Natixis Advisors L.P. Has $29 Million Stake in Clean Harbors, Inc. (NYSE:CLH)

Natixis Advisors L.P. boosted its stake in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 5.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 166,176 shares of the business services provider's stock after buying an additional 8,531 shares during the quarter. Natixis Advisors L.P. owned 0.30% of Clean Harbors worth $28,999,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Steph & Co. raised its holdings in Clean Harbors by 4.7% in 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 during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in Clean Harbors by 2.4% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 3,007 shares of the business services provider's stock worth $503,000 after buying an additional 71 shares during the period. Blue Trust Inc. lifted its position in Clean Harbors by 52.4% during the fourth quarter. Blue Trust Inc. now owns 218 shares of the business services provider's stock worth $36,000 after buying an additional 75 shares during the period. First Horizon Advisors Inc. grew its holdings in Clean Harbors by 34.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 304 shares of the business services provider's stock valued at $51,000 after buying an additional 78 shares during the period. Finally, State of Michigan Retirement System increased its stake in shares of Clean Harbors by 0.8% during the 4th quarter. State of Michigan Retirement System now owns 12,107 shares of the business services provider's stock valued at $2,113,000 after acquiring an additional 100 shares during the last quarter. 90.43% of the stock is owned by hedge funds and other institutional investors.

Clean Harbors Stock Up 0.9 %

Shares of CLH stock traded up $1.80 during trading hours on Friday, reaching $207.35. The company had a trading volume of 330,570 shares, compared to its average volume of 310,847. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.66 and a current ratio of 2.07. Clean Harbors, Inc. has a twelve month low of $132.92 and a twelve month high of $210.26. The company has a market capitalization of $11.18 billion, a P/E ratio of 30.01 and a beta of 1.24. The stock's fifty day simple moving average is $193.88 and its 200 day simple moving average is $177.29.

Clean Harbors (NYSE:CLH - Get Free Report) last posted its earnings results on Wednesday, May 1st. The business services provider reported $1.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.16 by $0.13. Clean Harbors had a return on equity of 16.97% and a net margin of 6.85%. The business had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same quarter last year, the firm earned $1.36 earnings per share. The company's revenue for the quarter was up 5.3% compared to the same quarter last year. As a group, sell-side analysts expect that Clean Harbors, Inc. will post 7.46 earnings per share for the current fiscal year.

Insider Activity

In other Clean Harbors news, EVP Brian P. Weber sold 7,996 shares of the firm's stock in a transaction that occurred on Wednesday, March 27th. The stock was 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 owns 62,803 shares in the company, valued at approximately $12,502,193.21. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Clean Harbors news, Director John T. Preston sold 1,913 shares of the firm's stock in a transaction that occurred on Thursday, March 14th. The stock was 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 owns 4,767 shares in the company, valued at approximately $897,912.12. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Brian P. Weber sold 7,996 shares of the firm'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 sale, the executive vice president now owns 62,803 shares of the company's stock, valued at approximately $12,502,193.21. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,185 shares of company stock worth $4,819,554. 5.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

CLH has been the topic of several research analyst reports. Truist Financial raised their target price on shares of Clean Harbors from $210.00 to $240.00 and gave the stock a "buy" rating in a research report on Friday. Oppenheimer upped their price target on shares of Clean Harbors from $178.00 to $200.00 and gave the stock an "outperform" rating in a research report on Thursday, February 22nd. BMO Capital Markets upped their price target on shares of Clean Harbors from $225.00 to $230.00 and gave the stock an "outperform" rating in a research report on Thursday. StockNews.com lowered shares of Clean Harbors from a "strong-buy" rating to a "buy" rating in a research report on Thursday. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $235.00 price target on shares of Clean Harbors in a research report on Thursday. One analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $216.40.

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.