Quest Partners LLC Makes New Investment in Sterling Check Corp. (NASDAQ:STER)

Quest Partners LLC bought a new position in Sterling Check Corp. (NASDAQ:STERFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,870 shares of the company’s stock, valued at approximately $54,000.

A number of other institutional investors have also recently made changes to their positions in the company. Victory Capital Management Inc. boosted its stake in Sterling Check by 2.1% during the 3rd quarter. Victory Capital Management Inc. now owns 46,000 shares of the company’s stock valued at $581,000 after purchasing an additional 947 shares during the last quarter. Parkside Financial Bank & Trust increased its holdings in Sterling Check by 71.1% in the 3rd quarter. Parkside Financial Bank & Trust now owns 2,801 shares of the company’s stock worth $35,000 after buying an additional 1,164 shares in the last quarter. Swiss National Bank raised its position in Sterling Check by 6.5% in the 4th quarter. Swiss National Bank now owns 56,961 shares of the company’s stock worth $793,000 after buying an additional 3,500 shares during the last quarter. New York State Common Retirement Fund lifted its stake in Sterling Check by 55.1% during the 3rd quarter. New York State Common Retirement Fund now owns 10,684 shares of the company’s stock valued at $135,000 after acquiring an additional 3,796 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in shares of Sterling Check by 29.0% during the 4th quarter. SG Americas Securities LLC now owns 17,213 shares of the company’s stock valued at $240,000 after acquiring an additional 3,872 shares during the last quarter. Hedge funds and other institutional investors own 84.34% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on STER. JPMorgan Chase & Co. restated a “neutral” rating and issued a $17.00 target price on shares of Sterling Check in a report on Friday, March 1st. Stifel Nicolaus reissued a “hold” rating and issued a $16.50 price objective (up from $14.00) on shares of Sterling Check in a research note on Thursday, March 14th. Finally, William Blair cut shares of Sterling Check from an “outperform” rating to a “market perform” rating in a research note on Friday, March 1st. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $15.30.

View Our Latest Stock Report on STER

Sterling Check Stock Down 0.1 %

NASDAQ:STER opened at $15.28 on Friday. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.74. The business has a 50 day simple moving average of $15.53 and a 200-day simple moving average of $14.30. Sterling Check Corp. has a 1 year low of $10.00 and a 1 year high of $16.68.

Sterling Check (NASDAQ:STERGet Free Report) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.07). Sterling Check had a positive return on equity of 8.47% and a negative net margin of 1.19%. The firm had revenue of $186.00 million for the quarter, compared to analysts’ expectations of $178.95 million. As a group, research analysts anticipate that Sterling Check Corp. will post 0.73 EPS for the current year.

About Sterling Check

(Free Report)

Sterling Check Corp. provides technology-enabled background and identity verification services in the United States, Canada, Europe, the Middle East and Africa, and the Asia Pacific. The company offers identity verification services, such as telecom and device verification, identification document verification, facial recognition with biometric matching, social security number verification, and live video chat identification proofing; fingerprinting; background checks, including criminal record checks, sex offender registries, civil court records, motor vehicle and driving license records, executive investigations, credit reports, social media searches, and contingent workforce solutions; liens, judgments, and bankruptcies; and sanctions, risk, and compliance checks.

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Institutional Ownership by Quarter for Sterling Check (NASDAQ:STER)

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