Quest Resource Holding Co. (NASDAQ:QRHC) Shares Acquired by State Street Corp

State Street Corp lifted its position in Quest Resource Holding Co. (NASDAQ:QRHC) by 2.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 175,345 shares of the business services provider’s stock after buying an additional 4,235 shares during the quarter. State Street Corp’s holdings in Quest Resource were worth $1,399,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. BNP Paribas Financial Markets increased its stake in Quest Resource by 62.0% during the third quarter. BNP Paribas Financial Markets now owns 10,063 shares of the business services provider’s stock worth $80,000 after purchasing an additional 3,850 shares during the period. Ashton Thomas Private Wealth LLC purchased a new position in shares of Quest Resource in the second quarter valued at approximately $34,000. Privium Fund Management B.V. grew its holdings in shares of Quest Resource by 47.1% in the third quarter. Privium Fund Management B.V. now owns 27,800 shares of the business services provider’s stock valued at $222,000 after purchasing an additional 8,900 shares in the last quarter. Rhumbline Advisers purchased a new stake in Quest Resource during the 2nd quarter worth approximately $145,000. Finally, GSA Capital Partners LLP acquired a new stake in Quest Resource during the 3rd quarter worth approximately $148,000. Institutional investors and hedge funds own 48.16% of the company’s stock.

Analyst Ratings Changes

QRHC has been the subject of several research reports. StockNews.com upgraded shares of Quest Resource from a “sell” rating to a “hold” rating in a research note on Tuesday, November 19th. Northland Securities started coverage on Quest Resource in a research note on Tuesday, September 17th. They set an “outperform” rating and a $12.50 target price for the company. Finally, Northland Capmk raised Quest Resource to a “strong-buy” rating in a research report on Tuesday, September 17th.

Quest Resource Trading Down 2.2 %

Shares of NASDAQ:QRHC opened at $6.36 on Friday. The company has a market cap of $130.94 million, a PE ratio of -17.19, a P/E/G ratio of 4.97 and a beta of 0.62. The company’s 50 day moving average is $7.00 and its two-hundred day moving average is $7.96. Quest Resource Holding Co. has a 52 week low of $5.80 and a 52 week high of $10.85. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 1.15.

Quest Resource Profile

Quest Resource Holding Corporation, together with its subsidiaries, provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States. The company provides disposal and recycling services for motor oil and automotive lubricants, oil filters, scrap tires, oily water, goods destruction, food waste, meat renderings, cooking oil and grease trap waste, plastics, cardboard, metal, glass, mixed paper, construction debris, as well as a large variety of regulated and non-regulated solid, liquid, and gas wastes.