Clean Harbors, Inc. (NYSE:CLH) Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System lowered its holdings in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 5.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 103,046 shares of the business services provider's stock after selling 5,808 shares during the quarter. California Public Employees Retirement System owned 0.19% of Clean Harbors worth $17,983,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Millburn Ridgefield Corp bought a new stake in shares of Clean Harbors during the third quarter valued at approximately $25,000. Catalyst Capital Advisors LLC bought a new stake in Clean Harbors during the 3rd quarter valued at $25,000. Contravisory Investment Management Inc. bought a new stake in Clean Harbors during the 4th quarter valued at $25,000. C M Bidwell & Associates Ltd. purchased a new stake in shares of Clean Harbors in the 3rd quarter worth $33,000. Finally, Blue Trust Inc. grew its position 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 worth $36,000 after buying an additional 75 shares in the last quarter. Institutional investors own 90.43% of the company's stock.

Insider Buying and Selling at Clean Harbors

In other news, Director John T. Preston sold 1,913 shares of the company's stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $188.36, for a total transaction of $360,332.68. Following the transaction, the director now owns 4,767 shares in the company, valued at $897,912.12. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, Director John T. Preston sold 1,913 shares of Clean Harbors stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $188.36, for a total transaction of $360,332.68. Following the completion of the sale, the director now directly owns 4,767 shares in the company, valued at $897,912.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Brian P. Weber sold 7,996 shares of the company's stock in a transaction 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 transaction, the executive vice president now directly owns 62,803 shares in the company, valued at $12,502,193.21. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,185 shares of company stock worth $4,819,554. 5.90% of the stock is owned by insiders.

Clean Harbors Stock Down 2.0 %

CLH traded down $3.79 during trading on Tuesday, hitting $189.34. The stock had a trading volume of 329,596 shares, compared to its average volume of 320,290. The stock has a 50 day simple moving average of $192.49 and a two-hundred day simple moving average of $176.28. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.66 and a current ratio of 1.98. Clean Harbors, Inc. has a twelve month low of $129.70 and a twelve month high of $204.06. The company has a market capitalization of $10.35 billion, a PE ratio of 27.26 and a beta of 1.24.

Clean Harbors (NYSE:CLH - Get Free Report) last issued its quarterly earnings data on Wednesday, February 21st. The business services provider reported $1.82 EPS for the quarter, beating the consensus estimate of $1.69 by $0.13. Clean Harbors had a return on equity of 17.83% and a net margin of 6.99%. The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same quarter in the prior year, the business posted $1.44 EPS. The business's revenue for the quarter was up 4.7% compared to the same quarter last year. On average, research analysts predict that Clean Harbors, Inc. will post 7.4 earnings per share for the current year.

Wall Street Analysts Forecast Growth

CLH has been the subject of several recent research reports. Oppenheimer lifted their price objective on Clean Harbors from $178.00 to $200.00 and gave the company an "outperform" rating in a report on Thursday, February 22nd. StockNews.com upgraded shares of Clean Harbors from a "buy" rating to a "strong-buy" rating in a report on Friday, March 29th. Truist Financial increased their price objective on shares of Clean Harbors from $200.00 to $210.00 and gave the company a "buy" rating in a research note on Thursday, February 22nd. Needham & Company LLC lifted their price objective on shares of Clean Harbors from $200.00 to $235.00 and gave the company a "buy" rating in a report on Tuesday, April 9th. Finally, Stifel Nicolaus restated a "buy" rating and set a $220.00 target price on shares of Clean Harbors in a report on Monday, April 22nd. One equities research analyst has rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $207.90.

About Clean Harbors

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.