Robeco Schweiz AG Sells 17,335 Shares of Clean Harbors, Inc. (NYSE:CLH)

Robeco Schweiz AG reduced its position in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 5.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 290,155 shares of the business services provider's stock after selling 17,335 shares during the quarter. Clean Harbors makes up 1.4% of Robeco Schweiz AG's portfolio, making the stock its 26th largest holding. Robeco Schweiz AG owned approximately 0.54% of Clean Harbors worth $66,776,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in CLH. Allworth Financial LP grew its holdings in shares of Clean Harbors by 130.4% in the 4th quarter. Allworth Financial LP now owns 182 shares of the business services provider's stock worth $44,000 after purchasing an additional 103 shares during the last quarter. Prospera Private Wealth LLC bought a new stake in shares of Clean Harbors during the third quarter worth $56,000. UMB Bank n.a. lifted its position in Clean Harbors by 30.8% during the 4th quarter. UMB Bank n.a. now owns 280 shares of the business services provider's stock valued at $64,000 after purchasing an additional 66 shares during the period. TD Private Client Wealth LLC boosted its stake in Clean Harbors by 42.6% in the third quarter. TD Private Client Wealth LLC now owns 291 shares of the business services provider's stock valued at $70,000 after acquiring an additional 87 shares during the last quarter. Finally, Spire Wealth Management boosted its position in shares of Clean Harbors by 396.7% in the 4th quarter. Spire Wealth Management now owns 298 shares of the business services provider's stock worth $69,000 after purchasing an additional 238 shares during the last quarter. 90.43% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

A number of research analysts recently issued reports on CLH shares. Oppenheimer decreased their price objective on shares of Clean Harbors from $256.00 to $254.00 and set an "outperform" rating for the company in a report on Thursday, February 20th. Stifel Nicolaus dropped their target price on Clean Harbors from $290.00 to $285.00 and set a "buy" rating on the stock in a research report on Thursday, February 20th. StockNews.com cut shares of Clean Harbors from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Needham & Company LLC reissued a "buy" rating and issued a $268.00 target price on shares of Clean Harbors in a research note on Thursday, February 20th. Finally, Robert W. Baird lowered their price objective on shares of Clean Harbors from $285.00 to $272.00 and set an "outperform" rating on the stock in a research note on Thursday, February 20th. Two research 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. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $270.56.

Insider Activity at Clean Harbors

In related news, Director Lauren States sold 308 shares of the firm's stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $239.04, for a total transaction of $73,624.32. Following the transaction, the director now directly owns 12,226 shares of the company's stock, valued at approximately $2,922,503.04. This trade represents a 2.46 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 924 shares of company stock worth $219,570 in the last ninety days. 5.90% of the stock is owned by company insiders.

Clean Harbors Stock Performance

Shares of CLH stock traded up $2.72 during midday trading on Friday, hitting $213.24. 624,547 shares of the company were exchanged, compared to its average volume of 448,240. Clean Harbors, Inc. has a 52 week low of $180.37 and a 52 week high of $267.11. The firm has a market capitalization of $11.48 billion, a P/E ratio of 28.74 and a beta of 1.24. The firm's 50 day moving average price is $230.70 and its two-hundred day moving average price is $241.43. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.76 and a current ratio of 2.21.

Clean Harbors (NYSE:CLH - Get Free Report) last issued 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. The firm had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.43 billion. Clean Harbors had a net margin of 6.83% and a return on equity of 16.33%. The business's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period last year, the business posted $1.82 earnings per share. As a group, equities research analysts anticipate 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.