Clean Harbors, Inc. (NYSE:CLH) Shares Bought by American Century Companies Inc.

American Century Companies Inc. boosted its stake in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 6.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 355,218 shares of the business services provider's stock after buying an additional 21,608 shares during the period. American Century Companies Inc. owned 0.66% of Clean Harbors worth $81,750,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of CLH. Pathstone Holdings LLC raised its position in shares of Clean Harbors by 1.3% during the 3rd quarter. Pathstone Holdings LLC now owns 5,893 shares of the business services provider's stock valued at $1,424,000 after buying an additional 73 shares during the period. Meridian Wealth Management LLC purchased a new stake in Clean Harbors in the third quarter valued at $237,000. Cerity Partners LLC lifted its stake in shares of Clean Harbors by 30.6% in the 3rd quarter. Cerity Partners LLC now owns 15,277 shares of the business services provider's stock valued at $3,693,000 after purchasing an additional 3,580 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Clean Harbors during the 3rd quarter worth $919,000. Finally, Truvestments Capital LLC grew its holdings in shares of Clean Harbors by 6.5% during the 3rd quarter. Truvestments Capital LLC now owns 3,831 shares of the business services provider's stock worth $926,000 after purchasing an additional 233 shares during the period. Hedge funds and other institutional investors own 90.43% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. 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 research report on Wednesday, March 19th. StockNews.com raised shares of Clean Harbors from a "hold" rating to a "buy" rating in a research report on Wednesday, March 19th. Truist Financial dropped 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 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, BMO Capital Markets dropped their price objective on Clean Harbors from $284.00 to $270.00 and set an "outperform" rating for the company in a research note 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 given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $266.56.

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Clean Harbors Stock Down 1.1 %

Shares of CLH stock traded down $2.19 on Friday, reaching $197.24. 421,837 shares of the stock were exchanged, compared to its average volume of 325,529. The company has a market capitalization of $10.62 billion, a price-to-earnings ratio of 26.58 and a beta of 1.22. The business's 50 day moving average price is $217.75 and its 200 day moving average price is $235.69. The company has a current ratio of 2.21, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08. Clean Harbors, Inc. has a twelve month low of $186.54 and a twelve month high of $267.11.

Clean Harbors (NYSE:CLH - Get Free Report) last issued its 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. The business 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 business's quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the company earned $1.82 EPS. As a group, sell-side analysts expect that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Robert Speights sold 2,725 shares of the firm's stock in a transaction that occurred 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 in the company, valued at $7,619,123.52. This trade represents a 6.38 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Eric J. Dugas bought 1,050 shares of the stock in a transaction dated Monday, March 10th. The shares were acquired at an average price of $191.38 per share, for a total transaction of $200,949.00. Following the completion of the transaction, the chief financial officer now owns 24,238 shares of the company's stock, valued at approximately $4,638,668.44. The trade was a 4.53 % increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders sold 3,341 shares of company stock worth $663,041. Corporate insiders own 5.90% of the company's stock.

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.