BNP Paribas Financial Markets Has $80,000 Stake in Quest Resource Holding Co. (NASDAQ:QRHC)

BNP Paribas Financial Markets boosted its stake in shares of Quest Resource Holding Co. (NASDAQ:QRHC) by 62.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,063 shares of the business services provider’s stock after acquiring an additional 3,850 shares during the quarter. BNP Paribas Financial Markets’ holdings in Quest Resource were worth $80,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its holdings in shares of Quest Resource by 4.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 168,717 shares of the business services provider’s stock worth $1,484,000 after acquiring an additional 7,945 shares in the last quarter. Bank of New York Mellon Corp bought a new position in Quest Resource in the 2nd quarter valued at $406,000. Evernest Financial Advisors LLC acquired a new position in Quest Resource in the third quarter worth $260,000. Privium Fund Management B.V. grew its holdings in shares of Quest Resource by 47.1% during the third quarter. Privium Fund Management B.V. now owns 27,800 shares of the business services provider’s stock worth $222,000 after purchasing an additional 8,900 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in shares of Quest Resource in the third quarter valued at $148,000. 48.16% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Quest Resource Stock Performance

Shares of NASDAQ:QRHC opened at $5.97 on Friday. The stock has a market capitalization of $122.91 million, a P/E ratio of -16.13, a P/E/G ratio of 4.97 and a beta of 0.62. 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 Holding Co. has a 1-year low of $5.96 and a 1-year high of $10.85. The business has a 50-day moving average price of $7.41 and a two-hundred day moving average price of $8.15.

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.