Fuller & Thaler Asset Management Inc. Cuts Stock Position in Clean Harbors, Inc. (NYSE:CLH)

Fuller & Thaler Asset Management Inc. cut its holdings in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 13.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 161,365 shares of the business services provider's stock after selling 24,350 shares during the quarter. Fuller & Thaler Asset Management Inc. owned approximately 0.30% of Clean Harbors worth $37,137,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in CLH. Skandinaviska Enskilda Banken AB publ increased its holdings in shares of Clean Harbors by 2,650.0% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 165 shares of the business services provider's stock valued at $38,000 after acquiring an additional 159 shares during the period. Allworth Financial LP boosted its stake 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 acquiring an additional 103 shares in the last quarter. Assetmark Inc. increased its position in shares of Clean Harbors by 10,250.0% during the fourth quarter. Assetmark Inc. now owns 207 shares of the business services provider's stock worth $48,000 after purchasing an additional 205 shares in the last quarter. Physician Wealth Advisors Inc. purchased a new stake in shares of Clean Harbors during the 4th quarter valued at $56,000. Finally, UMB Bank n.a. grew its stake in Clean Harbors by 30.8% during the 4th quarter. UMB Bank n.a. now owns 280 shares of the business services provider's stock worth $64,000 after buying an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 90.43% of the company's stock.

Insider Transactions at Clean Harbors

In related news, insider Robert Speights sold 2,725 shares of the firm's stock in a transaction that occurred 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 transaction, the insider now owns 40,008 shares in the company, valued at $7,619,123.52. This trade represents a 6.38 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Eric J. Dugas bought 1,050 shares of the stock in a transaction dated Monday, March 10th. The shares were acquired at an average price of $191.38 per share, for a total transaction of $200,949.00. Following the completion of the transaction, the chief financial officer now owns 24,238 shares of the company's stock, valued at approximately $4,638,668.44. The trade was a 4.53 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 5.60% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. BMO Capital Markets lowered their price target on Clean Harbors from $284.00 to $270.00 and set an "outperform" rating for the company in a report on Thursday, February 20th. Robert W. Baird cut their price objective on shares of Clean Harbors from $285.00 to $272.00 and set an "outperform" rating on the stock in a research note on Thursday, February 20th. Oppenheimer lowered their price objective on Clean Harbors from $256.00 to $254.00 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. The Goldman Sachs Group reduced their target price on Clean Harbors from $250.00 to $220.00 and set a "neutral" rating for the company in a research note on Wednesday, March 19th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $268.00 target price on shares of Clean Harbors in a research note on Thursday, February 20th. Three research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $258.40.

Clean Harbors Trading Down 1.6 %

NYSE CLH traded down $3.34 during trading hours on Wednesday, reaching $210.75. The company had a trading volume of 283,091 shares, compared to its average volume of 347,399. 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 stock has a market capitalization of $11.42 billion, a P/E ratio of 28.40 and a beta of 1.11. The stock has a 50-day moving average of $201.11 and a 200 day moving average of $228.10. Clean Harbors, Inc. has a 1-year low of $178.29 and a 1-year high of $267.11.

Clean Harbors (NYSE:CLH - Get Free Report) last issued its quarterly earnings results 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 for the quarter, compared to analysts' expectations of $1.44 billion. Clean Harbors had a net margin of 6.83% and a return on equity of 16.33%. The business's quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.29 earnings per share. As a group, research analysts anticipate that Clean Harbors, Inc. will post 7.89 earnings per share 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.