Thrivent Financial for Lutherans Purchases 12,962 Shares of Clean Harbors, Inc. (NYSE:CLH)

Thrivent Financial for Lutherans grew its position in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 17.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 88,765 shares of the business services provider's stock after acquiring an additional 12,962 shares during the quarter. Thrivent Financial for Lutherans owned 0.16% of Clean Harbors worth $20,428,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in CLH. Reliant Investment Management LLC acquired a new position in Clean Harbors during the fourth quarter worth $4,386,000. Fiduciary Alliance LLC acquired a new position in shares of Clean Harbors during the 4th quarter worth about $846,000. Mountain Pacific Investment Advisers LLC grew its holdings in shares of Clean Harbors by 4.5% in the 4th quarter. Mountain Pacific Investment Advisers LLC now owns 99,039 shares of the business services provider's stock valued at $22,793,000 after acquiring an additional 4,240 shares in the last quarter. Barclays PLC increased its position in shares of Clean Harbors by 44.5% in the third quarter. Barclays PLC now owns 28,056 shares of the business services provider's stock valued at $6,781,000 after acquiring an additional 8,639 shares during the last quarter. Finally, Settian Capital LP boosted its position in Clean Harbors by 22.2% during the third quarter. Settian Capital LP now owns 11,000 shares of the business services provider's stock valued at $2,659,000 after purchasing an additional 2,000 shares during the last quarter. 90.43% of the stock is owned by institutional investors.

Insider Buying and Selling at Clean Harbors

In related 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 value of $518,949.00. Following the completion of the sale, the insider now directly owns 40,008 shares in the company, valued at approximately $7,619,123.52. The trade was a 6.38 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Eric J. Dugas acquired 1,050 shares of the stock in a transaction on Monday, March 10th. The shares were bought at an average price of $191.38 per share, for a total transaction of $200,949.00. Following the purchase, the chief financial officer now owns 24,238 shares in the company, valued at approximately $4,638,668.44. This trade represents a 4.53 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold 3,341 shares of company stock valued at $663,041 in the last quarter. Company insiders own 5.90% of the company's stock.

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Clean Harbors Stock Performance

NYSE:CLH traded up $0.20 during mid-day trading on Tuesday, hitting $200.50. 353,374 shares of the stock were exchanged, compared to its average volume of 317,106. The firm's 50-day simple moving average is $219.97 and its 200 day simple moving average is $236.42. The stock has a market capitalization of $10.80 billion, a price-to-earnings ratio of 27.02 and a beta of 1.22. Clean Harbors, Inc. has a fifty-two week low of $186.54 and a fifty-two week high of $267.11. 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 posted its earnings results on Wednesday, February 19th. The business services provider reported $1.55 earnings per share for the quarter, topping analysts' consensus estimates of $1.36 by $0.19. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter last year, the firm earned $1.82 earnings per share. The company's revenue was up 6.9% on a year-over-year basis. As a group, equities analysts anticipate that Clean Harbors, Inc. will post 7.89 EPS for the current fiscal year.

Analyst Ratings Changes

CLH has been the subject of several recent analyst reports. Stifel Nicolaus cut their price objective on Clean Harbors from $290.00 to $285.00 and set a "buy" rating for the company in a report on Thursday, February 20th. TD Cowen assumed coverage on shares of Clean Harbors in a research note on Friday, December 6th. They issued a "buy" rating and a $325.00 price target for the company. The Goldman Sachs Group lowered their price objective on shares of Clean Harbors from $250.00 to $220.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 19th. Needham & Company LLC reiterated a "buy" rating and issued a $268.00 target price on shares of Clean Harbors in a research note on Thursday, February 20th. Finally, Oppenheimer lowered their price target on Clean Harbors from $256.00 to $254.00 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. One analyst has rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Clean Harbors currently has a consensus rating of "Buy" and an average target price of $266.56.

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.