Fulton Bank N.A. Acquires 194 Shares of Stericycle, Inc. (NASDAQ:SRCL)

Fulton Bank N.A. grew its holdings in shares of Stericycle, Inc. (NASDAQ:SRCL) by 5.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,899 shares of the business services provider’s stock after buying an additional 194 shares during the period. Fulton Bank N.A.’s holdings in Stericycle were worth $270,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the business. Neuberger Berman Group LLC lifted its holdings in shares of Stericycle by 0.7% in the 3rd quarter. Neuberger Berman Group LLC now owns 1,504,549 shares of the business services provider’s stock worth $94,814,000 after purchasing an additional 10,943 shares in the last quarter. Earnest Partners LLC lifted its stake in Stericycle by 7.3% during the 3rd quarter. Earnest Partners LLC now owns 845,812 shares of the business services provider’s stock valued at $53,337,000 after acquiring an additional 57,729 shares in the last quarter. Bernzott Capital Advisors lifted its stake in Stericycle by 76.7% during the 3rd quarter. Bernzott Capital Advisors now owns 783,948 shares of the business services provider’s stock valued at $49,436,000 after acquiring an additional 340,210 shares in the last quarter. Nuveen Asset Management LLC lifted its stake in Stericycle by 148.5% during the 2nd quarter. Nuveen Asset Management LLC now owns 762,284 shares of the business services provider’s stock valued at $42,673,000 after acquiring an additional 455,473 shares in the last quarter. Finally, Teacher Retirement System of Texas lifted its stake in Stericycle by 0.3% during the 3rd quarter. Teacher Retirement System of Texas now owns 651,925 shares of the business services provider’s stock valued at $41,110,000 after acquiring an additional 2,219 shares in the last quarter.

Several equities research analysts have recently issued reports on SRCL shares. BidaskClub lowered Stericycle from a “hold” rating to a “sell” rating in a research report on Friday, January 1st. Raymond James reaffirmed a “hold” rating on shares of Stericycle in a research report on Tuesday, October 6th. Berenberg Bank started coverage on Stericycle in a research report on Thursday, October 15th. They set a “buy” rating and a $76.00 target price for the company. Finally, BMO Capital Markets raised their target price on Stericycle from $68.00 to $74.00 and gave the company a “market perform” rating in a research report on Friday, November 6th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $66.63.

Shares of SRCL opened at $70.21 on Friday. The company has a market cap of $6.43 billion, a PE ratio of -21.08, a price-to-earnings-growth ratio of 4.74 and a beta of 1.20. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.87. The stock has a 50-day moving average price of $70.05 and a 200-day moving average price of $64.60. Stericycle, Inc. has a 12-month low of $38.45 and a 12-month high of $79.50.

Stericycle (NASDAQ:SRCL) last released its earnings results on Thursday, November 5th. The business services provider reported $0.68 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.57 by $0.11. The company had revenue of $636.40 million during the quarter, compared to the consensus estimate of $640.63 million. Stericycle had a positive return on equity of 9.73% and a negative net margin of 10.05%. Stericycle’s quarterly revenue was down 23.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 EPS. As a group, analysts predict that Stericycle, Inc. will post 2.14 earnings per share for the current year.

About Stericycle

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

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Institutional Ownership by Quarter for Stericycle (NASDAQ:SRCL)

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