Bleakley Financial Group LLC Has $233,000 Holdings in Clean Harbors, Inc. (NYSE:CLH)

Bleakley Financial Group LLC decreased its position in Clean Harbors, Inc. (NYSE:CLH) by 7.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,011 shares of the business services provider’s stock after selling 81 shares during the period. Bleakley Financial Group LLC’s holdings in Clean Harbors were worth $233,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Reliant Investment Management LLC bought a new position in shares of Clean Harbors in the 4th quarter worth $4,386,000. Fiduciary Alliance LLC bought a new stake in shares of Clean Harbors in the 4th quarter worth $846,000. Mountain Pacific Investment Advisers LLC boosted its holdings in Clean Harbors by 4.5% during the fourth quarter. Mountain Pacific Investment Advisers LLC now owns 99,039 shares of the business services provider’s stock worth $22,793,000 after purchasing an additional 4,240 shares during the last quarter. Barclays PLC increased its stake in Clean Harbors by 44.5% in the 3rd quarter. Barclays PLC now owns 28,056 shares of the business services provider’s stock valued at $6,781,000 after buying an additional 8,639 shares during the last quarter. Finally, Advisor Resource Council purchased a new position in shares of Clean Harbors in the 3rd quarter worth approximately $926,000. 90.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CLH has been the subject of a number of research reports. Oppenheimer increased their target price on shares of Clean Harbors from $255.00 to $256.00 and gave the company an “outperform” rating in a research report on Monday, January 13th. StockNews.com cut shares of Clean Harbors from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 31st. Truist Financial boosted their price objective on Clean Harbors from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Needham & Company LLC reaffirmed a “buy” rating and set a $268.00 target price on shares of Clean Harbors in a report on Thursday, January 16th. Finally, Stifel Nicolaus increased their price target on shares of Clean Harbors from $270.00 to $290.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. One research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $269.44.

Clean Harbors Trading Down 1.0 %

CLH stock opened at $231.52 on Thursday. The company has a market capitalization of $12.48 billion, a PE ratio of 30.15 and a beta of 1.24. The firm’s 50-day moving average is $236.24 and its 200 day moving average is $242.48. Clean Harbors, Inc. has a 12 month low of $176.02 and a 12 month high of $267.11. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.10 and a quick ratio of 1.76.

Insiders Place Their Bets

In other Clean Harbors news, Director Lauren States sold 308 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $239.04, for a total transaction of $73,624.32. Following the completion of the sale, the director now directly owns 12,226 shares in the company, valued at approximately $2,922,503.04. The trade was a 2.46 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Eric W. Gerstenberg sold 6,051 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $250.42, for a total transaction of $1,515,291.42. Following the transaction, the chief executive officer now owns 55,657 shares in the company, valued at $13,937,625.94. The trade was a 9.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 7,836 shares of company stock valued at $1,966,314. 5.90% of the stock is currently owned by insiders.

Clean Harbors Company 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.