Impax Asset Management Group plc Acquires 48,447 Shares of Clean Harbors, Inc. (NYSE:CLH)

Impax Asset Management Group plc lifted its holdings in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 11.1% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 483,253 shares of the business services provider's stock after buying an additional 48,447 shares during the period. Impax Asset Management Group plc owned about 0.89% of Clean Harbors worth $94,002,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Kapitalo Investimentos Ltda acquired a new position in shares of Clean Harbors during the 4th quarter worth $32,000. Skandinaviska Enskilda Banken AB publ raised its holdings 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 buying an additional 159 shares in the last quarter. Assetmark Inc. raised 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 worth $48,000 after buying an additional 205 shares in the last quarter. Physician Wealth Advisors Inc. acquired a new position in shares of Clean Harbors during the 4th quarter worth $56,000. Finally, Carolinas Wealth Consulting LLC raised its holdings in shares of Clean Harbors by 2,800.0% during the 4th quarter. Carolinas Wealth Consulting LLC now owns 261 shares of the business services provider's stock worth $60,000 after buying an additional 252 shares in the last quarter. Institutional investors and hedge funds own 90.43% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on CLH shares. The Goldman Sachs Group lowered their target price on Clean Harbors from $250.00 to $220.00 and set a "neutral" rating for the company in a report on Wednesday, March 19th. Wall Street Zen upgraded Clean Harbors from a "hold" rating to a "buy" rating in a report on Thursday, May 1st. UBS Group dropped 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. Robert W. Baird lifted their target price 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. Finally, Needham & Company LLC reduced their target price on shares of Clean Harbors from $268.00 to $255.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. Two investment 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, the company presently has an average rating of "Moderate Buy" and a consensus price target of $257.67.

Clean Harbors Trading Up 1.7%

CLH stock traded up $3.81 during midday trading on Friday, hitting $234.15. The company had a trading volume of 332,433 shares, compared to its average volume of 352,050. 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 52 week low of $178.29 and a 52 week high of $267.11. The stock's 50 day moving average price is $226.66 and its 200 day moving average price is $219.91. The stock has a market cap of $12.55 billion, a price-to-earnings ratio of 32.43 and a beta of 1.16.

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. 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 during the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the previous year, the company posted $1.29 earnings per share. The business's revenue was up 4.0% on a year-over-year basis. As a group, equities research analysts expect that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Clean Harbors news, Director Alison A. Quirk sold 893 shares of the stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $223.69, for a total value of $199,755.17. Following the completion of the transaction, the director owned 2,978 shares in the company, valued at approximately $666,148.82. This represents a 23.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Robert Speights sold 1,022 shares of the firm's stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $228.49, for a total value of $233,516.78. Following the transaction, the insider owned 16,310 shares of the company's stock, valued at $3,726,671.90. The trade was a 5.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 15,112 shares of company stock valued at $3,416,406 in the last 90 days. Corporate insiders own 5.60% of the company's stock.

About Clean Harbors

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.