River & Mercantile Asset Management LLP lowered its stake in shares of Stericycle, Inc. (NASDAQ:SRCL – Get Rating) by 5.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 80,840 shares of the business services provider's stock after selling 4,750 shares during the period. River & Mercantile Asset Management LLP's holdings in Stericycle were worth $4,767,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently added to or reduced their stakes in the company. Ancora Advisors LLC purchased a new stake in Stericycle during the first quarter worth about $34,000. Quent Capital LLC purchased a new stake in shares of Stericycle in the fourth quarter valued at about $33,000. Covestor Ltd purchased a new stake in shares of Stericycle in the fourth quarter valued at about $43,000. First Bank & Trust lifted its holdings in shares of Stericycle by 13.4% in the first quarter. First Bank & Trust now owns 1,756 shares of the business services provider's stock valued at $103,000 after purchasing an additional 208 shares in the last quarter. Finally, North Star Investment Management Corp. lifted its holdings in shares of Stericycle by 38.5% in the first quarter. North Star Investment Management Corp. now owns 1,800 shares of the business services provider's stock valued at $106,000 after purchasing an additional 500 shares in the last quarter. Hedge funds and other institutional investors own 98.05% of the company's stock.
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Shares of NASDAQ SRCL traded down $0.72 on Tuesday, hitting $51.37. The company's stock had a trading volume of 923 shares, compared to its average volume of 314,261. Stericycle, Inc. has a 12-month low of $40.35 and a 12-month high of $72.11. The company has a market capitalization of $4.74 billion, a price-to-earnings ratio of -53.94, a price-to-earnings-growth ratio of 3.17 and a beta of 1.25. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.96 and a quick ratio of 0.96. The stock has a 50 day moving average of $48.69 and a 200-day moving average of $50.49.
Stericycle (NASDAQ:SRCL – Get Rating) last posted its quarterly earnings data on Friday, August 5th. The business services provider reported $0.48 earnings per share for the quarter, beating analysts' consensus estimates of $0.44 by $0.04. The business had revenue of $679.80 million during the quarter, compared to analyst estimates of $678.27 million. Stericycle had a negative net margin of 3.28% and a positive return on equity of 6.22%. The company's revenue was up 1.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.67 earnings per share. As a group, research analysts predict that Stericycle, Inc. will post 2.02 EPS for the current year.Stericycle Profile
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Stericycle, Inc, together with its subsidiaries, provides regulated and compliance solutions in the United States, Europe, and internationally. The company offers regulated waste and compliance services, including sharps disposable and management solutions; pharmaceutical waste services; hazardous waste disposal; maritime waste services, such as seaport and airport waste; and compliance programs under the Steri-Safe, Clinical Services, First Practice Management, SeguriMed, and EnviroAssure brand names.
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