Harvest Management LLC Has $1.17 Million Position in Stericycle, Inc. (NASDAQ:SRCL)

Harvest Management LLC decreased its holdings in shares of Stericycle, Inc. (NASDAQ:SRCL) by 5.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,200 shares of the business services provider’s stock after selling 1,000 shares during the period. Stericycle comprises 0.6% of Harvest Management LLC’s portfolio, making the stock its 22nd biggest holding. Harvest Management LLC’s holdings in Stericycle were worth $1,171,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. OneDigital Investment Advisors LLC increased its stake in shares of Stericycle by 1.3% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 13,723 shares of the business services provider’s stock valued at $837,000 after buying an additional 171 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in Stericycle by 6.4% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,447 shares of the business services provider’s stock worth $433,000 after purchasing an additional 449 shares in the last quarter. Arizona State Retirement System lifted its position in shares of Stericycle by 1.9% in the second quarter. Arizona State Retirement System now owns 25,915 shares of the business services provider’s stock worth $1,506,000 after purchasing an additional 487 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Stericycle by 74.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,569 shares of the business services provider’s stock worth $91,000 after purchasing an additional 672 shares in the last quarter. Finally, Creative Planning raised its holdings in shares of Stericycle by 13.4% in the 2nd quarter. Creative Planning now owns 5,710 shares of the business services provider’s stock valued at $332,000 after purchasing an additional 673 shares during the period. Institutional investors own 98.82% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of Stericycle in a research note on Thursday, November 28th. They issued a “hold” rating on the stock. One equities research 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. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $74.00.

Stericycle Price Performance

Shares of NASDAQ SRCL opened at $61.98 on Tuesday. The stock’s 50-day simple moving average is $61.42 and its two-hundred day simple moving average is $58.91. The company has a quick ratio of 1.13, a current ratio of 1.20 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $5.75 billion, a P/E ratio of 163.11, a P/E/G ratio of 3.38 and a beta of 1.10. Stericycle, Inc. has a twelve month low of $37.78 and a twelve month high of $61.99.

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.