018 05:07 PM; 22/05/2018 – Republic Services’ Chuck Serianni Named 2018 Financial Executive of the Year by the Financial Executives International; 20/04/2018 – Republic Services Closes Below 200-Day Moving Average; 03/05/2018 – Fitch Rates Republic Services’ Proposed 10-Year Senior Unsecured Notes ‘BBB’; 02/05/2018 – Republic Services 1Q EPS 72c; 26/03/2018 – The City Of Maywood Files Lawsuit Against Its Contracted Waste Hauler Consolidated Disposal Service, LLC And Republic Services,

Stockbridge Partners Llc increased its stake in Guidewire Software Inc (GWRE) by 174.42% based on its latest 2018Q2 regulatory filing with the SEC. Stockbridge Partners Llc bought 479,219 shares as the company’s stock rose 11.49% with the market. The hedge fund held 753,972 shares of the technology company at the end of 2018Q2, valued at $66.94M, up from 274,753 at the end of the previous reported quarter. Stockbridge Partners Llc who had been investing in Guidewire Software Inc for a number of months, seems to be bullish on the $8.55B market cap company. The stock increased 0.85% or $0.9 during the last trading session, reaching $106.53. About 444,658 shares traded. Guidewire Software, Inc. (NYSE:GWRE) has risen 30.13% since September 14, 2017 and is uptrending. It has outperformed by 14.51% the S&P500. Some Historical GWRE News: 15/03/2018 – Mitsui Sumitomo Marine Management (U.S.A.) Deploys Guidewire Cloud-Based System to Adapt its Commercial Lines for Success; 03/04/2018 – Guidewire Wins Two XCelent Awards for Policy Administration; 09/03/2018 – GUIDEWIRE – OFFERING OF NOTES UPSIZED FROM PREVIOUS AGGREGATE PRINCIPAL AMOUNT OF $300 MLN; 20/04/2018 – DJ Guidewire Software Inc, Inst Holders, 1Q 2018 (GWRE); 06/03/2018 Guidewire Software 2Q Loss/Shr 59c; 22/03/2018 – Mutual of Enumclaw Insurance Selects Guidewire Products for Claims Management and Digital Vendor Experience; 07/03/2018 – Guidewire Volume Jumps More Than Eight Times 20 Day Average; 21/03/2018 – Guidewire Dublin Recognised as Global Centre for Product Development and Professional Services; 06/03/2018 – Guidewire Software 2Q Rev $163.8M; 06/03/2018 – Guidewire Software Sees 3Q Adj Loss/Shr 3c-Adj EPS 0c

Among 15 analysts covering Guidewire Software (NYSE:GWRE), 12 have Buy rating, 0 Sell and 3 Hold. Therefore 80% are positive. Guidewire Software had 42 analyst reports since September 1, 2015 according to SRatingsIntel. Citigroup upgraded the shares of GWRE in report on Friday, October 30 to “Buy” rating. The stock has “Buy” rating by Piper Jaffray on Tuesday, June 13. As per Wednesday, June 6, the company rating was maintained by Deutsche Bank. The stock of Guidewire Software, Inc. (NYSE:GWRE) has “Neutral” rating given on Thursday, September 7 by Bank of America. The stock has “Underperform” rating by Bank of America on Friday, September 16. The rating was maintained by Citigroup with “Buy” on Thursday, June 2. Deutsche Bank maintained the stock with “Buy” rating in Thursday, June 2 report. The firm has “Buy” rating by Piper Jaffray given on Wednesday, March 14. The rating was maintained by DA Davidson on Thursday, June 7 with “Buy”. As per Friday, June 2, the company rating was maintained by Stifel Nicolaus.

Investors sentiment decreased to 1.19 in Q2 2018. Its down 0.32, from 1.51 in 2018Q1. It dived, as 34 investors sold GWRE shares while 66 reduced holdings. 44 funds opened positions while 75 raised stakes. 83.35 million shares or 1.91% more from 81.79 million shares in 2018Q1 were reported. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0% in Guidewire Software, Inc. (NYSE:GWRE). Brown Advisory accumulated 565,780 shares. Qs Limited Liability Corporation owns 900 shares. Wells Fargo & Com Mn owns 174,098 shares. Moreover, Stockbridge Prns Ltd Liability Co has 2.79% invested in Guidewire Software, Inc. (NYSE:GWRE). Tci Wealth Inc has invested 0% in Guidewire Software, Inc. (NYSE:GWRE). First Manhattan Company invested in 0% or 1,200 shares. Amer Registered Advisor holds 0.22% or 5,110 shares in its portfolio. J Goldman And Limited Partnership invested in 0.38% or 83,230 shares. Franklin Resource owns 1.45M shares. The Connecticut-based Night Owl Cap Ltd Liability Co has invested 1.64% in Guidewire Software, Inc. (NYSE:GWRE). Amer Century invested 0.08% of its portfolio in Guidewire Software, Inc. (NYSE:GWRE). Metropolitan Life Ins has 0% invested in Guidewire Software, Inc. (NYSE:GWRE) for 6,298 shares. Strs Ohio reported 4,672 shares. Comm Bankshares holds 0.02% or 14,155 shares.

More news for Guidewire Software, Inc. (NYSE:GWRE) were recently published by: Seekingalpha.com, which released: “Stocks To Watch: Time To Talk Valuation” on September 01, 2018. Seekingalpha.com‘s article titled: “Guidewire Software -7% on downside FY guidance” and published on September 05, 2018 is yet another important article.

Since March 15, 2018, it had 0 buys, and 31 insider sales for $14.75 million activity. Shares for $1.74M were sold by Ryu Marcus on Wednesday, August 1. 1,966 shares were sold by King James Winston, worth $165,412. Another trade for 4,783 shares valued at $402,623 was made by Sherry Steven P. on Monday, March 19. On Tuesday, April 3 the insider Polelle Michael sold $18,260. 135 shares valued at $12,847 were sold by Hung Priscilla on Tuesday, June 5. Kheirolomoom Ali also sold $493,156 worth of Guidewire Software, Inc. (NYSE:GWRE) on Tuesday, June 19.

Stockbridge Partners Llc, which manages about $1.82B and $2.40 billion US Long portfolio, decreased its stake in Mplx Lp (NYSE:MPLX) by 372,171 shares to 5.41 million shares, valued at $184.87 million in 2018Q2, according to the filing. It also reduced its holding in Tyler Technologies Inc (NYSE:TYL) by 106,792 shares in the quarter, leaving it with 681,829 shares, and cut its stake in Realpage Inc (NASDAQ:RP).

Investors sentiment increased to 0.92 in Q2 2018. Its up 0.05, from 0.87 in 2018Q1. It improved, as 32 investors sold RSG shares while 198 reduced holdings. 61 funds opened positions while 150 raised stakes. 190.37 million shares or 0.66% less from 191.63 million shares in 2018Q1 were reported. Perkins Coie reported 0.02% stake. First Manhattan reported 54 shares. Geode Capital Ltd Liability Com owns 3.42 million shares or 0.07% of their US portfolio. Ancora Advsr Ltd Company invested 0.07% of its portfolio in Republic Services, Inc. (NYSE:RSG). The California-based Intl has invested 0.06% in Republic Services, Inc. (NYSE:RSG). Huntington Retail Bank reported 0% of its portfolio in Republic Services, Inc. (NYSE:RSG). Sg Americas Securities Lc reported 0.1% in Republic Services, Inc. (NYSE:RSG). Checchi Advisers reported 0.03% stake. Westport Asset Management reported 19,000 shares stake. Texas Permanent School Fund invested in 0.05% or 54,416 shares. Panagora Asset reported 47,379 shares stake. Korea Inv accumulated 107,962 shares. World Asset Mgmt owns 0.05% invested in Republic Services, Inc. (NYSE:RSG) for 14,151 shares. Moreover, Nordea Inv Ab has 0% invested in Republic Services, Inc. (NYSE:RSG) for 10,708 shares. Acadian Asset Mgmt Lc invested in 228,576 shares.

Among 16 analysts covering Republic Services (NYSE:RSG), 8 have Buy rating, 0 Sell and 8 Hold. Therefore 50% are positive. Republic Services had 46 analyst reports since August 19, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, August 17 by Bank of America. The rating was upgraded by Stifel Nicolaus to “Buy” on Thursday, January 4. Barclays Capital maintained the shares of RSG in report on Tuesday, August 9 with “Overweight” rating. As per Friday, October 13, the company rating was maintained by BMO Capital Markets. The stock of Republic Services, Inc. (NYSE:RSG) earned “Overweight” rating by Barclays Capital on Tuesday, May 3. The firm has “Buy” rating given on Thursday, May 10 by Argus Research. The firm earned “Hold” rating on Friday, August 25 by Oppenheimer. The firm has “Overweight” rating by JP Morgan given on Thursday, December 17. The company was maintained on Thursday, September 7 by Stifel Nicolaus. As per Thursday, August 27, the company rating was downgraded by Zacks.

Since March 20, 2018, it had 0 insider buys, and 4 insider sales for $18.88 million activity. Hughes Jeffrey A also sold $1.10M worth of Republic Services, Inc. (NYSE:RSG) shares. Vander Ark Jon also sold $632,192 worth of Republic Services, Inc. (NYSE:RSG) shares. 225,734 shares valued at $16.48M were sold by SLAGER DONALD W on Friday, August 10.

12Th Street Asset Management Company Llc, which manages about $414.07 million US Long portfolio, decreased its stake in Dollar Gen Corp New (NYSE:DG) by 11,845 shares to 348,704 shares, valued at $34.38 million in 2018Q2, according to the filing. It also reduced its holding in Fedex Corp (NYSE:FDX) by 5,944 shares in the quarter, leaving it with 126,185 shares, and cut its stake in Marten Trans Ltd (NASDAQ:MRTN).

Guidewire Software, Inc. (NYSE:GWRE) Institutional Positions Chart

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.

Free Email 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