Cerity Partners LLC Acquires 5,177 Shares of Stericycle, Inc. (NASDAQ:SRCL)

Cerity Partners LLC lifted its holdings in Stericycle, Inc. (NASDAQ:SRCL) by 30.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,950 shares of the business services provider’s stock after buying an additional 5,177 shares during the quarter. Cerity Partners LLC’s holdings in Stericycle were worth $1,339,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Versor Investments LP raised its holdings in shares of Stericycle by 156.0% in the third quarter. Versor Investments LP now owns 143,124 shares of the business services provider’s stock valued at $8,731,000 after buying an additional 87,214 shares during the last quarter. WINTON GROUP Ltd bought a new position in shares of Stericycle in the second quarter valued at about $5,356,000. American Century Companies Inc. bought a new position in shares of Stericycle in the second quarter valued at about $34,760,000. Water Island Capital LLC bought a new position in shares of Stericycle in the second quarter valued at about $17,550,000. Finally, XTX Topco Ltd raised its holdings in shares of Stericycle by 222.0% in the second quarter. XTX Topco Ltd now owns 17,724 shares of the business services provider’s stock valued at $1,030,000 after buying an additional 12,219 shares during the last quarter. 98.82% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Stericycle in a report on Thursday, November 28th. They set a “hold” rating for the company. One equities 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’s stock. Based on data from MarketBeat, Stericycle currently has an average rating of “Hold” and a consensus target price of $74.00.

Stericycle Stock Performance

Shares of NASDAQ:SRCL opened at $61.98 on Wednesday. The stock 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 1-year low of $37.78 and a 1-year high of $61.99. The business has a 50-day moving average price of $61.43 and a two-hundred day moving average price of $59.01. The company has a current ratio of 1.20, a quick ratio of 1.13 and a debt-to-equity ratio of 0.53.

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.