Boston Partners Sells 5,906 Shares of Clean Harbors, Inc. (NYSE:CLH)

Boston Partners lowered its stake in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 39.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,928 shares of the business services provider's stock after selling 5,906 shares during the quarter. Boston Partners' holdings in Clean Harbors were worth $2,055,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in CLH. Skandinaviska Enskilda Banken AB publ grew its position in Clean Harbors by 2,650.0% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 165 shares of the business services provider's stock valued at $38,000 after acquiring an additional 159 shares during the period. Allworth Financial LP lifted its stake in shares of Clean Harbors by 130.4% in the 4th quarter. Allworth Financial LP now owns 182 shares of the business services provider's stock valued at $44,000 after purchasing an additional 103 shares during the period. Assetmark Inc. boosted its holdings in Clean Harbors by 10,250.0% during the fourth quarter. Assetmark Inc. now owns 207 shares of the business services provider's stock worth $48,000 after buying an additional 205 shares during the last quarter. Prospera Private Wealth LLC acquired a new position in Clean Harbors during the third quarter valued at approximately $56,000. Finally, UMB Bank n.a. increased its holdings in shares of Clean Harbors by 30.8% in the fourth quarter. UMB Bank n.a. now owns 280 shares of the business services provider's stock worth $64,000 after acquiring an additional 66 shares in the last quarter. Institutional investors and hedge funds own 90.43% of the company's stock.

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Insider Transactions at Clean Harbors

In other Clean Harbors news, insider Robert Speights sold 2,725 shares of the company's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $190.44, for a total transaction of $518,949.00. Following the completion of the sale, the insider now directly owns 40,008 shares of the company's stock, valued at approximately $7,619,123.52. This represents a 6.38 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Eric J. Dugas purchased 1,050 shares of Clean Harbors stock in a transaction on Monday, March 10th. The stock was bought at an average price of $191.38 per share, with a total value of $200,949.00. Following the transaction, the chief financial officer now owns 24,238 shares of the company's stock, valued at approximately $4,638,668.44. This represents a 4.53 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have sold 3,341 shares of company stock worth $663,041. Corporate insiders own 5.90% of the company's stock.

Clean Harbors Price Performance

NYSE CLH traded down $1.29 during trading hours on Wednesday, reaching $199.45. 293,201 shares of the stock traded hands, compared to its average volume of 462,456. The stock has a 50 day simple moving average of $219.30 and a two-hundred day simple moving average of $236.20. The company has a market cap of $10.74 billion, a price-to-earnings ratio of 26.88 and a beta of 1.22. Clean Harbors, Inc. has a 1 year low of $186.54 and a 1 year high of $267.11. 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 (NYSE:CLH - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The business services provider reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.19. The business had revenue of $1.43 billion during 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 business's revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the business posted $1.82 EPS. On average, analysts predict that Clean Harbors, Inc. will post 7.89 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have commented on CLH. BMO Capital Markets reduced their price target on Clean Harbors from $284.00 to $270.00 and set an "outperform" rating for the company in a research report on Thursday, February 20th. StockNews.com upgraded shares of Clean Harbors from a "hold" rating to a "buy" rating in a research report on Wednesday, March 19th. Oppenheimer decreased their price target on shares of Clean Harbors from $256.00 to $254.00 and set an "outperform" rating on the stock in a research note on Thursday, February 20th. Stifel Nicolaus dropped their price objective on Clean Harbors from $290.00 to $285.00 and set a "buy" rating for the company in a report on Thursday, February 20th. Finally, Robert W. Baird reduced their price target on shares of Clean Harbors from $285.00 to $272.00 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. One 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's stock. According to MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $266.56.

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.