Advisor OS LLC Sells 9,400 Shares of Clean Harbors, Inc. (NYSE:CLH)

Advisor OS LLC lowered its position in shares of Clean Harbors, Inc. (NYSE:CLH) by 84.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,684 shares of the business services provider’s stock after selling 9,400 shares during the period. Advisor OS LLC’s holdings in Clean Harbors were worth $388,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in CLH. Reliant Investment Management LLC bought a new position in Clean Harbors during the 4th quarter worth $4,386,000. Fiduciary Alliance LLC acquired a new stake in shares of Clean Harbors in the 4th quarter valued at $846,000. Mountain Pacific Investment Advisers LLC boosted its holdings in shares of Clean Harbors by 4.5% in the 4th quarter. Mountain Pacific Investment Advisers LLC now owns 99,039 shares of the business services provider’s stock valued at $22,793,000 after purchasing an additional 4,240 shares in the last quarter. Barclays PLC boosted its holdings in shares of Clean Harbors by 44.5% in the 3rd quarter. Barclays PLC now owns 28,056 shares of the business services provider’s stock valued at $6,781,000 after purchasing an additional 8,639 shares in the last quarter. Finally, Advisor Resource Council acquired a new stake in shares of Clean Harbors in the 3rd quarter valued at $926,000. Institutional investors own 90.43% of the company’s stock.

Insider Transactions at Clean Harbors

In other news, Director Lauren States sold 308 shares of Clean Harbors stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $239.04, for a total value of $73,624.32. Following the completion of the transaction, the director now directly owns 12,226 shares of the company’s stock, valued at approximately $2,922,503.04. This trade represents a 2.46 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In the last ninety days, insiders sold 924 shares of company stock valued at $219,570. Corporate insiders own 5.90% of the company’s stock.

Clean Harbors Stock Down 1.5 %

Shares of CLH opened at $210.34 on Friday. The company has a market capitalization of $11.33 billion, a PE ratio of 28.35 and a beta of 1.24. Clean Harbors, Inc. has a 12 month low of $180.37 and a 12 month high of $267.11. The stock’s 50-day moving average price is $231.04 and its two-hundred day moving average price is $241.50. The company has a current ratio of 2.21, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08.

Clean Harbors (NYSE:CLH) last announced its earnings results on Wednesday, February 19th. The business services provider reported $1.55 EPS for the quarter, topping the consensus estimate of $1.36 by $0.19. The firm had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.43 billion. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.82 EPS. On average, analysts anticipate that Clean Harbors, Inc. will post 7.89 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on CLH shares. Oppenheimer reduced their target price on Clean Harbors from $256.00 to $254.00 and set an “outperform” rating on the stock in a report on Thursday, February 20th. Robert W. Baird cut their price objective on Clean Harbors from $285.00 to $272.00 and set an “outperform” rating on the stock in a report on Thursday, February 20th. Truist Financial cut their price objective on Clean Harbors from $280.00 to $270.00 and set a “buy” rating on the stock in a report on Thursday, February 20th. BMO Capital Markets cut their price objective on Clean Harbors from $284.00 to $270.00 and set an “outperform” rating on the stock in a report on Thursday, February 20th. Finally, Stifel Nicolaus cut their price objective on Clean Harbors from $290.00 to $285.00 and set a “buy” rating on the stock in a report on Thursday, February 20th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $270.56.

Clean Harbors Company 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.