Clean Harbors, Inc. (NYSE:CLH) Shares Sold by NBT Bank N A NY

NBT Bank N A NY lowered its stake in shares of Clean Harbors, Inc. (NYSE:CLH) by 10.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 542 shares of the business services provider’s stock after selling 65 shares during the period. NBT Bank N A NY’s holdings in Clean Harbors were worth $125,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Reliant Investment Management LLC acquired a new stake in shares of Clean Harbors during the fourth quarter valued at $4,386,000. Fiduciary Alliance LLC acquired a new stake in shares of Clean Harbors during the fourth quarter valued at $846,000. Mountain Pacific Investment Advisers LLC boosted its stake in Clean Harbors by 4.5% in the 4th quarter. Mountain Pacific Investment Advisers LLC now owns 99,039 shares of the business services provider’s stock worth $22,793,000 after buying an additional 4,240 shares during the last quarter. Barclays PLC boosted its stake in Clean Harbors by 44.5% in the 3rd quarter. Barclays PLC now owns 28,056 shares of the business services provider’s stock worth $6,781,000 after buying an additional 8,639 shares during the last quarter. Finally, Anthracite Investment Company Inc. acquired a new stake in Clean Harbors in the 3rd quarter worth about $1,692,000. Institutional investors and hedge funds own 90.43% of the company’s stock.

Insider Buying and Selling

In other Clean Harbors news, insider Robert Speights sold 2,725 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $190.44, for a total value of $518,949.00. Following the transaction, the insider now directly owns 40,008 shares of the company’s stock, valued at $7,619,123.52. This represents a 6.38 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Eric J. Dugas bought 1,050 shares of the business’s stock in a transaction on Monday, March 10th. The stock was acquired at an average cost of $191.38 per share, for a total transaction of $200,949.00. Following the completion of the transaction, the chief financial officer now owns 24,238 shares in the company, valued at $4,638,668.44. This represents a 4.53 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 3,649 shares of company stock valued at $738,519. Corporate insiders own 5.90% of the company’s stock.

Analyst Upgrades and Downgrades

CLH has been the topic of a number of research analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $268.00 price target on shares of Clean Harbors in a research note on Thursday, February 20th. TD Cowen initiated coverage on Clean Harbors in a research note on Friday, December 6th. They issued a “buy” rating and a $325.00 price target on the stock. Oppenheimer decreased their price target on Clean Harbors from $256.00 to $254.00 and set an “outperform” rating on the stock in a research note on Thursday, February 20th. StockNews.com raised Clean Harbors from a “hold” rating to a “buy” rating in a research note on Wednesday, March 5th. Finally, BMO Capital Markets decreased their price target on Clean Harbors from $284.00 to $270.00 and set an “outperform” rating on the stock in a research note on Thursday, February 20th. One analyst has rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $270.56.

Clean Harbors Stock Performance

Clean Harbors stock opened at $192.42 on Wednesday. The company has a market cap of $10.36 billion, a price-to-earnings ratio of 25.93 and a beta of 1.22. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.21 and a quick ratio of 1.76. Clean Harbors, Inc. has a 12 month low of $185.22 and a 12 month high of $267.11. The stock’s 50-day moving average is $226.20 and its 200-day moving average is $239.35.

Clean Harbors (NYSE:CLH) last released its quarterly earnings results on Wednesday, February 19th. The business services provider reported $1.55 EPS for the quarter, topping the consensus estimate of $1.36 by $0.19. The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.43 billion. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. Clean Harbors’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.82 EPS. Equities analysts anticipate that Clean Harbors, Inc. will post 7.89 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.