Clean Harbors, Inc. (NYSE:CLH) CFO Eric J. Dugas Sells 6,200 Shares

Clean Harbors, Inc. (NYSE:CLH) CFO Eric J. Dugas sold 6,200 shares of the business’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $208.74, for a total transaction of $1,294,188.00. Following the completion of the transaction, the chief financial officer now directly owns 21,482 shares in the company, valued at approximately $4,484,152.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Clean Harbors Trading Up 2.9 %

Shares of CLH stock traded up $6.06 during trading hours on Monday, reaching $213.41. 101,065 shares of the stock were exchanged, compared to its average volume of 325,282. The firm has a market capitalization of $11.51 billion, a price-to-earnings ratio of 30.01 and a beta of 1.24. Clean Harbors, Inc. has a 12-month low of $132.92 and a 12-month high of $213.97. The company’s 50-day moving average price is $193.88 and its 200-day moving average price is $177.40. The company has a current ratio of 2.07, a quick ratio of 1.72 and a debt-to-equity ratio of 1.20.

Clean Harbors (NYSE:CLH) last announced its earnings results on Wednesday, May 1st. The business services provider reported $1.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.13. Clean Harbors had a return on equity of 16.97% and a net margin of 6.85%. The business had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the previous year, the business earned $1.36 earnings per share. The company’s revenue for the quarter was up 5.3% compared to the same quarter last year. As a group, equities analysts anticipate that Clean Harbors, Inc. will post 7.46 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Robert W. Baird increased their price objective on shares of Clean Harbors from $235.00 to $240.00 and gave the company an “outperform” rating in a report on Thursday. StockNews.com cut Clean Harbors from a “strong-buy” rating to a “buy” rating in a report on Thursday. Stifel Nicolaus reaffirmed a “buy” rating and issued a $220.00 price objective on shares of Clean Harbors in a research note on Monday, April 22nd. BMO Capital Markets raised their target price on shares of Clean Harbors from $225.00 to $230.00 and gave the company an “outperform” rating in a report on Thursday. Finally, Oppenheimer boosted their price target on shares of Clean Harbors from $178.00 to $200.00 and gave the stock an “outperform” rating in a research report on Thursday, February 22nd. One investment analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Clean Harbors has a consensus rating of “Buy” and an average target price of $216.40.

Institutional Trading of Clean Harbors

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Nations Financial Group Inc. IA ADV raised its position in Clean Harbors by 4.0% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 1,287 shares of the business services provider’s stock valued at $259,000 after purchasing an additional 50 shares in the last quarter. GAMMA Investing LLC increased its position in Clean Harbors by 47.9% during the 1st quarter. GAMMA Investing LLC now owns 173 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 56 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of Clean Harbors by 0.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 10,573 shares of the business services provider’s stock valued at $1,845,000 after purchasing an additional 58 shares in the last quarter. Steph & Co. lifted its position in shares of Clean Harbors by 4.7% in the 3rd quarter. Steph & Co. now owns 1,462 shares of the business services provider’s stock worth $245,000 after purchasing an additional 66 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in shares of Clean Harbors by 2.4% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 3,007 shares of the business services provider’s stock valued at $503,000 after purchasing an additional 71 shares in the last quarter. Hedge funds and other institutional investors own 90.43% of the company’s stock.

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.