8,760 Shares in Clean Harbors, Inc. $CLH Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd acquired a new stake in Clean Harbors, Inc. (NYSE:CLHFree Report) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 8,760 shares of the business services provider’s stock, valued at approximately $2,617,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Elyxium Wealth LLC purchased a new stake in Clean Harbors during the 4th quarter valued at about $26,000. Quattro Advisors LLC purchased a new position in Clean Harbors in the 4th quarter worth approximately $26,000. MidFirst Bank acquired a new position in shares of Clean Harbors during the 4th quarter worth approximately $28,000. Parkside Financial Bank & Trust grew its position in shares of Clean Harbors by 205.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 119 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 80 shares in the last quarter. Finally, Larson Financial Group LLC increased its holdings in shares of Clean Harbors by 676.5% in the fourth quarter. Larson Financial Group LLC now owns 132 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 115 shares during the last quarter. Institutional investors and hedge funds own 90.43% of the company’s stock.

Analyst Ratings Changes

CLH has been the topic of a number of recent research reports. Bank of America set a $377.00 price objective on Clean Harbors and gave the stock a “buy” rating in a research note on Thursday, July 30th. Wells Fargo & Company boosted their price target on shares of Clean Harbors from $313.00 to $349.00 and gave the company an “equal weight” rating in a research report on Friday, July 31st. William Blair assumed coverage on shares of Clean Harbors in a report on Thursday. They issued an “outperform” rating for the company. Barclays raised their price objective on shares of Clean Harbors from $305.00 to $325.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 30th. Finally, Needham & Company LLC boosted their target price on shares of Clean Harbors from $325.00 to $390.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $354.57.

Read Our Latest Report on Clean Harbors

Clean Harbors Stock Up 0.5%

Shares of CLH opened at $322.41 on Friday. The company’s 50-day moving average price is $311.99 and its 200 day moving average price is $299.33. Clean Harbors, Inc. has a 12-month low of $201.34 and a 12-month high of $335.94. The company has a current ratio of 2.13, a quick ratio of 1.80 and a debt-to-equity ratio of 0.94. The firm has a market cap of $17.02 billion, a P/E ratio of 39.13, a price-to-earnings-growth ratio of 2.07 and a beta of 0.85.

Clean Harbors (NYSE:CLHGet Free Report) last announced its earnings results on Wednesday, July 29th. The business services provider reported $3.22 earnings per share for the quarter, topping the consensus estimate of $2.81 by $0.41. The company had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.64 billion. Clean Harbors had a net margin of 7.03% and a return on equity of 15.65%. Clean Harbors’s revenue was up 11.9% compared to the same quarter last year. During the same quarter last year, the firm posted $2.36 earnings per share. On average, sell-side analysts forecast that Clean Harbors, Inc. will post 9.72 earnings per share for the current year.

Insider Buying and Selling

In other Clean Harbors news, CEO Eric W. Gerstenberg sold 2,500 shares of the company’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $321.34, for a total transaction of $803,350.00. Following the transaction, the chief executive officer directly owned 56,793 shares in the company, valued at $18,249,862.62. This represents a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Andrea Robertson sold 789 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $314.01, for a total value of $247,753.89. Following the transaction, the director owned 8,979 shares of the company’s stock, valued at approximately $2,819,495.79. This represents a 8.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 5.00% of the company’s stock.

Clean Harbors Profile

(Free Report)

Clean Harbors, Inc provides environmental, energy and industrial services throughout the United States and Canada. The company manages hazardous and non-hazardous waste through services that include collection, transportation, treatment, disposal, recycling and incineration. It also provides emergency spill response, wastewater treatment and specialized environmental remediation.

Through its industrial services operations, Clean Harbors supports refineries, chemical plants, utilities, manufacturers and other industrial customers with maintenance, cleaning, turnaround and specialty services.

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Institutional Ownership by Quarter for Clean Harbors (NYSE:CLH)

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