Marshall & Sullivan Inc. WA Sells 3,345 Shares of Stericycle Inc (SRCL)

Marshall & Sullivan Inc. WA lowered its stake in Stericycle Inc (NASDAQ:SRCL) by 22.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,409 shares of the business services provider’s stock after selling 3,345 shares during the period. Marshall & Sullivan Inc. WA’s holdings in Stericycle were worth $776,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. BlackRock Inc. grew its position in Stericycle by 1.6% in the fourth quarter. BlackRock Inc. now owns 5,440,000 shares of the business services provider’s stock worth $369,863,000 after acquiring an additional 84,740 shares in the last quarter. Wells Fargo & Company MN grew its position in Stericycle by 48.6% in the fourth quarter. Wells Fargo & Company MN now owns 2,821,600 shares of the business services provider’s stock worth $191,840,000 after acquiring an additional 922,641 shares in the last quarter. Clarkston Capital Partners LLC grew its position in Stericycle by 97.5% in 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 acquiring an additional 988,350 shares in the last quarter. Schroder Investment Management Group grew its position in Stericycle by 89.3% in the third quarter. Schroder Investment Management Group now owns 1,973,743 shares of the business services provider’s stock worth $141,556,000 after acquiring an additional 931,300 shares in the last quarter. Finally, Jennison Associates LLC grew its position in Stericycle by 0.4% in the third quarter. Jennison Associates LLC now owns 1,494,643 shares of the business services provider’s stock worth $107,046,000 after acquiring an additional 5,522 shares in the last quarter. Institutional investors own 92.57% of the company’s stock.

Shares of Stericycle Inc (NASDAQ SRCL) opened at $76.02 on Monday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.82 and a current ratio of 0.82. Stericycle Inc has a 12 month low of $61.25 and a 12 month high of $88.00. The firm has a market cap of $6,490.05, a P/E ratio of 17.52, a PEG ratio of 1.79 and a beta of 0.26.

In other news, Director Mark C. Miller sold 19,753 shares of Stericycle stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $67.43, for a total transaction of $1,331,944.79. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 3.50% of the company’s stock.

Several brokerages have issued reports on SRCL. BidaskClub upgraded Stericycle from a “sell” rating to a “hold” rating in a research report on Wednesday, January 31st. Royal Bank of Canada boosted their target price on Stericycle to $75.00 and gave the company an “underperform” rating in a research report on Friday, January 19th. Robert W. Baird upgraded Stericycle from an “underperform” rating to a “neutral” rating and set a $73.00 target price for the company in a research report on Tuesday, February 13th. BMO Capital Markets restated a “hold” rating and set a $72.00 target price on shares of Stericycle in a research report on Wednesday, January 24th. Finally, Zacks Investment Research upgraded Stericycle from a “sell” rating to a “hold” rating in a research report on Wednesday, January 10th. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $73.70.

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Stericycle Company 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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