Mn Services Vermogensbeheer B.V. Has $1.04 Million Position in Stericycle, Inc. (NASDAQ:SRCL)
Mn Services Vermogensbeheer B.V. raised its position in Stericycle, Inc. (NASDAQ:SRCL) by 491.0% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 13,558 shares of the business services provider’s stock after buying an additional 11,264 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Stericycle were worth $1,035,000 as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. West Oak Capital LLC boosted its position in Stericycle by 26.7% in the first quarter. West Oak Capital LLC now owns 12,415 shares of the business services provider’s stock worth $1,029,000 after buying an additional 2,620 shares during the last quarter. Fulton Bank N.A. bought a new stake in shares of Stericycle during the first quarter worth $265,000. Burns J W & Co. Inc. NY raised its stake in shares of Stericycle by 1.0% in the first quarter. Burns J W & Co. Inc. NY now owns 10,200 shares of the business services provider’s stock worth $845,000 after buying an additional 100 shares during the last quarter. Chevy Chase Trust Holdings Inc. raised its stake in shares of Stericycle by 3.4% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 73,896 shares of the business services provider’s stock worth $6,125,000 after buying an additional 2,453 shares during the last quarter. Finally, Capital Investment Services of America Inc. raised its stake in shares of Stericycle by 10.0% in the first quarter. Capital Investment Services of America Inc. now owns 108,771 shares of the business services provider’s stock worth $9,016,000 after buying an additional 9,909 shares during the last quarter. Institutional investors own 95.16% of the company’s stock.
Shares of Stericycle, Inc. (SRCL) traded up 0.27% during midday trading on Monday, hitting $78.66. 1,124,252 shares of the stock traded hands. The company’s 50 day moving average price is $76.84 and its 200-day moving average price is $80.67. Stericycle, Inc. has a 12-month low of $71.52 and a 12-month high of $90.45. The stock has a market cap of $6.71 billion, a price-to-earnings ratio of 40.99 and a beta of 0.13.
Stericycle (NASDAQ:SRCL) last posted its quarterly earnings data on Thursday, August 3rd. The business services provider reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.02. The business had revenue of $917.70 million for the quarter, compared to analyst estimates of $902.81 million. Stericycle had a positive return on equity of 14.35% and a negative net margin of 0.07%. The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.18 earnings per share. On average, equities research analysts expect that Stericycle, Inc. will post $4.60 EPS for the current year.
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Several equities research analysts recently commented on the stock. Jefferies Group LLC set a $108.00 price objective on shares of Stericycle and gave the stock a “buy” rating in a research note on Saturday, May 6th. Zacks Investment Research cut shares of Stericycle from a “buy” rating to a “hold” rating in a report on Monday. BMO Capital Markets initiated coverage on shares of Stericycle in a report on Thursday, June 29th. They issued a “market perform” rating and a $81.00 target price for the company. Barclays PLC assumed coverage on shares of Stericycle in a report on Thursday, April 13th. They issued an “overweight” rating and a $100.00 target price for the company. Finally, BidaskClub raised shares of Stericycle from a “strong sell” rating to a “sell” rating in a report on Monday, July 24th. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $81.15.
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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