15,477 Shares in Clean Harbors, Inc. (NYSE:CLH) Purchased by Advisor Resource Council

Advisor Resource Council purchased a new stake in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 15,477 shares of the business services provider's stock, valued at approximately $3,051,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Williamson Legacy Group LLC grew its holdings in shares of Clean Harbors by 1.4% during the 4th quarter. Williamson Legacy Group LLC now owns 3,727 shares of the business services provider's stock valued at $858,000 after acquiring an additional 53 shares in the last quarter. Deutsche Bank AG grew its holdings in shares of Clean Harbors by 1.0% during the 4th quarter. Deutsche Bank AG now owns 5,793 shares of the business services provider's stock valued at $1,333,000 after acquiring an additional 56 shares in the last quarter. Blue Trust Inc. boosted its holdings in Clean Harbors by 25.8% in the first quarter. Blue Trust Inc. now owns 273 shares of the business services provider's stock worth $54,000 after purchasing an additional 56 shares in the last quarter. 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 purchasing an additional 59 shares in the last quarter. Finally, Brown Brothers Harriman & Co. boosted its holdings in Clean Harbors by 25.1% in the fourth quarter. Brown Brothers Harriman & Co. now owns 309 shares of the business services provider's stock worth $71,000 after purchasing an additional 62 shares in the last quarter. 90.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Brian P. Weber sold 3,035 shares of the stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $227.17, for a total value of $689,460.95. Following the completion of the transaction, the executive vice president now owns 54,548 shares of the company's stock, valued at $12,391,669.16. This represents a 5.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Eric W. Gerstenberg sold 8,076 shares of the stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $225.23, for a total transaction of $1,818,957.48. Following the completion of the transaction, the chief executive officer now directly owns 51,619 shares of the company's stock, valued at $11,626,147.37. This trade represents a 13.53% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 15,112 shares of company stock valued at $3,416,406. Insiders own 5.60% of the company's stock.

Clean Harbors Stock Performance

CLH stock traded up $3.81 during mid-day trading on Monday, reaching $229.83. 329,512 shares of the stock traded hands, compared to its average volume of 350,751. The business has a 50-day moving average of $222.46 and a two-hundred day moving average of $220.60. The firm has a market capitalization of $12.31 billion, a PE ratio of 31.83 and a beta of 1.17. The company has a quick ratio of 1.98, a current ratio of 2.37 and a debt-to-equity ratio of 1.08. Clean Harbors, Inc. has a 52 week low of $178.29 and a 52 week high of $267.11.

Clean Harbors (NYSE:CLH - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The business services provider reported $1.09 EPS for the quarter, beating analysts' consensus estimates of $1.02 by $0.07. The business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.44 billion. Clean Harbors had a net margin of 6.58% and a return on equity of 15.47%. The firm's revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.29 earnings per share. As a group, equities analysts predict that Clean Harbors, Inc. will post 7.89 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CLH. The Goldman Sachs Group decreased their price objective on shares of Clean Harbors from $250.00 to $220.00 and set a "neutral" rating for the company in a report on Wednesday, March 19th. Truist Financial decreased 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. Robert W. Baird upped their price objective on shares of Clean Harbors from $250.00 to $255.00 and gave the stock an "outperform" rating in a report on Thursday, May 1st. UBS Group decreased their price objective on shares of Clean Harbors from $240.00 to $205.00 and set a "neutral" rating for the company in a report on Friday, April 11th. Finally, Wall Street Zen upgraded shares of Clean Harbors from a "hold" rating to a "buy" rating in a report on Thursday, May 1st. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $257.67.

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.