Versor Investments LP grew its position in Stericycle, Inc. (NASDAQ:SRCL - Free Report) by 156.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 143,124 shares of the business services provider's stock after acquiring an additional 87,214 shares during the period. Stericycle accounts for approximately 1.4% of Versor Investments LP's investment portfolio, making the stock its 3rd biggest position. Versor Investments LP owned 0.15% of Stericycle worth $8,731,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Clearstead Trust LLC acquired a new position in Stericycle in the 1st quarter valued at approximately $25,000. Headlands Technologies LLC bought a new position in Stericycle during the 1st quarter worth $44,000. International Assets Investment Management LLC acquired a new position in Stericycle during the 2nd quarter worth about $45,000. Quest Partners LLC grew its position in shares of Stericycle by 4,172.7% in the 2nd quarter. Quest Partners LLC now owns 940 shares of the business services provider's stock valued at $55,000 after buying an additional 918 shares during the last quarter. Finally, Summit Securities Group LLC bought a new position in shares of Stericycle during the second quarter worth about $58,000. Institutional investors and hedge funds own 98.82% of the company's stock.
Wall Street Analyst Weigh In
Separately, StockNews.com started coverage on Stericycle in a report on Monday, November 4th. They issued a "hold" rating on the stock. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $74.00.
Check Out Our Latest Stock Report on Stericycle
Stericycle Stock Performance
Shares of Stericycle stock remained flat at $61.98 on Monday. The firm has a market cap of $5.75 billion, a PE ratio of 163.11, a P/E/G ratio of 3.38 and a beta of 1.10. Stericycle, Inc. has a 12 month low of $37.78 and a 12 month high of $61.99. 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 company's fifty day moving average is $61.13 and its two-hundred day moving average is $57.24.
Stericycle Company Profile
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Free Report)
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.
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