Natixis Advisors LLC Decreases Stock Holdings in Clean Harbors, Inc. (NYSE:CLH)

Natixis Advisors LLC lowered its position in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 10.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 78,259 shares of the business services provider's stock after selling 8,734 shares during the quarter. Natixis Advisors LLC owned about 0.15% of Clean Harbors worth $18,011,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Hantz Financial Services Inc. increased its stake in shares of Clean Harbors by 1.4% in the third quarter. Hantz Financial Services Inc. now owns 2,803 shares of the business services provider's stock worth $678,000 after purchasing an additional 39 shares in the last quarter. Icon Wealth Advisors LLC boosted its holdings in Clean Harbors by 8.4% in the 3rd quarter. Icon Wealth Advisors LLC now owns 581 shares of the business services provider's stock worth $140,000 after buying an additional 45 shares during the period. Traynor Capital Management Inc. grew its stake in Clean Harbors by 3.6% in the 4th quarter. Traynor Capital Management Inc. now owns 1,450 shares of the business services provider's stock valued at $334,000 after buying an additional 50 shares in the last quarter. CIBC Asset Management Inc raised its holdings in Clean Harbors by 3.5% during the 3rd quarter. CIBC Asset Management Inc now owns 1,563 shares of the business services provider's stock valued at $378,000 after acquiring an additional 53 shares during the period. Finally, Williamson Legacy Group LLC lifted its position in shares of Clean Harbors by 1.4% during the fourth quarter. Williamson Legacy Group LLC now owns 3,727 shares of the business services provider's stock worth $858,000 after acquiring an additional 53 shares in the last quarter. 90.43% of the stock is owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

Several equities analysts have recently weighed in on CLH shares. Stifel Nicolaus reduced their price target on Clean Harbors from $290.00 to $285.00 and set a "buy" rating for the company in a research report on Thursday, February 20th. Robert W. Baird reduced their target price on Clean Harbors from $285.00 to $272.00 and set an "outperform" rating for the company in a report on Thursday, February 20th. StockNews.com upgraded Clean Harbors from a "hold" rating to a "buy" rating in a research report on Wednesday. TD Cowen began coverage on shares of Clean Harbors in a research report on Friday, December 6th. They issued a "buy" rating and a $325.00 price objective for the company. Finally, The Goldman Sachs Group decreased their target price on shares of Clean Harbors from $250.00 to $220.00 and set a "neutral" rating on the stock in a report on Wednesday. One analyst has rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $266.56.

Insider Transactions at Clean Harbors

In related news, insider Robert Speights sold 2,725 shares of the stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $190.44, for a total transaction of $518,949.00. Following 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Lauren States sold 308 shares of Clean Harbors stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $228.79, for a total transaction of $70,467.32. Following the completion of the transaction, the director now directly owns 11,918 shares of the company's stock, valued at $2,726,719.22. This trade represents a 2.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 3,341 shares of company stock worth $663,041. 5.90% of the stock is currently owned by insiders.

Clean Harbors Price Performance

CLH traded down $1.47 during midday trading on Friday, hitting $196.43. The stock had a trading volume of 509,399 shares, compared to its average volume of 316,893. The company has a market cap of $10.58 billion, a P/E ratio of 26.47 and a beta of 1.22. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.76 and a current ratio of 2.21. Clean Harbors, Inc. has a 1 year low of $186.54 and a 1 year high of $267.11. The business has a fifty day moving average of $220.56 and a 200 day moving average of $236.68.

Clean Harbors (NYSE:CLH - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The business services provider reported $1.55 EPS for the quarter, beating analysts' consensus estimates of $1.36 by $0.19. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.43 billion. Clean Harbors had a net margin of 6.83% and a return on equity of 16.33%. The firm's revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.82 EPS. As a group, equities analysts forecast that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

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.