Atria Investments Inc Has $4.94 Million Stock Holdings in Clean Harbors, Inc. (NYSE:CLH)

Atria Investments Inc reduced its position in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 27.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,443 shares of the business services provider's stock after selling 7,614 shares during the quarter. Atria Investments Inc's holdings in Clean Harbors were worth $4,941,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in CLH. Innealta Capital LLC purchased a new stake in Clean Harbors during the second quarter worth approximately $25,000. UMB Bank n.a. increased its position in Clean Harbors by 63.4% during the third quarter. UMB Bank n.a. now owns 214 shares of the business services provider's stock worth $52,000 after buying an additional 83 shares during the period. Brown Brothers Harriman & Co. acquired a new position in Clean Harbors during the second quarter worth approximately $56,000. CENTRAL TRUST Co increased its position in Clean Harbors by 161.6% during the third quarter. CENTRAL TRUST Co now owns 259 shares of the business services provider's stock worth $63,000 after buying an additional 160 shares during the period. Finally, Blue Trust Inc. raised its stake in shares of Clean Harbors by 117.7% during the second quarter. Blue Trust Inc. now owns 320 shares of the business services provider's stock worth $72,000 after purchasing an additional 173 shares during the last quarter. Hedge funds and other institutional investors own 90.43% of the company's stock.

Insider Activity

In other news, CEO Michael Louis Battles sold 10,000 shares of Clean Harbors 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 transaction, the chief executive officer now owns 77,136 shares in the company, valued at approximately $18,955,400.64. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Clean Harbors news, CEO Michael Louis Battles sold 10,000 shares of the business's 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 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 SEC, which is available through the SEC website. Also, insider Robert Speights sold 610 shares of the business's stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $240.14, for a total value of $146,485.40. Following the completion of the transaction, the insider now owns 39,160 shares in the company, valued at $9,403,882.40. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,227 shares of company stock worth $2,759,617. 5.90% of the stock is owned by corporate insiders.

Clean Harbors Trading Down 0.6 %

Shares of Clean Harbors stock traded down $1.54 on Wednesday, reaching $259.09. 294,577 shares of the company were exchanged, compared to its average volume of 297,897. The stock has a fifty day moving average price of $247.99 and a 200-day moving average price of $232.71. The firm has a market capitalization of $13.96 billion, a price-to-earnings ratio of 34.07 and a beta of 1.20. The company has a current ratio of 2.10, a quick ratio of 1.76 and a debt-to-equity ratio of 1.10. Clean Harbors, Inc. has a fifty-two week low of $158.42 and a fifty-two week high of $267.11.

Clean Harbors (NYSE:CLH - Get Free Report) last announced its earnings results 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 period last year, the firm earned $1.68 earnings per share. The firm's revenue for the quarter was up 12.0% on a year-over-year basis. On average, analysts expect that Clean Harbors, Inc. will post 7.29 EPS for the current year.

Analyst Upgrades and Downgrades

CLH has been the subject of a number of research analyst reports. Robert W. Baird dropped their price target on Clean Harbors from $300.00 to $285.00 and set an "outperform" rating for the company in a research report on Thursday, October 31st. Truist Financial raised their price target on Clean Harbors from $260.00 to $280.00 and gave the company a "buy" rating in a research report on Thursday, October 31st. Stifel Nicolaus reaffirmed a "buy" rating and set a $275.00 price objective (up previously from $240.00) on shares of Clean Harbors in a research note on Thursday, August 1st. StockNews.com lowered Clean Harbors from a "strong-buy" rating to a "buy" rating in a research note on Thursday, October 31st. Finally, Needham & Company LLC decreased their price objective on Clean Harbors from $274.00 to $268.00 and set a "buy" rating on the stock in a research note 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 MarketBeat, Clean Harbors currently has an average rating of "Buy" and a consensus price target of $254.33.

About Clean Harbors

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.