Two Sigma Securities LLC bought a new stake in Stericycle Inc (NASDAQ:SRCL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,587 shares of the business services provider’s stock, valued at approximately $244,000.
A number of other institutional investors have also modified their holdings of SRCL. Nationwide Fund Advisors lifted its holdings in Stericycle by 16.7% during the third quarter. Nationwide Fund Advisors now owns 73,527 shares of the business services provider’s stock worth $5,266,000 after acquiring an additional 10,500 shares during the period. Crossmark Global Holdings Inc. bought a new stake in Stericycle during the third quarter worth $479,000. Swiss National Bank lifted its holdings in Stericycle by 1.3% during the third quarter. Swiss National Bank now owns 314,000 shares of the business services provider’s stock worth $22,489,000 after acquiring an additional 4,100 shares during the period. BNP Paribas Arbitrage SA lifted its holdings in Stericycle by 29.2% during the third quarter. BNP Paribas Arbitrage SA now owns 64,921 shares of the business services provider’s stock worth $4,368,000 after acquiring an additional 14,677 shares during the period. Finally, Sei Investments Co. lifted its holdings in Stericycle by 10.2% during the third quarter. Sei Investments Co. now owns 110,549 shares of the business services provider’s stock worth $7,917,000 after acquiring an additional 10,250 shares during the period. Institutional investors and hedge funds own 94.24% of the company’s stock.
A number of analysts recently commented on SRCL shares. Stifel Nicolaus reiterated a “buy” rating and set a $85.00 price target on shares of Stericycle in a report on Thursday, December 28th. Robert W. Baird upgraded Stericycle from an “underperform” rating to a “neutral” rating and set a $73.00 price target on the stock in a report on Tuesday, February 13th. BMO Capital Markets reiterated a “hold” rating and set a $72.00 price target on shares of Stericycle in a report on Wednesday, January 24th. Oppenheimer reiterated a “hold” rating on shares of Stericycle in a report on Wednesday, December 13th. Finally, Jefferies Group set a $83.00 price target on Stericycle and gave the stock a “buy” rating in a report on Wednesday, December 13th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $70.67.
Shares of Stericycle Inc (SRCL) opened at $63.59 on Friday. The stock has a market capitalization of $5,439.74, a price-to-earnings ratio of 244.59, a price-to-earnings-growth ratio of 1.44 and a beta of 0.42. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.84 and a quick ratio of 0.84. Stericycle Inc has a one year low of $58.53 and a one year high of $88.00.
Stericycle (NASDAQ:SRCL) last issued its earnings results on Wednesday, February 21st. The business services provider reported $1.00 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.14 by ($0.14). The firm had revenue of $887.80 million during the quarter, compared to the consensus estimate of $882.62 million. Stericycle had a net margin of 1.18% and a return on equity of 13.83%. The business’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.00 earnings per share. equities research analysts predict that Stericycle Inc will post 4.58 EPS for the current year.
In other news, Director Jack W. Schuler bought 10,000 shares of the stock in a transaction on Thursday, March 1st. The shares were purchased at an average cost of $62.59 per share, for a total transaction of $625,900.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 3.50% of the company’s stock.
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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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