CreativeOne Wealth LLC Sells 473 Shares of Clean Harbors, Inc. (NYSE:CLH)

CreativeOne Wealth LLC lowered its stake in Clean Harbors, Inc. (NYSE:CLH) by 10.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,926 shares of the business services provider’s stock after selling 473 shares during the quarter. CreativeOne Wealth LLC’s holdings in Clean Harbors were worth $904,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in CLH. Morse Asset Management Inc bought a new stake in shares of Clean Harbors during the 3rd quarter valued at about $340,000. Barclays PLC boosted its position in Clean Harbors by 44.5% during the 3rd 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 in the last quarter. Virtu Financial LLC purchased a new position in shares of Clean Harbors during the 3rd quarter worth approximately $343,000. Sanctuary Advisors LLC raised its position in shares of Clean Harbors by 60.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 2,169 shares of the business services provider’s stock worth $548,000 after acquiring an additional 820 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Clean Harbors in the 3rd quarter valued at approximately $108,000. 90.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on CLH. UBS Group reduced their price target on Clean Harbors from $240.00 to $205.00 and set a “neutral” rating on the stock in a research note on Friday, April 11th. Truist Financial decreased their price target on shares of Clean Harbors from $280.00 to $270.00 and set a “buy” rating for the company in a research note on Thursday, February 20th. StockNews.com lowered shares of Clean Harbors from a “buy” rating to a “hold” rating in a research note on Friday. Needham & Company LLC reaffirmed a “buy” rating and set a $268.00 target price on shares of Clean Harbors in a research note on Thursday, February 20th. Finally, Stifel Nicolaus dropped their price target 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. Three research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $260.40.

Clean Harbors Price Performance

Shares of CLH opened at $207.25 on Friday. The company has a market capitalization of $11.16 billion, a P/E ratio of 27.93 and a beta of 1.11. Clean Harbors, Inc. has a twelve month low of $178.29 and a twelve month high of $267.11. The company has a quick ratio of 1.76, a current ratio of 2.21 and a debt-to-equity ratio of 1.08. The firm has a 50 day moving average of $203.79 and a 200 day moving average of $230.37.

Clean Harbors (NYSE:CLH) last posted its earnings results on Wednesday, February 19th. The business services provider reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.19. The business 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%. The company’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.82 EPS. As a group, equities research analysts anticipate that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Clean Harbors news, Director Lauren States sold 308 shares of Clean Harbors stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $228.79, for a total value of $70,467.32. Following the completion of the sale, the director now owns 11,918 shares of the company’s stock, valued at approximately $2,726,719.22. The trade was a 2.52 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Robert Speights sold 2,725 shares of the business’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $190.44, for a total transaction of $518,949.00. Following the sale, the insider now owns 40,008 shares of the company’s stock, valued at approximately $7,619,123.52. This represents a 6.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.90% of the stock is owned by insiders.

Clean Harbors Company 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.