Leeward Investments LLC MA Has $34.65 Million Position in Clean Harbors, Inc. $CLH

Leeward Investments LLC MA reduced its position in shares of Clean Harbors, Inc. (NYSE:CLH) by 2.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 149,218 shares of the business services provider’s stock after selling 4,308 shares during the period. Clean Harbors accounts for approximately 1.8% of Leeward Investments LLC MA’s portfolio, making the stock its 4th largest position. Leeward Investments LLC MA owned 0.28% of Clean Harbors worth $34,651,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Norges Bank purchased a new stake in Clean Harbors in the 2nd quarter worth approximately $147,632,000. Nordea Investment Management AB bought a new position in shares of Clean Harbors during the third quarter valued at approximately $108,608,000. William Blair Investment Management LLC bought a new stake in Clean Harbors in the second quarter valued at $95,115,000. Westfield Capital Management Co. LP bought a new stake in Clean Harbors in the second quarter valued at $44,446,000. Finally, Vaughan Nelson Investment Management L.P. increased its position in Clean Harbors by 41.9% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 362,730 shares of the business services provider’s stock valued at $84,233,000 after purchasing an additional 107,150 shares during the period. 90.43% of the stock is owned by institutional investors.

Clean Harbors Price Performance

Shares of NYSE CLH opened at $274.61 on Friday. The company has a 50 day simple moving average of $251.70 and a two-hundred day simple moving average of $238.73. Clean Harbors, Inc. has a fifty-two week low of $178.29 and a fifty-two week high of $276.51. The company has a market capitalization of $14.67 billion, a price-to-earnings ratio of 38.09 and a beta of 0.96. The company has a debt-to-equity ratio of 1.00, a quick ratio of 2.09 and a current ratio of 2.44.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on CLH shares. Oppenheimer lifted their target price on shares of Clean Harbors from $237.00 to $283.00 and gave the company an “outperform” rating in a research note on Friday, January 23rd. Zacks Research upgraded shares of Clean Harbors from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 13th. The Goldman Sachs Group upped their target price on Clean Harbors from $228.00 to $253.00 and gave the stock a “neutral” rating in a report on Tuesday, January 20th. Wells Fargo & Company increased their target price on Clean Harbors from $220.00 to $248.00 and gave the stock an “equal weight” rating in a research report on Friday, January 23rd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Clean Harbors in a research note on Monday, December 29th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, Clean Harbors presently has an average rating of “Moderate Buy” and a consensus price target of $262.17.

Insider Buying and Selling

In other news, CEO Eric W. Gerstenberg sold 601 shares of Clean Harbors stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $240.90, for a total value of $144,780.90. Following the completion of the transaction, the chief executive officer owned 50,454 shares of the company’s stock, valued at $12,154,368.60. The trade was a 1.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 5.60% of the company’s stock.

About Clean Harbors

Clean Harbors, Inc is a leading provider of environmental, energy and industrial services in North America. The company specializes in the collection, transportation and disposal of hazardous and non-hazardous wastes, emergency spill response and remediation, industrial cleaning and on-site field services. Its comprehensive service offering also includes chemical neutralization, drum crushing, high-pressure water blasting, tank cleaning and vacuum services designed to help customers meet stringent environmental regulations.

Founded in 1980 by Alan S.