Janus Henderson Group PLC Purchases 215,659 Shares of Clean Harbors, Inc. $CLH

Janus Henderson Group PLC increased its position in shares of Clean Harbors, Inc. (NYSE:CLH) by 10.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,376,088 shares of the business services provider’s stock after acquiring an additional 215,659 shares during the quarter. Janus Henderson Group PLC’s holdings in Clean Harbors were worth $557,146,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. SG Americas Securities LLC raised its stake in shares of Clean Harbors by 57.4% during the 4th quarter. SG Americas Securities LLC now owns 62,621 shares of the business services provider’s stock worth $14,683,000 after acquiring an additional 22,827 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Clean Harbors by 7.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 219,862 shares of the business services provider’s stock worth $51,059,000 after acquiring an additional 15,872 shares in the last quarter. Tudor Investment Corp ET AL raised its stake in shares of Clean Harbors by 86.0% during the 3rd quarter. Tudor Investment Corp ET AL now owns 63,104 shares of the business services provider’s stock worth $14,654,000 after acquiring an additional 29,176 shares in the last quarter. Vaughan Nelson Investment Management L.P. raised its stake in shares of Clean Harbors by 2.2% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 370,875 shares of the business services provider’s stock worth $86,963,000 after acquiring an additional 8,145 shares in the last quarter. Finally, Nordea Investment Management AB raised its stake in shares of Clean Harbors by 120.8% during the 4th quarter. Nordea Investment Management AB now owns 1,040,594 shares of the business services provider’s stock worth $246,725,000 after acquiring an additional 569,388 shares in the last quarter. Institutional investors own 90.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CLH. The Goldman Sachs Group upped their price target on shares of Clean Harbors from $268.00 to $306.00 and gave the company a “neutral” rating in a research note on Wednesday, April 8th. Weiss Ratings lowered shares of Clean Harbors from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, April 9th. Oppenheimer upped their price target on shares of Clean Harbors from $310.00 to $316.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Wall Street Zen lowered shares of Clean Harbors from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Raymond James Financial restated a “strong-buy” rating and set a $320.00 price target on shares of Clean Harbors in a research note on Monday, February 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $323.23.

Clean Harbors Trading Down 1.0%

Shares of Clean Harbors stock opened at $287.82 on Thursday. The company has a current ratio of 2.34, a quick ratio of 1.99 and a debt-to-equity ratio of 0.99. Clean Harbors, Inc. has a 12-month low of $201.34 and a 12-month high of $316.98. The firm has a market capitalization of $15.21 billion, a price-to-earnings ratio of 39.00 and a beta of 0.87. The firm’s 50 day simple moving average is $294.67 and its two-hundred day simple moving average is $275.03.

Clean Harbors (NYSE:CLH) last released its quarterly earnings data on Wednesday, May 6th. The business services provider reported $1.19 EPS for the quarter, beating the consensus estimate of $1.15 by $0.04. The business had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.47 billion. Clean Harbors had a net margin of 6.53% and a return on equity of 14.37%. The business’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.09 EPS. Analysts predict that Clean Harbors, Inc. will post 8.5 EPS for the current year.

Insider Activity at Clean Harbors

In other news, Director Lauren States sold 789 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $286.19, for a total value of $225,803.91. Following the sale, the director directly owned 11,359 shares of the company’s stock, valued at $3,250,832.21. This represents a 6.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 5.00% of the stock is owned by company insiders.

Clean Harbors Profile

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.