Texas Permanent School Fund Corp Has $7.16 Million Stock Holdings in Clean Harbors, Inc. (NYSE:CLH)

Texas Permanent School Fund Corp cut its holdings in shares of Clean Harbors, Inc. (NYSE:CLHFree Report) by 3.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 42,771 shares of the business services provider’s stock after selling 1,532 shares during the quarter. Texas Permanent School Fund Corp owned about 0.08% of Clean Harbors worth $7,158,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. increased its holdings in shares of Clean Harbors by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 4,974,889 shares of the business services provider’s stock worth $547,138,000 after acquiring an additional 14,664 shares during the last quarter. State Street Corp boosted its stake in Clean Harbors by 0.4% in the 2nd quarter. State Street Corp now owns 1,418,790 shares of the business services provider’s stock valued at $233,292,000 after purchasing an additional 5,550 shares during the period. Invesco Ltd. boosted its stake in Clean Harbors by 6.7% in the 1st quarter. Invesco Ltd. now owns 1,378,894 shares of the business services provider’s stock valued at $153,941,000 after purchasing an additional 87,183 shares during the period. Bessemer Group Inc. boosted its stake in Clean Harbors by 9.8% in the 2nd quarter. Bessemer Group Inc. now owns 997,442 shares of the business services provider’s stock valued at $164,008,000 after purchasing an additional 88,779 shares during the period. Finally, Jackson Square Partners LLC boosted its stake in Clean Harbors by 34.9% in the 2nd quarter. Jackson Square Partners LLC now owns 823,546 shares of the business services provider’s stock valued at $135,416,000 after purchasing an additional 212,958 shares during the period. 90.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on CLH. Wolfe Research began coverage on Clean Harbors in a research note on Tuesday, October 17th. They issued an “outperform” rating and a $184.00 price target for the company. BMO Capital Markets dropped their price objective on Clean Harbors from $186.00 to $176.00 and set an “outperform” rating for the company in a research report on Friday, November 3rd. Raymond James dropped their price objective on Clean Harbors from $200.00 to $190.00 and set a “strong-buy” rating for the company in a research report on Thursday, November 2nd. Wells Fargo & Company started coverage on Clean Harbors in a research report on Friday, December 8th. They set an “overweight” rating and a $190.00 price objective for the company. Finally, Stifel Nicolaus upped their target price on Clean Harbors from $180.00 to $206.00 and gave the stock a “buy” rating in a report on Tuesday, December 19th. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $186.30.

View Our Latest Report on CLH

Clean Harbors Trading Up 1.0 %

Shares of CLH stock opened at $179.88 on Friday. The stock has a market cap of $9.84 billion, a price-to-earnings ratio of 27.01 and a beta of 1.24. The stock has a 50-day moving average of $171.54 and a 200-day moving average of $167.12. The company has a current ratio of 2.00, a quick ratio of 1.68 and a debt-to-equity ratio of 1.05. Clean Harbors, Inc. has a 1-year low of $125.57 and a 1-year high of $180.22.

Insider Activity at Clean Harbors

In related news, insider Alan S. Mckim sold 28,389 shares of the company’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $164.50, for a total transaction of $4,669,990.50. Following the sale, the insider now owns 2,736,275 shares in the company, valued at approximately $450,117,237.50. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, insider Alan S. Mckim sold 28,389 shares of the company’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $164.50, for a total transaction of $4,669,990.50. Following the sale, the insider now owns 2,736,275 shares in the company, valued at approximately $450,117,237.50. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Eric W. Gerstenberg sold 8,000 shares of the company’s stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of $164.82, for a total value of $1,318,560.00. Following the sale, the chief executive officer now owns 68,787 shares in the company, valued at approximately $11,337,473.34. The disclosure for this sale can be found here. Insiders have sold a total of 53,964 shares of company stock worth $9,121,999 in the last 90 days. Corporate insiders own 6.70% of the company’s stock.

Clean Harbors Company Profile

(Free Report)

Clean Harbors, Inc provides environmental and industrial services in the United States and internationally. The company operates through two segments: The Environmental Services and The 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.

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Institutional Ownership by Quarter for Clean Harbors (NYSE:CLH)

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