Loomis Sayles & Co. L P Buys 2,841 Shares of Clean Harbors, Inc. (NYSE:CLH)

Loomis Sayles & Co. L P increased its position in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 2.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 129,430 shares of the business services provider's stock after purchasing an additional 2,841 shares during the quarter. Loomis Sayles & Co. L P owned approximately 0.24% of Clean Harbors worth $29,787,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pathstone Holdings LLC raised its stake in shares of Clean Harbors by 1.3% during the third quarter. Pathstone Holdings LLC now owns 5,893 shares of the business services provider's stock worth $1,424,000 after buying an additional 73 shares during the last quarter. Cerity Partners LLC grew its holdings in Clean Harbors by 30.6% during the 3rd quarter. Cerity Partners LLC now owns 15,277 shares of the business services provider's stock worth $3,693,000 after acquiring an additional 3,580 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in shares of Clean Harbors during the 3rd quarter valued at $919,000. Bank of Montreal Can lifted its stake in shares of Clean Harbors by 11.1% in the 3rd quarter. Bank of Montreal Can now owns 40,629 shares of the business services provider's stock valued at $9,687,000 after purchasing an additional 4,060 shares during the period. Finally, FMR LLC boosted its position in shares of Clean Harbors by 12.0% in the 3rd quarter. FMR LLC now owns 1,747,215 shares of the business services provider's stock worth $422,319,000 after purchasing an additional 187,140 shares during the last quarter. 90.43% of the stock is owned by institutional investors.

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Insiders Place Their Bets

In other Clean Harbors news, CFO Eric J. Dugas acquired 1,050 shares of the business's stock in a transaction dated Monday, March 10th. The shares were acquired at an average price of $191.38 per share, with a total value of $200,949.00. Following the completion of the transaction, the chief financial officer now directly owns 24,238 shares in the company, valued at $4,638,668.44. This trade represents a 4.53 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Robert Speights sold 2,725 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of $190.44, for a total transaction of $518,949.00. Following the transaction, the insider now owns 40,008 shares of the company's stock, valued at $7,619,123.52. The trade was a 6.38 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,341 shares of company stock valued at $663,041 in the last quarter. 5.90% of the stock is currently owned by insiders.

Analyst Ratings Changes

CLH has been the topic of several analyst reports. The Goldman Sachs Group cut their target price on Clean Harbors from $250.00 to $220.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 19th. Truist Financial cut their price target on shares of Clean Harbors from $280.00 to $270.00 and set a "buy" rating on the stock 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 report on Wednesday, March 19th. Oppenheimer lowered their target price on shares of Clean Harbors from $256.00 to $254.00 and set an "outperform" rating for the company in a research note on Thursday, February 20th. Finally, BMO Capital Markets reduced their price target on shares of Clean Harbors from $284.00 to $270.00 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. One equities research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $266.56.

Clean Harbors Stock Down 0.2 %

CLH traded down $0.38 during trading on Monday, hitting $196.77. The company had a trading volume of 367,097 shares, compared to its average volume of 456,254. The company has a market capitalization of $10.60 billion, a PE ratio of 26.52 and a beta of 1.22. The company has a quick ratio of 1.76, a current ratio of 2.21 and a debt-to-equity ratio of 1.08. Clean Harbors, Inc. has a one year low of $186.54 and a one year high of $267.11. The firm's 50-day moving average price is $216.86 and its 200 day moving average price is $235.37.

Clean Harbors (NYSE:CLH - Get Free Report) last issued 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 for the quarter, compared to analyst estimates of $1.43 billion. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. The company's quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.82 earnings per share. As a group, equities analysts expect that Clean Harbors, Inc. will post 7.89 earnings per share for the current year.

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.