New York State Common Retirement Fund Sells 8,659 Shares of Clean Harbors, Inc. (NYSE:CLH)

New York State Common Retirement Fund trimmed its stake in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 10.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 70,601 shares of the business services provider's stock after selling 8,659 shares during the period. New York State Common Retirement Fund owned about 0.13% of Clean Harbors worth $17,065,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of CLH. Swedbank AB grew its position in Clean Harbors by 83.3% during the 2nd quarter. Swedbank AB now owns 110,000 shares of the business services provider's stock worth $24,876,000 after acquiring an additional 50,000 shares during the last quarter. Oppenheimer & Co. Inc. bought a new position in Clean Harbors in the first quarter valued at about $828,000. Driehaus Capital Management LLC increased its position in Clean Harbors by 17.1% in the second quarter. Driehaus Capital Management LLC now owns 123,813 shares of the business services provider's stock worth $28,000,000 after purchasing an additional 18,058 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in Clean Harbors by 25.6% in the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 22,309 shares of the business services provider's stock valued at $4,491,000 after buying an additional 4,554 shares during the period. Finally, Bridges Investment Management Inc. bought a new position in Clean Harbors in the second quarter valued at approximately $729,000. 90.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have commented on CLH. Truist Financial upped their target price on shares of Clean Harbors from $260.00 to $280.00 and gave the company a "buy" rating in a research report on Thursday, October 31st. Oppenheimer boosted their target price on Clean Harbors from $252.00 to $270.00 and gave the stock an "outperform" rating in a research report on Monday, October 21st. Robert W. Baird reduced their price objective on shares of Clean Harbors from $300.00 to $285.00 and set an "outperform" rating on the stock in a research note on Thursday, October 31st. The Goldman Sachs Group upped their target price on shares of Clean Harbors from $223.00 to $256.00 and gave the company a "neutral" rating in a research note on Thursday, August 1st. Finally, Stifel Nicolaus reissued a "buy" rating and set a $275.00 price target (up from $240.00) on shares of Clean Harbors in a research report on Thursday, August 1st. One equities research analyst has rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $254.33.

Insider Buying and Selling

In other Clean Harbors news, insider Robert Speights sold 610 shares of the company's stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $240.14, for a total value of $146,485.40. Following the sale, the insider now owns 39,160 shares in the company, valued at $9,403,882.40. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Clean Harbors news, insider Robert Speights sold 610 shares of the company's stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $240.14, for a total value of $146,485.40. Following the transaction, the insider now directly owns 39,160 shares in the company, valued at $9,403,882.40. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Lauren States sold 308 shares of Clean Harbors stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $260.74, for a total transaction of $80,307.92. Following the sale, the director now directly owns 13,150 shares of the company's stock, valued at $3,428,731. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 11,227 shares of company stock worth $2,759,617. Company insiders own 5.90% of the company's stock.

Clean Harbors Stock Up 7.6 %

CLH stock traded up $18.31 during mid-day trading on Wednesday, reaching $259.51. The company had a trading volume of 796,982 shares, compared to its average volume of 298,302. Clean Harbors, Inc. has a 52 week low of $152.57 and a 52 week high of $267.11. The company has a market capitalization of $13.99 billion, a price-to-earnings ratio of 31.43 and a beta of 1.20. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.10 and a quick ratio of 1.76. The stock has a 50 day simple moving average of $246.16 and a two-hundred day simple moving average of $230.44.

Clean Harbors (NYSE:CLH - Get Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The business services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.15 by ($0.03). The firm had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.51 billion. Clean Harbors had a return on equity of 17.51% and a net margin of 7.19%. The business's revenue was up 12.0% compared to the same quarter last year. During the same period last year, the company posted $1.68 earnings per share. As a group, equities analysts predict that Clean Harbors, Inc. will post 7.29 earnings per share for the current fiscal 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.