Stericycle, Inc. (NASDAQ:SRCL) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System trimmed its holdings in Stericycle, Inc. (NASDAQ:SRCL) by 1.8% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 96,175 shares of the business services provider’s stock after selling 1,800 shares during the period. New York State Teachers Retirement System owned 0.10% of Stericycle worth $5,867,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in SRCL. Clearstead Trust LLC acquired a new stake in Stericycle during the 1st quarter worth approximately $25,000. Headlands Technologies LLC purchased a new stake in shares of Stericycle during the first quarter worth approximately $44,000. International Assets Investment Management LLC acquired a new stake in shares of Stericycle during the second quarter worth $45,000. Quest Partners LLC grew its position in Stericycle by 4,172.7% in the 2nd quarter. Quest Partners LLC now owns 940 shares of the business services provider’s stock valued at $55,000 after buying an additional 918 shares during the last quarter. Finally, Summit Securities Group LLC acquired a new position in Stericycle in the 2nd quarter valued at $58,000. Institutional investors and hedge funds own 98.82% of the company’s stock.

Stericycle Stock Performance

NASDAQ:SRCL opened at $61.98 on Wednesday. Stericycle, Inc. has a 1 year low of $37.78 and a 1 year high of $61.99. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.13 and a current ratio of 1.13. The stock has a fifty day moving average price of $60.89 and a two-hundred day moving average price of $56.91. The stock has a market capitalization of $5.75 billion, a price-to-earnings ratio of 163.11, a PEG ratio of 3.38 and a beta of 1.10.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Stericycle in a research note on Monday. They issued a “hold” rating for the company. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price 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.