Caldera Capital LLC Acquires Shares of 6,590 Stericycle, Inc. (SRCL)

Caldera Capital LLC acquired a new position in shares of Stericycle, Inc. (NASDAQ:SRCL) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,590 shares of the business services provider’s stock, valued at approximately $502,000. Stericycle accounts for approximately 0.5% of Caldera Capital LLC’s holdings, making the stock its 22nd biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Stericycle by 0.4% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,335 shares of the business services provider’s stock worth $483,000 after buying an additional 24 shares during the period. RiverPoint Capital Management LLC increased its position in shares of Stericycle by 0.6% during the second quarter. RiverPoint Capital Management LLC now owns 5,152 shares of the business services provider’s stock worth $393,000 after buying an additional 29 shares during the period. HighTower Advisors LLC increased its position in shares of Stericycle by 0.5% during the first quarter. HighTower Advisors LLC now owns 7,604 shares of the business services provider’s stock worth $627,000 after buying an additional 41 shares during the period. Morgan Dempsey Capital Management LLC increased its position in shares of Stericycle by 2.6% during the first quarter. Morgan Dempsey Capital Management LLC now owns 1,902 shares of the business services provider’s stock worth $158,000 after buying an additional 48 shares during the period. Finally, Pacer Advisors Inc. increased its position in shares of Stericycle by 3.3% during the first quarter. Pacer Advisors Inc. now owns 1,735 shares of the business services provider’s stock worth $144,000 after buying an additional 55 shares during the period. Institutional investors own 93.72% of the company’s stock.

Stericycle, Inc. (SRCL) traded up 0.35% on Friday, hitting $72.12. 797,780 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $73.01 and a 200-day moving average price of $79.09. The stock’s market cap is $6.15 billion. Stericycle, Inc. has a 52-week low of $68.62 and a 52-week high of $88.00.

Stericycle (NASDAQ:SRCL) last issued its quarterly earnings data on Thursday, August 3rd. The business services provider reported $1.15 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.13 by $0.02. The business had revenue of $917.70 million for the quarter, compared to the consensus estimate of $902.81 million. Stericycle had a negative net margin of 0.07% and a positive return on equity of 14.35%. The company’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.18 EPS. Analysts predict that Stericycle, Inc. will post $4.60 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Caldera Capital LLC Acquires Shares of 6,590 Stericycle, Inc. (SRCL)” was originally reported by Equities Focus and is the property of of Equities Focus. If you are viewing this news story on another site, it was illegally copied and republished in violation of international copyright law. The legal version of this news story can be viewed at https://www.equitiesfocus.com/2017/09/17/caldera-capital-llc-acquires-shares-of-6590-stericycle-inc-srcl.html.

SRCL has been the subject of a number of research reports. Zacks Investment Research cut shares of Stericycle from a “buy” rating to a “hold” rating in a report on Monday, August 7th. BidaskClub cut shares of Stericycle from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 1st. Jefferies Group LLC restated a “buy” rating and issued a $108.00 price target on shares of Stericycle in a report on Thursday, July 13th. Barclays PLC restated an “overweight” rating and issued a $100.00 price target on shares of Stericycle in a report on Wednesday, August 9th. Finally, BMO Capital Markets initiated coverage on shares of Stericycle in a report on Thursday, June 29th. They issued a “market perform” rating and a $81.00 price target for the company. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the stock. Stericycle has an average rating of “Hold” and an average target price of $81.25.

Stericycle Company Profile

Stericycle, Inc is a business-to-business services provider. The Company focuses on regulated and compliance solutions for healthcare, retail, and commercial businesses. The Company’s segments include Domestic and Canada Regulated Waste and Compliance Services (RCS), Domestic Communication and Related Services (CRS), International RCS and All other.

Institutional Ownership by Quarter for Stericycle (NASDAQ:SRCL)

Receive News & Ratings for Stericycle Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stericycle Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply