Aubrey Capital Management Ltd Acquires 100 Shares of Clean Harbors, Inc. (NYSE:CLH)

Aubrey Capital Management Ltd increased its holdings in shares of Clean Harbors, Inc. (NYSE:CLH) by 0.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,300 shares of the business services provider’s stock after buying an additional 100 shares during the period. Clean Harbors accounts for about 1.6% of Aubrey Capital Management Ltd’s investment portfolio, making the stock its 22nd biggest holding. Aubrey Capital Management Ltd’s holdings in Clean Harbors were worth $4,211,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. UMB Bank n.a. increased 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 purchasing an additional 83 shares in the last quarter. Prospera Private Wealth LLC bought a new stake in Clean Harbors in the third quarter valued at approximately $56,000. CENTRAL TRUST Co increased its stake in Clean Harbors by 161.6% in the third quarter. CENTRAL TRUST Co now owns 259 shares of the business services provider’s stock valued at $63,000 after purchasing an additional 160 shares in the last quarter. TD Private Client Wealth LLC increased its stake in Clean Harbors by 42.6% in the third quarter. TD Private Client Wealth LLC now owns 291 shares of the business services provider’s stock valued at $70,000 after purchasing an additional 87 shares in the last quarter. Finally, Spire Wealth Management increased its stake in Clean Harbors by 396.7% in the fourth quarter. Spire Wealth Management now owns 298 shares of the business services provider’s stock valued at $69,000 after purchasing an additional 238 shares in the last quarter. 90.43% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CLH. Stifel Nicolaus upped their target price on shares of Clean Harbors from $270.00 to $290.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Truist Financial upped 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. TD Cowen assumed coverage on shares of Clean Harbors in a report on Friday, December 6th. They issued a “buy” rating and a $325.00 price target for the company. Oppenheimer upped their price target on shares of Clean Harbors from $255.00 to $256.00 and gave the company an “outperform” rating in a report on Monday, January 13th. Finally, Robert W. Baird reduced their price target on shares of Clean Harbors from $300.00 to $285.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. One equities research 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, Clean Harbors has an average rating of “Buy” and a consensus target price of $269.44.

Clean Harbors Stock Performance

Shares of CLH opened at $234.09 on Monday. Clean Harbors, Inc. has a 12 month low of $176.02 and a 12 month high of $267.11. The firm has a fifty day simple moving average of $237.56 and a 200 day simple moving average of $242.39. The stock has a market capitalization of $12.62 billion, a price-to-earnings ratio of 30.48 and a beta of 1.24. The company has a current ratio of 2.10, a quick ratio of 1.76 and a debt-to-equity ratio of 1.10.

Insider Buying and Selling

In other Clean Harbors news, CEO Eric W. Gerstenberg sold 6,051 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of $250.42, for a total value of $1,515,291.42. Following the completion of the sale, the chief executive officer now owns 55,657 shares in the company, valued at $13,937,625.94. This trade represents a 9.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Lauren States sold 308 shares of the stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $239.04, for a total transaction of $73,624.32. Following the completion of the sale, the director now owns 12,226 shares of the company’s stock, valued at approximately $2,922,503.04. This represents a 2.46 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 7,836 shares of company stock worth $1,966,314. 5.90% of the stock is owned by insiders.

Clean Harbors 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.