AMP Capital Investors Ltd boosted its holdings in shares of Stericycle Inc (NASDAQ:SRCL) by 64.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,801 shares of the business services provider’s stock after acquiring an additional 14,400 shares during the period. AMP Capital Investors Ltd’s holdings in Stericycle were worth $2,637,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in SRCL. Retirement Systems of Alabama grew its stake in Stericycle by 0.5% during the 2nd quarter. Retirement Systems of Alabama now owns 41,344 shares of the business services provider’s stock valued at $3,155,000 after acquiring an additional 217 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in Stericycle by 8.9% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 463,513 shares of the business services provider’s stock valued at $35,376,000 after acquiring an additional 37,927 shares in the last quarter. Arizona State Retirement System grew its stake in Stericycle by 0.5% during the 2nd quarter. Arizona State Retirement System now owns 21,190 shares of the business services provider’s stock valued at $1,617,000 after acquiring an additional 100 shares in the last quarter. Advisors Asset Management Inc. grew its stake in Stericycle by 3.2% during the 2nd quarter. Advisors Asset Management Inc. now owns 10,716 shares of the business services provider’s stock valued at $818,000 after acquiring an additional 333 shares in the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in Stericycle by 46.3% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 37,917 shares of the business services provider’s stock valued at $2,894,000 after purchasing an additional 12,000 shares during the last quarter. 94.63% of the stock is owned by institutional investors.

Stericycle Inc (NASDAQ SRCL) opened at $67.83 on Tuesday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.93. The firm has a market cap of $5,709.75, a PE ratio of 15.41, a price-to-earnings-growth ratio of 1.63 and a beta of 0.16. Stericycle Inc has a fifty-two week low of $61.25 and a fifty-two week high of $88.00.

Stericycle (NASDAQ:SRCL) last issued its quarterly earnings data on Wednesday, November 8th. The business services provider reported $1.10 EPS for the quarter, missing the consensus estimate of $1.14 by ($0.04). Stericycle had a positive return on equity of 13.93% and a negative net margin of 0.79%. The company had revenue of $883.00 million during the quarter, compared to analyst estimates of $896.81 million. During the same quarter in the prior year, the company posted $1.24 earnings per share. The business’s revenue was down .8% compared to the same quarter last year. equities research analysts predict that Stericycle Inc will post 4.5 earnings per share for the current fiscal year.

In other news, Director Mark C. Miller sold 19,753 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $64.03, for a total value of $1,264,784.59. The sale was disclosed in a document filed with the SEC, which is available through this link. Over the last 90 days, insiders sold 79,012 shares of company stock worth $5,240,668. Company insiders own 3.50% of the company’s stock.

Several equities analysts have weighed in on the stock. William Blair reiterated an “ourperform” rating on shares of Stericycle in a report on Thursday, September 14th. 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 report on Thursday, November 9th. Oppenheimer reiterated a “hold” rating on shares of Stericycle in a report on Wednesday, December 13th. BMO Capital Markets decreased their target price on shares of Stericycle from $74.00 to $62.00 and set a “market perform” rating on the stock in a report on Friday, November 10th. Finally, Jefferies Group set a $108.00 target price on shares of Stericycle and gave the company a “buy” rating in a report on Tuesday, October 17th. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company. Stericycle currently has a consensus rating of “Hold” and an average target price of $74.45.

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About Stericycle

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.

Institutional Ownership by Quarter for Stericycle (NASDAQ:SRCL)

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