Signaturefd LLC Buys 52 Shares of Clean Harbors, Inc. (NYSE:CLH)

Signaturefd LLC increased its stake in Clean Harbors, Inc. (NYSE:CLH) by 11.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 491 shares of the business services provider’s stock after acquiring an additional 52 shares during the period. Signaturefd LLC’s holdings in Clean Harbors were worth $119,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Swedbank AB lifted its stake in shares of Clean Harbors by 83.3% in the 2nd quarter. Swedbank AB now owns 110,000 shares of the business services provider’s stock valued at $24,876,000 after acquiring an additional 50,000 shares during the last quarter. Oppenheimer & Co. Inc. purchased a new position in shares of Clean Harbors during the 1st quarter worth approximately $828,000. Driehaus Capital Management LLC grew its holdings in shares of Clean Harbors by 17.1% during the 2nd quarter. Driehaus Capital Management LLC now owns 123,813 shares of the business services provider’s stock worth $28,000,000 after acquiring an additional 18,058 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in shares of Clean Harbors by 28.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 92,071 shares of the business services provider’s stock worth $18,535,000 after acquiring an additional 20,626 shares during the period. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in shares of Clean Harbors by 25.6% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 22,309 shares of the business services provider’s stock worth $4,491,000 after acquiring an additional 4,554 shares during the period. Institutional investors own 90.43% of the company’s stock.

Insider Buying and Selling at Clean Harbors

In other Clean Harbors news, Director Lauren States sold 309 shares of the stock in a transaction on Monday, September 16th. The stock was sold at an average price of $244.09, for a total transaction of $75,423.81. Following the sale, the director now directly owns 13,458 shares in the company, valued at approximately $3,284,963.22. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, Director Lauren States sold 309 shares of the stock in a transaction on Monday, September 16th. The stock was sold at an average price of $244.09, for a total transaction of $75,423.81. Following the transaction, the director now directly owns 13,458 shares of the company’s stock, valued at $3,284,963.22. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Michael Louis Battles sold 10,000 shares of the stock in a transaction on Monday, September 16th. The shares were sold at an average price of $245.74, for a total value of $2,457,400.00. Following the transaction, the chief executive officer now directly owns 77,136 shares in the company, valued at $18,955,400.64. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,617 shares of company stock worth $2,613,132. Insiders own 5.90% of the company’s stock.

Analysts Set New Price Targets

CLH has been the topic of a number of research analyst reports. Needham & Company LLC upped their target price on Clean Harbors from $235.00 to $274.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. The Goldman Sachs Group upped their target price on Clean Harbors from $223.00 to $256.00 and gave the stock a “neutral” rating in a report on Thursday, August 1st. StockNews.com upgraded Clean Harbors from a “buy” rating to a “strong-buy” rating in a report on Wednesday, October 16th. Robert W. Baird upped their target price on Clean Harbors from $242.00 to $268.00 and gave the stock an “outperform” rating in a report on Thursday, August 1st. Finally, Oppenheimer upped their price target on Clean Harbors from $252.00 to $270.00 and gave the stock an “outperform” rating in a research note on Monday, October 21st. One research analyst has rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Clean Harbors presently has a consensus rating of “Buy” and a consensus target price of $250.89.

Clean Harbors Stock Performance

Clean Harbors stock opened at $256.52 on Tuesday. The stock’s 50 day moving average is $246.51 and its 200 day moving average is $228.47. The company has a quick ratio of 1.76, a current ratio of 2.10 and a debt-to-equity ratio of 1.14. Clean Harbors, Inc. has a twelve month low of $132.92 and a twelve month high of $261.81. The company has a market capitalization of $13.84 billion, a P/E ratio of 37.12 and a beta of 1.20.

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