Quest Partners LLC Has $134,000 Stock Position in Stericycle, Inc. (NASDAQ:SRCL)

Quest Partners LLC raised its stake in shares of Stericycle, Inc. (NASDAQ:SRCL) by 133.9% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 2,199 shares of the business services provider’s stock after acquiring an additional 1,259 shares during the quarter. Quest Partners LLC’s holdings in Stericycle were worth $134,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Virtu Financial LLC acquired a new position in Stericycle in the 1st quarter valued at approximately $209,000. Boston Partners lifted its position in Stericycle by 57.7% in the first quarter. Boston Partners now owns 15,520 shares of the business services provider’s stock worth $819,000 after purchasing an additional 5,681 shares during the period. SG Americas Securities LLC acquired a new stake in Stericycle during the second quarter worth $787,000. Wealth Enhancement Advisory Services LLC increased its holdings in Stericycle by 6.4% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,447 shares of the business services provider’s stock valued at $433,000 after buying an additional 449 shares during the period. Finally, Blue Trust Inc. raised its stake in shares of Stericycle by 19.4% in the 2nd quarter. Blue Trust Inc. now owns 4,936 shares of the business services provider’s stock valued at $287,000 after buying an additional 801 shares in the last quarter. Institutional investors and hedge funds own 98.82% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com started 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 issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $74.00.

Stericycle Stock Performance

Shares of SRCL stock opened at $61.98 on Friday. 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. Stericycle, Inc. has a 12-month low of $37.78 and a 12-month 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 moving average price of $61.41 and a 200 day moving average price of $58.60.

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.