Harvest Management LLC Sells 1,000 Shares of Stericycle, Inc. (NASDAQ:SRCL)

Harvest Management LLC lessened its holdings in Stericycle, Inc. (NASDAQ:SRCL) by 5.0% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 19,200 shares of the business services provider’s stock after selling 1,000 shares during the quarter. Stericycle makes up 0.6% of Harvest Management LLC’s holdings, making the stock its 22nd largest holding. Harvest Management LLC’s holdings in Stericycle were worth $1,171,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of SRCL. OneDigital Investment Advisors LLC increased its stake in Stericycle by 1.3% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 13,723 shares of the business services provider’s stock valued at $837,000 after purchasing an additional 171 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Stericycle by 6.4% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 7,447 shares of the business services provider’s stock valued at $433,000 after purchasing an additional 449 shares during the period. Arizona State Retirement System raised its stake in Stericycle by 1.9% in the 2nd quarter. Arizona State Retirement System now owns 25,915 shares of the business services provider’s stock valued at $1,506,000 after purchasing an additional 487 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Stericycle by 74.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,569 shares of the business services provider’s stock worth $91,000 after purchasing an additional 672 shares in the last quarter. Finally, Creative Planning grew its holdings in shares of Stericycle by 13.4% in the second quarter. Creative Planning now owns 5,710 shares of the business services provider’s stock valued at $332,000 after purchasing an additional 673 shares during the period. 98.82% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Stericycle in a research report on Thursday, November 28th. They set 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 issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $74.00.

Stericycle Stock Up 0.8 %

Shares of Stericycle stock opened at $61.98 on Tuesday. 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 $61.42 and a 200-day moving average of $58.91. The company has a market capitalization 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 1-year low of $37.78 and a 1-year high of $61.99.

Stericycle Company 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.