North Dakota State Investment Board acquired a new stake in shares of Clean Harbors, Inc. (NYSE:CLH – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,788 shares of the business services provider’s stock, valued at approximately $419,000.
Other large investors have also recently made changes to their positions in the company. Candriam S.C.A. grew its holdings in shares of Clean Harbors by 36.4% during the third quarter. Candriam S.C.A. now owns 68,867 shares of the business services provider’s stock valued at $15,992,000 after buying an additional 18,367 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Clean Harbors by 7.8% during the third quarter. JPMorgan Chase & Co. now owns 219,862 shares of the business services provider’s stock valued at $51,059,000 after buying an additional 15,872 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of Clean Harbors by 57.4% during the fourth quarter. SG Americas Securities LLC now owns 62,621 shares of the business services provider’s stock valued at $14,683,000 after buying an additional 22,827 shares during the last quarter. Tudor Investment Corp ET AL grew its holdings in shares of Clean Harbors by 86.0% during the third quarter. Tudor Investment Corp ET AL now owns 63,104 shares of the business services provider’s stock valued at $14,654,000 after buying an additional 29,176 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. grew its holdings in shares of Clean Harbors by 2.2% during the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 370,875 shares of the business services provider’s stock valued at $86,963,000 after buying an additional 8,145 shares during the last quarter. 90.43% of the stock is owned by hedge funds and other institutional investors.
Clean Harbors Price Performance
NYSE:CLH opened at $287.10 on Friday. Clean Harbors, Inc. has a one year low of $201.34 and a one year high of $316.98. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.99 and a current ratio of 2.34. The firm has a market cap of $15.17 billion, a price-to-earnings ratio of 38.90 and a beta of 0.92. The firm’s fifty day moving average is $295.91 and its two-hundred day moving average is $265.33.
Insider Buying and Selling at Clean Harbors
In related news, CEO Eric W. Gerstenberg sold 1,000 shares of Clean Harbors stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $293.00, for a total value of $293,000.00. Following the completion of the transaction, the chief executive officer owned 38,877 shares in the company, valued at $11,390,961. The trade was a 2.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Marcy L. Reed sold 836 shares of Clean Harbors stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $287.94, for a total value of $240,717.84. Following the completion of the transaction, the director owned 5,081 shares of the company’s stock, valued at approximately $1,463,023.14. This represents a 14.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 6,519 shares of company stock valued at $1,907,663. 5.00% of the stock is owned by insiders.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on CLH shares. BMO Capital Markets boosted their price objective on shares of Clean Harbors from $290.00 to $310.00 and gave the company an “outperform” rating in a report on Wednesday, February 18th. Wall Street Zen lowered shares of Clean Harbors from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Wells Fargo & Company boosted their price objective on shares of Clean Harbors from $309.00 to $313.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. Oppenheimer upped their price target on shares of Clean Harbors from $310.00 to $316.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Finally, The Goldman Sachs Group upped their price target on shares of Clean Harbors from $268.00 to $306.00 and gave the company a “neutral” rating in a report on Wednesday, April 8th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, Clean Harbors currently has a consensus rating of “Moderate Buy” and a consensus price target of $322.08.
View Our Latest Stock Analysis on Clean Harbors
About Clean Harbors
Clean Harbors, Inc is a leading provider of environmental, energy and industrial services in North America. The company specializes in the collection, transportation and disposal of hazardous and non-hazardous wastes, emergency spill response and remediation, industrial cleaning and on-site field services. Its comprehensive service offering also includes chemical neutralization, drum crushing, high-pressure water blasting, tank cleaning and vacuum services designed to help customers meet stringent environmental regulations.
Founded in 1980 by Alan S.
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