Clean Harbors, Inc. (NYSE:CLH) Shares Purchased by Cramer Rosenthal Mcglynn LLC

Cramer Rosenthal Mcglynn LLC increased its position in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 2.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 104,264 shares of the business services provider's stock after buying an additional 2,478 shares during the period. Clean Harbors comprises approximately 1.4% of Cramer Rosenthal Mcglynn LLC's holdings, making the stock its 29th largest position. Cramer Rosenthal Mcglynn LLC owned 0.19% of Clean Harbors worth $23,995,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of CLH. Traynor Capital Management Inc. lifted its holdings in shares of Clean Harbors by 3.6% in the fourth quarter. Traynor Capital Management Inc. now owns 1,450 shares of the business services provider's stock worth $334,000 after buying an additional 50 shares in the last quarter. Williamson Legacy Group LLC lifted its stake in Clean Harbors by 1.4% in the 4th quarter. Williamson Legacy Group LLC now owns 3,727 shares of the business services provider's stock worth $858,000 after purchasing an additional 53 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of Clean Harbors by 10.1% during the 4th quarter. GAMMA Investing LLC now owns 619 shares of the business services provider's stock valued at $142,000 after purchasing an additional 57 shares during the last quarter. Versant Capital Management Inc boosted its holdings in shares of Clean Harbors by 17.8% during the 4th quarter. Versant Capital Management Inc now owns 384 shares of the business services provider's stock valued at $88,000 after purchasing an additional 58 shares during the last quarter. Finally, Scotia Capital Inc. grew its position in shares of Clean Harbors by 0.4% during the fourth quarter. Scotia Capital Inc. now owns 14,262 shares of the business services provider's stock valued at $3,282,000 after purchasing an additional 59 shares in the last quarter. Hedge funds and other institutional investors own 90.43% of the company's stock.

Clean Harbors Trading Up 1.2 %

NYSE CLH traded up $2.50 during trading on Friday, hitting $207.25. The stock had a trading volume of 348,494 shares, compared to its average volume of 345,169. Clean Harbors, Inc. has a one year low of $178.29 and a one year high of $267.11. The stock has a 50 day simple moving average of $203.26 and a 200 day simple moving average of $229.95. The stock has a market capitalization of $11.23 billion, a price-to-earnings ratio of 27.93 and a beta of 1.11. 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 (NYSE:CLH - Get Free Report) last issued its quarterly earnings results 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. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. The firm had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same period in the prior year, the business posted $1.82 earnings per share. The company's revenue for the quarter was up 6.9% on a year-over-year basis. Sell-side analysts predict that Clean Harbors, Inc. will post 7.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Needham & Company LLC reissued a "buy" rating and set a $268.00 price target on shares of Clean Harbors in a research note on Thursday, February 20th. UBS Group decreased their price objective on Clean Harbors from $240.00 to $205.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. Truist Financial cut their target price on shares of Clean Harbors from $280.00 to $270.00 and set a "buy" rating for the company in a report on Thursday, February 20th. Robert W. Baird decreased 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 note on Thursday, February 20th. Finally, The Goldman Sachs Group dropped their price objective on shares of Clean Harbors from $250.00 to $220.00 and set a "neutral" rating for the company in a research note on Wednesday, March 19th. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $260.40.

Insider Activity at Clean Harbors

In related news, insider Robert Speights sold 2,725 shares of Clean Harbors 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 transaction, the insider now directly owns 40,008 shares of the company's stock, valued at $7,619,123.52. This trade represents a 6.38 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Eric J. Dugas acquired 1,050 shares of Clean Harbors stock in a transaction that occurred on Monday, March 10th. The stock was acquired at an average cost of $191.38 per share, with a total value of $200,949.00. Following the purchase, the chief financial officer now directly owns 24,238 shares of the company's stock, valued at $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. 5.90% of the stock is owned by company insiders.

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.