Toronto Dominion Bank Invests $3.30 Million in Clean Harbors, Inc. (NYSE:CLH)

Toronto Dominion Bank purchased a new position in Clean Harbors, Inc. (NYSE:CLH - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 14,319 shares of the business services provider's stock, valued at approximately $3,295,000.

A number of other institutional investors have also made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Clean Harbors by 0.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 395,276 shares of the business services provider's stock valued at $90,969,000 after purchasing an additional 3,284 shares during the period. Voloridge Investment Management LLC bought a new position in shares of Clean Harbors during the fourth quarter worth $543,000. Williams Jones Wealth Management LLC. boosted its position in shares of Clean Harbors by 148.0% during the fourth quarter. Williams Jones Wealth Management LLC. now owns 50,459 shares of the business services provider's stock worth $11,613,000 after purchasing an additional 30,111 shares in the last quarter. Zurich Insurance Group Ltd FI grew its holdings in shares of Clean Harbors by 21.7% in the 4th quarter. Zurich Insurance Group Ltd FI now owns 520,910 shares of the business services provider's stock valued at $119,882,000 after buying an additional 92,785 shares during the period. Finally, Twinbeech Capital LP bought a new stake in shares of Clean Harbors in the 4th quarter valued at $1,013,000. 90.43% of the stock is owned by institutional investors and hedge funds.

Clean Harbors Stock Down 0.3%

NYSE CLH traded down $0.79 during trading on Monday, hitting $226.00. The stock had a trading volume of 169,508 shares, compared to its average volume of 349,608. Clean Harbors, Inc. has a 12 month low of $178.29 and a 12 month high of $267.11. 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 company's 50-day moving average price is $212.71 and its two-hundred day moving average price is $223.58. The company has a market capitalization of $12.11 billion, a PE ratio of 30.46 and a beta of 1.19.

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, topping analysts' consensus estimates of $1.02 by $0.07. The business had revenue of $1.43 billion for the quarter, compared to analyst estimates 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 for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.29 earnings per share. As a group, sell-side analysts forecast that Clean Harbors, Inc. will post 7.89 EPS for the current year.

Insider Buying and Selling at Clean Harbors

In other Clean Harbors news, insider Robert Speights sold 2,725 shares of Clean Harbors stock in a transaction on Monday, March 10th. The shares were sold at an average price of $190.44, for a total transaction 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. The trade was a 6.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John R. Welch sold 1,250 shares of the firm's stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of $228.51, for a total transaction of $285,637.50. Following the sale, the director now owns 11,402 shares of the company's stock, valued at $2,605,471.02. This trade represents a 9.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,833 shares of company stock worth $1,227,181 over the last ninety days. 5.60% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have weighed in on CLH shares. Stifel Nicolaus reduced their target price on Clean Harbors from $290.00 to $285.00 and set a "buy" rating on the stock in a report on Thursday, February 20th. Oppenheimer cut their price objective on Clean Harbors from $256.00 to $254.00 and set an "outperform" rating on the stock in a report on Thursday, February 20th. UBS Group decreased their price objective on Clean Harbors from $240.00 to $205.00 and set a "neutral" rating for the company in a research report on Friday, April 11th. BMO Capital Markets dropped their target price on shares of Clean Harbors from $284.00 to $270.00 and set an "outperform" rating on the stock in a report on Thursday, February 20th. Finally, Truist Financial cut their price target on shares of Clean Harbors from $270.00 to $250.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $257.67.

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.