Clean Harbors, Inc. (NYSE:CLH) Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio reduced its stake in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 12.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,154 shares of the business services provider's stock after selling 2,791 shares during the period. Public Employees Retirement System of Ohio's holdings in Clean Harbors were worth $4,871,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in CLH. Hantz Financial Services Inc. boosted its holdings in Clean Harbors by 1.4% during the third quarter. Hantz Financial Services Inc. now owns 2,803 shares of the business services provider's stock worth $678,000 after buying an additional 39 shares in the last quarter. Icon Wealth Advisors LLC boosted its stake in shares of Clean Harbors by 8.4% during the 3rd quarter. Icon Wealth Advisors LLC now owns 581 shares of the business services provider's stock worth $140,000 after acquiring an additional 45 shares in the last quarter. Fifth Third Bancorp grew its holdings in shares of Clean Harbors by 10.5% in the 2nd quarter. Fifth Third Bancorp now owns 528 shares of the business services provider's stock worth $119,000 after acquiring an additional 50 shares during the period. Signaturefd LLC increased its stake in Clean Harbors by 11.8% in the 3rd quarter. Signaturefd LLC now owns 491 shares of the business services provider's stock valued at $119,000 after purchasing an additional 52 shares in the last quarter. Finally, CIBC Asset Management Inc raised its holdings in Clean Harbors by 3.5% during the third quarter. CIBC Asset Management Inc now owns 1,563 shares of the business services provider's stock worth $378,000 after purchasing an additional 53 shares during the last quarter. 90.43% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Robert Speights sold 610 shares of the 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 completion of the sale, the insider now owns 39,160 shares of the company's stock, valued at $9,403,882.40. This represents a 1.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Michael Louis Battles sold 10,000 shares of the company's stock in a transaction on Monday, September 16th. The stock was sold at an average price of $245.74, for a total transaction of $2,457,400.00. Following the sale, the chief executive officer now directly owns 77,136 shares of the company's stock, valued at approximately $18,955,400.64. This trade represents a 11.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 18,447 shares of company stock valued at $4,576,829. Insiders own 5.90% of the company's stock.

Clean Harbors Trading Down 1.3 %

CLH stock traded down $3.20 during midday trading on Friday, hitting $244.28. The stock had a trading volume of 160,504 shares, compared to its average volume of 295,524. Clean Harbors, Inc. has a 12-month low of $161.39 and a 12-month high of $267.11. The firm has a market cap of $13.17 billion, a PE ratio of 31.81 and a beta of 1.22. The company's 50-day moving average price is $252.32 and its 200 day moving average price is $239.32. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.10 and a quick ratio of 1.76.

Clean Harbors (NYSE:CLH - Get Free Report) last released its earnings results on Wednesday, October 30th. The business services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate of $2.15 by ($0.03). Clean Harbors had a return on equity of 17.51% and a net margin of 7.19%. The business had revenue of $1.53 billion for the quarter, compared to analysts' expectations of $1.51 billion. During the same quarter last year, the company posted $1.68 earnings per share. The business's quarterly revenue was up 12.0% compared to the same quarter last year. On average, equities research analysts predict that Clean Harbors, Inc. will post 7.21 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

CLH has been the topic of several research reports. Needham & Company LLC lowered their target price on Clean Harbors from $274.00 to $268.00 and set a "buy" rating on the stock in a report on Thursday, October 31st. Stifel Nicolaus increased their price objective on shares of Clean Harbors from $270.00 to $290.00 and gave the company a "buy" rating in a research note on Wednesday. StockNews.com cut shares of Clean Harbors from a "strong-buy" rating to a "buy" rating in a research report on Thursday, October 31st. TD Cowen initiated coverage on shares of Clean Harbors in a research report on Friday, December 6th. They issued a "buy" rating and a $325.00 price target on the stock. Finally, Oppenheimer raised their price objective on shares of Clean Harbors from $252.00 to $270.00 and gave the stock an "outperform" rating in a research note on Monday, October 21st. One research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Clean Harbors currently has an average rating of "Buy" and an average target price of $271.00.

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.