Clean Harbors, Inc. (NYSE:CLH) Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC decreased its stake in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 17.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,633 shares of the business services provider's stock after selling 5,100 shares during the quarter. Renaissance Technologies LLC's holdings in Clean Harbors were worth $5,669,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in CLH. Skandinaviska Enskilda Banken AB publ raised its stake in Clean Harbors by 2,650.0% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 165 shares of the business services provider's stock worth $38,000 after acquiring an additional 159 shares during the last quarter. Allworth Financial LP increased its holdings in shares of Clean Harbors by 130.4% in the fourth quarter. Allworth Financial LP now owns 182 shares of the business services provider's stock valued at $44,000 after purchasing an additional 103 shares during the period. Assetmark Inc. raised its stake in shares of Clean Harbors by 10,250.0% in the fourth quarter. Assetmark Inc. now owns 207 shares of the business services provider's stock worth $48,000 after purchasing an additional 205 shares during the last quarter. Physician Wealth Advisors Inc. acquired a new stake in shares of Clean Harbors during the fourth quarter worth about $56,000. Finally, UMB Bank n.a. boosted its position in Clean Harbors by 30.8% in the fourth quarter. UMB Bank n.a. now owns 280 shares of the business services provider's stock valued at $64,000 after buying an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 90.43% of the company's stock.

Insider Activity at Clean Harbors

In other news, insider Robert Speights sold 2,725 shares of the business's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $190.44, for a total transaction of $518,949.00. Following the transaction, the insider now directly owns 40,008 shares in the company, valued at $7,619,123.52. The trade was a 6.38 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Eric J. Dugas purchased 1,050 shares of the business's stock in a transaction that occurred on Monday, March 10th. The stock was bought at an average cost of $191.38 per share, with a total value of $200,949.00. Following the acquisition, the chief financial officer now owns 24,238 shares of the company's stock, valued at approximately $4,638,668.44. The trade was a 4.53 % increase in their position. The disclosure for this purchase can be found here. 5.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on CLH shares. Needham & Company LLC reissued a "buy" rating and set a $268.00 price target on shares of Clean Harbors in a research report on Thursday, February 20th. UBS Group reduced their target price on shares of Clean Harbors from $240.00 to $205.00 and set a "neutral" rating for the company in a report on Friday, April 11th. StockNews.com lowered shares of Clean Harbors from a "buy" rating to a "hold" rating in a report on Friday, April 18th. Robert W. Baird reduced 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, Truist Financial lowered their target price on Clean Harbors from $270.00 to $250.00 and set a "buy" rating on the stock in a research note on Tuesday. Three 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. According to data from MarketBeat.com, Clean Harbors has a consensus rating of "Moderate Buy" and an average target price of $258.40.

Clean Harbors Price Performance

Shares of NYSE CLH traded up $0.43 during trading on Wednesday, hitting $208.81. The company had a trading volume of 163,064 shares, compared to its average volume of 346,374. The firm has a market capitalization of $11.32 billion, a price-to-earnings ratio of 28.10 and a beta of 1.11. The stock has a fifty day simple moving average of $202.28 and a two-hundred day simple moving average of $229.52. 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 fifty-two week low of $178.29 and a fifty-two week high of $267.11.

Clean Harbors (NYSE:CLH - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The business services provider reported $1.55 EPS for the quarter, topping the consensus estimate of $1.36 by $0.19. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the previous year, the business earned $1.82 EPS. On average, research analysts expect that Clean Harbors, Inc. will post 7.89 earnings per share for the current year.

About Clean Harbors

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.