Webster Bank N. A. decreased its holdings in shares of Stericycle Inc (NASDAQ:SRCL) by 23.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,328 shares of the business services provider’s stock after selling 5,741 shares during the quarter. Webster Bank N. A.’s holdings in Stericycle were worth $1,247,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Clarkston Capital Partners LLC lifted its holdings in shares of Stericycle by 97.5% during the fourth quarter. Clarkston Capital Partners LLC now owns 2,002,235 shares of the business services provider’s stock worth $136,132,000 after buying an additional 988,350 shares in the last quarter. Smith Graham & Co. Investment Advisors LP lifted its holdings in shares of Stericycle by 33.1% during the fourth quarter. Smith Graham & Co. Investment Advisors LP now owns 92,890 shares of the business services provider’s stock worth $6,316,000 after buying an additional 23,110 shares in the last quarter. Addison Capital Co acquired a new stake in shares of Stericycle during the fourth quarter worth $826,000. State of Alaska Department of Revenue lifted its holdings in shares of Stericycle by 71.6% during the fourth quarter. State of Alaska Department of Revenue now owns 14,690 shares of the business services provider’s stock worth $998,000 after buying an additional 6,130 shares in the last quarter. Finally, Mondrian Investment Partners LTD acquired a new stake in shares of Stericycle during the fourth quarter worth $48,672,000. 94.32% of the stock is owned by institutional investors and hedge funds.

In related news, Director Mark C. Miller sold 19,753 shares of the firm’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of $70.52, for a total value of $1,392,981.56. Following the transaction, the director now owns 205,576 shares in the company, valued at $14,497,219.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 79,012 shares of company stock worth $5,240,668 in the last 90 days. 3.50% of the stock is owned by company insiders.

Shares of Stericycle Inc (NASDAQ:SRCL) traded down $1.01 during midday trading on Tuesday, hitting $70.99. The company had a trading volume of 927,900 shares, compared to its average volume of 695,157. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.93. Stericycle Inc has a 52 week low of $61.25 and a 52 week high of $88.00. The company has a market capitalization of $6,146.85, a PE ratio of -124.54, a P/E/G ratio of 1.75 and a beta of 0.16.

Stericycle (NASDAQ:SRCL) last issued its quarterly earnings results on Wednesday, November 8th. The business services provider reported $1.10 EPS for the quarter, missing the Zacks’ consensus estimate of $1.14 by ($0.04). Stericycle had a positive return on equity of 13.93% and a negative net margin of 0.79%. The company had revenue of $883.00 million during the quarter, compared to the consensus estimate of $896.81 million. During the same quarter in the previous year, the business posted $1.24 EPS. The firm’s revenue for the quarter was down .8% on a year-over-year basis. research analysts anticipate that Stericycle Inc will post 4.49 earnings per share for the current year.

A number of research firms have recently weighed in on SRCL. BidaskClub downgraded Stericycle from a “hold” rating to a “sell” rating in a report on Thursday, January 11th. Royal Bank of Canada lifted their target price on Stericycle to $75.00 and gave the stock an “underperform” rating in a report on Friday. Zacks Investment Research raised Stericycle from a “sell” rating to a “hold” rating in a report on Wednesday, January 10th. Barrington Research dropped their target price on Stericycle from $87.00 to $75.00 and set an “outperform” rating for the company in a report on Friday, November 10th. Finally, Oppenheimer reissued a “hold” rating on shares of Stericycle in a report on Wednesday, December 13th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company’s stock. Stericycle has a consensus rating of “Hold” and a consensus target price of $75.18.

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Stericycle Profile

Stericycle, Inc is a business-to-business services provider. The Company focuses on regulated and compliance solutions for healthcare, retail, and commercial businesses. The Company’s segments include Domestic and Canada Regulated Waste and Compliance Services (RCS), Domestic Communication and Related Services (CRS), International RCS and All other.

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Institutional Ownership by Quarter for Stericycle (NASDAQ:SRCL)

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