Barclays PLC Raises Holdings in Clean Harbors, Inc. (NYSE:CLH)

Barclays PLC increased its holdings in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 55.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 43,727 shares of the business services provider's stock after purchasing an additional 15,671 shares during the quarter. Barclays PLC owned approximately 0.08% of Clean Harbors worth $10,063,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Seeds Investor LLC lifted its holdings in Clean Harbors by 13.6% in the fourth quarter. Seeds Investor LLC now owns 1,304 shares of the business services provider's stock valued at $300,000 after buying an additional 156 shares during the period. Rockefeller Capital Management L.P. acquired a new position in shares of Clean Harbors during the fourth quarter valued at about $12,704,000. Sterling Capital Management LLC increased its position in Clean Harbors by 43.5% in the 4th quarter. Sterling Capital Management LLC now owns 3,318 shares of the business services provider's stock valued at $764,000 after buying an additional 1,005 shares in the last quarter. Treasurer of the State of North Carolina raised its stake in Clean Harbors by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 22,387 shares of the business services provider's stock worth $5,152,000 after buying an additional 140 shares during the period. Finally, Scotia Capital Inc. boosted its holdings in Clean Harbors by 0.4% in the fourth quarter. Scotia Capital Inc. now owns 14,262 shares of the business services provider's stock worth $3,282,000 after acquiring an additional 59 shares in the last quarter. Institutional investors own 90.43% of the company's stock.

Insiders Place Their Bets

In other Clean Harbors news, insider Robert Speights sold 2,725 shares of the business's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $190.44, for a total value of $518,949.00. Following the transaction, the insider now owns 40,008 shares of the company's stock, valued at approximately $7,619,123.52. The trade was a 6.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Eric J. Dugas acquired 1,050 shares of the business's stock in a transaction on Monday, March 10th. The stock was acquired at an average cost of $191.38 per share, for a total transaction of $200,949.00. Following the transaction, 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. Insiders own 5.60% of the company's stock.

Clean Harbors Stock Up 0.3 %

Shares of NYSE:CLH traded up $0.73 during mid-day trading on Monday, hitting $212.67. 360,594 shares of the company traded hands, compared to its average volume of 346,734. The stock has a 50-day moving average price of $201.07 and a two-hundred day moving average price of $228.20. 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, Inc. has a 12-month low of $178.29 and a 12-month high of $267.11. The stock has a market cap of $11.53 billion, a P/E ratio of 28.66 and a beta of 1.11.

Clean Harbors (NYSE:CLH - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The business services provider reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.19. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. The business had revenue of $1.43 billion for the quarter, compared to analysts' expectations of $1.43 billion. During the same quarter in the previous year, the firm earned $1.82 earnings per share. The business's revenue was up 6.9% on a year-over-year basis. On average, equities research analysts forecast that Clean Harbors, Inc. will post 7.89 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Needham & Company LLC restated a "buy" rating and set a $268.00 price objective on shares of Clean Harbors in a report on Thursday, February 20th. Truist Financial decreased their price objective on Clean Harbors from $270.00 to $250.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Stifel Nicolaus decreased their price objective on Clean Harbors from $290.00 to $285.00 and set a "buy" rating for the company in a report on Thursday, February 20th. UBS Group decreased their price objective on Clean Harbors from $240.00 to $205.00 and set a "neutral" rating for the company in a report on Friday, April 11th. Finally, The Goldman Sachs Group decreased their price objective on Clean Harbors from $250.00 to $220.00 and set a "neutral" rating for the company in a report on Wednesday, March 19th. Three investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Clean Harbors has a consensus rating of "Moderate Buy" and an average target price of $258.40.

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.