South Dakota Investment Council Has $2.14 Million Stake in Clean Harbors, Inc. (NYSE:CLH)

South Dakota Investment Council grew its stake in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 62.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,247 shares of the business services provider's stock after buying an additional 4,700 shares during the period. South Dakota Investment Council's holdings in Clean Harbors were worth $2,137,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Steph & Co. lifted its holdings in shares of Clean Harbors by 4.7% during the 3rd quarter. Steph & Co. now owns 1,462 shares of the business services provider's stock valued at $245,000 after acquiring an additional 66 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Clean Harbors by 2.4% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 3,007 shares of the business services provider's stock valued at $503,000 after acquiring an additional 71 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Clean Harbors by 52.4% during the 4th quarter. Blue Trust Inc. now owns 218 shares of the business services provider's stock valued at $36,000 after acquiring an additional 75 shares in the last quarter. First Horizon Advisors Inc. lifted its holdings in shares of Clean Harbors by 34.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 304 shares of the business services provider's stock valued at $51,000 after acquiring an additional 78 shares in the last quarter. Finally, CWM LLC lifted its holdings in Clean Harbors by 13.3% in the 3rd quarter. CWM LLC now owns 843 shares of the business services provider's stock worth $141,000 after buying an additional 99 shares in the last quarter. 90.43% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. StockNews.com upgraded shares of Clean Harbors from a "buy" rating to a "strong-buy" rating in a report on Friday, March 29th. Oppenheimer upped their target price on shares of Clean Harbors from $178.00 to $200.00 and gave the company an "outperform" rating in a research note on Thursday, February 22nd. Needham & Company LLC upped their target price on shares of Clean Harbors from $200.00 to $235.00 and gave the company a "buy" rating in a research note on Tuesday, April 9th. BMO Capital Markets upped their target price on shares of Clean Harbors from $200.00 to $225.00 and gave the company an "outperform" rating in a research note on Thursday, March 28th. Finally, Robert W. Baird upped their target price on shares of Clean Harbors from $192.00 to $235.00 and gave the company an "outperform" rating in a research note on Tuesday, April 16th. One research analyst has rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Clean Harbors currently has a consensus rating of "Buy" and an average price target of $207.90.

Clean Harbors Stock Performance

NYSE CLH traded down $1.47 on Thursday, hitting $194.53. The stock had a trading volume of 360,561 shares, compared to its average volume of 321,453. Clean Harbors, Inc. has a one year low of $129.70 and a one year high of $204.06. The company has a quick ratio of 1.66, a current ratio of 1.98 and a debt-to-equity ratio of 1.02. The stock has a market cap of $10.63 billion, a price-to-earnings ratio of 27.99 and a beta of 1.24. The company's 50-day moving average is $192.20 and its two-hundred day moving average is $175.70.

Clean Harbors (NYSE:CLH - Get Free Report) last posted its earnings results on Wednesday, February 21st. The business services provider reported $1.82 EPS for the quarter, topping the consensus estimate of $1.69 by $0.13. Clean Harbors had a net margin of 6.99% and a return on equity of 17.83%. The firm had revenue of $1.34 billion during the quarter, compared to analysts' expectations of $1.36 billion. During the same quarter in the prior year, the firm earned $1.44 EPS. Clean Harbors's quarterly revenue was up 4.7% on a year-over-year basis. On average, analysts expect that Clean Harbors, Inc. will post 7.38 earnings per share for the current year.

Insider Transactions at Clean Harbors

In other news, EVP Brian P. Weber sold 7,996 shares of the company's stock in a transaction that occurred on Wednesday, March 27th. The shares were sold at an average price of $199.07, for a total value of $1,591,763.72. Following the completion of the sale, the executive vice president now directly owns 62,803 shares of the company's stock, valued at approximately $12,502,193.21. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, EVP Brian P. Weber sold 7,996 shares of the stock in a transaction that occurred on Wednesday, March 27th. The shares were sold at an average price of $199.07, for a total transaction of $1,591,763.72. Following the completion of the sale, the executive vice president now directly owns 62,803 shares of the company's stock, valued at $12,502,193.21. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Eric W. Gerstenberg sold 15,276 shares of the company's stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $187.71, for a total transaction of $2,867,457.96. Following the completion of the sale, the chief executive officer now owns 67,374 shares of the company's stock, valued at approximately $12,646,773.54. The disclosure for this sale can be found here. In the last three months, insiders sold 25,185 shares of company stock valued at $4,819,554. Company insiders own 6.70% of the company's stock.

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.