Dynamic Technology Lab Private Ltd acquired a new stake in Clean Harbors, Inc. (NYSE:CLH) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 4,134 shares of the business services provider’s stock, valued at approximately $235,000.
Several other hedge funds have also added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Clean Harbors by 9.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,081 shares of the business services provider’s stock worth $116,000 after acquiring an additional 188 shares during the last quarter. World Asset Management Inc acquired a new position in Clean Harbors during the 2nd quarter worth $201,000. Balyasny Asset Management LLC acquired a new position in Clean Harbors during the 2nd quarter worth $203,000. Shelton Capital Management acquired a new position in Clean Harbors during the 2nd quarter worth $221,000. Finally, Teacher Retirement System of Texas lifted its position in Clean Harbors by 1.4% during the 2nd quarter. Teacher Retirement System of Texas now owns 4,355 shares of the business services provider’s stock worth $243,000 after acquiring an additional 60 shares during the last quarter. 92.70% of the stock is owned by institutional investors and hedge funds.
A number of research firms have weighed in on CLH. Canaccord Genuity reissued a “hold” rating and set a $57.00 target price on shares of Clean Harbors in a research report on Wednesday, August 9th. KeyCorp reissued a “hold” rating on shares of Clean Harbors in a research report on Wednesday, November 1st. ValuEngine raised shares of Clean Harbors from a “sell” rating to a “hold” rating in a research report on Thursday, August 31st. Oppenheimer cut their target price on shares of Clean Harbors from $67.00 to $62.00 and set an “outperform” rating for the company in a research report on Thursday, November 2nd. Finally, Raymond James Financial raised shares of Clean Harbors from an “underperform” rating to a “market perform” rating in a research report on Thursday, November 2nd. Two analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $61.00.
In other news, EVP Brian P. Weber sold 490 shares of the company’s stock in a transaction dated Friday, September 29th. The shares were sold at an average price of $56.18, for a total transaction of $27,528.20. Following the completion of the transaction, the executive vice president now owns 59,413 shares of the company’s stock, valued at $3,337,822.34. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Eric J. Dugas sold 1,139 shares of the company’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $53.26, for a total transaction of $60,663.14. Following the transaction, the senior vice president now directly owns 13,777 shares of the company’s stock, valued at approximately $733,763.02. The disclosure for this sale can be found here. Insiders have sold 3,659 shares of company stock valued at $198,436 in the last ninety days. 8.90% of the stock is owned by company insiders.
Shares of Clean Harbors, Inc. (NYSE:CLH) traded down $0.36 on Thursday, hitting $53.15. 347,500 shares of the stock were exchanged, compared to its average volume of 319,295. The firm has a market capitalization of $3,046.51, a price-to-earnings ratio of 267.55 and a beta of 1.03. The company has a debt-to-equity ratio of 1.44, a current ratio of 2.19 and a quick ratio of 1.86. Clean Harbors, Inc. has a 1-year low of $49.63 and a 1-year high of $61.62.
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Clean Harbors Company Profile
Clean Harbors, Inc is a provider of environmental, energy and industrial services throughout North America. The Company is also a re-refiner and recycler of used oil in the world and a provider of parts cleaning and related environmental services to commercial, industrial and automotive customers in North America.
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