Mutual of America Capital Management LLC Sells 4,530 Shares of Clean Harbors, Inc. (NYSE:CLH)

Mutual of America Capital Management LLC reduced its position in Clean Harbors, Inc. (NYSE:CLH) by 9.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 45,869 shares of the business services provider’s stock after selling 4,530 shares during the quarter. Mutual of America Capital Management LLC owned about 0.09% of Clean Harbors worth $9,041,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Kapitalo Investimentos Ltda bought a new position in Clean Harbors in the 4th quarter valued at about $32,000. Blue Trust Inc. increased its holdings in Clean Harbors by 25.8% in the 1st quarter. Blue Trust Inc. now owns 273 shares of the business services provider’s stock valued at $54,000 after buying an additional 56 shares during the period. Carolinas Wealth Consulting LLC increased its holdings in Clean Harbors by 2,800.0% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 261 shares of the business services provider’s stock valued at $60,000 after buying an additional 252 shares during the period. UMB Bank n.a. increased its holdings in Clean Harbors by 24.6% in the 1st quarter. UMB Bank n.a. now owns 349 shares of the business services provider’s stock valued at $69,000 after buying an additional 69 shares during the period. Finally, Golden State Wealth Management LLC increased its holdings in Clean Harbors by 401.4% in the 1st quarter. Golden State Wealth Management LLC now owns 351 shares of the business services provider’s stock valued at $69,000 after buying an additional 281 shares during the period. 90.43% of the stock is owned by institutional investors.

Clean Harbors Stock Up 0.1%

Shares of NYSE CLH opened at $242.33 on Thursday. The company has a market capitalization of $13.00 billion, a P/E ratio of 34.03 and a beta of 1.18. Clean Harbors, Inc. has a 52-week low of $178.29 and a 52-week high of $267.11. The company has a debt-to-equity ratio of 1.02, a quick ratio of 2.07 and a current ratio of 2.45. The company’s 50 day moving average price is $230.12 and its 200-day moving average price is $220.25.

Clean Harbors (NYSE:CLH) last issued its quarterly earnings results on Wednesday, July 30th. The business services provider reported $2.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.33 by $0.03. The firm had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.59 billion. Clean Harbors had a net margin of 6.48% and a return on equity of 14.82%. The company’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.46 EPS. Equities analysts forecast that Clean Harbors, Inc. will post 7.89 earnings per share for the current year.

Insider Transactions at Clean Harbors

In other news, Director John R. Welch sold 1,250 shares of the business’s stock in a transaction that occurred on Wednesday, May 28th. The shares were sold at an average price of $228.51, for a total value of $285,637.50. Following the transaction, the director owned 11,402 shares in the company, valued at approximately $2,605,471.02. The trade was a 9.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Eric W. Gerstenberg sold 8,076 shares of the business’s stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $225.23, for a total transaction of $1,818,957.48. Following the completion of the transaction, the chief executive officer owned 51,619 shares in the company, valued at $11,626,147.37. This trade represents a 13.53% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 15,948 shares of company stock worth $3,611,729. Company insiders own 5.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on CLH shares. Robert W. Baird lifted their price target 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. Needham & Company LLC decreased their price target on shares of Clean Harbors from $268.00 to $255.00 and set a “buy” rating on the stock in a report on Thursday, May 1st. Oppenheimer lifted their price target on shares of Clean Harbors from $254.00 to $256.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. UBS Group lifted their price target on shares of Clean Harbors from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, July 31st. Finally, Raymond James Financial lifted their target price on shares of Clean Harbors from $278.00 to $280.00 and gave the stock a “strong-buy” rating in a research report on Thursday, July 31st. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $263.40.

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.