Nelson Roberts Investment Advisors LLC Purchases 444 Shares of Stericycle Inc (NASDAQ:SRCL)

Nelson Roberts Investment Advisors LLC boosted its position in shares of Stericycle Inc (NASDAQ:SRCL) by 0.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 57,021 shares of the business services provider’s stock after purchasing an additional 444 shares during the quarter. Nelson Roberts Investment Advisors LLC owned about 0.06% of Stericycle worth $3,639,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. National Asset Management Inc. bought a new stake in shares of Stericycle in the 4th quarter valued at about $314,000. Banque Cantonale Vaudoise bought a new stake in shares of Stericycle in the 4th quarter valued at about $275,000. Rockefeller Capital Management L.P. increased its stake in shares of Stericycle by 15.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 231,461 shares of the business services provider’s stock valued at $14,769,000 after acquiring an additional 31,821 shares during the last quarter. Earnest Partners LLC increased its stake in shares of Stericycle by 12.0% in the 4th quarter. Earnest Partners LLC now owns 723,504 shares of the business services provider’s stock valued at $46,167,000 after acquiring an additional 77,333 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board increased its stake in shares of Stericycle by 1.0% in the 4th quarter. Ontario Teachers Pension Plan Board now owns 1,900,000 shares of the business services provider’s stock valued at $121,239,000 after acquiring an additional 18,058 shares during the last quarter.

In other Stericycle news, EVP Daniel Ginnetti sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $62.65, for a total transaction of $375,900.00. Following the completion of the transaction, the executive vice president now owns 16,035 shares of the company’s stock, valued at approximately $1,004,592.75. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 2.30% of the company’s stock.

NASDAQ SRCL traded down $4.00 during trading hours on Friday, reaching $57.43. 994,808 shares of the company’s stock were exchanged, compared to its average volume of 518,525. The company’s 50-day moving average is $63.42 and its two-hundred day moving average is $57.30. Stericycle Inc has a one year low of $40.06 and a one year high of $67.94. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.94 and a current ratio of 0.94. The company has a market capitalization of $5.63 billion, a price-to-earnings ratio of -11.70, a price-to-earnings-growth ratio of 2.66 and a beta of 1.31.

Stericycle (NASDAQ:SRCL) last posted its earnings results on Thursday, February 27th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. Stericycle had a positive return on equity of 10.52% and a negative net margin of 13.26%. The business had revenue of $799.90 million during the quarter, compared to analysts’ expectations of $806.02 million. During the same period in the prior year, the business earned $1.03 EPS. Stericycle’s revenue for the quarter was down 6.2% compared to the same quarter last year. Research analysts predict that Stericycle Inc will post 2.63 earnings per share for the current fiscal year.

A number of research firms recently issued reports on SRCL. TheStreet raised Stericycle from a “d+” rating to a “c-” rating in a research note on Thursday, October 31st. BidaskClub raised Stericycle from a “hold” rating to a “buy” rating in a research note on Tuesday. Royal Bank of Canada began coverage on Stericycle in a research note on Wednesday, November 27th. They set an “outperform” rating and a $75.00 target price for the company. ValuEngine cut Stericycle from a “sell” rating to a “strong sell” rating in a research note on Tuesday, February 4th. Finally, Jefferies Financial Group began coverage on Stericycle in a research note on Wednesday, November 27th. They set a “hold” rating and a $68.00 target price for the company. Three analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. Stericycle presently has a consensus rating of “Hold” and a consensus target price of $61.86.

Stericycle Profile

Stericycle, Inc, together with its subsidiaries, provides regulated and compliance solutions to the healthcare, retail, and commercial businesses in the United States and internationally. It operates through three segments: Domestic and Canada Regulated Waste and Compliance; International Regulated Waste and Compliance; and Domestic Communication and Related Services.

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Institutional Ownership by Quarter for Stericycle (NASDAQ:SRCL)

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