State of New Jersey Common Pension Fund D Has $4.09 Million Stock Holdings in Clean Harbors, Inc. (NYSE:CLH)

State of New Jersey Common Pension Fund D decreased its stake in Clean Harbors, Inc. (NYSE:CLH) by 0.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,781 shares of the business services provider’s stock after selling 156 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Clean Harbors were worth $4,092,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of CLH. Creative Planning boosted its holdings in shares of Clean Harbors by 10.8% in the third quarter. Creative Planning now owns 3,147 shares of the business services provider’s stock worth $761,000 after buying an additional 308 shares during the period. Blue Trust Inc. lifted its position in shares of Clean Harbors by 19.1% in the 3rd quarter. Blue Trust Inc. now owns 381 shares of the business services provider’s stock valued at $86,000 after acquiring an additional 61 shares in the last quarter. Raymond James & Associates boosted its stake in Clean Harbors by 4.1% in the 3rd quarter. Raymond James & Associates now owns 92,034 shares of the business services provider’s stock worth $22,246,000 after purchasing an additional 3,584 shares during the period. Signaturefd LLC grew its position in Clean Harbors by 11.8% during the 3rd quarter. Signaturefd LLC now owns 491 shares of the business services provider’s stock worth $119,000 after purchasing an additional 52 shares in the last quarter. Finally, Private Advisor Group LLC raised its stake in Clean Harbors by 8.0% during the 3rd quarter. Private Advisor Group LLC now owns 1,502 shares of the business services provider’s stock valued at $363,000 after purchasing an additional 111 shares during the period. Hedge funds and other institutional investors own 90.43% of the company’s stock.

Clean Harbors Stock Performance

Shares of CLH opened at $221.21 on Thursday. The firm has a market cap of $11.92 billion, a price-to-earnings ratio of 28.80 and a beta of 1.24. The company’s fifty day moving average is $234.40 and its 200-day moving average is $242.30. The company has a quick ratio of 1.76, a current ratio of 2.10 and a debt-to-equity ratio of 1.10. Clean Harbors, Inc. has a 12 month low of $176.02 and a 12 month high of $267.11.

Clean Harbors (NYSE:CLH) last posted its earnings results on Wednesday, February 19th. The business services provider reported $1.55 EPS for the quarter, topping the consensus estimate of $1.36 by $0.19. Clean Harbors had a net margin of 7.19% and a return on equity of 17.51%. The firm had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same period in the prior year, the business posted $1.82 earnings per share. The business’s quarterly revenue was up 6.9% on a year-over-year basis. Equities analysts expect that Clean Harbors, Inc. will post 7.21 EPS for the current fiscal year.

Analyst Ratings Changes

CLH has been the topic of a number of research analyst reports. TD Cowen initiated coverage on Clean Harbors in a report on Friday, December 6th. They set a “buy” rating and a $325.00 price target on the stock. Stifel Nicolaus lifted their target price on Clean Harbors from $270.00 to $290.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. 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 research report on Thursday, October 31st. Oppenheimer boosted their price objective on shares of Clean Harbors from $255.00 to $256.00 and gave the company an “outperform” rating in a research report on Monday, January 13th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $268.00 target price on shares of Clean Harbors in a research report on Thursday, January 16th. One research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $269.44.

Insider Activity

In other news, EVP Brian P. Weber sold 861 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $261.31, for a total value of $224,987.91. Following the sale, the executive vice president now directly owns 59,346 shares of the company’s stock, valued at approximately $15,507,703.26. This trade represents a 1.43 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Lauren States sold 308 shares of the business’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $245.06, for a total value of $75,478.48. Following the transaction, the director now directly owns 12,534 shares of the company’s stock, valued at $3,071,582.04. This represents a 2.40 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,785 shares of company stock valued at $444,558. Insiders own 5.90% of the company’s stock.

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.