Aperio Group LLC Has $2.55 Million Stake in Stericycle, Inc. (SRCL)
Aperio Group LLC boosted its position in Stericycle, Inc. (NASDAQ:SRCL) by 0.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,377 shares of the business services provider’s stock after buying an additional 120 shares during the period. Aperio Group LLC’s holdings in Stericycle were worth $2,547,000 at the end of the most recent reporting period.
Several other institutional investors have also recently modified their holdings of SRCL. Kernodle & Katon Asset Management Group LLC purchased a new position in shares of Stericycle during the first quarter worth approximately $100,000. Heritage Trust Co purchased a new position in shares of Stericycle during the first quarter worth approximately $124,000. Pacer Advisors Inc. increased its position in shares of Stericycle by 3.3% in the first quarter. Pacer Advisors Inc. now owns 1,735 shares of the business services provider’s stock worth $144,000 after buying an additional 55 shares during the last quarter. Invictus RG purchased a new position in shares of Stericycle during the first quarter worth approximately $145,000. Finally, Morgan Dempsey Capital Management LLC increased its position in shares of Stericycle by 2.6% in the first quarter. Morgan Dempsey Capital Management LLC now owns 1,902 shares of the business services provider’s stock worth $158,000 after buying an additional 48 shares during the last quarter. Hedge funds and other institutional investors own 95.16% of the company’s stock.
Stericycle, Inc. (NASDAQ SRCL) traded up 0.15% during trading on Monday, reaching $78.57. 473,883 shares of the company’s stock traded hands. The stock has a market capitalization of $6.70 billion, a P/E ratio of 40.94 and a beta of 0.13. Stericycle, Inc. has a 1-year low of $71.52 and a 1-year high of $90.45. The stock has a 50-day moving average price of $76.84 and a 200 day moving average price of $80.67.
Stericycle (NASDAQ:SRCL) last announced its quarterly earnings data on Thursday, August 3rd. The business services provider reported $1.15 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.13 by $0.02. The company had revenue of $917.70 million during the quarter, compared to analyst estimates of $902.81 million. Stericycle had a negative net margin of 0.07% and a positive return on equity of 14.35%. The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period last year, the business earned $1.18 EPS. Equities research analysts expect that Stericycle, Inc. will post $4.60 earnings per share for the current year.
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SRCL has been the subject of a number of analyst reports. Jefferies Group LLC set a $108.00 target price on shares of Stericycle and gave the stock a “buy” rating in a research note on Saturday, May 6th. Zacks Investment Research upgraded shares of Stericycle from a “hold” rating to a “buy” rating and set a $97.00 target price for the company in a research note on Tuesday, April 25th. Deutsche Bank AG lowered their target price on shares of Stericycle from $14.00 to $10.00 and set a “buy” rating for the company in a research note on Monday, May 15th. BMO Capital Markets initiated coverage on shares of Stericycle in a research note on Thursday, June 29th. They set a “market perform” rating and a $81.00 target price for the company. Finally, Barclays PLC initiated coverage on shares of Stericycle in a research note on Thursday, April 13th. They set an “overweight” rating and a $100.00 target price for the company. Four analysts have rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $81.15.
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.
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