Janus Henderson Group PLC Purchases 13,167 Shares of Clean Harbors, Inc. (NYSE:CLH)

Janus Henderson Group PLC grew its position in Clean Harbors, Inc. (NYSE:CLH) by 0.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,612,082 shares of the business services provider’s stock after buying an additional 13,167 shares during the period. Janus Henderson Group PLC owned 2.99% of Clean Harbors worth $371,002,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Reliant Investment Management LLC acquired a new stake in Clean Harbors in the 4th quarter worth approximately $4,386,000. Mountain Pacific Investment Advisers LLC boosted its stake in Clean Harbors by 4.5% in the 4th quarter. Mountain Pacific Investment Advisers LLC now owns 99,039 shares of the business services provider’s stock worth $22,793,000 after purchasing an additional 4,240 shares in the last quarter. Fiduciary Alliance LLC acquired a new stake in Clean Harbors in the 4th quarter worth approximately $846,000. Barclays PLC boosted its stake in Clean Harbors by 44.5% in the 3rd quarter. Barclays PLC now owns 28,056 shares of the business services provider’s stock worth $6,781,000 after purchasing an additional 8,639 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH boosted its stake in Clean Harbors by 20.8% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 93,805 shares of the business services provider’s stock worth $21,588,000 after purchasing an additional 16,170 shares in the last quarter. 90.43% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on CLH. Truist Financial lowered their target price on shares of Clean Harbors from $270.00 to $250.00 and set a “buy” rating for the company in a research note on Tuesday, April 22nd. Needham & Company LLC lowered their target price on shares of Clean Harbors from $268.00 to $255.00 and set a “buy” rating for the company in a research note on Thursday, May 1st. Stifel Nicolaus lowered their target price on shares of Clean Harbors from $290.00 to $285.00 and set a “buy” rating for the company in a research note on Thursday, February 20th. StockNews.com raised shares of Clean Harbors from a “hold” rating to a “buy” rating in a research report on Thursday, May 1st. Finally, UBS Group reduced their price target on shares of Clean Harbors from $240.00 to $205.00 and set a “neutral” rating for the company in a research report on Friday, April 11th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $257.67.

Clean Harbors Stock Performance

CLH opened at $225.76 on Monday. Clean Harbors, Inc. has a 12-month low of $178.29 and a 12-month high of $267.11. The company has a current ratio of 2.21, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $12.10 billion, a PE ratio of 30.43 and a beta of 1.19. The firm has a 50 day moving average of $202.82 and a two-hundred day moving average of $225.92.

Clean Harbors (NYSE:CLH) last posted its earnings results on Wednesday, April 30th. The business services provider reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.07. The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.44 billion. Clean Harbors had a net margin of 6.83% and a return on equity of 16.33%. The business’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.29 EPS. On average, analysts anticipate that Clean Harbors, Inc. will post 7.89 EPS for the current year.

Insider Activity

In other news, CFO Eric J. Dugas bought 1,050 shares of the business’s stock in a transaction dated Monday, March 10th. The stock was purchased 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 directly owns 24,238 shares in the company, valued at $4,638,668.44. This trade represents a 4.53% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Lauren States sold 308 shares of the business’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $228.79, for a total transaction of $70,467.32. Following the completion of the sale, the director now directly owns 11,918 shares of the company’s stock, valued at approximately $2,726,719.22. The trade was a 2.52% decrease in their position. The disclosure for this sale can be found here. Insiders own 5.60% of the company’s stock.

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.