Stifel Financial Corp boosted its position in Stericycle, Inc. (NASDAQ:SRCL) by 41.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 59,130 shares of the business services provider’s stock after buying an additional 17,211 shares during the period. Stifel Financial Corp owned about 0.07% of Stericycle worth $4,893,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. Capital Analysts LLC boosted its position in shares of Stericycle by 6.2% in the fourth quarter. Capital Analysts LLC now owns 1,294 shares of the business services provider’s stock worth $100,000 after buying an additional 76 shares during the last quarter. Pacad Investment Ltd. bought a new position in shares of Stericycle during the fourth quarter worth about $100,000. Heritage Trust Co bought a new position in shares of Stericycle during the first quarter worth about $124,000. Fuller & Thaler Asset Management Inc. bought a new position in shares of Stericycle during the third quarter worth about $136,000. Finally, Pacer Advisors Inc. boosted 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. 96.61% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for Stericycle (NASDAQ:SRCL)

Stericycle, Inc. (NASDAQ:SRCL) opened at 78.17 on Friday. The stock has a market cap of $6.67 billion, a P/E ratio of 40.73 and a beta of 0.15. The stock’s 50 day moving average price is $83.03 and its 200-day moving average price is $80.53. Stericycle, Inc. has a one year low of $71.52 and a one year high of $107.74.

Stericycle (NASDAQ:SRCL) last issued its quarterly earnings data on Thursday, May 4th. The business services provider reported $1.09 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.05 by $0.04. The business had revenue of $892.40 million for the quarter, compared to the consensus estimate of $874.34 million. Stericycle had a return on equity of 14.40% and a net margin of 5.23%. The firm’s revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.11 EPS. On average, analysts predict that Stericycle, Inc. will post $4.63 earnings per share for the current year.

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A number of brokerages recently issued reports on SRCL. Jefferies Group LLC set a $108.00 target price on Stericycle and gave the stock a “buy” rating in a report on Saturday, May 6th. Raymond James Financial, Inc. restated a “market perform” rating on shares of Stericycle in a report on Monday, February 20th. Barrington Research lifted their target price on Stericycle from $84.00 to $93.00 and gave the stock an “outperform” rating in a report on Wednesday, February 22nd. Robert W. Baird cut Stericycle from a “neutral” rating to an “underperform” rating and decreased their target price for the stock from $74.00 to $73.00 in a report on Monday, May 15th. Finally, Zacks Investment Research upgraded Stericycle from a “sell” rating to a “hold” rating in a report on Saturday, February 18th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company’s stock. Stericycle currently has an average rating of “Hold” and an average price target of $82.17.

Stericycle Company Profile

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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