UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 3,284 Shares of Clean Harbors, Inc. (NYSE:CLH)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 0.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 395,276 shares of the business services provider's stock after acquiring an additional 3,284 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.73% of Clean Harbors worth $90,969,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CLH. Vanguard Group Inc. grew its holdings in shares of Clean Harbors by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 4,659,064 shares of the business services provider's stock worth $1,072,237,000 after purchasing an additional 11,814 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of Clean Harbors by 17.2% during the fourth quarter. Wellington Management Group LLP now owns 4,044,092 shares of the business services provider's stock valued at $930,707,000 after purchasing an additional 592,341 shares during the period. Select Equity Group L.P. boosted its stake in shares of Clean Harbors by 4.8% during the fourth quarter. Select Equity Group L.P. now owns 1,751,478 shares of the business services provider's stock valued at $403,085,000 after purchasing an additional 80,436 shares during the period. Pictet Asset Management Holding SA boosted its stake in shares of Clean Harbors by 72.6% during the fourth quarter. Pictet Asset Management Holding SA now owns 1,658,128 shares of the business services provider's stock valued at $381,602,000 after purchasing an additional 697,630 shares during the period. Finally, Janus Henderson Group PLC boosted its stake in shares of Clean Harbors by 0.8% during the fourth quarter. Janus Henderson Group PLC now owns 1,612,082 shares of the business services provider's stock valued at $371,002,000 after purchasing an additional 13,167 shares during the period. 90.43% of the stock is currently owned by institutional investors.

Insider Activity

In other news, insider Robert Speights sold 2,725 shares of the firm's stock in a transaction on Monday, March 10th. The stock was 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 trade represents a 6.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lauren States sold 836 shares of the firm's stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $226.17, for a total value of $189,078.12. Following the transaction, the director now owns 11,871 shares of the company's stock, valued at $2,684,864.07. The trade was a 6.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,833 shares of company stock worth $1,227,181 over the last three months. 5.60% of the stock is currently owned by corporate insiders.

Clean Harbors Stock Down 0.8%

CLH traded down $1.73 during trading on Thursday, reaching $225.09. The stock had a trading volume of 51,926 shares, compared to its average volume of 349,572. The stock's 50 day moving average is $211.68 and its two-hundred day moving average is $224.51. 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 $12.06 billion, a price-to-earnings ratio of 30.33 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 analysts' consensus estimates 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 return on equity of 16.33% and a net margin of 6.83%. The firm's quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.29 earnings per share. As a group, analysts expect that Clean Harbors, Inc. will post 7.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

CLH has been the subject of a number of analyst reports. Wall Street Zen raised Clean Harbors from a "hold" rating to a "buy" rating in a research note on Thursday, May 1st. BMO Capital Markets dropped their price objective on Clean Harbors from $284.00 to $270.00 and set an "outperform" rating for the company in a research note on Thursday, February 20th. Oppenheimer dropped their price objective on Clean Harbors from $256.00 to $254.00 and set an "outperform" rating for the company in a research note on Thursday, February 20th. Stifel Nicolaus dropped their price target on Clean Harbors from $290.00 to $285.00 and set a "buy" rating for the company in a research note on Thursday, February 20th. Finally, Needham & Company LLC dropped their price target on Clean Harbors from $268.00 to $255.00 and set a "buy" rating for the company in a research note on Thursday, May 1st. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $257.67.

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.