Wealth Enhancement Advisory Services LLC Sells 2,623 Shares of Stericycle, Inc. (NASDAQ:SRCL)

Wealth Enhancement Advisory Services LLC lessened its stake in Stericycle, Inc. (NASDAQ:SRCL) by 35.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,824 shares of the business services provider’s stock after selling 2,623 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Stericycle were worth $294,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Mirova grew its position in shares of Stericycle by 0.9% in the 1st quarter. Mirova now owns 47,345 shares of the business services provider’s stock valued at $2,497,000 after buying an additional 428 shares during the last quarter. Clearstead Trust LLC bought a new stake in shares of Stericycle in the 1st quarter valued at about $25,000. Arizona State Retirement System grew its position in shares of 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 buying an additional 487 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of 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 valued at $91,000 after buying an additional 672 shares during the last quarter. Finally, Creative Planning boosted its position in shares of Stericycle by 13.4% during the 2nd 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 in the last quarter. Institutional investors own 98.82% of the company’s stock.

Stericycle Trading Up 0.8 %

Shares of Stericycle stock opened at $61.98 on Monday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.13 and a current ratio of 1.20. Stericycle, Inc. has a 52 week low of $37.78 and a 52 week high of $61.99. The stock has a 50 day moving average price of $61.13 and a two-hundred day moving average price of $57.24. The stock has a market capitalization of $5.75 billion, a PE ratio of 163.11, a price-to-earnings-growth ratio of 3.38 and a beta of 1.10.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Stericycle in a research note on Monday, November 4th. 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 given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $74.00.

About Stericycle

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.