Thrivent Financial for Lutherans Acquires 12,962 Shares of Clean Harbors, Inc. (NYSE:CLH)

Thrivent Financial for Lutherans increased its holdings in Clean Harbors, Inc. (NYSE:CLH) by 17.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 88,765 shares of the business services provider’s stock after acquiring an additional 12,962 shares during the period. Thrivent Financial for Lutherans owned about 0.16% of Clean Harbors worth $20,428,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Reliant Investment Management LLC bought a new position in shares of Clean Harbors in the fourth quarter valued at approximately $4,386,000. Fiduciary Alliance LLC bought a new position in shares of Clean Harbors in the fourth quarter valued at approximately $846,000. Mountain Pacific Investment Advisers LLC grew its holdings in shares of Clean Harbors by 4.5% in the fourth quarter. Mountain Pacific Investment Advisers LLC now owns 99,039 shares of the business services provider’s stock valued at $22,793,000 after acquiring an additional 4,240 shares in the last quarter. Barclays PLC grew its holdings in shares of Clean Harbors by 44.5% in the third quarter. Barclays PLC now owns 28,056 shares of the business services provider’s stock valued at $6,781,000 after acquiring an additional 8,639 shares in the last quarter. Finally, Settian Capital LP grew its holdings in shares of Clean Harbors by 22.2% in the third quarter. Settian Capital LP now owns 11,000 shares of the business services provider’s stock valued at $2,659,000 after acquiring an additional 2,000 shares in the last quarter. 90.43% of the stock is owned by institutional investors.

Clean Harbors Price Performance

Clean Harbors stock opened at $198.26 on Friday. Clean Harbors, Inc. has a one year low of $186.54 and a one year high of $267.11. The business has a fifty day moving average price of $221.23 and a 200-day moving average price of $237.02. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.21 and a quick ratio of 1.76. The firm has a market capitalization of $10.68 billion, a P/E ratio of 26.72 and a beta of 1.22.

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

Insider Transactions at Clean Harbors

In other Clean Harbors news, CFO Eric J. Dugas acquired 1,050 shares of the stock in a transaction that occurred on Monday, March 10th. The shares were bought at an average price 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 of the company’s stock, valued at approximately $4,638,668.44. This represents a 4.53 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert Speights sold 2,725 shares of the stock in a transaction 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 completion of the sale, the insider now owns 40,008 shares in the company, valued at $7,619,123.52. This trade represents a 6.38 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,341 shares of company stock valued at $663,041 over the last three months. Company insiders own 5.90% of the company’s stock.

Analyst Ratings Changes

CLH has been the subject of several research reports. Stifel Nicolaus reduced 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, February 20th. TD Cowen initiated coverage on Clean Harbors in a report on Friday, December 6th. They set a “buy” rating and a $325.00 price objective for the company. Truist Financial reduced their price objective on Clean Harbors from $280.00 to $270.00 and set a “buy” rating for the company in a report on Thursday, February 20th. Needham & Company LLC reissued a “buy” rating and set a $268.00 price objective on shares of Clean Harbors in a report on Thursday, February 20th. Finally, StockNews.com raised Clean Harbors from a “hold” rating to a “buy” rating in a report on Wednesday. One research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $266.56.

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.