Numerai GP LLC Has $2.04 Million Holdings in Clean Harbors, Inc. (NYSE:CLH)

Numerai GP LLC increased its stake in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 284.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,847 shares of the business services provider's stock after buying an additional 6,545 shares during the quarter. Numerai GP LLC's holdings in Clean Harbors were worth $2,036,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Traynor Capital Management Inc. boosted its position in shares of Clean Harbors by 3.6% during the 4th quarter. Traynor Capital Management Inc. now owns 1,450 shares of the business services provider's stock valued at $334,000 after purchasing an additional 50 shares in the last quarter. Williamson Legacy Group LLC boosted its holdings in shares of Clean Harbors by 1.4% in the fourth quarter. Williamson Legacy Group LLC now owns 3,727 shares of the business services provider's stock worth $858,000 after buying an additional 53 shares during the period. Deutsche Bank AG boosted its holdings in shares of Clean Harbors by 1.0% during the fourth quarter. Deutsche Bank AG now owns 5,793 shares of the business services provider's stock worth $1,333,000 after purchasing an additional 56 shares during the period. Scotia Capital Inc. boosted its holdings in shares of Clean Harbors by 0.4% during the fourth quarter. Scotia Capital Inc. now owns 14,262 shares of the business services provider's stock worth $3,282,000 after purchasing an additional 59 shares during the period. Finally, Blue Trust Inc. boosted 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 worth $107,000 after purchasing an additional 60 shares during the period. Institutional investors own 90.43% of the company's stock.

Clean Harbors Price Performance

NYSE CLH traded down $1.42 on Monday, hitting $231.48. 42,453 shares of the company were exchanged, compared to its average volume of 348,562. The firm has a 50 day moving average of $206.23 and a two-hundred day moving average of $225.28. The company has a market cap of $12.40 billion, a P/E ratio of 31.20 and a beta of 1.19. The company has a current ratio of 2.21, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08. 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 released its earnings results on Wednesday, April 30th. The business services provider reported $1.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.02 by $0.07. Clean Harbors had a net margin of 6.83% and a return on equity of 16.33%. The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same period in the prior year, the company posted $1.29 EPS. The company's revenue was up 4.0% compared to the same quarter last year. On average, equities analysts predict that Clean Harbors, Inc. will post 7.89 EPS for the current year.

Insider Buying and Selling at Clean Harbors

In other news, insider Robert Speights sold 2,725 shares of Clean Harbors stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $190.44, for a total value of $518,949.00. Following the sale, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Lauren States sold 308 shares of Clean Harbors stock in a transaction that occurred on Tuesday, February 18th. The shares were 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 owns 11,918 shares in the company, valued at $2,726,719.22. This trade represents a 2.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 5.60% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on CLH. Stifel Nicolaus dropped their target price on shares of Clean Harbors from $290.00 to $285.00 and set a "buy" rating on the stock in a research report on Thursday, February 20th. Oppenheimer dropped their target price on shares of Clean Harbors from $256.00 to $254.00 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. Needham & Company LLC dropped their target price on shares of Clean Harbors from $268.00 to $255.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. UBS Group dropped their target price on shares of Clean Harbors from $240.00 to $205.00 and set a "neutral" rating on the stock in a research report on Friday, April 11th. Finally, Truist Financial reduced their price objective on Clean Harbors from $270.00 to $250.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Clean Harbors currently has an average rating of "Moderate Buy" and an average price target 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.