Boston Partners Has $3.47 Million Stock Holdings in Clean Harbors, Inc. (NYSE:CLH)

Boston Partners lessened its holdings in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 24.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,854 shares of the business services provider's stock after selling 6,500 shares during the quarter. Boston Partners' holdings in Clean Harbors were worth $3,465,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Deutsche Bank AG boosted its position in Clean Harbors by 3,711.0% during the third quarter. Deutsche Bank AG now owns 277,285 shares of the business services provider's stock valued at $46,406,000 after purchasing an additional 270,009 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Clean Harbors by 61.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 394,245 shares of the business services provider's stock valued at $65,983,000 after buying an additional 150,251 shares during the last quarter. DAVENPORT & Co LLC bought a new stake in shares of Clean Harbors in the 4th quarter valued at approximately $23,999,000. Sandler Capital Management increased its holdings in Clean Harbors by 232.4% in the third quarter. Sandler Capital Management now owns 160,268 shares of the business services provider's stock worth $26,822,000 after buying an additional 112,047 shares during the last quarter. Finally, FMR LLC raised its position in Clean Harbors by 5.6% during the third quarter. FMR LLC now owns 1,419,048 shares of the business services provider's stock valued at $237,492,000 after acquiring an additional 75,038 shares in the last quarter. Institutional investors and hedge funds own 90.43% of the company's stock.

Clean Harbors Stock Performance

Shares of CLH traded up $2.30 during mid-day trading on Friday, hitting $213.23. The company's stock had a trading volume of 313,301 shares, compared to its average volume of 322,631. The stock's 50-day moving average is $199.17 and its two-hundred day moving average is $181.09. The firm has a market capitalization of $11.50 billion, a PE ratio of 30.86 and a beta of 1.24. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.72 and a current ratio of 2.07. Clean Harbors, Inc. has a one year low of $132.92 and a one year high of $216.73.

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

Analysts Set New Price Targets

Several analysts have commented on the stock. BMO Capital Markets boosted their target price on shares of Clean Harbors from $225.00 to $230.00 and gave the stock an "outperform" rating in a research report on Thursday, May 2nd. StockNews.com downgraded shares of Clean Harbors from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 2nd. Raymond James raised their target price on Clean Harbors from $225.00 to $235.00 and gave the company a "strong-buy" rating in a report on Thursday, May 2nd. Oppenheimer upped their price target on Clean Harbors from $178.00 to $200.00 and gave the stock an "outperform" rating in a research note on Thursday, February 22nd. Finally, Stifel Nicolaus reissued a "buy" rating and issued a $220.00 price objective on shares of Clean Harbors in a research note on Monday, April 22nd. One research 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 stock. According to MarketBeat.com, Clean Harbors presently has a consensus rating of "Buy" and an average price target of $216.40.

Insider Activity at Clean Harbors

In related news, Director John T. Preston sold 1,913 shares of the company's stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $188.36, for a total value of $360,332.68. Following the completion of the transaction, the director now directly owns 4,767 shares in the company, valued at $897,912.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related 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 value of $360,332.68. Following the sale, the director now owns 4,767 shares of the company's stock, valued at $897,912.12. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Eric W. Gerstenberg sold 15,276 shares of the firm's stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $187.71, for a total transaction of $2,867,457.96. Following the transaction, 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. Insiders have sold 31,385 shares of company stock worth $6,113,742 over the last three months. Company insiders own 5.90% of the company's stock.

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.