Amica Pension Fund Board of Trustees Has $1,153,000 Position in Stericycle Inc (SRCL)

Amica Pension Fund Board of Trustees Has $1,153,000 Position in Stericycle Inc (SRCL)

Amica Pension Fund Board of Trustees continued to hold its stake in Stericycle Inc (NASDAQ:SRCL) during the first quarter, Holdings Channel reports. The institutional investor owned 13,914 shares of the business services provider’s stock at the end of the first quarter. Amica Pension Fund Board of Trustees’ holdings in Stericycle were worth $1,153,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD raised its stake in Stericycle by 3,072.6% in the third quarter. Price T Rowe Associates Inc. MD now owns 6,294,533 shares of the business services provider’s stock valued at $504,444,000 after buying an additional 6,096,128 shares during the last quarter. FMR LLC raised its stake in Stericycle by 84.8% in the fourth quarter. FMR LLC now owns 2,704,145 shares of the business services provider’s stock worth $208,327,000 after buying an additional 1,240,853 shares during the last quarter. Generation Investment Management LLP raised its stake in Stericycle by 2.6% in the third quarter. Generation Investment Management LLP now owns 2,339,204 shares of the business services provider’s stock worth $187,464,000 after buying an additional 59,790 shares during the last quarter. Wells Fargo & Company MN raised its stake in Stericycle by 25.5% in the first quarter. Wells Fargo & Company MN now owns 1,956,193 shares of the business services provider’s stock worth $162,149,000 after buying an additional 398,076 shares during the last quarter. Finally, Jennison Associates LLC raised its stake in Stericycle by 32.7% in the first quarter. Jennison Associates LLC now owns 1,417,498 shares of the business services provider’s stock worth $117,496,000 after buying an additional 349,371 shares during the last quarter. 94.49% of the stock is owned by institutional investors.

Stericycle Inc (NASDAQ:SRCL) traded up 1.48% on Friday, reaching $87.00. 1,008,590 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $83.51 and a 200 day moving average of $79.13. Stericycle Inc has a 12 month low of $71.52 and a 12 month high of $107.74. The stock has a market capitalization of $7.42 billion, a PE ratio of 41.83 and a beta of 0.08.

Stericycle (NASDAQ:SRCL) last announced its earnings results on Thursday, May 4th. The business services provider reported $1.09 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.05 by $0.04. Stericycle had a net margin of 7.52% and a return on equity of 15.33%. The business had revenue of $892.40 million for the quarter, compared to analyst estimates of $874.34 million. During the same quarter in the previous year, the firm posted $1.11 earnings per share. Stericycle’s revenue was up 2.1% compared to the same quarter last year. Equities analysts predict that Stericycle Inc will post $4.62 earnings per share for the current fiscal year.

SRCL has been the subject of a number of recent analyst reports. Jefferies Group LLC set a $108.00 price target on shares of Stericycle and gave the company a “buy” rating in a report on Thursday, March 16th. Macquarie set a $100.00 price target on shares of Stericycle and gave the company a “buy” rating in a report on Monday, February 6th. Stifel Nicolaus set a $90.00 price target on shares of Stericycle and gave the company a “buy” rating in a report on Monday, February 6th. Zacks Investment Research raised shares of Stericycle from a “hold” rating to a “buy” rating and set a $97.00 price target for the company in a report on Tuesday, April 25th. Finally, Raymond James Financial, Inc. reaffirmed a “market perform” rating on shares of Stericycle in a report on Monday, February 20th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $88.73.

In related news, Director Mike S. Zafirovski bought 2,920 shares of the company’s stock in a transaction that occurred on Thursday, February 23rd. The shares were acquired at an average price of $85.67 per share, with a total value of $250,156.40. Following the completion of the transaction, the director now owns 2,920 shares of the company’s stock, valued at approximately $250,156.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.30% of the company’s stock.

About Stericycle

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.

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