Schaper Benz & Wise Investment Counsel Inc. WI boosted its holdings in Stericycle Inc (NASDAQ:SRCL) by 9.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 120,069 shares of the business services provider’s stock after buying an additional 10,670 shares during the quarter. Schaper Benz & Wise Investment Counsel Inc. WI owned approximately 0.13% of Stericycle worth $6,115,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. First Bank & Trust purchased a new position in Stericycle in the second quarter valued at $28,000. Quadrant Capital Group LLC grew its holdings in shares of Stericycle by 78.9% during the third quarter. Quadrant Capital Group LLC now owns 959 shares of the business services provider’s stock worth $46,000 after purchasing an additional 423 shares during the last quarter. Griffin Asset Management Inc. purchased a new position in shares of Stericycle during the second quarter worth about $62,000. North Star Investment Management Corp. purchased a new position in shares of Stericycle during the third quarter worth about $83,000. Finally, First Mercantile Trust Co. grew its holdings in shares of Stericycle by 441.2% during the second quarter. First Mercantile Trust Co. now owns 2,273 shares of the business services provider’s stock worth $109,000 after buying an additional 1,853 shares during the last quarter.

Shares of SRCL traded up $0.04 during mid-day trading on Friday, reaching $62.39. 927,200 shares of the company’s stock were exchanged, compared to its average volume of 1,015,841. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.19. The company has a 50-day simple moving average of $52.56 and a two-hundred day simple moving average of $48.75. Stericycle Inc has a 52-week low of $34.36 and a 52-week high of $63.02. The company has a market cap of $5.58 billion, a price-to-earnings ratio of 14.02, a PEG ratio of 2.92 and a beta of 1.25.

Stericycle (NASDAQ:SRCL) last issued its quarterly earnings data on Thursday, October 31st. The business services provider reported $0.80 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.68 by $0.12. Stericycle had a negative net margin of 13.26% and a positive return on equity of 10.52%. The business had revenue of $833.10 million during the quarter, compared to analysts’ expectations of $842.21 million. During the same period last year, the company posted $1.03 EPS. The company’s revenue was down 2.6% on a year-over-year basis. As a group, equities research analysts predict that Stericycle Inc will post 2.62 EPS for the current fiscal year.

SRCL has been the topic of a number of research reports. ValuEngine raised Stericycle from a “strong sell” rating to a “sell” rating in a report on Tuesday, August 6th. Bank of America reissued an “underperform” rating and set a $44.00 price target (down previously from $46.00) on shares of Stericycle in a report on Wednesday, July 17th. BidaskClub raised Stericycle from a “sell” rating to a “hold” rating in a report on Saturday, October 19th. TheStreet raised Stericycle from a “d+” rating to a “c-” rating in a report on Thursday, October 31st. Finally, Robert W. Baird raised Stericycle from an “underperform” rating to a “neutral” rating and set a $44.00 price target on the stock in a report on Friday, August 2nd. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. Stericycle has a consensus rating of “Hold” and an average target price of $51.80.

In other Stericycle news, EVP Daniel Ginnetti sold 6,000 shares of Stericycle stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $55.47, for a total value of $332,820.00. Following the completion of the sale, the executive vice president now directly owns 15,943 shares of the company’s stock, valued at approximately $884,358.21. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 2.30% of the company’s stock.

About Stericycle

Stericycle, Inc, together with its subsidiaries, provides regulated and compliance solutions to the healthcare, retail, and commercial businesses in the United States and internationally. It operates through three segments: Domestic and Canada Regulated Waste and Compliance; International Regulated Waste and Compliance; and Domestic Communication and Related Services.

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Institutional Ownership by Quarter for Stericycle (NASDAQ:SRCL)

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