Buckhead Capital Management LLC Boosts Holdings in Stericycle Inc (SRCL)
Buckhead Capital Management LLC grew its holdings in Stericycle Inc (NASDAQ:SRCL) by 6.6% in the 4th quarter, HoldingsChannel reports. The fund owned 40,897 shares of the business services provider’s stock after buying an additional 2,522 shares during the quarter. Buckhead Capital Management LLC’s holdings in Stericycle were worth $2,781,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of the business. First Merchants Corp purchased a new stake in shares of Stericycle during the 3rd quarter worth $1,483,000. California Public Employees Retirement System lifted its position in shares of Stericycle by 2.9% during the 3rd quarter. California Public Employees Retirement System now owns 156,984 shares of the business services provider’s stock worth $11,243,000 after purchasing an additional 4,384 shares during the last quarter. BNP Paribas Arbitrage SA lifted its position in shares of Stericycle by 29.2% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 64,921 shares of the business services provider’s stock worth $4,368,000 after purchasing an additional 14,677 shares during the last quarter. Janus Henderson Group PLC lifted its position in shares of Stericycle by 31.4% during the 2nd quarter. Janus Henderson Group PLC now owns 16,847 shares of the business services provider’s stock worth $1,286,000 after purchasing an additional 4,021 shares during the last quarter. Finally, Stifel Financial Corp lifted its position in shares of Stericycle by 15.1% during the 3rd quarter. Stifel Financial Corp now owns 99,039 shares of the business services provider’s stock worth $7,128,000 after purchasing an additional 12,997 shares during the last quarter. Institutional investors and hedge funds own 95.92% of the company’s stock.
Shares of Stericycle Inc (SRCL) opened at $70.55 on Friday. Stericycle Inc has a 1 year low of $61.25 and a 1 year high of $88.00. The firm has a market cap of $6,020.00, a price-to-earnings ratio of -125.98, a P/E/G ratio of 1.73 and a beta of 0.26. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.93.
Several equities research analysts have recently issued reports 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 raised 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 price objective on shares of Stericycle from $74.00 to $67.00 and set an “underperform” rating for the company in a research report on Thursday, November 9th. BMO Capital Markets reaffirmed a “hold” rating and set a $72.00 price objective on shares of Stericycle in a research report on Wednesday, January 24th. Finally, Oppenheimer reaffirmed a “hold” rating on shares of Stericycle in a research report on Wednesday, December 13th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $73.70.
In other Stericycle news, Director Mark C. Miller sold 19,753 shares of Stericycle stock in a transaction on Monday, November 27th. The shares were sold at an average price of $63.33, for a total value of $1,250,957.49. Following the transaction, the director now directly owns 205,854 shares in the company, valued at $13,036,733.82. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last three months, insiders sold 59,259 shares of company stock valued at $3,847,687. 3.50% of the stock is owned by corporate insiders.
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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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