International Assets Investment Management LLC Purchases Shares of 15,531 Clean Harbors, Inc. (NYSE:CLH)

International Assets Investment Management LLC bought a new stake in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 15,531 shares of the business services provider's stock, valued at approximately $2,710,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Arlington Trust Co LLC bought a new stake in Clean Harbors in the fourth quarter worth about $142,000. Trinity Street Asset Management LLP boosted its holdings in Clean Harbors by 17.9% during the 4th quarter. Trinity Street Asset Management LLP now owns 111,293 shares of the business services provider's stock valued at $19,422,000 after acquiring an additional 16,936 shares during the period. Fulton Bank N.A. grew its position in Clean Harbors by 19.4% in the 4th quarter. Fulton Bank N.A. now owns 2,854 shares of the business services provider's stock valued at $498,000 after acquiring an additional 464 shares during the last quarter. Trust Point Inc. purchased a new stake in Clean Harbors in the fourth quarter worth $213,000. Finally, DAVENPORT & Co LLC purchased a new stake in Clean Harbors in the fourth quarter worth $23,999,000. Hedge funds and other institutional investors own 90.43% of the company's stock.

Insider Activity at Clean Harbors

In other news, CFO Eric J. Dugas sold 6,200 shares of the company's stock in a transaction on 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 transaction, the chief financial officer now directly owns 21,482 shares of the company's stock, valued at $4,484,152.68. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Clean Harbors 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 value of $1,294,188.00. Following the completion of the sale, 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 filing with the SEC, which is available through this hyperlink. Also, EVP Brian P. Weber sold 7,996 shares of the company's stock in a transaction dated 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 transaction, the executive vice president now owns 62,803 shares in the company, valued at approximately $12,502,193.21. The disclosure for this sale can be found here. Insiders sold 31,385 shares of company stock valued at $6,113,742 over the last 90 days. Insiders own 5.90% of the company's stock.

Clean Harbors Stock Down 0.3 %

Shares of CLH traded down $0.68 during trading hours on Friday, hitting $211.34. The company had a trading volume of 341,768 shares, compared to its average volume of 321,985. Clean Harbors, Inc. has a one year low of $132.92 and a one year high of $215.70. The company's fifty day moving average price is $196.79 and its two-hundred day moving average price is $179.36. The company has a market capitalization of $11.40 billion, a PE ratio of 30.58 and a beta of 1.24. The company has a current ratio of 2.07, a quick ratio of 1.72 and a debt-to-equity ratio of 1.20.

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

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. BMO Capital Markets boosted their target price on shares of Clean Harbors from $225.00 to $230.00 and gave the company an "outperform" rating in a research note on Thursday, May 2nd. Oppenheimer upped their target price on shares of Clean Harbors from $178.00 to $200.00 and gave the stock an "outperform" rating in a research note on Thursday, February 22nd. StockNews.com downgraded shares of Clean Harbors from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 2nd. Raymond James increased their price objective on Clean Harbors from $225.00 to $235.00 and gave the stock a "strong-buy" rating in a research note on Thursday, May 2nd. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $235.00 target price on shares of Clean Harbors in a research report on Thursday, May 2nd. One research analyst has rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $216.40.

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.