Fort Washington Investment Advisors Inc. OH Raises Stock Position in Clean Harbors, Inc. (NYSE:CLH)

Fort Washington Investment Advisors Inc. OH boosted its holdings in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 16.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 109,425 shares of the business services provider's stock after buying an additional 15,620 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned approximately 0.20% of Clean Harbors worth $21,568,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Deutsche Bank AG increased its holdings in Clean Harbors by 1.0% in the fourth quarter. Deutsche Bank AG now owns 5,793 shares of the business services provider's stock valued at $1,333,000 after buying an additional 56 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in Clean Harbors by 39.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,846 shares of the business services provider's stock valued at $425,000 after acquiring an additional 523 shares in the last quarter. Assetmark Inc. boosted its stake in Clean Harbors by 10,250.0% in the fourth quarter. Assetmark Inc. now owns 207 shares of the business services provider's stock valued at $48,000 after acquiring an additional 205 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Clean Harbors by 3.4% in the fourth quarter. JPMorgan Chase & Co. now owns 194,218 shares of the business services provider's stock valued at $44,697,000 after acquiring an additional 6,313 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its stake in Clean Harbors by 6.4% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,283 shares of the business services provider's stock valued at $295,000 after acquiring an additional 77 shares in the last quarter. Hedge funds and other institutional investors own 90.43% of the company's stock.

Insider Activity at Clean Harbors

In other Clean Harbors news, Director John R. Welch sold 1,250 shares of the stock in a transaction dated Wednesday, May 28th. The shares were sold at an average price of $228.51, for a total value of $285,637.50. Following the completion of the transaction, the director now directly owns 11,402 shares of the company's stock, valued at approximately $2,605,471.02. This trade represents a 9.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Lauren States sold 836 shares of the stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $226.17, for a total transaction of $189,078.12. Following the completion of the transaction, the director now directly owns 11,871 shares of the company's stock, valued at approximately $2,684,864.07. This trade represents a 6.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 15,112 shares of company stock worth $3,416,406 over the last 90 days. Company insiders own 5.60% of the company's stock.

Clean Harbors Stock Performance

NYSE:CLH traded down $0.00 during mid-day trading on Monday, reaching $226.86. The stock had a trading volume of 187,848 shares, compared to its average volume of 350,441. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.76 and a current ratio of 2.21. The firm has a market capitalization of $12.16 billion, a price-to-earnings ratio of 30.57 and a beta of 1.17. Clean Harbors, Inc. has a twelve month low of $178.29 and a twelve month high of $267.11. The business has a 50 day simple moving average of $219.64 and a 200 day simple moving average of $221.50.

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 firm 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 firm's revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.29 earnings per share. On average, analysts expect that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. BMO Capital Markets decreased their price objective on shares of Clean Harbors from $284.00 to $270.00 and set an "outperform" rating for the company in a research note on Thursday, February 20th. Robert W. Baird increased their target price on shares of Clean Harbors from $250.00 to $255.00 and gave the stock an "outperform" rating in a research note on Thursday, May 1st. Oppenheimer decreased their target price on shares of Clean Harbors from $256.00 to $254.00 and set an "outperform" rating for the company in a research note on Thursday, February 20th. UBS Group decreased their target price on shares of Clean Harbors from $240.00 to $205.00 and set a "neutral" rating for the company in a research note on Friday, April 11th. Finally, Wall Street Zen upgraded shares of Clean Harbors from a "hold" rating to a "buy" rating in a research note on Thursday, May 1st. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target 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.