Sanctuary Advisors LLC Has $548,000 Stock Holdings in Clean Harbors, Inc. (NYSE:CLH)

Sanctuary Advisors LLC lifted its stake in shares of Clean Harbors, Inc. (NYSE:CLH) by 60.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,169 shares of the business services provider’s stock after purchasing an additional 820 shares during the quarter. Sanctuary Advisors LLC’s holdings in Clean Harbors were worth $548,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of CLH. Innealta Capital LLC acquired a new position in shares of Clean Harbors during the 2nd quarter worth $25,000. UMB Bank n.a. lifted its holdings in shares of Clean Harbors by 63.4% in the third quarter. UMB Bank n.a. now owns 214 shares of the business services provider’s stock worth $52,000 after acquiring an additional 83 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new stake in shares of Clean Harbors in the 2nd quarter valued at approximately $56,000. Prospera Private Wealth LLC bought a new stake in shares of Clean Harbors during the 3rd quarter valued at approximately $56,000. Finally, CENTRAL TRUST Co increased its position in Clean Harbors by 161.6% during the 3rd quarter. CENTRAL TRUST Co now owns 259 shares of the business services provider’s stock worth $63,000 after purchasing an additional 160 shares in the last quarter. Institutional investors own 90.43% of the company’s stock.

Insiders Place Their Bets

In other Clean Harbors news, insider Robert Speights sold 610 shares of the firm’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $240.14, for a total value of $146,485.40. Following the completion of the sale, the insider now directly owns 39,160 shares in the company, valued at approximately $9,403,882.40. This trade represents a 1.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Lauren States sold 308 shares of Clean Harbors stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $260.74, for a total transaction of $80,307.92. Following the completion of the sale, the director now directly owns 13,150 shares of the company’s stock, valued at approximately $3,428,731. This trade represents a 2.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 8,446 shares of company stock worth $2,119,483. 5.90% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have weighed in on CLH. Oppenheimer raised their target price on shares of Clean Harbors from $252.00 to $270.00 and gave the company an “outperform” rating in a research report on Monday, October 21st. Needham & Company LLC lowered their target price on Clean Harbors from $274.00 to $268.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Truist Financial boosted their price target on Clean Harbors from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. StockNews.com lowered shares of Clean Harbors from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 31st. Finally, Stifel Nicolaus upped their price target on shares of Clean Harbors from $270.00 to $290.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. One investment analyst has rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $271.00.

Clean Harbors Trading Up 1.0 %

CLH opened at $230.94 on Thursday. Clean Harbors, Inc. has a twelve month low of $161.39 and a twelve month high of $267.11. The company has a fifty day moving average of $249.08 and a 200-day moving average of $240.21. The stock has a market cap of $12.45 billion, a PE ratio of 30.07 and a beta of 1.22. The company has a quick ratio of 1.76, a current ratio of 2.10 and a debt-to-equity ratio of 1.10.

Clean Harbors (NYSE:CLH) last issued its quarterly earnings results on Wednesday, October 30th. The business services provider reported $2.12 earnings per share for the quarter, missing analysts’ consensus estimates of $2.15 by ($0.03). The business had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.51 billion. Clean Harbors had a return on equity of 17.51% and a net margin of 7.19%. The business’s revenue was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.68 earnings per share. On average, sell-side analysts predict that Clean Harbors, Inc. will post 7.21 EPS for the current year.

Clean Harbors Profile

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.