Clean Harbors, Inc. (NYSE:CLH) CFO Eric J. Dugas Sells 6,200 Shares

Clean Harbors, Inc. (NYSE:CLH) CFO Eric J. Dugas sold 6,200 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $208.74, for a total transaction of $1,294,188.00. Following the completion of the sale, the chief financial officer now owns 21,482 shares of the company’s stock, valued at approximately $4,484,152.68. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Clean Harbors Price Performance

Shares of CLH opened at $212.52 on Tuesday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.72 and a current ratio of 2.07. The firm has a market cap of $11.46 billion, a PE ratio of 30.76 and a beta of 1.24. Clean Harbors, Inc. has a twelve month low of $132.92 and a twelve month high of $215.34. The firm’s 50 day moving average price is $193.88 and its 200 day moving average price is $177.40.

Clean Harbors (NYSE:CLH) last released 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 business had revenue of $1.38 billion for 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%. Clean Harbors’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.36 EPS. As a group, research analysts expect that Clean Harbors, Inc. will post 7.46 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on CLH. Needham & Company LLC restated a “buy” rating and issued a $235.00 target price on shares of Clean Harbors in a report on Thursday, May 2nd. Raymond James raised their price objective on Clean Harbors from $225.00 to $235.00 and gave the stock a “strong-buy” rating in a research report on Thursday, May 2nd. BMO Capital Markets upped their target price on Clean Harbors from $225.00 to $230.00 and gave the company an “outperform” rating in a report on Thursday, May 2nd. Stifel Nicolaus restated a “buy” rating and set a $220.00 price target on shares of Clean Harbors in a report on Monday, April 22nd. Finally, StockNews.com lowered shares of Clean Harbors from a “strong-buy” rating to a “buy” rating in a research note on Thursday, May 2nd. One equities research analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $216.40.

Institutional Trading of Clean Harbors

A number of institutional investors and hedge funds have recently made changes to their positions in CLH. Wellington Management Group LLP raised its stake in shares of Clean Harbors by 5.3% in the 4th quarter. Wellington Management Group LLP now owns 3,654,929 shares of the business services provider’s stock valued at $637,822,000 after acquiring an additional 182,622 shares in the last quarter. FMR LLC boosted its holdings in shares of Clean Harbors by 5.6% during the 3rd quarter. FMR LLC now owns 1,419,048 shares of the business services provider’s stock worth $237,492,000 after buying an additional 75,038 shares during the period. Clearbridge Investments LLC raised its holdings in Clean Harbors by 5.4% in the 4th quarter. Clearbridge Investments LLC now owns 740,597 shares of the business services provider’s stock worth $129,242,000 after acquiring an additional 38,171 shares during the period. Vontobel Holding Ltd. lifted its position in Clean Harbors by 12.5% during the 4th quarter. Vontobel Holding Ltd. now owns 612,015 shares of the business services provider’s stock worth $106,803,000 after acquiring an additional 67,809 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Clean Harbors in the fourth quarter valued at about $87,074,000. Institutional investors and hedge funds own 90.43% 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.