Stericycle (SRCL) Holder First Trust Advisors LP Has Trimmed Stake as Market Value Declined; Kempen Capital Management Maintains Position in American Eqty Invt Life Hld Com (AEL)

February 17, 2018 - By Ellis Scott

First Trust Advisors Lp decreased its stake in Stericycle Inc (SRCL) by 72.36% based on its latest 2017Q3 regulatory filing with the SEC. First Trust Advisors Lp sold 47,165 shares as the company’s stock declined 1.87% while stock markets rallied. The institutional investor held 18,020 shares of the basic industries company at the end of 2017Q3, valued at $1.29 million, down from 65,185 at the end of the previous reported quarter. First Trust Advisors Lp who had been investing in Stericycle Inc for a number of months, seems to be less bullish one the $6.49 billion market cap company. The stock increased 0.53% or $0.4 during the last trading session, reaching $76.02. About 840,472 shares traded or 6.62% up from the average. Stericycle, Inc. (NASDAQ:SRCL) has declined 14.12% since February 17, 2017 and is downtrending. It has underperformed by 30.82% the S&P500.

Kempen Capital Management increased its stake in American Eqty Invt Life Hld Com (AEL) by 100.33% based on its latest 2017Q3 regulatory filing with the SEC. Kempen Capital Management bought 83,667 shares as the company’s stock declined 9.73% while stock markets rallied. The institutional investor held 167,060 shares of the life insurance company at the end of 2017Q3, valued at $4.86M, up from 83,393 at the end of the previous reported quarter. Kempen Capital Management who had been investing in American Eqty Invt Life Hld Com for a number of months, seems to be bullish on the $2.84 billion market cap company. The stock increased 1.08% or $0.34 during the last trading session, reaching $31.79. About 327,579 shares traded. American Equity Investment Life Holding Company (NYSE:AEL) has risen 64.86% since February 17, 2017 and is uptrending. It has outperformed by 48.16% the S&P500.

Kempen Capital Management, which manages about $1.29 billion US Long portfolio, decreased its stake in Pbf Energy Inc Cl A (NYSE:PBF) by 22,800 shares to 558,120 shares, valued at $15.41M in 2017Q3, according to the filing. It also reduced its holding in L Brands Inc Com (LTD) by 17,750 shares in the quarter, leaving it with 429,050 shares, and cut its stake in Retail Pptys Amer Inc Cl A (NYSE:RPAI).

Among 11 analysts covering American Equity Investment Life (NYSE:AEL), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. American Equity Investment Life had 38 analyst reports since August 10, 2015 according to SRatingsIntel. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. The stock has “Buy” rating by RBC Capital Markets on Tuesday, May 23. The firm has “Hold” rating by Keefe Bruyette & Woods given on Tuesday, June 13. The stock of American Equity Investment Life Holding Company (NYSE:AEL) earned “Outperform” rating by FBR Capital on Monday, August 10. The stock of American Equity Investment Life Holding Company (NYSE:AEL) has “In-Line” rating given on Tuesday, July 25 by Evercore. The firm earned “Outperform” rating on Friday, January 29 by RBC Capital Markets. The company was initiated on Thursday, January 26 by Citigroup. The firm has “Overweight” rating given on Monday, June 6 by JP Morgan. The rating was downgraded by FBR Capital on Wednesday, June 7 to “Mkt Perform”. The firm has “Hold” rating given on Wednesday, February 7 by FBR Capital.

Investors sentiment decreased to 1.26 in Q3 2017. Its down 0.01, from 1.27 in 2017Q2. It worsened, as 21 investors sold AEL shares while 65 reduced holdings. 36 funds opened positions while 72 raised stakes. 81.49 million shares or 0.46% more from 81.11 million shares in 2017Q2 were reported. Pzena Invest Ltd accumulated 1.85M shares or 0.28% of the stock. The New York-based Morgan Stanley has invested 0% in American Equity Investment Life Holding Company (NYSE:AEL). Amp Capital Investors stated it has 0% of its portfolio in American Equity Investment Life Holding Company (NYSE:AEL). 235,493 are owned by Savings Bank Of Montreal Can. Proshare Advsr Limited Company holds 0.07% or 266,591 shares. 379 are owned by Parkside National Bank & Trust And Trust. Janney Montgomery Scott Limited Co stated it has 8,579 shares. Mason Street Advisors Ltd has 22,520 shares. Citigroup has invested 0% in American Equity Investment Life Holding Company (NYSE:AEL). Fdx Advsr accumulated 26,527 shares. 9.03M are owned by Vanguard Inc. Wellington Management Grp Inc Limited Liability Partnership holds 0% in American Equity Investment Life Holding Company (NYSE:AEL) or 134,546 shares. Intl Grp holds 0.01% in American Equity Investment Life Holding Company (NYSE:AEL) or 113,624 shares. Renaissance Technology Llc invested in 32,200 shares. California State Teachers Retirement Sys reported 0.01% stake.

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.05, from 0.94 in 2017Q2. It worsened, as 42 investors sold SRCL shares while 185 reduced holdings. 54 funds opened positions while 148 raised stakes. 78.02 million shares or 2.16% more from 76.38 million shares in 2017Q2 were reported. Cambiar Limited Liability Company holds 49,147 shares. Nordea Investment Management Ab holds 62,853 shares or 0.01% of its portfolio. Sandy Spring National Bank & Trust holds 12,340 shares or 0.08% of its portfolio. Mcf Ltd Limited Liability Company has invested 0% in Stericycle, Inc. (NASDAQ:SRCL). Schroder Inv Mgmt Group holds 0.25% or 1.97 million shares in its portfolio. Axa accumulated 124,875 shares. Credit Agricole S A has 132,060 shares for 0.03% of their portfolio. Washington Tru Financial Bank holds 0.01% or 700 shares in its portfolio. Eaton Vance Mngmt reported 0% of its portfolio in Stericycle, Inc. (NASDAQ:SRCL). Envestnet Asset Management Inc reported 4,632 shares or 0% of all its holdings. Rockefeller Svcs Inc reported 0.19% in Stericycle, Inc. (NASDAQ:SRCL). Tiverton Asset Mgmt reported 207,835 shares stake. First Merchants Corp holds 0.26% of its portfolio in Stericycle, Inc. (NASDAQ:SRCL) for 20,697 shares. Fuller And Thaler Asset Management Inc holds 0% of its portfolio in Stericycle, Inc. (NASDAQ:SRCL) for 500 shares. St Germain D J Inc owns 133,598 shares.

Analysts await Stericycle, Inc. (NASDAQ:SRCL) to report earnings on February, 21. They expect $1.14 earnings per share, up 14.00% or $0.14 from last year’s $1 per share. SRCL’s profit will be $97.32M for 16.67 P/E if the $1.14 EPS becomes a reality. After $1.10 actual earnings per share reported by Stericycle, Inc. for the previous quarter, Wall Street now forecasts 3.64% EPS growth.

Since October 30, 2017, it had 0 insider purchases, and 1 insider sale for $1.39 million activity.

First Trust Advisors Lp, which manages about $85.44B and $38.87B US Long portfolio, upped its stake in American Eqty Invt Life Hld (NYSE:AEL) by 28,643 shares to 46,220 shares, valued at $1.34M in 2017Q3, according to the filing. It also increased its holding in Five Below Inc (NASDAQ:FIVE) by 14,661 shares in the quarter, for a total of 39,346 shares, and has risen its stake in Teradyne Inc (NYSE:TER).

Among 15 analysts covering Stericycle (NASDAQ:SRCL), 5 have Buy rating, 2 Sell and 8 Hold. Therefore 33% are positive. Stericycle had 54 analyst reports since August 14, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, September 20 by Northcoast. Jefferies maintained it with “Buy” rating and $10800 target in Friday, August 11 report. The firm has “Buy” rating by Zacks given on Friday, August 14. RBC Capital Markets maintained Stericycle, Inc. (NASDAQ:SRCL) rating on Friday, October 23. RBC Capital Markets has “Sector Perform” rating and $122 target. The rating was upgraded by Goldman Sachs on Tuesday, March 7 to “Neutral”. The rating was downgraded by Raymond James on Friday, April 29 to “Market Perform”. The stock has “Buy” rating by Jefferies on Friday, July 7. The stock has “Neutral” rating by Wedbush on Thursday, September 22. The rating was maintained by Stifel Nicolaus with “Buy” on Sunday, August 13. The stock of Stericycle, Inc. (NASDAQ:SRCL) earned “Underperform” rating by Robert W. Baird on Friday, May 5.

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