Creative Planning lessened its position in Stericycle, Inc. (NASDAQ:SRCL – Free Report) by 16.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,748 shares of the business services provider’s stock after selling 962 shares during the quarter. Creative Planning’s holdings in Stericycle were worth $290,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. First Eagle Investment Management LLC raised its holdings in shares of Stericycle by 5.2% in the first quarter. First Eagle Investment Management LLC now owns 242,975 shares of the business services provider’s stock valued at $12,817,000 after purchasing an additional 12,000 shares during the last quarter. Illinois Municipal Retirement Fund acquired a new stake in Stericycle in the 1st quarter valued at $756,000. Sei Investments Co. lifted its position in Stericycle by 5.9% during the 1st quarter. Sei Investments Co. now owns 1,124,481 shares of the business services provider’s stock worth $59,316,000 after buying an additional 63,112 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of Stericycle during the 1st quarter worth about $1,023,000. Finally, BNP Paribas Financial Markets grew its holdings in shares of Stericycle by 21.5% in the 1st quarter. BNP Paribas Financial Markets now owns 7,957 shares of the business services provider’s stock valued at $420,000 after acquiring an additional 1,408 shares in the last quarter. Institutional investors and hedge funds own 98.82% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com initiated coverage on Stericycle in a report on Monday, November 4th. They set a “hold” rating on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $74.00.
Stericycle Stock Performance
NASDAQ SRCL opened at $61.98 on Friday. The stock has a market cap of $5.75 billion, a PE ratio of 163.11, a P/E/G ratio of 3.38 and a beta of 1.10. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.13 and a current ratio of 1.20. The firm has a 50-day moving average of $61.13 and a 200-day moving average of $57.19. Stericycle, Inc. has a 52-week low of $37.78 and a 52-week high of $61.99.
Stericycle Profile
Stericycle, Inc, together with its subsidiaries, provides regulated waste and compliance services in the United States, Europe, and internationally. The company offers regulated waste and compliance services, including regulated medical waste, sharps waste management and disposal, pharmaceutical waste management and disposal, chemotherapy waste and disposal, controlled substance waste disposal, healthcare hazardous waste, and integrated waste stream solutions; specialty services, such as MedDrop medication collection kiosks, safe community solutions, SafeDrop sharps mailback solutions, and airport and maritime waste services; medical supply store services, that includes sharps and disposable biohazardous waste containers, infection control supplies, and seal&send medication mail back; and compliance solutions including Steri-Safe compliance solutions.
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