Clean Harbors, Inc. (NYSE:CLH) Director Lauren States Sells 308 Shares

Clean Harbors, Inc. (NYSE:CLH - Get Free Report) Director Lauren States sold 308 shares of Clean Harbors stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $245.06, for a total value of $75,478.48. Following the transaction, the director now directly owns 12,534 shares in the company, valued at approximately $3,071,582.04. The trade was a 2.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Lauren States also recently made the following trade(s):

• On Friday, November 15th, Lauren States sold 308 shares of Clean Harbors stock. The stock was sold at an average price of $249.78, for a total transaction of $76,932.24.
• On Tuesday, October 15th, Lauren States sold 308 shares of Clean Harbors stock. The shares were sold at an average price of $260.74, for a total value of $80,307.92.

Clean Harbors Stock Performance

Clean Harbors stock traded down $8.03 during trading hours on Tuesday, reaching $239.45. 282,418 shares of the company were exchanged, compared to its average volume of 295,032. Clean Harbors, Inc. has a 12 month low of $161.39 and a 12 month high of $267.11. The company has a current ratio of 2.10, a quick ratio of 1.76 and a debt-to-equity ratio of 1.10. The stock has a 50-day moving average of $252.10 and a 200 day moving average of $239.71. The firm has a market cap of $12.91 billion, a price-to-earnings ratio of 31.18 and a beta of 1.22.

Clean Harbors (NYSE:CLH - Get Free Report) last posted its quarterly earnings data 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%. Clean Harbors's quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.68 earnings per share. As a group, research analysts anticipate that Clean Harbors, Inc. will post 7.21 earnings per share for the current year.

Analyst Upgrades and Downgrades

CLH has been the topic of a number of recent analyst reports. TD Cowen started coverage on Clean Harbors in a research report on Friday, December 6th. They set a "buy" rating and a $325.00 target price on the stock. Oppenheimer upped their price objective on shares of Clean Harbors from $252.00 to $270.00 and gave the company an "outperform" rating in a research note on Monday, October 21st. Truist Financial raised their target price on Clean Harbors from $260.00 to $280.00 and gave the stock a "buy" rating in a research report on Thursday, October 31st. Needham & Company LLC lowered their price objective on shares of Clean Harbors from $274.00 to $268.00 and set a "buy" rating on the stock in a research report on Thursday, October 31st. Finally, StockNews.com lowered Clean Harbors from a "strong-buy" rating to a "buy" rating in a research report on Thursday, October 31st. One research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $271.00.

Hedge Funds Weigh In On Clean Harbors

Several large investors have recently made changes to their positions in CLH. Innealta Capital LLC acquired a new position in shares of Clean Harbors during the second quarter worth approximately $25,000. UMB Bank n.a. raised its stake in Clean Harbors by 63.4% during the 3rd quarter. UMB Bank n.a. now owns 214 shares of the business services provider's stock valued at $52,000 after purchasing an additional 83 shares during the last quarter. Brown Brothers Harriman & Co. bought a new stake in Clean Harbors in the 2nd quarter valued at $56,000. Prospera Private Wealth LLC acquired a new stake in Clean Harbors in the 3rd quarter worth $56,000. Finally, CENTRAL TRUST Co increased its holdings in shares of Clean Harbors by 161.6% during the 3rd quarter. CENTRAL TRUST Co now owns 259 shares of the business services provider's stock worth $63,000 after purchasing an additional 160 shares during the period. Institutional investors and hedge funds own 90.43% 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.