Nisa Investment Advisors LLC lifted its stake in shares of Stericycle Inc (NASDAQ:SRCL) by 5.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 22,248 shares of the business services provider’s stock after acquiring an additional 1,100 shares during the period. Nisa Investment Advisors LLC’s holdings in Stericycle were worth $1,513,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SRCL. NEXT Financial Group Inc raised its position in Stericycle by 77.9% in the 3rd quarter. NEXT Financial Group Inc now owns 2,322 shares of the business services provider’s stock worth $164,000 after purchasing an additional 1,017 shares during the period. ARGI Investment Services LLC purchased a new position in Stericycle in the 3rd quarter worth $215,000. Zions Bancorporation purchased a new position in Stericycle in the 3rd quarter worth $233,000. Cadence Capital Management LLC purchased a new position in Stericycle in the 3rd quarter worth $234,000. Finally, Zeke Capital Advisors LLC purchased a new position in Stericycle in the 3rd quarter worth $250,000. 94.49% of the stock is owned by institutional investors.

In other Stericycle news, Director Mark C. Miller sold 19,753 shares of the business’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $64.03, for a total value of $1,264,784.59. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders sold 79,012 shares of company stock worth $5,240,668 in the last 90 days. Corporate insiders own 3.50% of the company’s stock.

A number of equities analysts recently commented on the stock. BidaskClub cut shares of Stericycle from a “hold” rating to a “sell” rating in a research report on Thursday, January 11th. Zacks Investment Research upgraded shares of Stericycle from a “sell” rating to a “hold” rating in a research report on Wednesday, January 10th. 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 research report on Thursday, November 9th. Oppenheimer reiterated a “hold” rating on shares of Stericycle in a research report on Wednesday, December 13th. Finally, 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 research report on Friday, November 10th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the stock. Stericycle presently has an average rating of “Hold” and a consensus target price of $75.18.

Stericycle Inc (NASDAQ:SRCL) opened at $72.00 on Monday. Stericycle Inc has a 52-week low of $61.25 and a 52-week high of $88.00. The stock has a market cap of $6,146.86, a PE ratio of -126.31, a price-to-earnings-growth ratio of 1.75 and a beta of 0.16. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.82 and a quick ratio of 0.82.

Stericycle (NASDAQ:SRCL) last released its quarterly earnings data on Wednesday, November 8th. The business services provider reported $1.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.04). Stericycle had a negative net margin of 0.79% and a positive return on equity of 13.93%. The firm had revenue of $883.00 million during the quarter, compared to analysts’ expectations of $896.81 million. During the same quarter in the previous year, the firm posted $1.24 EPS. Stericycle’s revenue was down .8% compared to the same quarter last year. equities research analysts expect that Stericycle Inc will post 4.49 EPS for the current fiscal year.

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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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