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Coyle Financial Counsel LLC Sells 8,664 Shares of Clean Harbors, Inc. (NYSE:CLH)

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Coyle Financial Counsel LLC cut its stake in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 47.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,723 shares of the business services provider's stock after selling 8,664 shares during the period. Clean Harbors accounts for 0.7% of Coyle Financial Counsel LLC's holdings, making the stock its 22nd largest position. Coyle Financial Counsel LLC's holdings in Clean Harbors were worth $2,238,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in CLH. Creative Planning raised its stake in Clean Harbors by 10.8% in the third quarter. Creative Planning now owns 3,147 shares of the business services provider's stock valued at $761,000 after purchasing an additional 308 shares in the last quarter. Blue Trust Inc. raised its position in Clean Harbors by 19.1% during the third quarter. Blue Trust Inc. now owns 381 shares of the business services provider's stock valued at $86,000 after purchasing an additional 61 shares in the last quarter. Signaturefd LLC lifted its stake in Clean Harbors by 11.8% during the third quarter. Signaturefd LLC now owns 491 shares of the business services provider's stock worth $119,000 after purchasing an additional 52 shares during the last quarter. Private Advisor Group LLC boosted its holdings in shares of Clean Harbors by 8.0% in the 3rd quarter. Private Advisor Group LLC now owns 1,502 shares of the business services provider's stock valued at $363,000 after purchasing an additional 111 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new position in shares of Clean Harbors in the 3rd quarter valued at $31,550,000. Institutional investors own 90.43% of the company's stock.

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Clean Harbors Stock Up 1.3 %

NYSE:CLH traded up $2.72 on Friday, hitting $213.24. The stock had a trading volume of 624,547 shares, compared to its average volume of 448,240. 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 52 week low of $180.37 and a 52 week high of $267.11. The business's fifty day moving average is $231.04 and its 200 day moving average is $241.50. The company has a market cap of $11.48 billion, a PE ratio of 28.74 and a beta of 1.24.

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 (EPS) for the quarter, topping analysts' consensus estimates of $1.36 by $0.19. The company had revenue of $1.43 billion for the quarter, compared to analysts' expectations of $1.43 billion. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. Clean Harbors's quarterly revenue was up 6.9% compared to the same quarter last year. During the same period last year, the business earned $1.82 EPS. On average, equities research analysts expect that Clean Harbors, Inc. will post 7.89 EPS for the current fiscal year.

Insider Transactions at Clean Harbors

In related news, Director Lauren States sold 308 shares of the firm's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $228.79, for a total value of $70,467.32. Following the transaction, the director now owns 11,918 shares of the company's stock, valued at approximately $2,726,719.22. This trade represents a 2.52 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 924 shares of company stock valued at $219,570 over the last three months. Corporate insiders own 5.90% of the company's stock.

Analyst Ratings Changes

Several analysts recently weighed in on CLH shares. TD Cowen assumed coverage on Clean Harbors in a research note on Friday, December 6th. They issued a "buy" rating and a $325.00 price objective on the stock. StockNews.com cut shares of Clean Harbors from a "buy" rating to a "hold" rating in a research note on Tuesday. Stifel Nicolaus cut their price target 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 objective on Clean Harbors from $285.00 to $272.00 and set an "outperform" rating for the company in a research note on Thursday, February 20th. Finally, BMO Capital Markets decreased their price target on shares of Clean Harbors from $284.00 to $270.00 and set an "outperform" rating for the company in a research report on Thursday, February 20th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $270.56.

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About Clean Harbors

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Clean Harbors (NYSE:CLH)

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