Clean Harbors, Inc. (NYSE:CLH) Holdings Cut by Avior Wealth Management LLC

Avior Wealth Management LLC lowered its holdings in Clean Harbors, Inc. (NYSE:CLH) by 29.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 403 shares of the business services provider’s stock after selling 169 shares during the period. Avior Wealth Management LLC’s holdings in Clean Harbors were worth $70,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Contravisory Investment Management Inc. bought a new position in Clean Harbors in the fourth quarter worth about $25,000. Millburn Ridgefield Corp bought a new stake in shares of Clean Harbors during the third quarter valued at approximately $25,000. Catalyst Capital Advisors LLC bought a new stake in shares of Clean Harbors during the third quarter valued at approximately $25,000. C M Bidwell & Associates Ltd. bought a new stake in shares of Clean Harbors during the third quarter valued at approximately $33,000. Finally, Blue Trust Inc. raised its holdings in shares of Clean Harbors by 52.4% during the fourth quarter. Blue Trust Inc. now owns 218 shares of the business services provider’s stock valued at $36,000 after buying an additional 75 shares during the last quarter. Institutional investors own 90.43% of the company’s stock.

Insider Activity at Clean Harbors

In other Clean Harbors news, 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 sale, the executive vice president now directly owns 62,803 shares of the company’s stock, valued at $12,502,193.21. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Clean Harbors news, 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 sale, the executive vice president now directly owns 62,803 shares of the company’s stock, valued at $12,502,193.21. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director John T. Preston sold 1,913 shares of the company’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 transaction, the director now owns 4,767 shares in the company, valued at $897,912.12. The disclosure for this sale can be found here. Insiders have sold a total of 25,185 shares of company stock valued at $4,819,554 over the last quarter. 6.70% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CLH. Stifel Nicolaus lifted their price target on Clean Harbors from $210.00 to $220.00 and gave the company a “buy” rating in a report on Monday, April 15th. Robert W. Baird boosted their target price on Clean Harbors from $192.00 to $235.00 and gave the stock an “outperform” rating in a report on Tuesday, April 16th. Truist Financial boosted their target price on Clean Harbors from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Thursday, February 22nd. StockNews.com upgraded shares of Clean Harbors from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 29th. Finally, Needham & Company LLC lifted their price target on shares of Clean Harbors from $200.00 to $235.00 and gave the stock a “buy” rating in a research report on Tuesday, April 9th. One equities research analyst has rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $207.90.

Clean Harbors Stock Up 1.5 %

Clean Harbors stock opened at $193.71 on Friday. The firm has a market cap of $10.58 billion, a price-to-earnings ratio of 27.87 and a beta of 1.24. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.98 and a quick ratio of 1.66. Clean Harbors, Inc. has a fifty-two week low of $129.70 and a fifty-two week high of $204.06. The firm has a fifty day moving average price of $191.02 and a two-hundred day moving average price of $174.83.

Clean Harbors (NYSE:CLH) last posted its quarterly earnings data on Wednesday, February 21st. The business services provider reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.13. Clean Harbors had a net margin of 6.99% and a return on equity of 17.83%. The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the previous year, the firm posted $1.44 EPS. The business’s revenue was up 4.7% compared to the same quarter last year. As a group, analysts forecast that Clean Harbors, Inc. will post 7.38 earnings per share for the current 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.