Stericycle, Inc. (NASDAQ:SRCL) Shares Sold by Pathstone Holdings LLC

Pathstone Holdings LLC lessened its holdings in shares of Stericycle, Inc. (NASDAQ:SRCL) by 12.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 35,306 shares of the business services provider’s stock after selling 4,947 shares during the quarter. Pathstone Holdings LLC’s holdings in Stericycle were worth $2,154,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SRCL. Pentwater Capital Management LP acquired a new stake in Stericycle during the 2nd quarter worth $83,010,000. Magnetar Financial LLC acquired a new stake in Stericycle during the 2nd quarter worth $81,596,000. Millennium Management LLC boosted its stake in Stericycle by 1,057.6% during the 2nd quarter. Millennium Management LLC now owns 1,315,274 shares of the business services provider’s stock worth $76,457,000 after purchasing an additional 1,201,653 shares during the last quarter. Alpine Associates Management Inc. acquired a new stake in Stericycle during the 2nd quarter worth $62,298,000. Finally, Nuance Investments LLC acquired a new stake in Stericycle during the 2nd quarter worth $37,263,000. Institutional investors and hedge funds own 98.82% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Stericycle in a research note on Wednesday, November 20th. They set a “hold” rating on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $74.00.

Stericycle Price Performance

NASDAQ SRCL opened at $61.98 on Wednesday. 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 business’s fifty day simple moving average is $61.40 and its 200-day simple moving average is $58.47. The firm has a market cap of $5.75 billion, a PE ratio of 163.11, a P/E/G ratio of 3.38 and a beta of 1.10.

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.