Nvwm LLC Decreases Stake in Clean Harbors, Inc. (NYSE:CLH)

Nvwm LLC trimmed its stake in shares of Clean Harbors, Inc. (NYSE:CLH) by 1.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 5,620 shares of the business services provider’s stock after selling 78 shares during the period. Nvwm LLC’s holdings in Clean Harbors were worth $1,293,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of CLH. Creative Planning raised its stake in shares of Clean Harbors by 21.2% during the 2nd quarter. Creative Planning now owns 2,839 shares of the business services provider’s stock worth $642,000 after buying an additional 496 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Clean Harbors by 24.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,197 shares of the business services provider’s stock valued at $271,000 after purchasing an additional 234 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Clean Harbors by 10.6% during the second quarter. Cetera Investment Advisers now owns 16,626 shares of the business services provider’s stock worth $3,760,000 after buying an additional 1,597 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in Clean Harbors during the second quarter worth approximately $305,000. Finally, SG Americas Securities LLC grew its position in shares of Clean Harbors by 108.1% in the third quarter. SG Americas Securities LLC now owns 2,824 shares of the business services provider’s stock valued at $683,000 after purchasing an additional 37,817 shares during the period. Institutional investors and hedge funds own 90.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. TD Cowen began coverage on shares of Clean Harbors in a report on Friday, December 6th. They issued a “buy” rating and a $325.00 target price for the company. Stifel Nicolaus boosted their price objective on shares of Clean Harbors from $270.00 to $290.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. StockNews.com lowered Clean Harbors from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 31st. Truist Financial lifted their price objective on shares of Clean Harbors from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Finally, Robert W. Baird dropped their price target on shares of Clean Harbors from $300.00 to $285.00 and set an “outperform” rating on the stock in a research note on Thursday, October 31st. One equities research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $269.44.

Insider Activity at Clean Harbors

In other news, EVP Brian P. Weber sold 861 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $261.31, for a total transaction of $224,987.91. Following the sale, the executive vice president now directly owns 59,346 shares in the company, valued at approximately $15,507,703.26. The trade was a 1.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Lauren States sold 308 shares of Clean Harbors stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $239.04, for a total transaction of $73,624.32. Following the sale, the director now owns 12,226 shares in the company, valued at $2,922,503.04. This represents a 2.46 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 7,836 shares of company stock worth $1,966,314. 5.90% of the stock is owned by insiders.

Clean Harbors Stock Up 0.7 %

CLH stock opened at $235.74 on Wednesday. The company has a current ratio of 2.10, a quick ratio of 1.76 and a debt-to-equity ratio of 1.10. The firm has a market cap of $12.71 billion, a PE ratio of 30.70 and a beta of 1.24. Clean Harbors, Inc. has a 1 year low of $169.62 and a 1 year high of $267.11. The company has a fifty day simple moving average of $238.93 and a 200 day simple moving average of $242.31.

About Clean Harbors

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.