Clean Harbors, Inc. (NYSE:CLH) Director Sells $199,755.17 in Stock

Clean Harbors, Inc. (NYSE:CLH) Director Alison A. Quirk sold 893 shares of the stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $223.69, for a total transaction of $199,755.17. Following the completion of the transaction, the director now owns 2,978 shares of the company’s stock, valued at approximately $666,148.82. This represents a 23.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Clean Harbors Stock Performance

NYSE:CLH opened at $225.88 on Monday. The stock has a market capitalization of $12.10 billion, a P/E ratio of 30.44 and a beta of 1.17. The company has a current ratio of 2.21, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08. Clean Harbors, Inc. has a 1 year low of $178.29 and a 1 year high of $267.11. The firm has a 50 day moving average of $215.39 and a 200-day moving average of $222.83.

Clean Harbors (NYSE:CLH) last issued its quarterly earnings data on Wednesday, April 30th. The business services provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.07. The firm had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.44 billion. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. The business’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.29 EPS. As a group, sell-side analysts anticipate that Clean Harbors, Inc. will post 7.89 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Oregon Public Employees Retirement Fund lifted its holdings in Clean Harbors by 0.5% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 10,372 shares of the business services provider’s stock worth $2,044,000 after buying an additional 52 shares in the last quarter. Williamson Legacy Group LLC raised its position in shares of Clean Harbors by 1.4% during the fourth quarter. Williamson Legacy Group LLC now owns 3,727 shares of the business services provider’s stock worth $858,000 after acquiring an additional 53 shares during the last quarter. Deutsche Bank AG boosted its holdings in Clean Harbors by 1.0% in the fourth quarter. Deutsche Bank AG now owns 5,793 shares of the business services provider’s stock valued at $1,333,000 after acquiring an additional 56 shares during the last quarter. Blue Trust Inc. boosted its holdings in Clean Harbors by 25.8% in the first quarter. Blue Trust Inc. now owns 273 shares of the business services provider’s stock valued at $54,000 after acquiring an additional 56 shares during the last quarter. Finally, Scotia Capital Inc. increased its position in Clean Harbors by 0.4% in the fourth quarter. Scotia Capital Inc. now owns 14,262 shares of the business services provider’s stock worth $3,282,000 after purchasing an additional 59 shares during the period. 90.43% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

CLH has been the topic of a number of analyst reports. Stifel Nicolaus lowered their target price on shares of Clean Harbors from $290.00 to $285.00 and set a “buy” rating on the stock in a research note on Thursday, February 20th. Needham & Company LLC decreased their price objective on Clean Harbors from $268.00 to $255.00 and set a “buy” rating on the stock in a report on Thursday, May 1st. Robert W. Baird increased their target price on Clean Harbors from $250.00 to $255.00 and gave the stock an “outperform” rating in a report on Thursday, May 1st. UBS Group cut their target price on Clean Harbors from $240.00 to $205.00 and set a “neutral” rating for the company in a research report on Friday, April 11th. Finally, The Goldman Sachs Group lowered their price target on Clean Harbors from $250.00 to $220.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 19th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $257.67.

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.