Public Employees Retirement Association of Colorado trimmed its stake in shares of Stericycle, Inc. (NASDAQ:SRCL) by 9.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,625 shares of the business services provider’s stock after selling 1,610 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Stericycle were worth $1,047,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently bought and sold shares of the company. Rice Hall James & Associates LLC lifted its holdings in Stericycle by 54.9% in the 3rd quarter. Rice Hall James & Associates LLC now owns 43,898 shares of the business services provider’s stock worth $3,144,000 after buying an additional 15,559 shares during the period. Clarkston Capital Partners LLC lifted its holdings in Stericycle by 43.1% in the 3rd quarter. Clarkston Capital Partners LLC now owns 1,013,885 shares of the business services provider’s stock worth $72,614,000 after buying an additional 305,441 shares during the period. Ironwood Investment Counsel LLC lifted its holdings in Stericycle by 125.4% in the 3rd quarter. Ironwood Investment Counsel LLC now owns 7,800 shares of the business services provider’s stock worth $559,000 after buying an additional 4,340 shares during the period. Markel Corp lifted its holdings in Stericycle by 17.8% in the 3rd quarter. Markel Corp now owns 232,000 shares of the business services provider’s stock worth $16,616,000 after buying an additional 35,000 shares during the period. Finally, Crossmark Global Holdings Inc. purchased a new stake in Stericycle in the 3rd quarter worth approximately $479,000. Institutional investors and hedge funds own 94.19% of the company’s stock.
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Stericycle, Inc. (SRCL) opened at $64.02 on Monday. Stericycle, Inc. has a 52-week low of $61.62 and a 52-week high of $88.00. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.82 and a current ratio of 0.82. The firm has a market capitalization of $5,465.57, a P/E ratio of 14.75, a P/E/G ratio of 1.75 and a beta of 0.19.
Stericycle (NASDAQ:SRCL) last posted its quarterly earnings data on Wednesday, November 8th. The business services provider reported $1.10 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.14 by ($0.04). Stericycle had a negative net margin of 0.79% and a positive return on equity of 13.93%. The company had revenue of $883.00 million for the quarter, compared to the consensus estimate of $896.81 million. During the same period last year, the business earned $1.24 EPS. The firm’s quarterly revenue was down .8% on a year-over-year basis. equities analysts forecast that Stericycle, Inc. will post 4.49 earnings per share for the current year.
Several equities research analysts have weighed in on SRCL shares. BidaskClub cut Stericycle from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 1st. Zacks Investment Research cut Stericycle from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. Stifel Nicolaus reiterated a “buy” rating and issued a $85.00 price objective (down previously from $95.00) on shares of Stericycle in a report on Thursday. Jefferies Group LLC set a $108.00 price objective on Stericycle and gave the stock a “buy” rating in a report on Tuesday, October 17th. Finally, William Blair reiterated an “ourperform” rating on shares of Stericycle in a report on Thursday, September 14th. Four analysts have rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $77.17.
In other Stericycle news, Director Mark C. Miller sold 19,753 shares of Stericycle stock in a transaction on Monday, October 30th. The stock was sold at an average price of $70.52, for a total value of $1,392,981.56. Following the completion of the sale, the director now owns 205,576 shares of the company’s stock, valued at approximately $14,497,219.52. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 3.30% of the stock is owned by company insiders.
Stericycle, Inc is a business-to-business services provider. The Company focuses on regulated and compliance solutions for healthcare, retail, and commercial businesses. The Company’s segments include Domestic and Canada Regulated Waste and Compliance Services (RCS), Domestic Communication and Related Services (CRS), International RCS and All other.
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