Clean Harbors, Inc. (NYSE:CLH) Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. lowered its position in Clean Harbors, Inc. (NYSE:CLH) by 2.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,732 shares of the business services provider’s stock after selling 71 shares during the quarter. Hantz Financial Services Inc.’s holdings in Clean Harbors were worth $629,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in CLH. Icon Wealth Advisors LLC raised its stake in Clean Harbors by 8.4% during the 3rd quarter. Icon Wealth Advisors LLC now owns 581 shares of the business services provider’s stock valued at $140,000 after acquiring an additional 45 shares in the last quarter. Traynor Capital Management Inc. raised its stake in shares of Clean Harbors by 3.6% during the fourth quarter. Traynor Capital Management Inc. now owns 1,450 shares of the business services provider’s stock valued at $334,000 after purchasing an additional 50 shares in the last quarter. Signaturefd LLC lifted its holdings in Clean Harbors by 11.8% in the third quarter. Signaturefd LLC now owns 491 shares of the business services provider’s stock worth $119,000 after purchasing an additional 52 shares during the period. CIBC Asset Management Inc grew its position in Clean Harbors by 3.5% in the 3rd quarter. CIBC Asset Management Inc now owns 1,563 shares of the business services provider’s stock valued at $378,000 after buying an additional 53 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in Clean Harbors by 10.1% during the 4th quarter. GAMMA Investing LLC now owns 619 shares of the business services provider’s stock valued at $142,000 after buying an additional 57 shares during the period. Institutional investors own 90.43% of the company’s stock.

Analyst Upgrades and Downgrades

CLH has been the topic of a number of research analyst reports. TD Cowen initiated coverage on shares of Clean Harbors in a research note on Friday, December 6th. They set a “buy” rating and a $325.00 price objective on the stock. StockNews.com downgraded Clean Harbors from a “strong-buy” rating to a “buy” rating in a research note on Thursday, October 31st. Oppenheimer raised their target price on Clean Harbors from $255.00 to $256.00 and gave the company an “outperform” rating in a research note on Monday, January 13th. Robert W. Baird dropped their price target on shares of Clean Harbors from $300.00 to $285.00 and set an “outperform” rating on the stock in a research report on Thursday, October 31st. Finally, Stifel Nicolaus raised their price objective on shares of Clean Harbors from $270.00 to $290.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. One investment 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 company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $269.44.

Clean Harbors Stock Down 2.4 %

CLH stock opened at $232.93 on Friday. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.10 and a quick ratio of 1.76. The firm has a market capitalization of $12.55 billion, a P/E ratio of 30.33 and a beta of 1.24. Clean Harbors, Inc. has a 52-week low of $167.86 and a 52-week high of $267.11. The company’s 50 day simple moving average is $239.91 and its 200-day simple moving average is $242.07.

Clean Harbors (NYSE:CLH) last issued its quarterly earnings results on Wednesday, October 30th. The business services provider reported $2.12 earnings per share for the quarter, missing analysts’ consensus estimates of $2.15 by ($0.03). The business had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.51 billion. Clean Harbors had a net margin of 7.19% and a return on equity of 17.51%. The business’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.68 EPS. As a group, equities research analysts anticipate that Clean Harbors, Inc. will post 7.19 EPS for the current year.

Insider Buying and Selling

In related news, CEO Eric W. Gerstenberg sold 6,051 shares of Clean Harbors stock in a transaction on Friday, November 15th. The stock was sold at an average price of $250.42, for a total transaction of $1,515,291.42. Following the completion of the sale, the chief executive officer now owns 55,657 shares of the company’s stock, valued at approximately $13,937,625.94. This trade represents a 9.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert Speights sold 610 shares of the company’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $240.14, for a total value of $146,485.40. Following the completion of the transaction, the insider now directly owns 39,160 shares in the company, valued at approximately $9,403,882.40. The trade was a 1.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 8,446 shares of company stock worth $2,112,800. 5.90% of the stock is owned by company insiders.

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.