Barclays PLC Has $211,000 Stake in Quest Resource Holding Co. (NASDAQ:QRHC)

Barclays PLC boosted its holdings in shares of Quest Resource Holding Co. (NASDAQ:QRHC) by 44.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,463 shares of the business services provider’s stock after purchasing an additional 8,203 shares during the period. Barclays PLC owned 0.13% of Quest Resource worth $211,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Geode Capital Management LLC increased its holdings in Quest Resource by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 352,670 shares of the business services provider’s stock valued at $2,815,000 after purchasing an additional 3,731 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in Quest Resource by 62.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 10,063 shares of the business services provider’s stock valued at $80,000 after purchasing an additional 3,850 shares in the last quarter. State Street Corp boosted its position in Quest Resource by 2.5% in the 3rd quarter. State Street Corp now owns 175,345 shares of the business services provider’s stock valued at $1,399,000 after buying an additional 4,235 shares during the last quarter. MetLife Investment Management LLC boosted its position in Quest Resource by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 10,285 shares of the business services provider’s stock valued at $82,000 after buying an additional 5,795 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in 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 valued at $1,484,000 after buying an additional 7,945 shares during the last quarter. 48.16% of the stock is owned by institutional investors and hedge funds.

Quest Resource Stock Up 0.3 %

Shares of QRHC opened at $5.92 on Wednesday. Quest Resource Holding Co. has a 52 week low of $5.67 and a 52 week high of $10.85. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.52 and a current ratio of 1.52. The firm has a market capitalization of $121.88 million, a price-to-earnings ratio of -16.00, a PEG ratio of 1.02 and a beta of 0.67. The business’s fifty day moving average price is $6.56 and its two-hundred day moving average price is $7.73.

Quest Resource (NASDAQ:QRHC) last posted its quarterly earnings results on Thursday, November 7th. The business services provider reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.04). Quest Resource had a positive return on equity of 3.11% and a negative net margin of 2.74%. The company had revenue of $72.77 million during the quarter, compared to the consensus estimate of $77.03 million. During the same quarter in the prior year, the business earned $0.02 earnings per share. On average, analysts predict that Quest Resource Holding Co. will post 0.09 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Quest Resource from a “sell” rating to a “hold” rating in a research report on Tuesday, November 19th.

Quest Resource Company 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.