Ashton Thomas Private Wealth LLC Has $3.26 Million Position in Clean Harbors, Inc. (NYSE:CLH)

Ashton Thomas Private Wealth LLC decreased its stake in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 31.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,493 shares of the business services provider's stock after selling 6,246 shares during the period. Ashton Thomas Private Wealth LLC's holdings in Clean Harbors were worth $3,261,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Moody National Bank Trust Division increased its position in Clean Harbors by 1.0% during the second quarter. Moody National Bank Trust Division now owns 4,843 shares of the business services provider's stock worth $1,095,000 after acquiring an additional 47 shares during the period. Quent Capital LLC raised its stake in Clean Harbors by 6.9% in the 2nd quarter. Quent Capital LLC now owns 725 shares of the business services provider's stock worth $164,000 after purchasing an additional 47 shares in the last quarter. Fifth Third Bancorp boosted its position in Clean Harbors by 10.5% in the second quarter. Fifth Third Bancorp now owns 528 shares of the business services provider's stock valued at $119,000 after buying an additional 50 shares in the last quarter. MJP Associates Inc. ADV boosted its position in shares of Clean Harbors by 1.1% during the 2nd quarter. MJP Associates Inc. ADV now owns 4,734 shares of the business services provider's stock valued at $1,071,000 after purchasing an additional 51 shares in the last quarter. Finally, Signaturefd LLC boosted its position in shares of Clean Harbors by 11.8% during the third quarter. Signaturefd LLC now owns 491 shares of the business services provider's stock valued at $119,000 after buying an additional 52 shares during the last quarter. 90.43% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Clean Harbors

In related news, CEO Michael Louis Battles sold 10,000 shares of Clean Harbors stock in a transaction dated Monday, September 16th. The shares were 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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Clean Harbors news, CEO Michael Louis Battles sold 10,000 shares of Clean Harbors stock in a transaction on Monday, September 16th. The shares were sold at an average price of $245.74, for a total transaction of $2,457,400.00. Following the completion of the sale, the chief executive officer now owns 77,136 shares of the company's stock, valued at approximately $18,955,400.64. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert Speights sold 610 shares of Clean Harbors stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $240.14, for a total value of $146,485.40. Following the transaction, the insider now owns 39,160 shares of the company's stock, valued at $9,403,882.40. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,227 shares of company stock valued at $2,759,617 in the last ninety days. Corporate insiders own 5.90% of the company's stock.

Clean Harbors Price Performance

Shares of CLH stock traded down $1.50 on Wednesday, reaching $259.13. The company had a trading volume of 314,727 shares, compared to its average volume of 297,988. The stock has a market capitalization of $13.97 billion, a PE ratio of 34.07 and a beta of 1.20. The business's 50-day moving average is $247.99 and its 200 day moving average is $232.71. 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 one year low of $158.42 and a one year high of $267.11.

Clean Harbors (NYSE:CLH - Get Free Report) last issued 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 net margin of 7.19% and a return on equity of 17.51%. The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same period in the previous year, the firm earned $1.68 EPS. The company's revenue was up 12.0% on a year-over-year basis. Equities research analysts forecast that Clean Harbors, Inc. will post 7.29 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on CLH shares. StockNews.com lowered shares of Clean Harbors from a "strong-buy" rating to a "buy" rating in a research report on Thursday, October 31st. Stifel Nicolaus restated a "buy" rating and issued a $275.00 target price (up previously from $240.00) on shares of Clean Harbors in a report on Thursday, August 1st. Needham & Company LLC reduced their price objective on Clean Harbors from $274.00 to $268.00 and set a "buy" rating on the stock in a research report on Thursday, October 31st. Oppenheimer upped their price target on Clean Harbors from $252.00 to $270.00 and gave the company an "outperform" rating in a research report on Monday, October 21st. Finally, The Goldman Sachs Group upped their price objective on shares of Clean Harbors from $223.00 to $256.00 and gave the company a "neutral" rating in a research note on Thursday, August 1st. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price 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.