Captrust Financial Advisors Buys 5,317 Shares of Clean Harbors, Inc. (NYSE:CLH)

Captrust Financial Advisors lifted its stake in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 104.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,404 shares of the business services provider's stock after buying an additional 5,317 shares during the quarter. Captrust Financial Advisors' holdings in Clean Harbors were worth $2,394,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Kapitalo Investimentos Ltda bought a new stake in Clean Harbors in the fourth quarter valued at $32,000. Skandinaviska Enskilda Banken AB publ grew its stake in Clean Harbors by 2,650.0% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 165 shares of the business services provider's stock valued at $38,000 after acquiring an additional 159 shares during the period. Allworth Financial LP increased its holdings in shares of Clean Harbors by 130.4% during the fourth quarter. Allworth Financial LP now owns 182 shares of the business services provider's stock valued at $44,000 after acquiring an additional 103 shares in the last quarter. Assetmark Inc. raised its position in shares of Clean Harbors by 10,250.0% during the fourth quarter. Assetmark Inc. now owns 207 shares of the business services provider's stock worth $48,000 after purchasing an additional 205 shares during the period. Finally, Physician Wealth Advisors Inc. bought a new position in shares of Clean Harbors in the 4th quarter worth $56,000. Institutional investors own 90.43% of the company's stock.

Clean Harbors Stock Performance

CLH traded down $0.45 during trading hours on Thursday, hitting $229.48. The stock had a trading volume of 268,313 shares, compared to its average volume of 349,708. The company's fifty day simple moving average is $204.60 and its 200 day simple moving average is $225.79. The stock has a market cap of $12.30 billion, a PE ratio of 30.93 and a beta of 1.19. The company has a quick ratio of 1.76, a current ratio of 2.21 and a debt-to-equity ratio of 1.08. Clean Harbors, Inc. has a 1 year low of $178.29 and a 1 year high of $267.11.

Clean Harbors (NYSE:CLH - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The business services provider reported $1.09 EPS for the quarter, topping the consensus estimate of $1.02 by $0.07. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same quarter in the previous year, the firm earned $1.29 earnings per share. Clean Harbors's revenue was up 4.0% on a year-over-year basis. Equities analysts anticipate that Clean Harbors, Inc. will post 7.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Truist Financial reduced their price objective on shares of Clean Harbors from $270.00 to $250.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. The Goldman Sachs Group dropped their target price on Clean Harbors from $250.00 to $220.00 and set a "neutral" rating on the stock in a report on Wednesday, March 19th. Oppenheimer decreased their price target on Clean Harbors from $256.00 to $254.00 and set an "outperform" rating for the company in a report on Thursday, February 20th. Stifel Nicolaus cut their price objective on shares of Clean Harbors from $290.00 to $285.00 and set a "buy" rating on the stock in a report on Thursday, February 20th. Finally, StockNews.com raised shares of Clean Harbors from a "hold" rating to a "buy" rating in a research report on Thursday, May 1st. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $257.67.

Insiders Place Their Bets

In other news, CFO Eric J. Dugas acquired 1,050 shares of the stock in a transaction dated Monday, March 10th. The stock was purchased at an average cost of $191.38 per share, with a total value of $200,949.00. Following the completion of the purchase, the chief financial officer now owns 24,238 shares in the company, valued at approximately $4,638,668.44. The trade was a 4.53% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Robert Speights sold 2,725 shares of the company's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $190.44, for a total value of $518,949.00. Following the transaction, the insider now directly owns 40,008 shares of the company's stock, valued at $7,619,123.52. The trade was a 6.38% decrease in their position. The disclosure for this sale can be found here. 5.60% of the stock is currently owned by insiders.

Clean Harbors 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.