Nomura Holdings Inc. Purchases New Shares in Clean Harbors, Inc. (NYSE:CLH)

Nomura Holdings Inc. purchased a new stake in Clean Harbors, Inc. (NYSE:CLH - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 6,723 shares of the business services provider's stock, valued at approximately $1,547,000.

Several other large investors have also made changes to their positions in the company. Kapitalo Investimentos Ltda acquired a new position in Clean Harbors during the 4th quarter valued at about $32,000. Skandinaviska Enskilda Banken AB publ lifted its holdings in Clean Harbors by 2,650.0% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 165 shares of the business services provider's stock valued at $38,000 after buying an additional 159 shares during the period. Allworth Financial LP lifted its holdings in Clean Harbors by 130.4% in the fourth quarter. Allworth Financial LP now owns 182 shares of the business services provider's stock valued at $44,000 after buying an additional 103 shares during the period. 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 during the last quarter. Finally, Physician Wealth Advisors Inc. bought a new stake in shares of Clean Harbors during the 4th quarter valued at $56,000. Institutional investors and hedge funds own 90.43% of the company's stock.

Insider Buying and Selling

In related news, CFO Eric J. Dugas bought 1,050 shares of the business's stock in a transaction dated Monday, March 10th. The stock was bought at an average price of $191.38 per share, for a total transaction of $200,949.00. Following the purchase, the chief financial officer now owns 24,238 shares in the company, valued at $4,638,668.44. This represents a 4.53% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert Speights sold 2,725 shares of Clean Harbors stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $190.44, for a total transaction of $518,949.00. Following the sale, the insider now directly owns 40,008 shares of the company's stock, valued at $7,619,123.52. The trade was a 6.38% decrease in their position. The disclosure for this sale can be found here. 5.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently issued reports on CLH shares. UBS Group reduced their price target on Clean Harbors from $240.00 to $205.00 and set a "neutral" rating on the stock in a research report on Friday, April 11th. StockNews.com upgraded Clean Harbors from a "hold" rating to a "buy" rating in a research report on Thursday, May 1st. Needham & Company LLC cut their price target on shares of Clean Harbors from $268.00 to $255.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. The Goldman Sachs Group reduced their price objective 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. Finally, Oppenheimer lowered 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. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $257.67.

Clean Harbors Stock Down 2.3%

Shares of Clean Harbors stock traded down $5.40 during trading on Wednesday, reaching $228.10. The stock had a trading volume of 224,590 shares, compared to its average volume of 349,215. The company has a current ratio of 2.21, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $12.22 billion, a price-to-earnings ratio of 30.74 and a beta of 1.19. The stock has a fifty day moving average price of $207.85 and a two-hundred day moving average price of $225.33. Clean Harbors, Inc. has a 52 week low of $178.29 and a 52 week 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 EPS for the quarter, beating the consensus estimate of $1.02 by $0.07. The firm had revenue of $1.43 billion for the quarter, compared to analysts' expectations of $1.44 billion. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. The business's quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.29 EPS. Sell-side analysts predict that Clean Harbors, Inc. will post 7.89 EPS for the current fiscal year.

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.