Clean Harbors, Inc. (NYSE:CLH) Shares Sold by Oliver Lagore Vanvalin Investment Group

Oliver Lagore Vanvalin Investment Group reduced its position in Clean Harbors, Inc. (NYSE:CLH) by 6.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 901 shares of the business services provider’s stock after selling 60 shares during the quarter. Oliver Lagore Vanvalin Investment Group’s holdings in Clean Harbors were worth $157,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of CLH. Vanguard Group Inc. lifted its position in Clean Harbors by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 4,974,889 shares of the business services provider’s stock worth $547,138,000 after acquiring an additional 14,664 shares in the last quarter. FMR LLC lifted its position in Clean Harbors by 5.6% during the 3rd quarter. FMR LLC now owns 1,419,048 shares of the business services provider’s stock worth $237,492,000 after acquiring an additional 75,038 shares in the last quarter. State Street Corp lifted its position in Clean Harbors by 0.4% during the 2nd quarter. State Street Corp now owns 1,418,790 shares of the business services provider’s stock worth $233,292,000 after acquiring an additional 5,550 shares in the last quarter. Invesco Ltd. lifted its position in Clean Harbors by 6.7% during the 1st quarter. Invesco Ltd. now owns 1,378,894 shares of the business services provider’s stock worth $153,941,000 after acquiring an additional 87,183 shares in the last quarter. Finally, Select Equity Group L.P. acquired a new position in Clean Harbors during the 1st quarter worth approximately $114,248,000. 90.43% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Clean Harbors

In other news, EVP Brian P. Weber sold 7,996 shares of the stock in a transaction on Wednesday, March 27th. The stock was sold at an average price of $199.07, for a total value of $1,591,763.72. Following the completion of the transaction, the executive vice president now owns 62,803 shares of the company’s stock, valued at $12,502,193.21. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, CEO Eric W. Gerstenberg sold 15,276 shares of the company’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $187.71, for a total value of $2,867,457.96. Following the completion of the sale, the chief executive officer now owns 67,374 shares in the company, valued at $12,646,773.54. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Brian P. Weber sold 7,996 shares of the stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of $199.07, for a total value of $1,591,763.72. Following the completion of the transaction, the executive vice president now owns 62,803 shares of the company’s stock, valued at approximately $12,502,193.21. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,185 shares of company stock valued at $4,819,554. 6.70% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on CLH shares. Needham & Company LLC upped their target price on Clean Harbors from $200.00 to $235.00 and gave the company a “buy” rating in a research report on Tuesday, April 9th. Truist Financial upped their target price on Clean Harbors from $200.00 to $210.00 and gave the company a “buy” rating in a research report on Thursday, February 22nd. StockNews.com raised Clean Harbors from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 29th. Stifel Nicolaus upped their target price on Clean Harbors from $210.00 to $220.00 and gave the company a “buy” rating in a research report on Monday. Finally, Oppenheimer upped their target price on Clean Harbors from $178.00 to $200.00 and gave the company an “outperform” rating in a research report on Thursday, February 22nd. One analyst has rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $207.90.

Clean Harbors Price Performance

Shares of CLH opened at $190.99 on Friday. Clean Harbors, Inc. has a 12 month low of $129.70 and a 12 month high of $204.06. The company has a market cap of $10.44 billion, a P/E ratio of 27.48 and a beta of 1.24. The stock has a fifty day moving average price of $190.75 and a 200 day moving average price of $174.54. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.98 and a quick ratio of 1.66.

Clean Harbors (NYSE:CLH) last released its quarterly earnings results on Wednesday, February 21st. The business services provider reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.13. Clean Harbors had a return on equity of 17.83% and a net margin of 6.99%. The company had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same quarter in the prior year, the business posted $1.44 earnings per share. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. On average, research analysts forecast that Clean Harbors, Inc. will post 7.38 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.