Lauren States Sells 308 Shares of Clean Harbors, Inc. (NYSE:CLH) Stock

Clean Harbors, Inc. (NYSE:CLH) Director Lauren States sold 308 shares of Clean Harbors stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $228.79, for a total value of $70,467.32. Following the sale, the director now directly owns 11,918 shares in the company, valued at approximately $2,726,719.22. The trade was a 2.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Lauren States also recently made the following trade(s):

• On Wednesday, January 15th, Lauren States sold 308 shares of Clean Harbors stock. The stock was sold at an average price of $239.04, for a total value of $73,624.32.
• On Monday, December 16th, Lauren States sold 308 shares of Clean Harbors stock. The stock was sold at an average price of $245.06, for a total value of $75,478.48.

Clean Harbors Stock Down 3.6 %

NYSE:CLH opened at $211.97 on Friday. The firm has a market capitalization of $11.43 billion, a PE ratio of 27.60 and a beta of 1.24. The stock has a 50 day moving average of $233.69 and a 200-day moving average of $242.09. Clean Harbors, Inc. has a 52 week low of $176.02 and a 52 week high of $267.11. The company has a current ratio of 2.10, a quick ratio of 1.76 and a debt-to-equity ratio of 1.10.

Clean Harbors (NYSE:CLH) last posted its earnings results on Wednesday, February 19th. The business services provider reported $1.55 EPS for the quarter, beating the consensus estimate of $1.36 by $0.19. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.43 billion. Clean Harbors had a return on equity of 17.51% and a net margin of 7.19%. The business’s revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.82 earnings per share. Analysts predict that Clean Harbors, Inc. will post 7.21 EPS for the current year.

Analysts Set New Price Targets

CLH has been the topic of a number of analyst reports. Oppenheimer dropped their target price on Clean Harbors from $256.00 to $254.00 and set an “outperform” rating on the stock in a research report on Thursday. StockNews.com lowered Clean Harbors from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 31st. Needham & Company LLC reissued a “buy” rating and issued a $268.00 price objective on shares of Clean Harbors in a report on Thursday. Stifel Nicolaus lowered their price objective on Clean Harbors from $290.00 to $285.00 and set a “buy” rating for the company in a report on Thursday. Finally, Robert W. Baird lowered their price objective on Clean Harbors from $285.00 to $272.00 and set an “outperform” rating for the company in a report on Thursday. One research analyst has 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.com, Clean Harbors has a consensus rating of “Buy” and an average target price of $270.56.

Hedge Funds Weigh In On Clean Harbors

Institutional investors have recently made changes to their positions in the stock. Kapitalo Investimentos Ltda bought a new position in shares of Clean Harbors during the fourth quarter valued at approximately $32,000. Skandinaviska Enskilda Banken AB publ boosted its position in shares of Clean Harbors by 2,650.0% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 165 shares of the business services provider’s stock worth $38,000 after buying an additional 159 shares during the period. Allworth Financial LP boosted its position in shares of Clean Harbors by 130.4% during the fourth quarter. Allworth Financial LP now owns 182 shares of the business services provider’s stock worth $44,000 after buying an additional 103 shares during the period. Assetmark Inc. boosted its position in shares of Clean Harbors by 10,250.0% during the fourth quarter. Assetmark Inc. now owns 207 shares of the business services provider’s stock worth $48,000 after buying an additional 205 shares during the period. Finally, Prospera Private Wealth LLC acquired a new position in shares of Clean Harbors during the third quarter worth approximately $56,000. 90.43% of the stock is owned by institutional investors.

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.