Clean Harbors, Inc. (NYSE:CLH) Shares Sold by State of Wyoming

State of Wyoming cut its holdings in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 19.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,792 shares of the business services provider's stock after selling 1,148 shares during the quarter. State of Wyoming's holdings in Clean Harbors were worth $1,103,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Reliant Investment Management LLC purchased a new stake in Clean Harbors in the fourth quarter valued at approximately $4,386,000. Mountain Pacific Investment Advisers LLC grew its stake in shares of Clean Harbors by 4.5% during the 4th quarter. Mountain Pacific Investment Advisers LLC now owns 99,039 shares of the business services provider's stock valued at $22,793,000 after buying an additional 4,240 shares during the period. Barclays PLC increased its holdings in shares of Clean Harbors by 44.5% during the 3rd quarter. Barclays PLC now owns 28,056 shares of the business services provider's stock worth $6,781,000 after buying an additional 8,639 shares during the last quarter. Fort Washington Investment Advisors Inc. OH raised its position in shares of Clean Harbors by 20.8% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 93,805 shares of the business services provider's stock worth $21,588,000 after buying an additional 16,170 shares during the period. Finally, Pacer Advisors Inc. boosted its holdings in Clean Harbors by 29.0% in the fourth quarter. Pacer Advisors Inc. now owns 9,636 shares of the business services provider's stock valued at $2,218,000 after acquiring an additional 2,165 shares during the last quarter. 90.43% of the stock is owned by institutional investors and hedge funds.

Clean Harbors Price Performance

CLH stock opened at $232.70 on Friday. The stock's 50 day moving average is $206.23 and its two-hundred day moving average is $225.32. Clean Harbors, Inc. has a 52-week low of $178.29 and a 52-week high of $267.11. The company has a market capitalization of $12.47 billion, a PE ratio of 31.36 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 (NYSE:CLH - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The business services provider reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.07. The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.44 billion. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. Clean Harbors's quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.29 earnings per share. Analysts predict that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on CLH shares. StockNews.com upgraded Clean Harbors from a "hold" rating to a "buy" rating in a research note on Thursday, May 1st. Oppenheimer cut their price target on shares of Clean Harbors from $256.00 to $254.00 and set an "outperform" rating on the stock in a report on Thursday, February 20th. 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 research note on Tuesday, April 22nd. Stifel Nicolaus cut 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 note on Thursday, February 20th. Finally, The Goldman Sachs Group decreased their price target on shares of Clean Harbors from $250.00 to $220.00 and set a "neutral" rating for the company in a research report on Wednesday, March 19th. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Clean Harbors presently has a consensus rating of "Moderate Buy" and an average price target of $257.67.

Insider Transactions at Clean Harbors

In related news, insider Robert Speights sold 2,725 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $190.44, for a total value of $518,949.00. Following the completion of the transaction, the insider now directly owns 40,008 shares of the company's stock, valued at $7,619,123.52. This represents a 6.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Eric J. Dugas acquired 1,050 shares of the business's stock in a transaction that occurred on Monday, March 10th. The shares were bought at an average price of $191.38 per share, for a total transaction of $200,949.00. Following the completion of the purchase, the chief financial officer now owns 24,238 shares of the company's stock, valued at approximately $4,638,668.44. This represents a 4.53% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 5.60% of the company's stock.

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.

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