Natixis Advisors LLC Has $13.40 Million Position in Clean Harbors, Inc. (NYSE:CLH)

Natixis Advisors LLC lessened its position in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 13.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 67,996 shares of the business services provider's stock after selling 10,263 shares during the quarter. Natixis Advisors LLC owned about 0.13% of Clean Harbors worth $13,402,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kapitalo Investimentos Ltda purchased a new stake in Clean Harbors in the 4th quarter valued at $32,000. Banque Cantonale Vaudoise acquired a new position in Clean Harbors during the 1st quarter worth about $48,000. Blue Trust Inc. grew its stake in Clean Harbors by 25.8% during the 1st quarter. Blue Trust Inc. now owns 273 shares of the business services provider's stock worth $54,000 after purchasing an additional 56 shares in the last quarter. Carolinas Wealth Consulting LLC grew its stake in 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 purchasing an additional 252 shares in the last quarter. Finally, UMB Bank n.a. grew its stake in Clean Harbors by 24.6% during the 1st quarter. UMB Bank n.a. now owns 349 shares of the business services provider's stock worth $69,000 after purchasing an additional 69 shares in the last quarter. Hedge funds and other institutional investors own 90.43% of the company's stock.

Insider Buying and Selling at Clean Harbors

In other Clean Harbors news, EVP Brian P. Weber sold 3,035 shares of the company's stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $227.17, for a total value of $689,460.95. Following the completion of the sale, the executive vice president directly owned 54,548 shares in the company, valued at $12,391,669.16. This represents a 5.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Michael Louis Battles purchased 2,000 shares of the company's stock in a transaction dated Friday, August 1st. The stock was bought at an average cost of $233.50 per share, for a total transaction of $467,000.00. Following the completion of the purchase, the chief executive officer directly owned 82,911 shares of the company's stock, valued at $19,359,718.50. The trade was a 2.47% increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 15,948 shares of company stock valued at $3,611,729. 5.60% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on CLH. UBS Group increased their price objective on Clean Harbors from $220.00 to $240.00 and gave the company a "neutral" rating in a report on Thursday, July 31st. Truist Financial decreased their price objective on Clean Harbors from $270.00 to $250.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Wall Street Zen raised Clean Harbors from a "hold" rating to a "buy" rating in a research note on Thursday, May 1st. Robert W. Baird increased their target price on Clean Harbors from $250.00 to $255.00 and gave the stock an "outperform" rating in a research note on Thursday, May 1st. Finally, BMO Capital Markets set a $268.00 price objective on Clean Harbors and gave the company an "outperform" rating in a research note on Thursday, July 31st. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $263.40.

Clean Harbors Trading Down 0.4%

Shares of CLH stock traded down $1.00 during mid-day trading on Thursday, hitting $241.40. 186,118 shares of the company's stock were exchanged, compared to its average volume of 424,155. Clean Harbors, Inc. has a fifty-two week low of $178.29 and a fifty-two week high of $267.11. The stock has a market cap of $12.95 billion, a price-to-earnings ratio of 33.88 and a beta of 1.18. The company has a quick ratio of 2.07, a current ratio of 2.45 and a debt-to-equity ratio of 1.02. The stock has a 50-day simple moving average of $230.12 and a two-hundred day simple moving average of $220.25.

Clean Harbors (NYSE:CLH - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The business services provider reported $2.36 EPS for the quarter, topping analysts' consensus estimates of $2.33 by $0.03. The company had revenue of $1.55 billion for the quarter, compared to analysts' expectations of $1.59 billion. Clean Harbors had a return on equity of 14.82% and a net margin of 6.48%. The firm's quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.46 earnings per share. Equities analysts expect that Clean Harbors, Inc. will post 7.89 EPS for the current fiscal year.

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.