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

Clean Harbors, Inc. (NYSE:CLH) Director Lauren States sold 308 shares of Clean Harbors stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $249.78, for a total transaction of $76,932.24. Following the completion of the sale, the director now owns 12,842 shares of the company’s stock, valued at approximately $3,207,674.76. The trade was a 2.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Tuesday, October 15th, Lauren States sold 308 shares of Clean Harbors stock. The shares were sold at an average price of $260.74, for a total value of $80,307.92.
• On Monday, September 16th, Lauren States sold 309 shares of Clean Harbors stock. The stock was sold at an average price of $244.09, for a total value of $75,423.81.

Clean Harbors Trading Down 1.4 %

NYSE:CLH traded down $3.40 on Monday, reaching $243.99. 66,737 shares of the stock traded hands, compared to its average volume of 296,616. The firm has a market capitalization of $13.15 billion, a price-to-earnings ratio of 31.90 and a beta of 1.20. Clean Harbors, Inc. has a 1-year low of $158.42 and a 1-year 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. The company’s 50 day moving average is $249.02 and its 200-day moving average is $233.92.

Clean Harbors (NYSE:CLH) last released its earnings results on Wednesday, October 30th. The business services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.15 by ($0.03). Clean Harbors had a net margin of 7.19% and a return on equity of 17.51%. The firm had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the previous year, the firm earned $1.68 EPS. Clean Harbors’s quarterly revenue was up 12.0% on a year-over-year basis. Equities research analysts anticipate that Clean Harbors, Inc. will post 7.29 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Innealta Capital LLC acquired a new position in shares of Clean Harbors during the second quarter valued at about $25,000. UMB Bank n.a. grew its stake in Clean Harbors by 63.4% in the third quarter. UMB Bank n.a. now owns 214 shares of the business services provider’s stock valued at $52,000 after acquiring an additional 83 shares during the period. Brown Brothers Harriman & Co. bought a new stake in shares of Clean Harbors during the second quarter valued at approximately $56,000. Prospera Private Wealth LLC acquired a new position in shares of Clean Harbors during the third quarter worth approximately $56,000. Finally, CENTRAL TRUST Co lifted its holdings in shares of Clean Harbors by 161.6% in the 3rd quarter. CENTRAL TRUST Co now owns 259 shares of the business services provider’s stock worth $63,000 after purchasing an additional 160 shares in the last quarter. Institutional investors and hedge funds own 90.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on CLH. StockNews.com lowered shares of Clean Harbors from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 31st. The Goldman Sachs Group lifted their price target on Clean Harbors from $223.00 to $256.00 and gave the company a “neutral” rating in a research note on Thursday, August 1st. Needham & Company LLC dropped their target price on shares of Clean Harbors from $274.00 to $268.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Truist Financial lifted their price target on shares of Clean Harbors from $260.00 to $280.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Finally, Robert W. Baird cut their target price on shares of Clean Harbors from $300.00 to $285.00 and set an “outperform” rating on the stock in a research report on Thursday, October 31st. One 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, the company presently has an average rating of “Buy” and a consensus target price of $254.33.

About Clean Harbors

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.