TD Waterhouse Canada Inc. Sells 2,803 Shares of Clean Harbors, Inc. (NYSE:CLH)

TD Waterhouse Canada Inc. decreased its position in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 46.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,217 shares of the business services provider's stock after selling 2,803 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in Clean Harbors were worth $740,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Reliant Investment Management LLC bought a new position in Clean Harbors in the fourth quarter valued at about $4,386,000. Fiduciary Alliance LLC acquired a new position in Clean Harbors during the 4th quarter worth approximately $846,000. Mountain Pacific Investment Advisers LLC lifted its stake in Clean Harbors by 4.5% in the 4th quarter. Mountain Pacific Investment Advisers LLC now owns 99,039 shares of the business services provider's stock valued at $22,793,000 after purchasing an additional 4,240 shares during the last quarter. Barclays PLC boosted its position in Clean Harbors by 44.5% in the third quarter. Barclays PLC now owns 28,056 shares of the business services provider's stock valued at $6,781,000 after buying an additional 8,639 shares in the last quarter. Finally, Versant Capital Management Inc grew its stake in shares of Clean Harbors by 17.8% during the fourth quarter. Versant Capital Management Inc now owns 384 shares of the business services provider's stock worth $88,000 after buying an additional 58 shares during the last quarter. 90.43% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Eric J. Dugas acquired 1,050 shares of Clean Harbors stock in a transaction on Monday, March 10th. The stock was purchased at an average price of $191.38 per share, with a total value of $200,949.00. Following the completion of the purchase, the chief financial officer now owns 24,238 shares of the company's stock, valued at approximately $4,638,668.44. The trade was a 4.53 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Robert Speights sold 2,725 shares of Clean Harbors stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $190.44, for a total transaction of $518,949.00. Following the transaction, the insider now owns 40,008 shares of the company's stock, valued at $7,619,123.52. This represents a 6.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 5.60% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on CLH. Robert W. Baird cut their price objective on Clean Harbors from $285.00 to $272.00 and set an "outperform" rating on the stock in a report on Thursday, February 20th. BMO Capital Markets reduced their price target on Clean Harbors from $284.00 to $270.00 and set an "outperform" rating on the stock in a report on Thursday, February 20th. UBS Group lowered their price objective on Clean Harbors from $240.00 to $205.00 and set a "neutral" rating for the company in a research note on Friday, April 11th. The Goldman Sachs Group cut their target price on shares of Clean Harbors from $250.00 to $220.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 19th. Finally, Truist Financial decreased their price target on shares of Clean Harbors from $270.00 to $250.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Clean Harbors presently has an average rating of "Moderate Buy" and a consensus price target of $258.40.

Clean Harbors Trading Down 1.9 %

CLH stock traded down $4.15 during midday trading on Wednesday, hitting $209.94. The stock had a trading volume of 220,514 shares, compared to its average volume of 347,124. The company has a current ratio of 2.21, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08. The firm has a market cap of $11.38 billion, a P/E ratio of 28.29 and a beta of 1.11. The business has a fifty day moving average price of $201.11 and a two-hundred day moving average price of $228.10. Clean Harbors, Inc. has a 1-year low of $178.29 and a 1-year high of $267.11.

Clean Harbors (NYSE:CLH - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The business services provider reported $1.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.02 by $0.07. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. During the same period in the prior year, the business posted $1.29 EPS. Clean Harbors's revenue for the quarter was up 4.0% compared to the same quarter last year. On average, sell-side analysts predict that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

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.