WINTON GROUP Ltd Takes $5.36 Million Position in Stericycle, Inc. (NASDAQ:SRCL)

WINTON GROUP Ltd bought a new position in shares of Stericycle, Inc. (NASDAQ:SRCL) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 92,137 shares of the business services provider’s stock, valued at approximately $5,356,000. WINTON GROUP Ltd owned 0.10% of Stericycle at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the business. Clearstead Trust LLC bought a new position in shares of Stericycle during the 1st quarter worth about $25,000. Principal Securities Inc. bought a new position in Stericycle in the fourth quarter worth approximately $41,000. GAMMA Investing LLC grew its stake in Stericycle by 170.9% in the first quarter. GAMMA Investing LLC now owns 818 shares of the business services provider’s stock valued at $43,000 after acquiring an additional 516 shares during the period. TFO Wealth Partners LLC increased its holdings in shares of Stericycle by 22,325.0% during the fourth quarter. TFO Wealth Partners LLC now owns 897 shares of the business services provider’s stock valued at $44,000 after acquiring an additional 893 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new position in shares of Stericycle during the first quarter worth approximately $44,000. 98.82% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on SRCL shares. Truist Financial lifted their price target on shares of Stericycle from $50.00 to $62.00 and gave the company a “hold” rating in a research report on Tuesday, June 4th. StockNews.com initiated coverage on shares of Stericycle in a research report on Monday, September 9th. They set a “hold” rating for the company. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $62.00 price target (down previously from $69.00) on shares of Stericycle in a research report on Tuesday, June 4th. Finally, Keefe, Bruyette & Woods boosted their price objective on Stericycle from $135.00 to $142.00 and gave the stock an “outperform” rating in a report on Tuesday, June 4th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $74.00.

Stericycle Trading Up 0.0 %

NASDAQ:SRCL opened at $61.71 on Friday. Stericycle, Inc. has a 52 week low of $37.78 and a 52 week high of $61.77. The firm has a 50-day moving average price of $59.00 and a two-hundred day moving average price of $54.57. The firm has a market cap of $5.73 billion, a price-to-earnings ratio of -280.50, a price-to-earnings-growth ratio of 3.37 and a beta of 1.11. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.13 and a current ratio of 1.13.

Stericycle (NASDAQ:SRCL) last announced its earnings results on Thursday, July 25th. The business services provider reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.04. Stericycle had a return on equity of 7.94% and a net margin of 1.37%. The firm had revenue of $661.60 million during the quarter, compared to analyst estimates of $672.07 million. On average, equities analysts expect that Stericycle, Inc. will post 2.29 earnings per share for the current fiscal year.

About Stericycle

Stericycle, Inc, together with its subsidiaries, provides regulated waste and compliance services in the United States, Europe, and internationally. The company offers regulated waste and compliance services, including regulated medical waste, sharps waste management and disposal, pharmaceutical waste management and disposal, chemotherapy waste and disposal, controlled substance waste disposal, healthcare hazardous waste, and integrated waste stream solutions; specialty services, such as MedDrop medication collection kiosks, safe community solutions, SafeDrop sharps mailback solutions, and airport and maritime waste services; medical supply store services, that includes sharps and disposable biohazardous waste containers, infection control supplies, and seal&send medication mail back; and compliance solutions including Steri-Safe compliance solutions.