Schonfeld Strategic Advisors LLC Sells 11,148 Shares of Clean Harbors, Inc. (NYSE:CLH)

Schonfeld Strategic Advisors LLC lessened its stake in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 82.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,315 shares of the business services provider's stock after selling 11,148 shares during the period. Schonfeld Strategic Advisors LLC's holdings in Clean Harbors were worth $533,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Skandinaviska Enskilda Banken AB publ lifted its stake in shares of Clean Harbors by 2,650.0% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 165 shares of the business services provider's stock valued at $38,000 after acquiring an additional 159 shares during the period. Allworth Financial LP lifted its position in Clean Harbors by 130.4% during the 4th quarter. Allworth Financial LP now owns 182 shares of the business services provider's stock valued at $44,000 after purchasing an additional 103 shares during the period. Assetmark Inc. boosted its stake in shares of Clean Harbors by 10,250.0% in the 4th quarter. Assetmark Inc. now owns 207 shares of the business services provider's stock valued at $48,000 after purchasing an additional 205 shares during the last quarter. Physician Wealth Advisors Inc. acquired a new stake in shares of Clean Harbors during the 4th quarter worth approximately $56,000. Finally, UMB Bank n.a. raised its stake in shares of Clean Harbors by 30.8% during the fourth quarter. UMB Bank n.a. now owns 280 shares of the business services provider's stock worth $64,000 after buying an additional 66 shares during the last quarter. Institutional investors and hedge funds own 90.43% of the company's stock.

Clean Harbors Trading Down 0.4 %

Shares of NYSE:CLH opened at $225.76 on Friday. The firm has a market cap of $12.10 billion, a price-to-earnings ratio of 30.43 and a beta of 1.19. Clean Harbors, Inc. has a 12 month low of $178.29 and a 12 month high of $267.11. The company's fifty day simple moving average is $202.82 and its 200 day simple moving average is $226.12. The company has a quick ratio of 1.76, a current ratio of 2.21 and a debt-to-equity ratio of 1.08.

Clean Harbors (NYSE:CLH - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The business services provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.07. The firm had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.44 billion. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. The company's revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter last year, the business posted $1.29 EPS. As a group, research analysts forecast that Clean Harbors, Inc. will post 7.89 EPS for the current fiscal year.

Wall Street Analyst Weigh In

CLH has been the subject of a number of analyst reports. BMO Capital Markets lowered their target price on shares of Clean Harbors from $284.00 to $270.00 and set an "outperform" rating for the company in a report on Thursday, February 20th. Stifel Nicolaus dropped their price objective on Clean Harbors from $290.00 to $285.00 and set a "buy" rating for the company in a report on Thursday, February 20th. UBS Group reduced their target price on Clean Harbors from $240.00 to $205.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. Needham & Company LLC lowered their price target on Clean Harbors from $268.00 to $255.00 and set a "buy" rating for the company in a research note on Thursday, May 1st. Finally, Robert W. Baird boosted their price objective on shares of Clean Harbors from $250.00 to $255.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat.com, Clean Harbors has a consensus rating of "Moderate Buy" and an average price target of $257.67.

Insider Buying and Selling

In related news, Director Lauren States sold 308 shares of the firm's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $228.79, for a total value of $70,467.32. Following the completion of the transaction, the director now owns 11,918 shares of the company's stock, valued at approximately $2,726,719.22. This trade represents a 2.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert Speights sold 2,725 shares of the business's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $190.44, for a total transaction of $518,949.00. Following the sale, the insider now directly owns 40,008 shares in the company, valued at $7,619,123.52. This trade represents a 6.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.60% of the stock is owned by corporate insiders.

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.

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