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1,810 Shares in Clean Harbors, Inc. (NYSE:CLH) Acquired by Generali Investments CEE investicni spolecnost a.s.

Clean Harbors logo with Business Services background
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Generali Investments CEE investicni spolecnost a.s. acquired a new position in Clean Harbors, Inc. (NYSE:CLH - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,810 shares of the business services provider's stock, valued at approximately $417,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Janney Montgomery Scott LLC raised its holdings in Clean Harbors by 11.6% during the third quarter. Janney Montgomery Scott LLC now owns 7,003 shares of the business services provider's stock valued at $1,693,000 after acquiring an additional 728 shares during the period. Robeco Institutional Asset Management B.V. raised its stake in Clean Harbors by 19.3% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 2,812 shares of the business services provider's stock valued at $680,000 after purchasing an additional 454 shares during the period. Privium Fund Management B.V. lifted its holdings in Clean Harbors by 15.0% in the 3rd quarter. Privium Fund Management B.V. now owns 1,300 shares of the business services provider's stock worth $314,000 after purchasing an additional 170 shares in the last quarter. Sigma Planning Corp boosted its stake in Clean Harbors by 5.5% in the 3rd quarter. Sigma Planning Corp now owns 4,456 shares of the business services provider's stock worth $1,077,000 after purchasing an additional 233 shares during the period. Finally, TimesSquare Capital Management LLC grew its holdings in Clean Harbors by 6.8% during the 3rd quarter. TimesSquare Capital Management LLC now owns 12,070 shares of the business services provider's stock valued at $2,917,000 after buying an additional 770 shares in the last quarter. 90.43% of the stock is currently owned by institutional investors.

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Clean Harbors Trading Up 1.6 %

Shares of NYSE CLH traded up $3.13 during trading hours on Wednesday, hitting $195.26. 537,947 shares of the company traded hands, compared to its average volume of 477,654. Clean Harbors, Inc. has a 12 month low of $186.29 and a 12 month high of $267.11. The stock has a market capitalization of $10.52 billion, a price-to-earnings ratio of 26.32 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. The company's 50 day moving average price is $226.20 and its 200 day moving average price is $239.35.

Clean Harbors (NYSE:CLH - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The business services provider reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.19. Clean Harbors had a net margin of 6.83% and a return on equity of 16.33%. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter last year, the firm earned $1.82 earnings per share. The firm's quarterly revenue was up 6.9% compared to the same quarter last year. On average, equities research analysts anticipate that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Robert W. Baird dropped their target price 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. StockNews.com raised Clean Harbors from a "hold" rating to a "buy" rating in a report on Wednesday, March 5th. TD Cowen began coverage on Clean Harbors in a research note on Friday, December 6th. They set a "buy" rating and a $325.00 price target for the company. Truist Financial cut their price target on Clean Harbors from $280.00 to $270.00 and set a "buy" rating for the company in a report on Thursday, February 20th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $268.00 target price on shares of Clean Harbors in a report on Thursday, February 20th. One research analyst has rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $270.56.

Check Out Our Latest Analysis on CLH

Insider Activity at Clean Harbors

In other news, CFO Eric J. Dugas purchased 1,050 shares of the company'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 transaction, the chief financial officer now owns 24,238 shares of the company's stock, valued at $4,638,668.44. This represents a 4.53 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Robert Speights sold 2,725 shares of Clean Harbors stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $190.44, for a total value of $518,949.00. Following the completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,649 shares of company stock worth $738,519 in the last quarter. 5.90% of the stock is owned by company insiders.

Clean Harbors Company Profile

(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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