Nvwm LLC Sells 282 Shares of Clean Harbors, Inc. (NYSE:CLH)

Nvwm LLC lessened its position in shares of Clean Harbors, Inc. (NYSE:CLH) by 4.7% in the third quarter, HoldingsChannel reports. The fund owned 5,698 shares of the business services provider’s stock after selling 282 shares during the period. Nvwm LLC’s holdings in Clean Harbors were worth $1,377,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in CLH. Allspring Global Investments Holdings LLC grew its holdings in Clean Harbors by 28.9% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 92,071 shares of the business services provider’s stock valued at $18,535,000 after buying an additional 20,626 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Clean Harbors by 5.7% in the first quarter. Commonwealth Equity Services LLC now owns 5,617 shares of the business services provider’s stock valued at $1,131,000 after acquiring an additional 304 shares in the last quarter. Van ECK Associates Corp increased its position in Clean Harbors by 16.6% during the first quarter. Van ECK Associates Corp now owns 18,448 shares of the business services provider’s stock worth $3,714,000 after acquiring an additional 2,627 shares during the period. FORA Capital LLC raised its stake in Clean Harbors by 276.0% in the 1st quarter. FORA Capital LLC now owns 4,568 shares of the business services provider’s stock worth $920,000 after purchasing an additional 3,353 shares in the last quarter. Finally, Central Pacific Bank Trust Division bought a new stake in Clean Harbors in the 1st quarter valued at about $195,000. Institutional investors and hedge funds own 90.43% of the company’s stock.

Insider Transactions at Clean Harbors

In related news, CEO Michael Louis Battles sold 10,000 shares of the firm’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $245.74, for a total transaction of $2,457,400.00. Following the sale, the chief executive officer now owns 77,136 shares of the company’s stock, valued at $18,955,400.64. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Clean Harbors news, Director Lauren States sold 308 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $260.74, for a total value of $80,307.92. Following the completion of the transaction, the director now directly owns 13,150 shares in the company, valued at approximately $3,428,731. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Michael Louis Battles sold 10,000 shares of Clean Harbors stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $245.74, for a total value of $2,457,400.00. Following the transaction, the chief executive officer now directly owns 77,136 shares in the company, valued at $18,955,400.64. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 10,617 shares of company stock worth $2,613,132. Corporate insiders own 5.90% of the company’s stock.

Clean Harbors Price Performance

NYSE CLH traded up $1.74 during trading on Friday, hitting $233.00. 574,539 shares of the company’s stock were exchanged, compared to its average volume of 295,094. The stock’s 50 day moving average price is $246.34 and its two-hundred day moving average price is $229.26. Clean Harbors, Inc. has a fifty-two week low of $146.66 and a fifty-two week 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 has a market cap of $12.58 billion, a PE ratio of 30.34 and a beta of 1.20.

Clean Harbors (NYSE:CLH) last released its quarterly earnings data on Wednesday, October 30th. The business services provider reported $2.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.15 by ($0.03). Clean Harbors had a return on equity of 17.51% and a net margin of 7.19%. The company had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the prior year, the company earned $1.68 earnings per share. Clean Harbors’s revenue for the quarter was up 12.0% compared to the same quarter last year. Research analysts expect that Clean Harbors, Inc. will post 7.64 EPS for the current year.

Analyst Ratings Changes

Several research analysts have recently commented on CLH shares. Robert W. Baird lowered their target price on shares of Clean Harbors from $300.00 to $285.00 and set an “outperform” rating on the stock in a report on Thursday. StockNews.com lowered Clean Harbors from a “strong-buy” rating to a “buy” rating in a research note on Thursday. Oppenheimer increased their target price on Clean Harbors from $252.00 to $270.00 and gave the stock an “outperform” rating in a report on Monday, October 21st. Truist Financial boosted their price target on Clean Harbors from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Thursday. Finally, The Goldman Sachs Group increased their price objective on shares of Clean Harbors from $223.00 to $256.00 and gave the stock a “neutral” rating in a research note on Thursday, August 1st. One 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.com, Clean Harbors has an average rating of “Buy” and a consensus price target of $254.33.

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.