Ironwood Investment Counsel LLC Has $274,000 Holdings in Stericycle, Inc. (NASDAQ:SRCL)

Ironwood Investment Counsel LLC decreased its holdings in Stericycle, Inc. (NASDAQ:SRCL) by 36.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,500 shares of the business services provider’s stock after selling 2,600 shares during the quarter. Ironwood Investment Counsel LLC’s holdings in Stericycle were worth $274,000 at the end of the most recent reporting period.

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

Stericycle Stock Performance

Shares of SRCL stock opened at $61.98 on Friday. The firm has a 50 day moving average of $61.42 and a 200-day moving average of $58.73. The company has a market cap of $5.75 billion, a price-to-earnings ratio of 163.11, a price-to-earnings-growth ratio of 3.38 and a beta of 1.10. The company has a quick ratio of 1.13, a current ratio of 1.20 and a debt-to-equity ratio of 0.53. Stericycle, Inc. has a 52 week low of $37.78 and a 52 week high of $61.99.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Stericycle in a research note on Thursday. They set a “hold” rating for the company. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company currently 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.