Stericycle Inc (SRCL) : Peddock Capital Advisors scooped up 238 additional shares in Stericycle Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 9,039 shares of Stericycle Inc which is valued at $682,173.Stericycle Inc makes up approximately 0.45% of Peddock Capital Advisors’s portfolio.
Other Hedge Funds, Including , Windward Capital Management Co Ca reduced its stake in SRCL by selling 142 shares or 5.18% in the most recent quarter. The Hedge Fund company now holds 2,598 shares of SRCL which is valued at $196,071. Stericycle Inc makes up approx 0.04% of Windward Capital Management Co Ca’s portfolio.Cutler Group Lp reduced its stake in SRCL by selling 1,245 shares or 5.48% in the most recent quarter. The Hedge Fund company now holds 21,463 shares of SRCL which is valued at $1,649,646. Stericycle Inc makes up approx 0.10% of Cutler Group Lp’s portfolio.Burns J W Co Incny reduced its stake in SRCL by selling 980 shares or 8.77% in the most recent quarter. The Hedge Fund company now holds 10,200 shares of SRCL which is valued at $781,116. Stericycle Inc makes up approx 0.24% of Burns J W Co Incny’s portfolio.Washington Trust Bank reduced its stake in SRCL by selling 39,490 shares or 95.6% in the most recent quarter. The Hedge Fund company now holds 1,816 shares of SRCL which is valued at $139,069. Stericycle Inc makes up approx 0.03% of Washington Trust Bank’s portfolio.Bath Savings Trust Co reduced its stake in SRCL by selling 34,000 shares or 68.25% in the most recent quarter. The Hedge Fund company now holds 15,815 shares of SRCL which is valued at $1,211,113. Stericycle Inc makes up approx 0.38% of Bath Savings Trust Co’s portfolio.
Stericycle Inc opened for trading at $74.83 and hit $75.88 on the upside on Friday, eventually ending the session at $75.47, with a gain of 1.47% or 1.09 points. The heightened volatility saw the trading volume jump to 9,77,444 shares. Company has a market cap of $6,418 M.
On the company’s financial health, Stericycle Inc reported $1.18 EPS for the quarter, based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus estimate of $1.18. The company had revenue of $891.60 million for the quarter, compared to analysts expectations of $911.39 million. The company’s revenue was up 24.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.14 EPS.
Many Wall Street Analysts have commented on Stericycle Inc. Shares were Reiterated by Barrington Research on Oct 5, 2016 to “Outperform” and Lowered the Price Target to $ 88 from a previous price target of $100 .Shares were Reiterated by Wedbush on Sep 22, 2016 to “Neutral” and Lowered the Price Target to $ 85 from a previous price target of $95 .Stericycle Inc was Downgraded by Northcoast to ” Neutral” on Sep 20, 2016.
Stericycle Inc. is engaged in the business of providing regulated and compliance solutions to healthcare and commercial businesses. The Companys solutions include the collection and processing of specialized waste for disposal and a variety of training consulting recall/return communication and compliance services which include training consulting inbound/outbound communications data reporting and other regulatory compliance services. The Company operates regulated waste management networks in the United States Argentina Brazil Canada Chile Ireland Japan Mexico Portugal Romania South Korea Spain and the United Kingdom. The Company operates through two segments: United States and International. The Companys networks include a total of 181 processing facilities 214 transfer sites and 97 other service facilities. Its regulated waste processing technology is primarily autoclaving. The Company also uses incineration and electro-thermal-deactivation system (ETD).