Lbp Am Sa Sells 25,723 Shares of Clean Harbors, Inc. (NYSE:CLH)

LBP AM SA lowered its holdings in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 24.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 81,566 shares of the business services provider's stock after selling 25,723 shares during the period. LBP AM SA owned about 0.15% of Clean Harbors worth $18,772,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of CLH. Skandinaviska Enskilda Banken AB publ increased its position in shares of Clean Harbors by 2,650.0% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 165 shares of the business services provider's stock worth $38,000 after purchasing an additional 159 shares during the last quarter. Allworth Financial LP increased its holdings in Clean Harbors by 130.4% in the fourth quarter. Allworth Financial LP now owns 182 shares of the business services provider's stock valued at $44,000 after buying an additional 103 shares during the last quarter. Assetmark Inc. lifted its holdings in Clean Harbors by 10,250.0% during the 4th 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 shares of Clean Harbors in the 3rd quarter worth approximately $56,000. Finally, UMB Bank n.a. increased its holdings in shares of Clean Harbors by 30.8% in the 4th quarter. UMB Bank n.a. now owns 280 shares of the business services provider's stock valued at $64,000 after acquiring an additional 66 shares during 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, CFO Eric J. Dugas purchased 1,050 shares of the company's stock in a transaction dated Monday, March 10th. The shares were bought at an average price of $191.38 per share, for a total transaction of $200,949.00. Following the purchase, 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 legal filing with the SEC, which can be accessed through this link. Also, Director Lauren States sold 308 shares of the firm's stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $239.04, for a total value of $73,624.32. Following the transaction, the director now owns 12,226 shares in the company, valued at approximately $2,922,503.04. This trade represents a 2.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,341 shares of company stock valued at $663,041 over the last ninety days. Corporate insiders own 5.90% of the company's stock.

Clean Harbors Price Performance

CLH stock traded up $1.19 during trading on Tuesday, hitting $194.99. The company had a trading volume of 403,723 shares, compared to its average volume of 315,413. The business has a 50 day moving average of $223.19 and a 200 day moving average of $237.94. The firm has a market capitalization of $10.50 billion, a price-to-earnings ratio of 26.28 and a beta of 1.22. 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 fifty-two week low of $186.54 and a fifty-two week high of $267.11.

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 (EPS) for the quarter, beating analysts' consensus estimates of $1.36 by $0.19. The firm had revenue of $1.43 billion during 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 firm's quarterly revenue was up 6.9% on a year-over-year basis. During the same period last year, the company posted $1.82 EPS. As a group, research analysts predict that Clean Harbors, Inc. will post 7.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on CLH. Needham & Company LLC restated a "buy" rating and issued a $268.00 price target on shares of Clean Harbors in a research report on Thursday, February 20th. TD Cowen initiated coverage on Clean Harbors in a research note on Friday, December 6th. They set a "buy" rating and a $325.00 price objective for the company. Stifel Nicolaus cut their target price on Clean Harbors from $290.00 to $285.00 and set a "buy" rating on the stock in a research note on Thursday, February 20th. Robert W. Baird lowered their price target on shares of Clean Harbors from $285.00 to $272.00 and set an "outperform" rating for the company in a research report on Thursday, February 20th. Finally, Truist Financial dropped their price objective on shares of Clean Harbors from $280.00 to $270.00 and set a "buy" rating on the stock in a report on Thursday, February 20th. One 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. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $270.56.

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.