Stericycle, Inc. (NASDAQ:SRCL) Shares Sold by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC decreased its position in shares of Stericycle, Inc. (NASDAQ:SRCL - Free Report) by 96.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 4,642 shares of the business services provider's stock after selling 114,869 shares during the period. Thompson Siegel & Walmsley LLC's holdings in Stericycle were worth $270,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of SRCL. Retirement Systems of Alabama boosted its holdings in shares of Stericycle by 0.3% during the first quarter. Retirement Systems of Alabama now owns 116,185 shares of the business services provider's stock worth $6,129,000 after purchasing an additional 305 shares during the last quarter. Treasurer of the State of North Carolina boosted its stake in Stericycle by 1.0% in the 4th quarter. Treasurer of the State of North Carolina now owns 40,838 shares of the business services provider's stock worth $2,024,000 after buying an additional 400 shares during the last quarter. Mirova boosted its stake in Stericycle by 0.9% in the 1st quarter. Mirova now owns 47,345 shares of the business services provider's stock worth $2,497,000 after buying an additional 428 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Stericycle by 6.4% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,447 shares of the business services provider's stock valued at $433,000 after buying an additional 449 shares during the period. Finally, Private Advisor Group LLC increased its stake in shares of Stericycle by 8.6% during the 4th quarter. Private Advisor Group LLC now owns 5,788 shares of the business services provider's stock valued at $287,000 after acquiring an additional 459 shares during the last quarter. Institutional investors and hedge funds own 98.82% of the company's stock.

Stericycle Price Performance

NASDAQ SRCL remained flat at $61.68 during trading hours on Tuesday. The company had a trading volume of 841,276 shares, compared to its average volume of 1,100,855. The business's fifty day moving average is $59.06 and its 200 day moving average is $54.62. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.13 and a quick ratio of 1.13. Stericycle, Inc. has a 52-week low of $37.78 and a 52-week high of $61.77. The stock has a market cap of $5.73 billion, a P/E ratio of -280.36, a price-to-earnings-growth ratio of 3.37 and a beta of 1.11.

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

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Royal Bank of Canada restated a "sector perform" rating and issued a $62.00 target price (down from $69.00) on shares of Stericycle in a report on Tuesday, June 4th. Keefe, Bruyette & Woods upped 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. Truist Financial increased their target price on Stericycle from $50.00 to $62.00 and gave the stock a "hold" rating in a research report on Tuesday, June 4th. Finally, StockNews.com began coverage on Stericycle in a research report on Tuesday. They set a "hold" rating for the company. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Stericycle currently has a consensus rating of "Hold" and a consensus target price of $74.00.

Stericycle Profile

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.