Clean Harbors, Inc. (NYSE:CLH) Stock Holdings Lifted by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC raised its stake in Clean Harbors, Inc. (NYSE:CLH) by 8.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,624 shares of the business services provider’s stock after buying an additional 1,131 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in Clean Harbors were worth $3,365,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Candriam S.C.A. increased its holdings in shares of Clean Harbors by 41.4% in the fourth quarter. Candriam S.C.A. now owns 110,789 shares of the business services provider’s stock valued at $25,497,000 after buying an additional 32,436 shares in the last quarter. Vestmark Advisory Solutions Inc. grew its position in Clean Harbors by 9.7% during the 4th quarter. Vestmark Advisory Solutions Inc. now owns 5,681 shares of the business services provider’s stock worth $1,307,000 after purchasing an additional 500 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Clean Harbors during the 4th quarter worth approximately $57,956,000. Arizona State Retirement System grew its position in Clean Harbors by 0.8% during the 4th quarter. Arizona State Retirement System now owns 14,880 shares of the business services provider’s stock worth $3,424,000 after purchasing an additional 125 shares in the last quarter. Finally, Proficio Capital Partners LLC purchased a new position in Clean Harbors during the 4th quarter worth approximately $16,525,000. Institutional investors own 90.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on CLH shares. Robert W. Baird lowered their price objective on shares of Clean Harbors from $285.00 to $272.00 and set an “outperform” rating on the stock in a research report on Thursday, February 20th. StockNews.com upgraded shares of Clean Harbors from a “hold” rating to a “buy” rating in a research report on Wednesday. Needham & Company LLC reiterated a “buy” rating and set a $268.00 price objective on shares of Clean Harbors in a research report on Thursday, February 20th. Oppenheimer lowered their price objective on shares of Clean Harbors from $256.00 to $254.00 and set an “outperform” rating on the stock in a research report on Thursday, February 20th. Finally, Stifel Nicolaus lowered their price objective on shares of Clean Harbors from $290.00 to $285.00 and set a “buy” rating on the stock in a research report on Thursday, February 20th. One equities research 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 MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $270.56.

Insider Buying and Selling

In related news, Director Lauren States sold 308 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $239.04, for a total value of $73,624.32. Following the completion of the sale, the director now directly owns 12,226 shares in the company, valued at approximately $2,922,503.04. This represents a 2.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Over the last three months, insiders sold 924 shares of company stock worth $219,570. Corporate insiders own 5.90% of the company’s stock.

Clean Harbors Trading Down 0.1 %

Clean Harbors stock opened at $197.29 on Friday. The company’s fifty day simple moving average is $228.43 and its 200-day simple moving average is $240.43. The company has a quick ratio of 1.76, a current ratio of 2.21 and a debt-to-equity ratio of 1.08. Clean Harbors, Inc. has a 12 month low of $184.51 and a 12 month high of $267.11. The stock has a market cap of $10.63 billion, a P/E ratio of 26.59 and a beta of 1.22.

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

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.