2 weeks Ago By ABMN Staff
Sei Investments Co. lessened its holdings in Clean Harbors, Inc. ( NYSE:CLH – Free Report ) by 45.
1% in the fourth quarter, Holdings Channel reports. The firm owned 49,957 shares of the business services provider’s stock after selling 41,048 shares during the period. Sei Investments Co.
’s holdings in Clean Harbors were worth $11,497,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other large investors have also recently made changes to their positions in the business. Raymond James Financial Inc.
bought a new position in Clean Harbors during the fourth quarter valued at about $57,956,000. FMR LLC increased its stake in shares of Clean Harbors by 12.0% during the 3rd quarter.
FMR LLC now owns 1,747,215 shares of the business services provider’s stock worth $422,319,000 after purchasing an additional 187,140 shares during the last quarter. Wellington Management Group LLP raised its holdings in shares of Clean Harbors by 3.0% in the 3rd quarter.
Wellington Management Group LLP now owns 3,451,751 shares of the business services provider’s stock worth $834,323,000 after purchasing an additional 100,394 shares during the period. Allianz Asset Management GmbH lifted its stake in Clean Harbors by 50.4% in the fourth quarter.
Allianz Asset Management GmbH now owns 297,066 shares of the business services provider’s stock valued at $68,367,000 after purchasing an additional 99,591 shares during the last quarter. Finally, Proficio Capital Partners LLC bought a new position in Clean Harbors during the fourth quarter valued at $16,525,000. 90.
43% of the stock is owned by hedge funds and other institutional investors. Wall Street Analysts Forecast Growth Several research firms have recently weighed in on CLH. Oppenheimer cut their price target on Clean Harbors from $256.
00 to $254.00 and set an “outperform” rating for the company in a research note on Thursday, February 20th. The Goldman Sachs Group reduced their target price on shares of Clean Harbors from $250.
00 to $220.00 and set a “neutral” rating for the company in a research note on Wednesday, March 19th. Truist Financial dropped their price target on shares of Clean Harbors from $280.
00 to $270.00 and set a “buy” rating on the stock in a research note on Thursday, February 20th. BMO Capital Markets cut their price objective on shares of Clean Harbors from $284.
00 to $270.00 and set an “outperform” rating for the company in a report on Thursday, February 20th. Finally, StockNews.
com raised shares of Clean Harbors from a “hold” rating to a “buy” rating in a report on Wednesday, March 19th. One investment analyst has rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.
com, Clean Harbors currently has an average rating of “Buy” and an average target price of $266.56. Clean Harbors Stock Performance NYSE CLH opened at $197.
24 on Friday. The company’s 50 day simple moving average is $216.86 and its two-hundred day simple moving average is $235.
40. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.
21 and a quick ratio of 1.76. Clean Harbors, Inc.
has a 1 year low of $186.54 and a 1 year high of $267.11.
The stock has a market capitalization of $10.62 billion, a PE ratio of 26.58 and a beta of 1.
22. Clean Harbors ( NYSE:CLH – Get Free Report ) last issued its quarterly earnings data on Wednesday, February 19th. The business services provider reported $1.
55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.19.
Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%.
The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.43 billion.
During the same quarter last year, the business posted $1.82 earnings per share. The firm’s revenue was up 6.
9% compared to the same quarter last year. Analysts predict that Clean Harbors, Inc. will post 7.
89 earnings per share for the current fiscal year. Insider Activity In related news, CFO Eric J. Dugas acquired 1,050 shares of the company’s stock in a transaction dated Monday, March 10th.
The stock was bought at an average cost of $191.38 per share, with a total value of $200,949.00.
Following the acquisition, the chief financial officer now owns 24,238 shares of the company’s stock, valued at approximately $4,638,668.44. The trade was a 4.
53 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website . Also, insider Robert Speights sold 2,725 shares of the stock in a transaction on Monday, March 10th.
The shares were sold at an average price of $190.44, for a total value of $518,949.00.
Following the completion of the transaction, the insider now directly owns 40,008 shares in the company, valued at approximately $7,619,123.52. This represents a 6.
38 % decrease in their position. The disclosure for this sale can be found here . In the last 90 days, insiders sold 3,341 shares of company stock worth $663,041.
5.90% of the stock is currently owned by insiders. About Clean Harbors ( Free Report ) 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. Recommended Stories Want to see what other hedge funds are holding CLH? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Clean Harbors, Inc. ( NYSE:CLH – Free Report ). Receive News & Ratings for Clean Harbors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clean Harbors and related companies with MarketBeat.
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