Stericycle, Inc. (NASDAQ:SRCL) Holdings Lowered by Integrated Investment Consultants LLC

Integrated Investment Consultants LLC reduced its position in shares of Stericycle, Inc. (NASDAQ:SRCL) by 11.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,700 shares of the business services provider’s stock after selling 500 shares during the period. Integrated Investment Consultants LLC’s holdings in Stericycle were worth $226,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Russell Investments Group Ltd. boosted its holdings in shares of Stericycle by 7.1% during the first quarter. Russell Investments Group Ltd. now owns 40,414 shares of the business services provider’s stock worth $2,132,000 after purchasing an additional 2,684 shares during the period. Earnest Partners LLC lifted its position in shares of Stericycle by 12.4% in the 1st quarter. Earnest Partners LLC now owns 2,460,020 shares of the business services provider’s stock worth $129,766,000 after acquiring an additional 271,025 shares during the period. SkyView Investment Advisors LLC lifted its position in Stericycle by 11.9% in the first quarter. SkyView Investment Advisors LLC now owns 16,051 shares of the business services provider’s stock worth $847,000 after purchasing an additional 1,704 shares during the period. Virtu Financial LLC acquired a new stake in shares of Stericycle during the 1st quarter valued at about $209,000. Finally, Boston Partners grew its stake in shares of Stericycle by 57.7% in the 1st quarter. Boston Partners now owns 15,520 shares of the business services provider’s stock valued at $819,000 after purchasing an additional 5,681 shares during the period. Institutional investors and hedge funds own 98.82% of the company’s stock.

Stericycle Stock Performance

SRCL stock opened at $61.98 on Friday. Stericycle, Inc. has a 1-year low of $37.78 and a 1-year high of $61.99. The business’s 50-day moving average price is $61.39 and its two-hundred day moving average price is $58.21. The firm 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 current ratio of 1.20, a quick ratio of 1.13 and a debt-to-equity ratio of 0.53.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Stericycle in a research note on Wednesday. They issued a “hold” rating for the company. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $74.00.

Stericycle Company 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.