Clean Harbors, Inc. (NYSE:CLH) Shares Purchased by Blue Trust Inc.

Blue Trust Inc. grew its holdings in shares of Clean Harbors, Inc. (NYSE:CLH) by 15.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 441 shares of the business services provider’s stock after acquiring an additional 60 shares during the quarter. Blue Trust Inc.’s holdings in Clean Harbors were worth $107,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Creative Planning grew its position in Clean Harbors by 21.2% in the 2nd quarter. Creative Planning now owns 2,839 shares of the business services provider’s stock valued at $642,000 after buying an additional 496 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Clean Harbors by 24.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,197 shares of the business services provider’s stock valued at $271,000 after acquiring an additional 234 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of Clean Harbors by 10.6% during the second quarter. Cetera Investment Advisers now owns 16,626 shares of the business services provider’s stock valued at $3,760,000 after acquiring an additional 1,597 shares during the period. Sanctuary Advisors LLC bought a new stake in Clean Harbors during the second quarter worth approximately $305,000. Finally, SG Americas Securities LLC lifted its position in Clean Harbors by 108.1% in the third quarter. SG Americas Securities LLC now owns 2,824 shares of the business services provider’s stock worth $683,000 after purchasing an additional 37,817 shares during the period. Institutional investors own 90.43% of the company’s stock.

Insider Activity at Clean Harbors

In other Clean Harbors news, CEO Eric W. Gerstenberg sold 6,051 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $250.42, for a total value of $1,515,291.42. Following the completion of the sale, the chief executive officer now directly owns 55,657 shares of the company’s stock, valued at $13,937,625.94. The trade was a 9.81 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Brian P. Weber sold 861 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $261.31, for a total value of $224,987.91. Following the transaction, the executive vice president now owns 59,346 shares in the company, valued at approximately $15,507,703.26. This trade represents a 1.43 % 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. Corporate insiders own 5.90% of the company’s stock.

Clean Harbors Price Performance

CLH opened at $236.50 on Friday. The firm has a market capitalization of $12.75 billion, a P/E ratio of 30.79 and a beta of 1.24. The stock has a fifty day moving average of $238.08 and a 200-day moving average of $242.23. 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, Inc. has a 12-month low of $176.02 and a 12-month high of $267.11.

Analyst Ratings Changes

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

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.