Creative Planning decreased its holdings in Stericycle, Inc. (NASDAQ:SRCL – Free Report) by 16.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 4,748 shares of the business services provider’s stock after selling 962 shares during the quarter. Creative Planning’s holdings in Stericycle were worth $290,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Clearstead Trust LLC acquired a new position in Stericycle during the first quarter worth about $25,000. International Assets Investment Management LLC acquired a new position in Stericycle during the 2nd quarter worth approximately $45,000. Headlands Technologies LLC bought a new position in Stericycle in the 1st quarter valued at approximately $44,000. Quest Partners LLC boosted its position in Stericycle by 4,172.7% in the second quarter. Quest Partners LLC now owns 940 shares of the business services provider’s stock valued at $55,000 after buying an additional 918 shares in the last quarter. Finally, Summit Securities Group LLC acquired a new stake in Stericycle in the second quarter valued at approximately $58,000. Institutional investors and hedge funds own 98.82% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, StockNews.com assumed coverage on Stericycle in a research note on Monday, November 4th. They issued a “hold” rating for the company. 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. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $74.00.
Stericycle Stock Performance
NASDAQ:SRCL opened at $61.98 on Friday. Stericycle, Inc. has a 52 week low of $37.78 and a 52 week high of $61.99. The firm’s fifty day moving average is $61.13 and its 200-day moving average is $57.19. The firm has a market cap 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. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.13 and a current ratio of 1.20.
About Stericycle
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.
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