Clean Harbors, Inc. (NYSE:CLH) Shares Sold by SFE Investment Counsel

SFE Investment Counsel cut its position in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 29.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,425 shares of the business services provider's stock after selling 1,872 shares during the period. SFE Investment Counsel's holdings in Clean Harbors were worth $1,018,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Hantz Financial Services Inc. increased its holdings in shares of Clean Harbors by 1.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,803 shares of the business services provider's stock valued at $678,000 after purchasing an additional 39 shares in the last quarter. Icon Wealth Advisors LLC boosted its holdings in Clean Harbors by 8.4% during the third quarter. Icon Wealth Advisors LLC now owns 581 shares of the business services provider's stock worth $140,000 after buying an additional 45 shares in the last quarter. Traynor Capital Management Inc. grew its position in Clean Harbors by 3.6% during the fourth quarter. Traynor Capital Management Inc. now owns 1,450 shares of the business services provider's stock valued at $334,000 after buying an additional 50 shares during the period. Signaturefd LLC increased its holdings in Clean Harbors by 11.8% in the third quarter. Signaturefd LLC now owns 491 shares of the business services provider's stock valued at $119,000 after buying an additional 52 shares in the last quarter. Finally, CIBC Asset Management Inc raised its position in shares of Clean Harbors by 3.5% in the third quarter. CIBC Asset Management Inc now owns 1,563 shares of the business services provider's stock worth $378,000 after acquiring an additional 53 shares during the period. 90.43% of the stock is currently owned by hedge funds and other institutional investors.

Clean Harbors Trading Down 0.7 %

Clean Harbors stock traded down $1.59 during trading on Monday, reaching $229.49. 399,720 shares of the company were exchanged, compared to its average volume of 300,054. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.10 and a quick ratio of 1.76. The stock's 50 day simple moving average is $235.55 and its two-hundred day simple moving average is $242.60. The company has a market capitalization of $12.37 billion, a P/E ratio of 29.88 and a beta of 1.24. Clean Harbors, Inc. has a 52-week low of $176.02 and a 52-week high of $267.11.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Oppenheimer lifted their price target on Clean Harbors from $255.00 to $256.00 and gave the company an "outperform" rating in a research note on Monday, January 13th. Robert W. Baird cut their price objective on Clean Harbors from $300.00 to $285.00 and set an "outperform" rating for the company in a research report on Thursday, October 31st. Truist Financial lifted their price target on shares of Clean Harbors from $260.00 to $280.00 and gave the company a "buy" rating in a research note on Thursday, October 31st. StockNews.com downgraded shares of Clean Harbors from a "strong-buy" rating to a "buy" rating in a report on Thursday, October 31st. Finally, Stifel Nicolaus boosted their target price on shares of Clean Harbors from $270.00 to $290.00 and gave the stock a "buy" rating in a research note on Wednesday, December 11th. One equities research analyst has rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Clean Harbors has an average rating of "Buy" and an average price target of $269.44.

Insider Activity

In other Clean Harbors news, EVP Brian P. Weber sold 861 shares of the business's stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $261.31, for a total value of $224,987.91. Following the transaction, the executive vice president now directly owns 59,346 shares in the company, valued at $15,507,703.26. The trade was a 1.43 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Lauren States sold 308 shares of the firm's stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $239.04, for a total transaction of $73,624.32. Following the sale, the director now owns 12,226 shares of the company's stock, valued at $2,922,503.04. This represents a 2.46 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,477 shares of company stock valued at $374,091. 5.90% of the stock is currently owned by insiders.

Clean Harbors 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.