Quarry LP Has $51,000 Holdings in Clean Harbors, Inc. (NYSE:CLH)

Quarry LP decreased its stake in Clean Harbors, Inc. (NYSE:CLHFree Report) by 67.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 213 shares of the business services provider’s stock after selling 447 shares during the period. Quarry LP’s holdings in Clean Harbors were worth $51,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of CLH. CWM LLC grew its position in Clean Harbors by 9.8% in the 2nd quarter. CWM LLC now owns 1,351 shares of the business services provider’s stock worth $306,000 after purchasing an additional 121 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Clean Harbors by 6.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,663 shares of the business services provider’s stock valued at $828,000 after acquiring an additional 217 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in shares of Clean Harbors by 11.1% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,887 shares of the business services provider’s stock worth $653,000 after acquiring an additional 288 shares during the period. Swedbank AB grew its holdings in shares of Clean Harbors by 83.3% during the 2nd quarter. Swedbank AB now owns 110,000 shares of the business services provider’s stock worth $24,876,000 after purchasing an additional 50,000 shares in the last quarter. Finally, Assenagon Asset Management S.A. acquired a new position in shares of Clean Harbors in the second quarter valued at $8,340,000. Institutional investors own 90.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on CLH shares. TD Cowen initiated coverage on shares of Clean Harbors in a research note on Friday, December 6th. They set a “buy” rating and a $325.00 price target on the stock. Needham & Company LLC dropped their price target on shares of Clean Harbors from $274.00 to $268.00 and set a “buy” rating for the company in a research report on Thursday, October 31st. Robert W. Baird decreased their price objective on Clean Harbors from $300.00 to $285.00 and set an “outperform” rating on the stock in a report on Thursday, October 31st. Truist Financial increased their target price on Clean Harbors from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Finally, Oppenheimer boosted their price target on Clean Harbors from $252.00 to $270.00 and gave the company an “outperform” rating in a research note on Monday, October 21st. One investment analyst has rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $269.33.

Get Our Latest Stock Report on CLH

Insiders Place Their Bets

In related news, insider Robert Speights sold 610 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $240.14, for a total value of $146,485.40. Following the transaction, the insider now owns 39,160 shares in the company, valued at $9,403,882.40. This trade represents a 1.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Lauren States sold 309 shares of the business’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $244.09, for a total value of $75,423.81. Following the sale, the director now directly owns 13,458 shares of the company’s stock, valued at $3,284,963.22. This represents a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 18,447 shares of company stock valued at $4,576,829. 5.90% of the stock is currently owned by corporate insiders.

Clean Harbors Stock Performance

Clean Harbors stock opened at $242.18 on Wednesday. The stock has a 50-day simple moving average of $252.08 and a 200 day simple moving average of $238.62. The stock has a market capitalization of $13.05 billion, a price-to-earnings ratio of 31.53 and a beta of 1.22. The company has a quick ratio of 1.76, a current ratio of 2.10 and a debt-to-equity ratio of 1.10. Clean Harbors, Inc. has a 12-month low of $161.39 and a 12-month high of $267.11.

Clean Harbors (NYSE:CLHGet Free Report) last announced its earnings results on Wednesday, October 30th. The business services provider reported $2.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.15 by ($0.03). The company had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.51 billion. Clean Harbors had a return on equity of 17.51% and a net margin of 7.19%. Clean Harbors’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.68 earnings per share. On average, research analysts anticipate that Clean Harbors, Inc. will post 7.21 earnings per share for the current fiscal year.

Clean Harbors Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Clean Harbors (NYSE:CLH)

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