1,349 Shares in Clean Harbors, Inc. (NYSE:CLH) Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC bought a new position in Clean Harbors, Inc. (NYSE:CLH) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,349 shares of the business services provider’s stock, valued at approximately $305,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Clearbridge Investments LLC increased its position in Clean Harbors by 30.6% during the second quarter. Clearbridge Investments LLC now owns 1,058,415 shares of the business services provider’s stock worth $239,361,000 after acquiring an additional 248,240 shares during the period. Lazard Freres Gestion S.A.S. bought a new position in shares of Clean Harbors during the 2nd quarter worth about $42,968,000. DAVENPORT & Co LLC raised its position in shares of Clean Harbors by 93.1% during the first quarter. DAVENPORT & Co LLC now owns 264,416 shares of the business services provider’s stock valued at $53,124,000 after buying an additional 127,498 shares during the last quarter. Marshall Wace LLP raised its position in shares of Clean Harbors by 20.3% during the second quarter. Marshall Wace LLP now owns 537,274 shares of the business services provider’s stock valued at $121,505,000 after buying an additional 90,756 shares during the last quarter. Finally, Spirepoint Private Client LLC bought a new stake in shares of Clean Harbors in the first quarter valued at about $16,594,000. Institutional investors and hedge funds own 90.43% of the company’s stock.

Insider Activity

In other news, Director Lauren States sold 308 shares of the company’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $260.74, for a total transaction of $80,307.92. Following the completion of the transaction, the director now directly owns 13,150 shares of the company’s stock, valued at $3,428,731. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Clean Harbors news, CEO Michael Louis Battles sold 10,000 shares of the business’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $245.74, for a total transaction of $2,457,400.00. Following the sale, the chief executive officer now directly owns 77,136 shares of the company’s stock, valued at $18,955,400.64. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Lauren States sold 308 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $260.74, for a total value of $80,307.92. Following the completion of the transaction, the director now owns 13,150 shares of the company’s stock, valued at $3,428,731. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 10,617 shares of company stock worth $2,613,132 over the last quarter. 5.90% of the stock is currently owned by company insiders.

Analyst Ratings Changes

CLH has been the topic of several analyst reports. Robert W. Baird boosted their price target on shares of Clean Harbors from $242.00 to $268.00 and gave the company an “outperform” rating in a report on Thursday, August 1st. Oppenheimer upped their target price on shares of Clean Harbors from $245.00 to $252.00 and gave the company an “outperform” rating in a research note on Thursday, August 1st. Truist Financial increased their price target on shares of Clean Harbors from $240.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday, July 11th. The Goldman Sachs Group lifted their price objective on Clean Harbors from $223.00 to $256.00 and gave the company a “neutral” rating in a report on Thursday, August 1st. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $275.00 target price (up from $240.00) on shares of Clean Harbors in a report on Thursday, August 1st. One analyst has rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $248.89.

Clean Harbors Trading Down 0.1 %

Shares of NYSE CLH opened at $256.80 on Friday. The company’s 50 day simple moving average is $244.09 and its 200 day simple moving average is $225.68. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.10 and a quick ratio of 1.76. Clean Harbors, Inc. has a fifty-two week low of $132.92 and a fifty-two week high of $261.81. The firm has a market capitalization of $13.85 billion, a P/E ratio of 37.16 and a beta of 1.20.

Clean Harbors (NYSE:CLH) last posted its earnings results on Wednesday, July 31st. The business services provider reported $2.46 earnings per share for the quarter, topping the consensus estimate of $2.21 by $0.25. Clean Harbors had a net margin of 6.97% and a return on equity of 17.12%. The company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same period last year, the business posted $2.13 earnings per share. The business’s revenue for the quarter was up 10.9% compared to the same quarter last year. On average, analysts predict that Clean Harbors, Inc. will post 7.65 EPS for the current year.

About Clean Harbors

Clean Harbors, Inc provides environmental and industrial services in the United States and internationally. The company operates through two segments, Environmental Services and Safety-Kleen Sustainability Solutions. The Environmental Services segment collects, transports, treats, and disposes hazardous and non-hazardous waste, such as resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and offers CleanPack services, including collection, identification, categorization, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous waste.