C WorldWide Group Holding A S reduced its holdings in Clean Harbors, Inc. (NYSE:CLH – Free Report) by 15.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,397 shares of the business services provider’s stock after selling 7,474 shares during the quarter. C WorldWide Group Holding A S’s holdings in Clean Harbors were worth $12,666,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Elyxium Wealth LLC purchased a new position in Clean Harbors in the fourth quarter worth $26,000. Quattro Advisors LLC purchased a new stake in shares of Clean Harbors during the 4th quarter worth $26,000. MidFirst Bank purchased a new stake in shares of Clean Harbors during the 4th quarter worth $28,000. Parkside Financial Bank & Trust grew its stake in shares of Clean Harbors by 205.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 119 shares of the business services provider’s stock worth $28,000 after purchasing an additional 80 shares during the period. Finally, Larson Financial Group LLC increased its holdings in shares of Clean Harbors by 676.5% in the 4th 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 in the last quarter. Institutional investors and hedge funds own 90.43% of the company’s stock.
Clean Harbors Stock Performance
NYSE:CLH opened at $316.87 on Wednesday. The firm has a 50-day moving average of $310.26 and a two-hundred day moving average of $298.67. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.13 and a quick ratio of 1.80. The stock has a market cap of $16.73 billion, a P/E ratio of 38.46, a PEG ratio of 2.05 and a beta of 0.85. Clean Harbors, Inc. has a 1-year low of $201.34 and a 1-year high of $335.94.
Analyst Upgrades and Downgrades
CLH has been the subject of several recent analyst reports. Bank of America set a $377.00 price objective on shares of Clean Harbors and gave the company a “buy” rating in a research note on Thursday, July 30th. Oppenheimer reissued an “outperform” rating and set a $350.00 price objective on shares of Clean Harbors in a research note on Thursday, July 30th. Needham & Company LLC raised their price target on shares of Clean Harbors from $325.00 to $390.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Raymond James Financial reissued a “strong-buy” rating and issued a $375.00 target price on shares of Clean Harbors in a research note on Thursday, July 30th. Finally, Weiss Ratings upgraded Clean Harbors from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $354.57.
Check Out Our Latest Report on Clean Harbors
Insider Buying and Selling
In other Clean Harbors news, Director Andrea Robertson sold 789 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $314.01, for a total transaction of $247,753.89. Following the completion of the transaction, the director directly owned 8,979 shares of the company’s stock, valued at $2,819,495.79. This trade represents a 8.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Eric W. Gerstenberg sold 2,500 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $321.34, for a total transaction of $803,350.00. Following the completion of the sale, the chief executive officer owned 56,793 shares in the company, valued at approximately $18,249,862.62. This trade represents a 4.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 5.00% of the company’s stock.
Clean Harbors Company Profile
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.
Further Reading
- Five stocks we like better than Clean Harbors
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
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.com's FREE daily email newsletter.
