MetLife Investment Management LLC Has $2.93 Million Position in Stericycle, Inc. (NASDAQ:SRCL)

MetLife Investment Management LLC cut its holdings in Stericycle, Inc. (NASDAQ:SRCL) by 1.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 47,969 shares of the business services provider’s stock after selling 878 shares during the quarter. MetLife Investment Management LLC owned about 0.05% of Stericycle worth $2,926,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of SRCL. International Assets Investment Management LLC acquired a new position in shares of Stericycle in the second quarter valued at approximately $45,000. Quest Partners LLC boosted its stake in Stericycle by 4,172.7% in the 2nd quarter. Quest Partners LLC now owns 940 shares of the business services provider’s stock worth $55,000 after purchasing an additional 918 shares during the period. Summit Securities Group LLC bought a new position in Stericycle during the 2nd quarter worth about $58,000. Innealta Capital LLC acquired a new stake in shares of Stericycle in the 2nd quarter valued at about $62,000. Finally, Quarry LP lifted its holdings in shares of Stericycle by 121.3% in the second quarter. Quarry LP now owns 1,476 shares of the business services provider’s stock valued at $86,000 after purchasing an additional 809 shares in the last quarter. 98.82% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com began coverage on Stericycle in a report on Thursday, November 28th. They set a “hold” rating for the company. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $74.00.

Stericycle Price Performance

Shares of NASDAQ SRCL opened at $61.98 on Wednesday. Stericycle, Inc. has a fifty-two week low of $37.78 and a fifty-two week high of $61.99. The stock has a market capitalization of $5.75 billion, a price-to-earnings ratio of 163.11, a PEG ratio of 3.38 and a beta of 1.10. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.20 and a quick ratio of 1.13. The business has a 50-day moving average of $61.43 and a 200-day moving average of $59.01.

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.