Blue Trust Inc. Decreases Stock Holdings in Stericycle, Inc. (NASDAQ:SRCL)

Blue Trust Inc. trimmed its holdings in Stericycle, Inc. (NASDAQ:SRCL) by 74.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,274 shares of the business services provider’s stock after selling 3,662 shares during the quarter. Blue Trust Inc.’s holdings in Stericycle were worth $74,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of SRCL. Handelsbanken Fonder AB increased its holdings in shares of Stericycle by 40.8% during the 3rd quarter. Handelsbanken Fonder AB now owns 23,800 shares of the business services provider’s stock worth $1,452,000 after buying an additional 6,900 shares during the last quarter. Syquant Capital Sas acquired a new stake in shares of Stericycle during the 3rd quarter worth approximately $6,100,000. SG Americas Securities LLC increased its holdings in shares of Stericycle by 233.4% during the 3rd quarter. SG Americas Securities LLC now owns 45,140 shares of the business services provider’s stock worth $2,754,000 after buying an additional 31,602 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Stericycle during the 2nd quarter worth approximately $7,353,000. Finally, Clifford Capital Partners LLC increased its holdings in shares of Stericycle by 17.5% during the 2nd quarter. Clifford Capital Partners LLC now owns 320,589 shares of the business services provider’s stock worth $18,636,000 after buying an additional 47,729 shares during the last quarter. 98.82% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Stericycle in a report on Sunday. They issued a “hold” rating for the company. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Stericycle has an average rating of “Hold” and a consensus target price of $74.00.

Stericycle Stock Up 0.7 %

Stericycle stock opened at $61.47 on Thursday. Stericycle, Inc. has a fifty-two week low of $37.78 and a fifty-two week high of $61.77. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.13 and a current ratio of 1.13. The firm has a 50 day moving average price of $60.70 and a 200 day moving average price of $56.59. The company has a market capitalization of $5.71 billion, a PE ratio of 161.76, a price-to-earnings-growth ratio of 3.32 and a beta of 1.11.

Stericycle 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.