Border to Coast Pensions Partnership Ltd Takes Position in Clean Harbors, Inc. (NYSE:CLH)

Border to Coast Pensions Partnership Ltd purchased a new stake in Clean Harbors, Inc. (NYSE:CLH - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 20,000 shares of the business services provider's stock, valued at approximately $4,600,000.

Other large investors also recently bought and sold shares of the company. UMB Bank n.a. increased its position in shares of 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 buying an additional 83 shares in the last quarter. Prospera Private Wealth LLC purchased a new stake in Clean Harbors in the 3rd quarter worth $56,000. Brown Brothers Harriman & Co. acquired a new position in Clean Harbors during the second quarter worth $56,000. CENTRAL TRUST Co lifted its holdings in Clean Harbors by 161.6% during 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. Finally, TD Private Client Wealth LLC grew its position in shares of 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 during the period. Institutional investors and hedge funds own 90.43% of the company's stock.

Insiders Place Their Bets

In other Clean Harbors news, Director Lauren States sold 308 shares of Clean Harbors stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $239.04, for a total value of $73,624.32. Following the completion of the transaction, the director now directly owns 12,226 shares of the company's stock, valued at $2,922,503.04. The trade was a 2.46 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Robert Speights sold 610 shares of the company's stock in a transaction 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 sale, the insider now directly owns 39,160 shares in the company, valued at $9,403,882.40. This represents a 1.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,446 shares of company stock valued at $2,112,800 over the last quarter. 5.90% of the stock is owned by insiders.

Clean Harbors Trading Up 1.0 %

Shares of CLH stock opened at $239.47 on Friday. 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 twelve month low of $162.62 and a twelve month high of $267.11. The company's 50-day moving average price is $242.84 and its 200-day moving average price is $240.86. The stock has a market cap of $12.91 billion, a price-to-earnings ratio of 31.18 and a beta of 1.24.

Clean Harbors (NYSE:CLH - Get Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The business services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate of $2.15 by ($0.03). The firm had revenue of $1.53 billion during the quarter, compared to analysts' expectations of $1.51 billion. Clean Harbors had a net margin of 7.19% and a return on equity of 17.51%. The business's quarterly revenue was up 12.0% on a year-over-year basis. During the same period last year, the company earned $1.68 EPS. As a group, equities analysts predict that Clean Harbors, Inc. will post 7.21 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on CLH shares. TD Cowen assumed coverage on shares of Clean Harbors in a research note on Friday, December 6th. They issued a "buy" rating and a $325.00 price target on the stock. Robert W. Baird decreased their target price on Clean Harbors from $300.00 to $285.00 and set an "outperform" rating on the stock in a research report on Thursday, October 31st. StockNews.com cut Clean Harbors from a "strong-buy" rating to a "buy" rating in a research report on Thursday, October 31st. Oppenheimer raised their price objective on Clean Harbors from $255.00 to $256.00 and gave the company an "outperform" rating in a report on Monday. Finally, Truist Financial upped their target price on shares of Clean Harbors from $260.00 to $280.00 and gave the stock a "buy" rating in a report on Thursday, October 31st. 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 stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $269.44.

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.

Want to see what other hedge funds are holding CLH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Clean Harbors, Inc. (NYSE:CLH - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.