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Clean Harbors, Inc. (NYSE:CLH) Shares Bought by Dimensional Fund Advisors LP

Clean Harbors logo with Business Services background

Dimensional Fund Advisors LP grew its position in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 2.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 676,894 shares of the business services provider's stock after acquiring an additional 15,888 shares during the quarter. Dimensional Fund Advisors LP owned about 1.26% of Clean Harbors worth $155,784,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Skandinaviska Enskilda Banken AB publ lifted its holdings in Clean Harbors by 2,650.0% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 165 shares of the business services provider's stock valued at $38,000 after purchasing an additional 159 shares in the last quarter. Allworth Financial LP raised its position in shares of Clean Harbors by 130.4% in the fourth quarter. Allworth Financial LP now owns 182 shares of the business services provider's stock valued at $44,000 after buying an additional 103 shares during the last quarter. Assetmark Inc. lifted its stake in shares of Clean Harbors by 10,250.0% in the fourth quarter. Assetmark Inc. now owns 207 shares of the business services provider's stock worth $48,000 after buying an additional 205 shares in the last quarter. Physician Wealth Advisors Inc. acquired a new position in Clean Harbors during the fourth quarter worth about $56,000. Finally, UMB Bank n.a. grew its stake in Clean Harbors by 30.8% during the 4th quarter. UMB Bank n.a. now owns 280 shares of the business services provider's stock valued at $64,000 after acquiring an additional 66 shares in the last quarter. 90.43% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have weighed in on CLH. Robert W. Baird decreased their target price on shares of Clean Harbors from $285.00 to $272.00 and set an "outperform" rating on the stock in a research note on Thursday, February 20th. UBS Group decreased their price objective on Clean Harbors from $240.00 to $205.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. StockNews.com downgraded Clean Harbors from a "buy" rating to a "hold" rating in a research report on Friday, April 18th. Stifel Nicolaus decreased their target price on shares of Clean Harbors from $290.00 to $285.00 and set a "buy" rating on the stock in a research report on Thursday, February 20th. Finally, Oppenheimer dropped their price target on shares of Clean Harbors from $256.00 to $254.00 and set an "outperform" rating for the company in a research report on Thursday, February 20th. Three analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $258.40.

Get Our Latest Stock Report on CLH

Clean Harbors Stock Up 0.0 %

Shares of CLH stock traded up $0.01 during trading on Wednesday, reaching $214.10. The company's stock had a trading volume of 895,617 shares, compared to its average volume of 349,835. Clean Harbors, Inc. has a 1-year low of $178.29 and a 1-year high of $267.11. The stock's 50-day moving average price is $201.03 and its 200 day moving average price is $228.00. The company has a market capitalization of $11.60 billion, a price-to-earnings ratio of 28.85 and a beta of 1.11. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.21 and a quick ratio of 1.76.

Clean Harbors (NYSE:CLH - Get Free Report) last posted its quarterly earnings results 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. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.44 billion. Clean Harbors had a net margin of 6.83% and a return on equity of 16.33%. The company's quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.29 earnings per share. On average, research analysts anticipate that Clean Harbors, Inc. will post 7.89 EPS for the current year.

Insiders Place Their Bets

In other Clean Harbors news, CFO Eric J. Dugas bought 1,050 shares of the company's stock in a transaction that occurred on Monday, March 10th. The shares were purchased at an average price of $191.38 per share, with a total value of $200,949.00. Following the completion of the acquisition, the chief financial officer now directly owns 24,238 shares of the company's stock, valued at $4,638,668.44. This represents a 4.53 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lauren States sold 308 shares of Clean Harbors stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $228.79, for a total value of $70,467.32. Following the sale, the director now directly owns 11,918 shares of the company's stock, valued at $2,726,719.22. This trade represents a 2.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.60% of the stock is owned by company insiders.

About Clean Harbors

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Clean Harbors (NYSE:CLH)

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