Clearwater Capital Partners LLC continued to hold its stake in shares of Stericycle, Inc. (NASDAQ:SRCL) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,437 shares of the business services provider’s stock at the close of the second quarter. Clearwater Capital Partners LLC’s holdings in Stericycle were worth $335,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Stericycle by 3.0% during the 2nd quarter. Vanguard Group Inc. now owns 8,334,537 shares of the business services provider’s stock valued at $636,092,000 after purchasing an additional 240,327 shares during the last quarter. BlackRock Inc. boosted its holdings in shares of Stericycle by 6.4% during the 2nd quarter. BlackRock Inc. now owns 5,413,244 shares of the business services provider’s stock valued at $413,139,000 after purchasing an additional 323,664 shares during the last quarter. State Street Corp boosted its holdings in shares of Stericycle by 1.1% during the 1st quarter. State Street Corp now owns 3,470,873 shares of the business services provider’s stock valued at $287,693,000 after purchasing an additional 39,382 shares during the last quarter. FMR LLC boosted its holdings in shares of Stericycle by 8.2% during the 1st quarter. FMR LLC now owns 2,925,407 shares of the business services provider’s stock valued at $242,486,000 after purchasing an additional 221,262 shares during the last quarter. Finally, Fairpointe Capital LLC boosted its holdings in shares of Stericycle by 14.5% during the 1st quarter. Fairpointe Capital LLC now owns 2,391,424 shares of the business services provider’s stock valued at $198,225,000 after purchasing an additional 302,369 shares during the last quarter. 93.58% of the stock is owned by institutional investors.

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Several research analysts have commented on SRCL shares. BMO Capital Markets started coverage on shares of Stericycle in a report on Thursday, June 29th. They set a “market perform” rating and a $81.00 price objective for the company. Zacks Investment Research raised shares of Stericycle from a “hold” rating to a “buy” rating and set a $85.00 price objective for the company in a report on Wednesday, July 5th. Jefferies Group LLC reissued a “buy” rating and set a $108.00 price objective on shares of Stericycle in a report on Thursday, July 13th. BidaskClub raised shares of Stericycle from a “strong sell” rating to a “sell” rating in a report on Monday, July 24th. Finally, Barclays PLC reissued an “overweight” rating and set a $100.00 price objective on shares of Stericycle in a report on Wednesday, August 9th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company’s stock. Stericycle currently has a consensus rating of “Hold” and an average price target of $81.25.

Stericycle (NASDAQ:SRCL) last posted its quarterly earnings results on Thursday, August 3rd. The business services provider reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.02. The firm had revenue of $917.70 million for the quarter, compared to analyst estimates of $902.81 million. Stericycle had a negative net margin of 0.07% and a positive return on equity of 14.35%. Stericycle’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the business posted $1.18 earnings per share.

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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Institutional Ownership by Quarter for Stericycle (NASDAQ:SRCL)

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