Impax Asset Management Group plc Has $98.84 Million Position in Clean Harbors, Inc. (NYSE:CLH)

Impax Asset Management Group plc trimmed its stake in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 1.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 434,806 shares of the business services provider's stock after selling 5,171 shares during the quarter. Impax Asset Management Group plc owned about 0.81% of Clean Harbors worth $98,841,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Union Bancaire Privee UBP SA bought a new stake in Clean Harbors during the fourth quarter worth about $4,948,000. Sigma Planning Corp lifted its holdings in shares of Clean Harbors by 44.7% during the 4th quarter. Sigma Planning Corp now owns 6,446 shares of the business services provider's stock worth $1,483,000 after acquiring an additional 1,990 shares during the period. Transcend Capital Advisors LLC acquired a new stake in shares of Clean Harbors during the 4th quarter worth approximately $308,000. Allianz Asset Management GmbH increased its stake in Clean Harbors by 50.4% in the fourth quarter. Allianz Asset Management GmbH now owns 297,066 shares of the business services provider's stock valued at $68,367,000 after acquiring an additional 99,591 shares during the last quarter. Finally, Concurrent Investment Advisors LLC bought a new position in Clean Harbors in the fourth quarter valued at approximately $210,000. 90.43% of the stock is owned by institutional investors and hedge funds.

Clean Harbors Trading Down 1.5 %

Shares of Clean Harbors stock traded down $3.26 on Thursday, hitting $210.34. The stock had a trading volume of 362,355 shares, compared to its average volume of 443,601. The stock has a 50 day moving average of $231.04 and a 200 day moving average of $241.50. The firm has a market capitalization of $11.33 billion, a P/E ratio of 28.35 and a beta of 1.24. Clean Harbors, Inc. has a twelve month low of $180.37 and a twelve month high of $267.11. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.76 and a current ratio of 2.21.

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Clean Harbors (NYSE:CLH - Get Free Report) last posted its earnings results on Wednesday, February 19th. The business services provider reported $1.55 earnings per share for the quarter, topping analysts' consensus estimates of $1.36 by $0.19. The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.43 billion. Clean Harbors had a net margin of 6.83% and a return on equity of 16.33%. The company's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.82 EPS. Sell-side analysts expect that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CLH. StockNews.com downgraded Clean Harbors from a "buy" rating to a "hold" rating in a report on Tuesday. TD Cowen assumed coverage on Clean Harbors in a research report on Friday, December 6th. They set a "buy" rating and a $325.00 price objective for the company. Oppenheimer decreased their target price on Clean Harbors from $256.00 to $254.00 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. 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. Finally, Stifel Nicolaus reduced their price target on shares of Clean Harbors from $290.00 to $285.00 and set a "buy" rating on the stock in a research note on Thursday, February 20th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $270.56.

Insider Activity at Clean Harbors

In other Clean Harbors news, Director Lauren States sold 308 shares of the company's stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $239.04, for a total value of $73,624.32. Following the sale, the director now owns 12,226 shares in the company, valued at approximately $2,922,503.04. The trade was a 2.46 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders sold 924 shares of company stock worth $219,570 over the last three months. Company insiders own 5.90% of the company's stock.

Clean Harbors Company 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.