Stericycle, Inc. (NASDAQ:SRCL) Stock Position Raised by Bank of Montreal Can

Bank of Montreal Can boosted its position in shares of Stericycle, Inc. (NASDAQ:SRCL) by 284.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 184,216 shares of the business services provider’s stock after buying an additional 136,334 shares during the quarter. Bank of Montreal Can’s holdings in Stericycle were worth $11,228,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Versor Investments LP grew its holdings in shares of Stericycle by 156.0% during the third quarter. Versor Investments LP now owns 143,124 shares of the business services provider’s stock valued at $8,731,000 after buying an additional 87,214 shares in the last quarter. WINTON GROUP Ltd purchased a new position in Stericycle during the 2nd quarter valued at about $5,356,000. American Century Companies Inc. acquired a new position in shares of Stericycle in the 2nd quarter valued at about $34,760,000. Water Island Capital LLC purchased a new stake in shares of Stericycle in the second quarter worth approximately $17,550,000. Finally, XTX Topco Ltd boosted its holdings in shares of Stericycle by 222.0% during the second quarter. XTX Topco Ltd now owns 17,724 shares of the business services provider’s stock worth $1,030,000 after purchasing an additional 12,219 shares during the period. 98.82% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of Stericycle in a research note on Thursday. They issued a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Stericycle presently has an average rating of “Hold” and a consensus price target of $74.00.

Stericycle Trading Up 0.8 %

NASDAQ:SRCL 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. The company has a market capitalization of $5.75 billion, a P/E ratio of 163.11, a P/E/G ratio of 3.38 and a beta of 1.10. The stock’s 50 day moving average price is $61.42 and its 200 day moving average price is $58.82. Stericycle, Inc. has a 52 week low of $37.78 and a 52 week high of $61.99.

Stericycle 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.