Two Sigma Advisers LP Has $9.02 Million Holdings in Clean Harbors, Inc. (NYSE:CLH)

Two Sigma Advisers LP increased its holdings in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 51.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,200 shares of the business services provider's stock after purchasing an additional 13,307 shares during the quarter. Two Sigma Advisers LP owned 0.07% of Clean Harbors worth $9,021,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in CLH. Barclays PLC raised its holdings in shares of Clean Harbors by 44.5% in the 3rd quarter. Barclays PLC now owns 28,056 shares of the business services provider's stock worth $6,781,000 after purchasing an additional 8,639 shares in the last quarter. UMB Bank n.a. raised its holdings in shares of Clean Harbors by 30.8% in the 4th quarter. UMB Bank n.a. now owns 280 shares of the business services provider's stock worth $64,000 after purchasing an additional 66 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of Clean Harbors by 330.7% during the fourth quarter. SG Americas Securities LLC now owns 12,163 shares of the business services provider's stock valued at $2,799,000 after acquiring an additional 9,339 shares during the period. Traynor Capital Management Inc. raised its holdings in shares of Clean Harbors by 3.6% during the fourth quarter. Traynor Capital Management Inc. now owns 1,450 shares of the business services provider's stock valued at $334,000 after acquiring an additional 50 shares during the period. Finally, Blue Trust Inc. raised its holdings in shares of Clean Harbors by 15.7% during the fourth quarter. Blue Trust Inc. now owns 441 shares of the business services provider's stock valued at $107,000 after acquiring an additional 60 shares during the period. 90.43% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

CLH has been the topic of a number of recent analyst reports. BMO Capital Markets cut their price target 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. 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 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 on the stock in a research note on Friday, April 11th. The Goldman Sachs Group dropped 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, Robert W. Baird upped their price objective on shares of Clean Harbors from $250.00 to $255.00 and gave the company an "outperform" rating in a research note on Thursday, May 1st. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $257.67.

Insider Buying and Selling

In related news, insider Robert Speights sold 2,725 shares of the company's 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 in the company, valued at $7,619,123.52. This represents a 6.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Eric J. Dugas bought 1,050 shares of the business's stock in a transaction that occurred on Monday, March 10th. The shares were bought at an average price of $191.38 per share, with a total value of $200,949.00. Following the completion of the purchase, the chief financial officer now owns 24,238 shares in the company, valued at approximately $4,638,668.44. The trade was a 4.53% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders sold 5,833 shares of company stock valued at $1,227,181. Company insiders own 5.60% of the company's stock.

Clean Harbors Stock Performance

Shares of NYSE CLH traded down $2.05 during trading hours on Thursday, hitting $224.76. 35,836 shares of the stock were exchanged, compared to its average volume of 349,518. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.21 and a quick ratio of 1.76. The company's 50 day moving average is $211.68 and its 200 day moving average is $224.51. The firm has a market capitalization of $12.04 billion, a P/E ratio of 30.24 and a beta of 1.19. Clean Harbors, Inc. has a one year low of $178.29 and a one year high of $267.11.

Clean Harbors (NYSE:CLH - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The business services provider reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.07. The business 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%. Clean Harbors's quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.29 EPS. On average, research analysts expect that Clean Harbors, Inc. will post 7.89 EPS for the current year.

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.