TD Private Client Wealth LLC Buys 87 Shares of Clean Harbors, Inc. (NYSE:CLH)

TD Private Client Wealth LLC lifted its stake in shares of Clean Harbors, Inc. (NYSE:CLH) by 42.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 291 shares of the business services provider’s stock after acquiring an additional 87 shares during the period. TD Private Client Wealth LLC’s holdings in Clean Harbors were worth $70,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in CLH. Innealta Capital LLC bought a new stake in shares of Clean Harbors during the 2nd quarter worth $25,000. UMB Bank n.a. lifted its holdings 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 acquiring an additional 83 shares during the last quarter. Brown Brothers Harriman & Co. bought a new stake in shares of Clean Harbors during the 2nd quarter worth $56,000. Prospera Private Wealth LLC bought a new stake in shares of Clean Harbors during the 3rd quarter worth $56,000. Finally, CENTRAL TRUST Co lifted its holdings 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 acquiring an additional 160 shares during the last quarter. 90.43% of the stock is owned by institutional investors.

Insider Activity at Clean Harbors

In related news, Director Lauren States sold 308 shares of the business’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $260.74, for a total transaction of $80,307.92. Following the transaction, the director now owns 13,150 shares in the company, valued at $3,428,731. The trade was a 2.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Brian P. Weber sold 861 shares of the business’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 transaction, the executive vice president now owns 59,346 shares in the company, valued at $15,507,703.26. This represents a 1.43 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,138 shares of company stock worth $2,044,005 over the last 90 days. 5.90% of the stock is owned by company insiders.

Clean Harbors Price Performance

CLH stock opened at $244.28 on Monday. The firm’s 50-day moving average price is $252.32 and its two-hundred day moving average price is $239.32. Clean Harbors, Inc. has a 12-month low of $161.39 and a 12-month high of $267.11. The stock has a market capitalization of $13.17 billion, a price-to-earnings ratio of 31.81 and a beta of 1.22. The company has a current ratio of 2.10, a quick ratio of 1.76 and a debt-to-equity ratio of 1.10.

Clean Harbors (NYSE:CLH) last released its quarterly earnings data 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). Clean Harbors had a net margin of 7.19% and a return on equity of 17.51%. The firm had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter in the previous year, the firm posted $1.68 EPS. Clean Harbors’s revenue was up 12.0% compared to the same quarter last year. As a group, equities analysts predict that Clean Harbors, Inc. will post 7.21 earnings per share for the current year.

Analyst Ratings Changes

CLH has been the subject of several recent research reports. Needham & Company LLC lowered 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 note on Thursday, October 31st. Stifel Nicolaus boosted their price target on shares of Clean Harbors from $270.00 to $290.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. Robert W. Baird lowered their price target on shares of Clean Harbors from $300.00 to $285.00 and set an “outperform” rating for the company in a research note on Thursday, October 31st. Truist Financial boosted their price target on shares of Clean Harbors from $260.00 to $280.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Finally, StockNews.com downgraded shares of Clean Harbors from a “strong-buy” rating to a “buy” rating in a research note on Thursday, October 31st. One analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $271.00.

About Clean Harbors

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.