Oregon Public Employees Retirement Fund Sells 54 Shares of Clean Harbors, Inc. (NYSE:CLH)

Oregon Public Employees Retirement Fund lowered its stake in shares of Clean Harbors, Inc. (NYSE:CLH) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,320 shares of the business services provider’s stock after selling 54 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Clean Harbors were worth $2,375,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of CLH. Creative Planning grew its holdings in Clean Harbors by 10.8% during 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 in the last quarter. Private Advisor Group LLC boosted its position in Clean Harbors by 8.0% in the third quarter. Private Advisor Group LLC now owns 1,502 shares of the business services provider’s stock worth $363,000 after purchasing an additional 111 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Clean Harbors by 6.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 3,882 shares of the business services provider’s stock worth $938,000 after purchasing an additional 219 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in Clean Harbors by 14.3% in the third quarter. Nisa Investment Advisors LLC now owns 15,552 shares of the business services provider’s stock worth $3,759,000 after purchasing an additional 1,951 shares during the last quarter. Finally, First Trust Direct Indexing L.P. boosted its position in Clean Harbors by 22.6% in the third quarter. First Trust Direct Indexing L.P. now owns 1,148 shares of the business services provider’s stock worth $277,000 after purchasing an additional 212 shares during the last quarter. Institutional investors own 90.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. TD Cowen assumed coverage on Clean Harbors in a research report on Friday, December 6th. They issued a “buy” rating and a $325.00 price objective on the stock. Needham & Company LLC reissued a “buy” rating and issued a $268.00 price objective on shares of Clean Harbors in a research report on Thursday, February 20th. StockNews.com cut Clean Harbors from a “buy” rating to a “hold” rating in a research report on Tuesday. BMO Capital Markets cut their price objective on Clean Harbors from $284.00 to $270.00 and set an “outperform” rating on the stock in a research report on Thursday, February 20th. Finally, Stifel Nicolaus dropped their price target on Clean Harbors from $290.00 to $285.00 and set a “buy” rating on the stock in a research report on Thursday, February 20th. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $270.56.

Clean Harbors Stock Down 1.5 %

Shares of NYSE CLH opened at $210.34 on Friday. The business’s fifty day moving average price is $231.04 and its 200-day moving average price is $241.50. The stock has a market capitalization of $11.33 billion, a PE ratio of 28.35 and a beta of 1.24. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.21 and a quick ratio of 1.76. Clean Harbors, Inc. has a one year low of $180.37 and a one year high of $267.11.

Clean Harbors (NYSE:CLH) last issued its quarterly earnings data on Wednesday, February 19th. The business services provider reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.19. The business had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.43 billion. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.82 EPS. On average, equities research analysts anticipate that Clean Harbors, Inc. will post 7.89 EPS for the current year.

Insider Buying and Selling

In related news, Director Lauren States sold 308 shares of the stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $239.04, for a total transaction of $73,624.32. Following 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last quarter, insiders have sold 924 shares of company stock valued at $219,570. Corporate insiders own 5.90% of the company’s stock.

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.