Dana Investment Advisors Inc. Has $10.55 Million Stock Position in Clean Harbors, Inc. (NYSE:CLH)

Dana Investment Advisors Inc. raised its holdings in shares of Clean Harbors, Inc. (NYSE:CLH) by 366.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 46,645 shares of the business services provider’s stock after purchasing an additional 36,651 shares during the period. Dana Investment Advisors Inc. owned 0.09% of Clean Harbors worth $10,549,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of CLH. Innealta Capital LLC acquired a new stake in Clean Harbors during the 2nd quarter worth $25,000. Rise Advisors LLC bought a new stake in shares of Clean Harbors in the first quarter worth about $27,000. GAMMA Investing LLC raised its position in shares of Clean Harbors by 47.9% during the first quarter. GAMMA Investing LLC now owns 173 shares of the business services provider’s stock worth $35,000 after purchasing an additional 56 shares during the period. Brown Brothers Harriman & Co. bought a new position in shares of Clean Harbors during the 2nd quarter valued at about $56,000. Finally, Creekmur Asset Management LLC acquired a new stake in Clean Harbors during the 4th quarter worth approximately $50,000. Institutional investors own 90.43% of the company’s stock.

Analysts Set New Price Targets

CLH has been the subject of several research reports. Truist Financial increased their price objective on shares of Clean Harbors from $240.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday, July 11th. Robert W. Baird boosted their price target on Clean Harbors from $242.00 to $268.00 and gave the company an “outperform” rating in a report on Thursday, August 1st. Stifel Nicolaus reiterated a “buy” rating and set a $275.00 price objective (up from $240.00) on shares of Clean Harbors in a report on Thursday, August 1st. The Goldman Sachs Group boosted their target price on Clean Harbors from $223.00 to $256.00 and gave the company a “neutral” rating in a research note on Thursday, August 1st. Finally, StockNews.com raised shares of Clean Harbors from a “buy” rating to a “strong-buy” rating in a research note on Friday. One research analyst has rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $242.40.

Insider Activity at Clean Harbors

In other Clean Harbors news, CEO Michael Louis Battles sold 10,000 shares of Clean Harbors stock in a transaction on Monday, September 16th. The shares were sold at an average price of $245.74, for a total transaction of $2,457,400.00. Following the completion of the transaction, the chief executive officer now directly owns 77,136 shares of the company’s stock, valued at $18,955,400.64. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other Clean Harbors news, CEO Michael Louis Battles sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $245.74, for a total transaction of $2,457,400.00. Following the completion of the sale, the chief executive officer now directly owns 77,136 shares in the company, valued at $18,955,400.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Lauren States sold 309 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $244.09, for a total value of $75,423.81. Following the completion of the transaction, the director now directly owns 13,458 shares in the company, valued at approximately $3,284,963.22. The disclosure for this sale can be found here. 5.90% of the stock is owned by company insiders.

Clean Harbors Stock Performance

Shares of CLH stock opened at $241.99 on Tuesday. The stock has a market cap of $13.05 billion, a P/E ratio of 35.02 and a beta of 1.20. The company has a fifty day moving average price of $238.05 and a two-hundred day moving average price of $220.60. Clean Harbors, Inc. has a one year low of $132.92 and a one year high of $251.65. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.10 and a quick ratio of 1.76.

Clean Harbors (NYSE:CLH) last announced its quarterly earnings results on Wednesday, July 31st. The business services provider reported $2.46 earnings per share for the quarter, topping analysts’ consensus estimates of $2.21 by $0.25. Clean Harbors had a return on equity of 17.12% and a net margin of 6.97%. The firm had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter in the previous year, the business earned $2.13 earnings per share. The business’s revenue was up 10.9% compared to the same quarter last year. As a group, equities analysts predict that Clean Harbors, Inc. will post 7.65 EPS for the current year.

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.