Robertson Stephens Wealth Management LLC Sells 4,801 Shares of Clean Harbors, Inc. (NYSE:CLH)

Robertson Stephens Wealth Management LLC decreased its position in shares of Clean Harbors, Inc. (NYSE:CLH) by 73.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,693 shares of the business services provider’s stock after selling 4,801 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in Clean Harbors were worth $390,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in CLH. UMB Bank n.a. lifted its stake in shares of Clean Harbors by 63.4% during the 3rd quarter. UMB Bank n.a. now owns 214 shares of the business services provider’s stock worth $52,000 after purchasing an additional 83 shares during the last quarter. Prospera Private Wealth LLC purchased a new stake in shares of Clean Harbors during the 3rd quarter worth $56,000. CENTRAL TRUST Co lifted its stake in shares of Clean Harbors by 161.6% during the 3rd quarter. CENTRAL TRUST Co now owns 259 shares of the business services provider’s stock worth $63,000 after purchasing an additional 160 shares during the last quarter. Spire Wealth Management lifted its stake in shares of Clean Harbors by 396.7% during the 4th quarter. Spire Wealth Management now owns 298 shares of the business services provider’s stock worth $69,000 after purchasing an additional 238 shares during the last quarter. Finally, TD Private Client Wealth LLC lifted its stake in shares of Clean Harbors by 42.6% during the 3rd quarter. TD Private Client Wealth LLC now owns 291 shares of the business services provider’s stock worth $70,000 after purchasing an additional 87 shares during the last quarter. Institutional investors own 90.43% of the company’s stock.

Clean Harbors Trading Down 1.2 %

Clean Harbors stock opened at $234.09 on Friday. 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 52 week low of $176.02 and a 52 week high of $267.11. The company has a market capitalization of $12.62 billion, a price-to-earnings ratio of 30.48 and a beta of 1.24. The stock has a 50-day moving average price of $237.56 and a 200 day moving average price of $242.23.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. StockNews.com cut Clean Harbors from a “strong-buy” rating to a “buy” rating in a research note on Thursday, October 31st. Needham & Company LLC reiterated a “buy” rating and issued a $268.00 price target on shares of Clean Harbors in a research note on Thursday, January 16th. Stifel Nicolaus increased their price target on Clean Harbors from $270.00 to $290.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Truist Financial increased their price target on Clean Harbors from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Finally, Oppenheimer increased their price target on Clean Harbors from $255.00 to $256.00 and gave the company an “outperform” rating in a research note on Monday, January 13th. 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 company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $269.44.

Insider Buying and Selling

In related news, Director Lauren States sold 308 shares of Clean Harbors stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $239.04, for a total transaction of $73,624.32. Following the completion of the sale, the director now owns 12,226 shares of the company’s stock, valued at $2,922,503.04. The trade was a 2.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Brian P. Weber sold 861 shares of Clean Harbors stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $261.31, for a total value of $224,987.91. Following the transaction, the executive vice president now 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 disclosure for this sale can be found here. Insiders sold 7,836 shares of company stock valued at $1,966,314 over the last quarter. 5.90% of the stock is currently 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.