Segall Bryant & Hamill LLC Has $12.69 Million Stock Holdings in Clean Harbors, Inc. (NYSE:CLH)

Segall Bryant & Hamill LLC lowered its position in shares of Clean Harbors, Inc. (NYSE:CLH) by 15.9% in the fourth quarter, HoldingsChannel reports. The fund owned 55,121 shares of the business services provider’s stock after selling 10,452 shares during the period. Segall Bryant & Hamill LLC’s holdings in Clean Harbors were worth $12,686,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in shares of Clean Harbors by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 4,659,064 shares of the business services provider’s stock worth $1,072,237,000 after purchasing an additional 11,814 shares in the last quarter. Wellington Management Group LLP lifted its position in Clean Harbors by 3.0% during the 3rd quarter. Wellington Management Group LLP now owns 3,451,751 shares of the business services provider’s stock worth $834,323,000 after buying an additional 100,394 shares in the last quarter. FMR LLC boosted its stake in shares of Clean Harbors by 12.0% during the 3rd quarter. FMR LLC now owns 1,747,215 shares of the business services provider’s stock worth $422,319,000 after buying an additional 187,140 shares during the last quarter. Janus Henderson Group PLC grew its holdings in shares of Clean Harbors by 0.5% in the 3rd quarter. Janus Henderson Group PLC now owns 1,598,915 shares of the business services provider’s stock valued at $386,477,000 after acquiring an additional 7,948 shares in the last quarter. Finally, State Street Corp increased its position in shares of Clean Harbors by 1.5% in the third quarter. State Street Corp now owns 1,510,363 shares of the business services provider’s stock valued at $365,070,000 after acquiring an additional 21,662 shares during the last quarter. 90.43% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CLH has been the subject of a number of analyst reports. BMO Capital Markets decreased their price target on Clean Harbors from $284.00 to $270.00 and set an “outperform” rating for the company in a research note on Thursday, February 20th. Oppenheimer lowered their target price on shares of Clean Harbors from $256.00 to $254.00 and set an “outperform” rating on the stock in a report on Thursday, February 20th. Robert W. Baird cut their price target on shares of Clean Harbors from $285.00 to $272.00 and set an “outperform” rating for the company in a research note on Thursday, February 20th. Needham & Company LLC restated a “buy” rating and set a $268.00 price objective on shares of Clean Harbors in a research note on Thursday, February 20th. Finally, StockNews.com upgraded shares of Clean Harbors from a “hold” rating to a “buy” rating in a research note on Wednesday, March 19th. One investment analyst has rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $266.56.

Insider Buying and Selling at Clean Harbors

In related news, Director Lauren States sold 308 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at $2,922,503.04. This represents a 2.46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Eric J. Dugas acquired 1,050 shares of the company’s stock in a transaction on Monday, March 10th. The stock was bought at an average cost of $191.38 per share, with a total value of $200,949.00. Following the completion of the acquisition, the chief financial officer now directly owns 24,238 shares in the company, valued at approximately $4,638,668.44. This represents a 4.53 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 3,341 shares of company stock valued at $663,041 in the last ninety days. 5.90% of the stock is currently owned by corporate insiders.

Clean Harbors Stock Performance

Shares of CLH stock opened at $200.50 on Wednesday. Clean Harbors, Inc. has a 52 week low of $186.54 and a 52 week high of $267.11. The company has a market capitalization of $10.80 billion, a price-to-earnings ratio of 27.02 and a beta of 1.22. The company has a 50-day simple moving average of $219.30 and a 200 day simple moving average of $236.20. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.76 and a current ratio of 2.21.

Clean Harbors (NYSE:CLH) last issued its quarterly earnings data on Wednesday, February 19th. The business services provider reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.19. The company had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.43 billion. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. The business’s revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.82 earnings per share. On average, sell-side analysts predict that Clean Harbors, Inc. will post 7.89 earnings per share for the current year.

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.