Stericycle, Inc. (NASDAQ:SRCL) Position Increased by Raymond James Trust N.A.

Raymond James Trust N.A. raised its holdings in shares of Stericycle, Inc. (NASDAQ:SRCL) by 4.2% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,128 shares of the business services provider’s stock after buying an additional 696 shares during the period. Raymond James Trust N.A.’s holdings in Stericycle were worth $1,156,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. First Horizon Corp boosted its stake in Stericycle by 59.5% in the 4th quarter. First Horizon Corp now owns 413 shares of the business services provider’s stock worth $28,000 after purchasing an additional 154 shares during the period. Capital Asset Advisory Services LLC acquired a new position in Stericycle in the 4th quarter worth approximately $29,000. Royal London Asset Management Ltd. acquired a new position in Stericycle in the 4th quarter worth approximately $39,000. Graves Light Private Wealth Management Inc. acquired a new position in Stericycle in the 4th quarter worth approximately $58,000. Finally, Eudaimonia Partners LLC boosted its stake in Stericycle by 20.1% in the 4th quarter. Eudaimonia Partners LLC now owns 991 shares of the business services provider’s stock worth $69,000 after purchasing an additional 166 shares during the period.

Separately, TheStreet raised shares of Stericycle from a “c” rating to a “b-” rating in a research note on Wednesday, April 28th. 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. The company has an average rating of “Hold” and a consensus target price of $63.00.

Shares of NASDAQ:SRCL opened at $76.70 on Thursday. The firm has a fifty day moving average of $70.38 and a two-hundred day moving average of $69.20. The firm has a market capitalization of $7.04 billion, a P/E ratio of -21.48, a price-to-earnings-growth ratio of 4.68 and a beta of 1.34. Stericycle, Inc. has a 12-month low of $45.40 and a 12-month high of $79.50. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.80.

Stericycle (NASDAQ:SRCL) last issued its earnings results on Thursday, April 29th. The business services provider reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.12. The company had revenue of $668.00 million during the quarter, compared to analyst estimates of $654.17 million. Stericycle had a negative net margin of 11.53% and a positive return on equity of 9.42%. Equities research 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 and compliance solutions in the United States, Europe, and internationally. It operates through the segments North America and International. The company provides regulated waste and compliance services comprising medical waste disposal; pharmaceutical waste disposal; hazardous waste management; maritime waste services; and compliance programs under the Steri-Safe, Clinical Services, First Practice Management, SeguriMed, and EnviroAssure brand names.

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Institutional Ownership by Quarter for Stericycle (NASDAQ:SRCL)

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