MetLife Investment Management LLC Has $6.57 Million Stock Holdings in Clean Harbors, Inc. (NYSE:CLH)

MetLife Investment Management LLC grew its position in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 8.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 28,566 shares of the business services provider's stock after acquiring an additional 2,340 shares during the quarter. MetLife Investment Management LLC owned about 0.05% of Clean Harbors worth $6,574,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Skandinaviska Enskilda Banken AB publ boosted its stake in Clean Harbors by 2,650.0% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 165 shares of the business services provider's stock valued at $38,000 after purchasing an additional 159 shares during the period. Allworth Financial LP increased its position in Clean Harbors by 130.4% in the 4th 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 during the period. Assetmark Inc. raised its stake in Clean Harbors by 10,250.0% during the 4th quarter. Assetmark Inc. now owns 207 shares of the business services provider's stock valued at $48,000 after acquiring an additional 205 shares in the last quarter. Physician Wealth Advisors Inc. acquired a new position in Clean Harbors during the 4th quarter worth $56,000. Finally, UMB Bank n.a. grew its stake in shares of Clean Harbors by 30.8% in the fourth 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. Institutional investors own 90.43% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on CLH. Robert W. Baird decreased their target price on shares of Clean Harbors from $285.00 to $272.00 and set an "outperform" rating for the company in a research report on Thursday, February 20th. Stifel Nicolaus lowered their price objective on shares of Clean Harbors from $290.00 to $285.00 and set a "buy" rating on the stock in a research note on Thursday, February 20th. Needham & Company LLC reaffirmed a "buy" rating and set a $268.00 price target on shares of Clean Harbors in a research note on Thursday, February 20th. UBS Group dropped their price objective on Clean Harbors from $240.00 to $205.00 and set a "neutral" rating on the stock in a research note on Friday, April 11th. Finally, StockNews.com cut Clean Harbors from a "buy" rating to a "hold" rating in a research note on Friday, April 18th. Three analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $258.40.

Insider Buying and Selling

In other news, Director Lauren States sold 308 shares of the firm's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $228.79, for a total transaction of $70,467.32. Following the completion of the sale, the director now directly owns 11,918 shares of the company's stock, valued at $2,726,719.22. This trade represents a 2.52 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Eric J. Dugas purchased 1,050 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was purchased at an average cost of $191.38 per share, with a total value 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 disclosure for this purchase can be found here. 5.60% of the stock is owned by corporate insiders.

Clean Harbors Trading Down 0.4 %

Clean Harbors stock traded down $0.78 during midday trading on Monday, reaching $211.16. The stock had a trading volume of 69,705 shares, compared to its average volume of 345,612. Clean Harbors, Inc. has a twelve month low of $178.29 and a twelve month high of $267.11. 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 firm has a market cap of $11.45 billion, a price-to-earnings ratio of 28.50 and a beta of 1.11. The firm's fifty day simple moving average is $201.24 and its two-hundred day simple moving average is $228.52.

Clean Harbors (NYSE:CLH - Get Free Report) last released its earnings results on Wednesday, February 19th. The business services provider reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.19. The company had revenue of $1.43 billion for the quarter, compared to analysts' expectations of $1.43 billion. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. The business's revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.82 EPS. Equities analysts anticipate that Clean Harbors, Inc. will post 7.89 EPS 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.