Swiss National Bank Has $17.68 Million Stock Holdings in Clean Harbors, Inc. (NYSE:CLH)

Swiss National Bank lowered its holdings in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 10.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 101,300 shares of the business services provider's stock after selling 11,700 shares during the period. Swiss National Bank owned approximately 0.19% of Clean Harbors worth $17,678,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Cambridge Investment Research Advisors Inc. grew its holdings in 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 purchasing an additional 71 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Clean Harbors by 0.9% in the third quarter. Bank of New York Mellon Corp now owns 456,888 shares of the business services provider's stock valued at $76,465,000 after purchasing an additional 4,229 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Clean Harbors by 8.8% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,020 shares of the business services provider's stock valued at $2,179,000 after purchasing an additional 1,054 shares in the last quarter. Advisor Partners II LLC increased its holdings in Clean Harbors by 7.4% during the 3rd quarter. Advisor Partners II LLC now owns 1,721 shares of the business services provider's stock worth $288,000 after purchasing an additional 118 shares during the last quarter. Finally, First Horizon Advisors Inc. raised its position in shares of 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 purchasing an additional 78 shares in the last quarter. Institutional investors and hedge funds own 90.43% of the company's stock.

Clean Harbors Stock Performance

CLH stock traded down $0.63 during trading on Friday, reaching $211.39. 341,764 shares of the company's stock were exchanged, compared to its average volume of 326,666. Clean Harbors, Inc. has a 1-year low of $132.92 and a 1-year high of $215.70. The firm has a market cap of $11.40 billion, a PE ratio of 30.68 and a beta of 1.24. The company's fifty day moving average price is $196.24 and its 200-day moving average price is $178.63. The company has a quick ratio of 1.72, a current ratio of 2.07 and a debt-to-equity ratio of 1.20.

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

Insiders Place Their Bets

In related news, CFO Eric J. Dugas sold 6,200 shares of the firm's stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $208.74, for a total transaction of $1,294,188.00. Following the completion of the transaction, the chief financial officer now owns 21,482 shares of the company's stock, valued at $4,484,152.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, EVP Brian P. Weber sold 7,996 shares of the firm's stock in a transaction 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 directly owns 62,803 shares of the company's stock, valued at approximately $12,502,193.21. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Eric J. Dugas sold 6,200 shares of the business's stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $208.74, for a total value of $1,294,188.00. Following the sale, the chief financial officer now directly owns 21,482 shares in the company, valued at $4,484,152.68. The disclosure for this sale can be found here. Insiders sold 31,385 shares of company stock worth $6,113,742 over the last ninety days. Company insiders own 5.90% of the company's stock.

Analyst Ratings Changes

Several analysts recently issued reports on CLH shares. Oppenheimer upped their price target on shares of Clean Harbors from $178.00 to $200.00 and gave the company an "outperform" rating in a report on Thursday, February 22nd. BMO Capital Markets lifted their price target on Clean Harbors from $225.00 to $230.00 and gave the stock an "outperform" rating in a research note on Thursday, May 2nd. Needham & Company LLC reaffirmed a "buy" rating and set a $235.00 target price on shares of Clean Harbors in a report on Thursday, May 2nd. StockNews.com downgraded Clean Harbors from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 2nd. Finally, Robert W. Baird upped their price target on Clean Harbors from $235.00 to $240.00 and gave the company an "outperform" rating in a research report on Thursday, May 2nd. One equities research analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price 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.