3,802 Shares in Clean Harbors, Inc. (NYSE:CLH) Purchased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd acquired a new position in Clean Harbors, Inc. (NYSE:CLH) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 3,802 shares of the business services provider’s stock, valued at approximately $919,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in CLH. O Shaughnessy Asset Management LLC increased its holdings in shares of Clean Harbors by 7.3% in the first quarter. O Shaughnessy Asset Management LLC now owns 1,631 shares of the business services provider’s stock valued at $328,000 after buying an additional 111 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in shares of Clean Harbors during the first quarter valued at $255,000. Lazard Asset Management LLC acquired a new position in shares of Clean Harbors in the 1st quarter valued at $155,000. Tidal Investments LLC increased its stake in Clean Harbors by 114.8% in the 1st quarter. Tidal Investments LLC now owns 11,462 shares of the business services provider’s stock worth $2,307,000 after purchasing an additional 6,125 shares in the last quarter. Finally, iA Global Asset Management Inc. raised its holdings in Clean Harbors by 9.1% during the 1st quarter. iA Global Asset Management Inc. now owns 4,028 shares of the business services provider’s stock worth $811,000 after buying an additional 337 shares during the period. 90.43% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. The Goldman Sachs Group lifted their target price on shares of Clean Harbors from $223.00 to $256.00 and gave the stock a “neutral” rating in a research report on Thursday, August 1st. Needham & Company LLC cut their target price on shares of Clean Harbors from $274.00 to $268.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. Truist Financial raised their target price on Clean Harbors from $260.00 to $280.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. StockNews.com lowered Clean Harbors from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 31st. Finally, Oppenheimer raised their price objective on Clean Harbors from $252.00 to $270.00 and gave the stock an “outperform” rating in a research report on Monday, October 21st. One equities research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $254.33.

Clean Harbors Trading Down 0.9 %

Shares of CLH opened at $257.70 on Thursday. The firm has a market capitalization of $13.89 billion, a price-to-earnings ratio of 33.55 and a beta of 1.20. The company has a quick ratio of 1.76, a current ratio of 2.10 and a debt-to-equity ratio of 1.10. The stock’s 50-day moving average price is $250.51 and its 200 day moving average price is $235.94. Clean Harbors, Inc. has a 12-month low of $158.42 and a 12-month high of $267.11.

Clean Harbors (NYSE:CLH) last announced its quarterly earnings results on Wednesday, October 30th. The business services provider reported $2.12 EPS for the quarter, missing analysts’ consensus estimates of $2.15 by ($0.03). Clean Harbors had a return on equity of 17.51% and a net margin of 7.19%. The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the prior year, the business earned $1.68 EPS. The firm’s revenue for the quarter was up 12.0% on a year-over-year basis. As a group, research analysts predict that Clean Harbors, Inc. will post 7.21 earnings per share for the current year.

Insider Buying and Selling

In other Clean Harbors news, EVP Brian P. Weber sold 861 shares of Clean Harbors stock in a transaction 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 completion of the transaction, the executive vice president now directly owns 59,346 shares of the company’s stock, valued at approximately $15,507,703.26. This trade represents a 1.43 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lauren States sold 309 shares of the company’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $244.09, for a total transaction of $75,423.81. Following the completion of the sale, the director now directly owns 13,458 shares in the company, valued at approximately $3,284,963.22. The trade was a 2.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 18,447 shares of company stock worth $4,576,829 in the last 90 days. 5.90% of the stock is owned by company insiders.

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.