Mutual of America Capital Management LLC boosted its position in Stericycle Inc (NASDAQ:SRCL) by 16.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,946 shares of the business services provider’s stock after buying an additional 1,785 shares during the period. Mutual of America Capital Management LLC’s holdings in Stericycle were worth $880,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. NEXT Financial Group Inc grew its position in Stericycle by 77.9% in the 3rd quarter. NEXT Financial Group Inc now owns 2,322 shares of the business services provider’s stock valued at $164,000 after buying an additional 1,017 shares during the last quarter. ARGI Investment Services LLC purchased a new stake in shares of Stericycle during the 3rd quarter worth $215,000. Zions Bancorporation purchased a new stake in shares of Stericycle during the 3rd quarter worth $233,000. Cadence Capital Management LLC purchased a new stake in shares of Stericycle during the 3rd quarter worth $234,000. Finally, Zeke Capital Advisors LLC purchased a new stake in shares of Stericycle during the 3rd quarter worth $250,000. Hedge funds and other institutional investors own 94.24% of the company’s stock.
In related news, Director Mark C. Miller sold 19,753 shares of the business’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $67.43, for a total value of $1,331,944.79. The transaction was disclosed in a document filed with the SEC, which is available through this link. 3.50% of the stock is owned by insiders.
Shares of Stericycle Inc (NASDAQ:SRCL) opened at $76.02 on Friday. The company has a market cap of $6,490.00, a price-to-earnings ratio of -135.75, a price-to-earnings-growth ratio of 1.74 and a beta of 0.26. Stericycle Inc has a 1 year low of $61.25 and a 1 year 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.
Several equities research analysts have commented on the stock. BidaskClub lowered shares of Stericycle from a “hold” rating to a “sell” rating in a research report on Thursday, January 11th. Zacks Investment Research upgraded shares of Stericycle from a “sell” rating to a “hold” rating in a research report on Wednesday, January 10th. BMO Capital Markets restated a “hold” rating and set a $72.00 target price on shares of Stericycle in a research report on Wednesday, January 24th. Royal Bank of Canada decreased their target price on shares of Stericycle from $74.00 to $67.00 and set an “underperform” rating on the stock in a research report on Thursday, November 9th. Finally, Oppenheimer restated a “hold” rating on shares of Stericycle in a research report on Wednesday, December 13th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. Stericycle presently has an average rating of “Hold” and a consensus price target of $73.70.
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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