Stericycle, Inc. (NASDAQ:SRCL) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC cut its position in Stericycle, Inc. (NASDAQ:SRCL) by 5.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 50,174 shares of the business services provider’s stock after selling 2,950 shares during the period. Mutual of America Capital Management LLC owned approximately 0.05% of Stericycle worth $3,061,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new position in Stericycle in the 2nd quarter worth approximately $45,000. Quest Partners LLC increased its stake in shares of Stericycle by 4,172.7% in the second quarter. Quest Partners LLC now owns 940 shares of the business services provider’s stock worth $55,000 after acquiring an additional 918 shares during the period. Summit Securities Group LLC purchased a new position in shares of Stericycle during the second quarter worth $58,000. Innealta Capital LLC acquired a new position in Stericycle during the second quarter valued at $62,000. Finally, Quarry LP boosted its holdings in Stericycle by 121.3% in the second quarter. Quarry LP now owns 1,476 shares of the business services provider’s stock valued at $86,000 after purchasing an additional 809 shares during the last quarter. 98.82% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Stericycle in a research report on Wednesday. They set a “hold” rating for the company. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $74.00.

Stericycle Price Performance

SRCL stock opened at $61.98 on Friday. Stericycle, Inc. has a 52 week low of $37.78 and a 52 week high of $61.99. The company has a quick ratio of 1.13, a current ratio of 1.20 and a debt-to-equity ratio of 0.53. The firm has a 50-day simple moving average of $61.39 and a 200-day simple moving average of $58.21. The stock 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.

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.