Clean Harbors, Inc. (NYSE:CLH) Stock Holdings Lowered by C WorldWide Group Holding A S

C WorldWide Group Holding A S lowered its position in shares of Clean Harbors, Inc. (NYSE:CLH) by 75.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 43,844 shares of the business services provider’s stock after selling 137,536 shares during the period. C WorldWide Group Holding A S’s holdings in Clean Harbors were worth $10,090,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Hantz Financial Services Inc. grew its position in shares of Clean Harbors by 1.4% during the third quarter. Hantz Financial Services Inc. now owns 2,803 shares of the business services provider’s stock worth $678,000 after acquiring an additional 39 shares during the last quarter. Icon Wealth Advisors LLC grew its position in shares of Clean Harbors by 8.4% during the third quarter. Icon Wealth Advisors LLC now owns 581 shares of the business services provider’s stock worth $140,000 after acquiring an additional 45 shares during the last quarter. Traynor Capital Management Inc. grew its position in shares of Clean Harbors by 3.6% during the fourth quarter. Traynor Capital Management Inc. now owns 1,450 shares of the business services provider’s stock worth $334,000 after acquiring an additional 50 shares during the last quarter. Signaturefd LLC grew its position in shares of Clean Harbors by 11.8% during the third quarter. Signaturefd LLC now owns 491 shares of the business services provider’s stock worth $119,000 after acquiring an additional 52 shares during the last quarter. Finally, CIBC Asset Management Inc grew its position in shares of Clean Harbors by 3.5% during the third quarter. CIBC Asset Management Inc now owns 1,563 shares of the business services provider’s stock worth $378,000 after acquiring an additional 53 shares during the last quarter. Institutional investors own 90.43% of the company’s stock.

Clean Harbors Price Performance

Shares of NYSE CLH opened at $217.77 on Monday. Clean Harbors, Inc. has a twelve month low of $180.24 and a twelve 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 company has a market capitalization of $11.73 billion, a price-to-earnings ratio of 29.35 and a beta of 1.24. The firm has a 50-day moving average of $233.16 and a two-hundred day moving average of $242.21.

Clean Harbors (NYSE:CLH) last issued its quarterly earnings results on Wednesday, February 19th. The business services provider reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.19. Clean Harbors had a net margin of 6.83% and a return on equity of 16.33%. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same period in the prior year, the company earned $1.82 EPS. Clean Harbors’s revenue was up 6.9% on a year-over-year basis. As a group, analysts expect that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

Insider Buying and Selling at Clean Harbors

In other Clean Harbors news, EVP Brian P. Weber sold 861 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $261.31, for a total transaction of $224,987.91. Following the completion of the sale, the executive vice president now directly owns 59,346 shares of the company’s stock, valued at approximately $15,507,703.26. This represents a 1.43 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Lauren States sold 308 shares of the company’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $239.04, for a total transaction of $73,624.32. Following the sale, the director now directly owns 12,226 shares of the company’s stock, valued at $2,922,503.04. This represents a 2.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 1,785 shares of company stock valued at $444,558. 5.90% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Truist Financial decreased their target price on shares of Clean Harbors from $280.00 to $270.00 and set a “buy” rating for the company in a research report on Thursday. Robert W. Baird decreased their target price on shares of Clean Harbors from $285.00 to $272.00 and set an “outperform” rating for the company in a research report on Thursday. Needham & Company LLC reiterated a “buy” rating and issued a $268.00 target price on shares of Clean Harbors in a research report on Thursday. BMO Capital Markets decreased their target price on shares of Clean Harbors from $284.00 to $270.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, Oppenheimer decreased their target price on shares of Clean Harbors from $256.00 to $254.00 and set an “outperform” rating for the company in a research report on Thursday. One analyst has rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $270.56.

Clean Harbors 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.