Clean Harbors, Inc. (NYSE:CLH) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP decreased its stake in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 12.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 799,537 shares of the business services provider's stock after selling 114,528 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.46% of Clean Harbors worth $139,532,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Contravisory Investment Management Inc. purchased a new position in shares of Clean Harbors during the fourth quarter valued at $25,000. Millburn Ridgefield Corp purchased a new position in Clean Harbors during the 3rd quarter valued at about $25,000. Catalyst Capital Advisors LLC bought a new stake in shares of Clean Harbors in the 3rd quarter valued at about $25,000. C M Bidwell & Associates Ltd. bought a new stake in shares of Clean Harbors in the 3rd quarter valued at about $33,000. Finally, National Bank of Canada FI purchased a new stake in shares of Clean Harbors in the 4th quarter worth approximately $34,000. 90.43% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on CLH shares. Oppenheimer boosted their price objective 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. Needham & Company LLC restated a "buy" rating and set a $235.00 price objective on shares of Clean Harbors in a research note on Thursday, May 2nd. Truist Financial lifted their target price on Clean Harbors from $210.00 to $240.00 and gave the company a "buy" rating in a research note on Friday, May 3rd. BMO Capital Markets increased their price target on shares of Clean Harbors from $225.00 to $230.00 and gave the company an "outperform" rating in a research report on Thursday, May 2nd. Finally, StockNews.com cut shares of Clean Harbors from a "strong-buy" rating to a "buy" rating in a 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 issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $216.40.

Clean Harbors Stock Performance

Shares of NYSE:CLH traded up $2.18 on Friday, hitting $213.11. 313,301 shares of the company were exchanged, compared to its average volume of 331,429. The firm has a market capitalization of $11.49 billion, a P/E ratio of 30.84 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, Inc. has a 1-year low of $132.92 and a 1-year high of $216.73. The stock's 50 day moving average price is $199.17 and its 200 day moving average price is $181.52.

Clean Harbors (NYSE:CLH - Get Free Report) last issued its quarterly 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. The company had revenue of $1.38 billion during the quarter, compared to analysts' expectations of $1.34 billion. Clean Harbors had a return on equity of 16.97% and a net margin of 6.85%. The firm's revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.36 EPS. Sell-side analysts predict that Clean Harbors, Inc. will post 7.46 EPS for the current year.

Insider Activity at Clean Harbors

In other news, Director John T. Preston sold 1,913 shares of the stock in a transaction on 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 in the company, valued at $897,912.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Clean Harbors news, CFO Eric J. Dugas sold 6,200 shares of the company's stock in a transaction that occurred 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 owns 21,482 shares in the company, valued at approximately $4,484,152.68. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, 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 sale, the director now directly owns 4,767 shares in the company, valued at approximately $897,912.12. The disclosure for this sale can be found here. Insiders have sold a total of 31,385 shares of company stock worth $6,113,742 over the last quarter. Insiders own 5.90% of the company's stock.

Clean Harbors 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.