Stericycle Inc (SRCL) : Bath Savings Trust Co reduced its stake in Stericycle Inc by 0.29% during the most recent quarter end. The investment management company now holds a total of 52,815 shares of Stericycle Inc which is valued at $6,624,057 after selling 155 shares in Stericycle Inc , the firm said in a disclosure report filed with the SEC on Apr 13, 2016.Stericycle Inc makes up approximately 2.12% of Bath Savings Trust Co’s portfolio.
Stericycle Inc opened for trading at $125.62 and hit $125.96 on the upside on Monday, eventually ending the session at $125.85, with a gain of 0.34% or 0.43 points. The heightened volatility saw the trading volume jump to 17,01,020 shares. Company has a market cap of $10,653 M.
Other Hedge Funds, Including , Kanaly Trust Co reduced its stake in SRCL by selling 108 shares or 18.65% in the most recent quarter. The Hedge Fund company now holds 471 shares of SRCL which is valued at $59,073. Stericycle Inc makes up approx 0.01% of Kanaly Trust Co’s portfolio.Capstone Asset Management Co reduced its stake in SRCL by selling 330 shares or 4.2% in the most recent quarter. The Hedge Fund company now holds 7,526 shares of SRCL which is valued at $943,911. Stericycle Inc makes up approx 0.03% of Capstone Asset Management Co’s portfolio.Eqis Capital Management boosted its stake in SRCL in the latest quarter, The investment management firm added 282 additional shares and now holds a total of 6,156 shares of Stericycle Inc which is valued at $776,272. Stericycle Inc makes up approx 0.05% of Eqis Capital Management’s portfolio.Proficio Capital Partners reduced its stake in SRCL by selling 8 shares or 44.44% in the most recent quarter. The Hedge Fund company now holds 10 shares of SRCL which is valued at $1,261.Capital Investment Services Of America boosted its stake in SRCL in the latest quarter, The investment management firm added 50 additional shares and now holds a total of 99,128 shares of Stericycle Inc which is valued at $12,500,041. Stericycle Inc makes up approx 2.40% of Capital Investment Services Of America’s portfolio.
On the company’s financial health, Stericycle Inc reported $1.11 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Feb 4, 2016. Analyst had a consensus of $1.08. The company had revenue of $888.30 million for the quarter, compared to analysts expectations of $899.78 million. The company’s revenue was up 31.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.12 EPS.
Many Wall Street Analysts have commented on Stericycle Inc. Stericycle Inc was Initiated by Sterne Agee CRT to “Buy” on Mar 22, 2016. Shares were Reiterated by Imperial Capital on Feb 8, 2016 to “In-line” and Lowered the Price Target to $ 115 from a previous price target of $135 .Shares were Reiterated by RBC Capital Mkts on Feb 8, 2016 to “Sector Perform” and Lowered the Price Target to $ 119 from a previous price target of $120 .
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).