242 Shares in Clean Harbors, Inc. (NYSE:CLH) Acquired by Physician Wealth Advisors Inc.

Physician Wealth Advisors Inc. bought a new stake in shares of Clean Harbors, Inc. (NYSE:CLH) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 242 shares of the business services provider’s stock, valued at approximately $56,000.

Several other institutional investors have also added to or reduced their stakes in CLH. Schroder Investment Management Group raised its stake in shares of Clean Harbors by 11.1% in the fourth quarter. Schroder Investment Management Group now owns 42,216 shares of the business services provider’s stock worth $9,716,000 after buying an additional 4,227 shares during the period. Intrust Bank NA increased its holdings in Clean Harbors by 4.6% in the 4th quarter. Intrust Bank NA now owns 2,904 shares of the business services provider’s stock worth $668,000 after acquiring an additional 128 shares in the last quarter. Brown Brothers Harriman & Co. raised its stake in Clean Harbors by 25.1% during the 4th quarter. Brown Brothers Harriman & Co. now owns 309 shares of the business services provider’s stock worth $71,000 after acquiring an additional 62 shares during the period. Pictet Asset Management Holding SA lifted its holdings in Clean Harbors by 72.6% during the fourth quarter. Pictet Asset Management Holding SA now owns 1,658,128 shares of the business services provider’s stock valued at $381,602,000 after purchasing an additional 697,630 shares in the last quarter. Finally, New Age Alpha Advisors LLC bought a new position in shares of Clean Harbors in the fourth quarter worth approximately $2,561,000. 90.43% of the stock is currently owned by institutional investors.

Clean Harbors Trading Down 0.0 %

CLH stock opened at $197.10 on Tuesday. The firm has a fifty day moving average price of $215.97 and a 200 day moving average price of $235.07. Clean Harbors, Inc. has a fifty-two week low of $186.54 and a fifty-two week high of $267.11. The firm has a market cap of $10.62 billion, a PE ratio of 26.56 and a beta of 1.22. 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 announced its quarterly earnings results on Wednesday, February 19th. The business services provider reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.19. Clean Harbors had a net margin of 6.83% and a return on equity of 16.33%. The firm had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter last year, the firm earned $1.82 EPS. The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. Sell-side analysts anticipate that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CLH has been the topic of a number of analyst reports. 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 research note on Thursday, February 20th. StockNews.com upgraded Clean Harbors from a “hold” rating to a “buy” rating in a research report on Wednesday, March 19th. Truist Financial cut their target price on Clean Harbors from $280.00 to $270.00 and set a “buy” rating for the company in a research report on Thursday, February 20th. TD Cowen started coverage on Clean Harbors in a report on Friday, December 6th. They issued a “buy” rating and a $325.00 price target on the stock. Finally, Robert W. Baird cut their price objective on shares of Clean Harbors from $285.00 to $272.00 and set an “outperform” rating for the company in a report on Thursday, February 20th. One equities research 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 company’s stock. According to data from MarketBeat.com, Clean Harbors presently has an average rating of “Buy” and an average target price of $266.56.

Insider Activity

In related news, Director Lauren States sold 308 shares of the company’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $239.04, for a total transaction of $73,624.32. Following the transaction, 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Eric J. Dugas bought 1,050 shares of the business’s stock in a transaction dated Monday, March 10th. The shares were acquired at an average cost of $191.38 per share, for a total transaction of $200,949.00. Following the purchase, the chief financial officer now owns 24,238 shares of the company’s stock, valued at approximately $4,638,668.44. The trade was a 4.53 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 3,341 shares of company stock valued at $663,041. 5.90% of the stock is currently owned by 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.