Sotera Health (NASDAQ:SHC) Coverage Initiated at KeyCorp

Equities researchers at KeyCorp began coverage on shares of Sotera Health (NASDAQ:SHCGet Free Report) in a note issued to investors on Tuesday, Benzinga reports. The brokerage set a “sector weight” rating on the stock.

Other equities analysts have also issued reports about the stock. Barclays lifted their price target on shares of Sotera Health from $15.00 to $17.00 and gave the stock an “overweight” rating in a report on Thursday, January 25th. Royal Bank of Canada cut their price target on shares of Sotera Health from $22.00 to $20.00 and set an “outperform” rating on the stock in a report on Thursday, November 2nd.

View Our Latest Report on SHC

Sotera Health Stock Performance

Shares of SHC stock opened at $15.23 on Tuesday. The firm has a market cap of $4.30 billion, a price-to-earnings ratio of -13.85 and a beta of 2.20. The company’s 50 day moving average is $15.43 and its 200 day moving average is $15.19. The company has a quick ratio of 2.40, a current ratio of 2.59 and a debt-to-equity ratio of 6.06. Sotera Health has a 52-week low of $12.34 and a 52-week high of $19.40.

Institutional Investors Weigh In On Sotera Health

Several institutional investors and hedge funds have recently made changes to their positions in SHC. BlackRock Inc. boosted its holdings in Sotera Health by 7.6% in the first quarter. BlackRock Inc. now owns 6,252,520 shares of the company’s stock valued at $135,429,000 after purchasing an additional 439,762 shares during the last quarter. ArrowMark Colorado Holdings LLC boosted its holdings in Sotera Health by 6.2% in the second quarter. ArrowMark Colorado Holdings LLC now owns 5,085,551 shares of the company’s stock valued at $95,812,000 after purchasing an additional 297,775 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Sotera Health by 402.0% in the fourth quarter. AQR Capital Management LLC now owns 3,477,868 shares of the company’s stock valued at $28,275,000 after purchasing an additional 2,785,022 shares during the last quarter. Hawk Ridge Capital Management LP boosted its holdings in Sotera Health by 26.9% in the third quarter. Hawk Ridge Capital Management LP now owns 2,830,614 shares of the company’s stock valued at $42,403,000 after purchasing an additional 600,600 shares during the last quarter. Finally, State Street Corp boosted its holdings in Sotera Health by 4.5% in the first quarter. State Street Corp now owns 2,767,404 shares of the company’s stock valued at $49,563,000 after purchasing an additional 120,366 shares during the last quarter. 88.89% of the stock is currently owned by institutional investors and hedge funds.

Sotera Health Company Profile

(Get Free Report)

Sotera Health Company provides sterilization, and lab testing and advisory services in the United States, Canada, Europe, and internationally. The company's sterilization services include gamma and electron beam irradiation, and EO processing. It also provides microbiological and analytical chemistry testing, and advisory services.

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