Clearbridge Investments LLC lowered its stake in shares of Stericycle Inc (NASDAQ:SRCL) by 7.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 857,938 shares of the business services provider’s stock after selling 70,993 shares during the period. Clearbridge Investments LLC owned approximately 1.00% of Stericycle worth $58,331,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. NEXT Financial Group Inc raised its holdings in shares of Stericycle by 77.9% in the 3rd quarter. NEXT Financial Group Inc now owns 2,322 shares of the business services provider’s stock worth $164,000 after acquiring an additional 1,017 shares during the last quarter. ARGI Investment Services LLC acquired a new stake in shares of Stericycle in the 3rd quarter worth about $215,000. Fuller & Thaler Asset Management Inc. raised its holdings in shares of Stericycle by 500.0% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 3,000 shares of the business services provider’s stock worth $204,000 after acquiring an additional 2,500 shares during the last quarter. Balter Liquid Alternatives LLC acquired a new stake in shares of Stericycle in the 4th quarter worth about $206,000. Finally, Roberts Glore & Co. Inc. IL acquired a new stake in shares of Stericycle in the 4th quarter worth about $210,000. Hedge funds and other institutional investors own 94.24% of the company’s stock.
In related news, Director Jack W. Schuler bought 10,000 shares of Stericycle stock in a transaction dated Thursday, March 1st. The stock was purchased at an average cost of $62.59 per share, with a total value of $625,900.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. 3.50% of the stock is owned by corporate insiders.
Shares of Stericycle Inc (SRCL) opened at $64.62 on Wednesday. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market cap of $5,549.26, a PE ratio of 14.95, a price-to-earnings-growth ratio of 1.47 and a beta of 0.42. Stericycle Inc has a one year low of $58.53 and a one year high of $88.00.
Stericycle (NASDAQ:SRCL) last posted its quarterly earnings data on Wednesday, February 21st. The business services provider reported $1.00 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.14 by ($0.14). The firm had revenue of $887.80 million during the quarter, compared to analysts’ expectations of $882.62 million. Stericycle had a net margin of 1.18% and a return on equity of 13.83%. The company’s quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter last year, the business posted $1.00 EPS. equities research analysts forecast that Stericycle Inc will post 4.58 earnings per share for the current year.
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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