Border to Coast Pensions Partnership Ltd Has $14.78 Million Holdings in Clean Harbors, Inc. (NYSE:CLH)

Border to Coast Pensions Partnership Ltd lifted its stake in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 275.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 75,000 shares of the business services provider's stock after purchasing an additional 55,000 shares during the quarter. Border to Coast Pensions Partnership Ltd owned about 0.14% of Clean Harbors worth $14,782,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of CLH. Kapitalo Investimentos Ltda purchased a new stake in Clean Harbors in the fourth quarter valued at approximately $32,000. Skandinaviska Enskilda Banken AB publ grew its stake in shares of Clean Harbors by 2,650.0% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 165 shares of the business services provider's stock worth $38,000 after purchasing an additional 159 shares during the period. Assetmark Inc. increased its holdings in shares of Clean Harbors by 10,250.0% during the 4th quarter. Assetmark Inc. now owns 207 shares of the business services provider's stock valued at $48,000 after purchasing an additional 205 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of Clean Harbors by 25.8% in the 1st quarter. Blue Trust Inc. now owns 273 shares of the business services provider's stock valued at $54,000 after purchasing an additional 56 shares during the period. Finally, Physician Wealth Advisors Inc. purchased a new stake in Clean Harbors during the fourth quarter worth $56,000. 90.43% of the stock is currently owned by institutional investors and hedge funds.

Clean Harbors Stock Performance

CLH traded up $0.24 on Monday, hitting $231.29. 222,627 shares of the company's stock were exchanged, compared to its average volume of 351,081. The stock has a fifty day moving average of $224.42 and a two-hundred day moving average of $220.19. The firm has a market cap of $12.39 billion, a PE ratio of 32.03 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. Clean Harbors, Inc. has a twelve month low of $178.29 and a twelve month high of $267.11.

Clean Harbors (NYSE:CLH - Get Free Report) last released its earnings results on Wednesday, April 30th. The business services provider reported $1.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.02 by $0.07. Clean Harbors had a return on equity of 15.47% and a net margin of 6.58%. The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.44 billion. During the same period in the previous year, the company earned $1.29 earnings per share. Clean Harbors's revenue was up 4.0% compared to the same quarter last year. On average, research analysts anticipate that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

Insider Activity

In other Clean Harbors news, Director Lauren States sold 836 shares of the company's stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $226.17, for a total value of $189,078.12. Following the completion of the sale, the director now owns 11,871 shares of the company's stock, valued at approximately $2,684,864.07. This represents a 6.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Brian P. Weber sold 3,035 shares of Clean Harbors stock in a transaction on Friday, June 13th. The stock was sold at an average price of $227.17, for a total transaction of $689,460.95. Following the transaction, the executive vice president now directly owns 54,548 shares of the company's stock, valued at approximately $12,391,669.16. This trade represents a 5.27% decrease in their ownership of the stock. 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. Corporate insiders own 5.60% of the company's stock.

Analysts Set New Price Targets

CLH has been the topic of several research analyst reports. Needham & Company LLC dropped their price objective on Clean Harbors from $268.00 to $255.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. Robert W. Baird lifted their target price on shares of Clean Harbors from $250.00 to $255.00 and gave the company an "outperform" rating in a research report on Thursday, May 1st. UBS Group lowered 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. Wall Street Zen raised Clean Harbors from a "hold" rating to a "buy" rating in a research note on Thursday, May 1st. Finally, The Goldman Sachs Group lowered their target price on shares of Clean Harbors from $250.00 to $220.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 19th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Clean Harbors presently has an average rating of "Moderate Buy" and a consensus target price of $257.67.

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.