Asset Management One Co. Ltd. Has $19.99 Million Position in Clean Harbors, Inc. (NYSE:CLH)

Asset Management One Co. Ltd. raised its position in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 18.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 101,417 shares of the business services provider's stock after buying an additional 15,907 shares during the period. Asset Management One Co. Ltd. owned 0.19% of Clean Harbors worth $19,990,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kapitalo Investimentos Ltda acquired a new position in shares of Clean Harbors during the fourth quarter worth approximately $32,000. Skandinaviska Enskilda Banken AB publ increased 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 purchasing an additional 159 shares in the last quarter. Allworth Financial LP increased its position 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 worth $44,000 after acquiring an additional 103 shares in the last quarter. Assetmark Inc. increased 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 acquiring an additional 205 shares in the last quarter. Finally, Blue Trust Inc. increased its position in shares of Clean Harbors by 25.8% during the first quarter. Blue Trust Inc. now owns 273 shares of the business services provider's stock worth $54,000 after acquiring an additional 56 shares in the last quarter. 90.43% of the stock is currently owned by institutional investors and hedge funds.

Clean Harbors Price Performance

CLH stock traded up $0.83 during mid-day trading on Friday, hitting $231.08. The stock had a trading volume of 506,531 shares, compared to its average volume of 351,591. The firm has a market capitalization of $12.38 billion, a P/E ratio of 32.01 and a beta of 1.17. The company has a current ratio of 2.37, a quick ratio of 1.98 and a debt-to-equity ratio of 1.08. The firm has a fifty day simple moving average of $224.42 and a 200 day simple moving average of $220.19. 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 results on Wednesday, April 30th. The business services provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.07. The company had revenue of $1.43 billion for 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 was up 4.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.29 EPS. As a group, research analysts forecast that Clean Harbors, Inc. will post 7.89 EPS for the current year.

Insider Buying and Selling

In other news, Director Alison A. Quirk sold 893 shares of the business's stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $223.69, for a total value of $199,755.17. Following the transaction, the director now owns 2,978 shares in the company, valued at approximately $666,148.82. The trade was a 23.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Brian P. Weber sold 3,035 shares of the business's stock in a transaction on Friday, June 13th. The shares were sold at an average price of $227.17, for a total transaction of $689,460.95. Following the transaction, the executive vice president now owns 54,548 shares in the company, valued at $12,391,669.16. The trade was a 5.27% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,112 shares of company stock worth $3,416,406 in the last ninety days. Company insiders own 5.60% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently commented on CLH shares. Needham & Company LLC reduced their target price on shares of Clean Harbors from $268.00 to $255.00 and set a "buy" rating for the company in a report on Thursday, May 1st. Truist Financial cut their target price on shares of Clean Harbors from $270.00 to $250.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. UBS Group lowered their price target on shares of Clean Harbors from $240.00 to $205.00 and set a "neutral" rating on the stock in a research report on Friday, April 11th. The Goldman Sachs Group lowered their price target on shares of Clean Harbors from $250.00 to $220.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 19th. Finally, Robert W. Baird raised their price target on shares of Clean Harbors from $250.00 to $255.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price 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.