SG Americas Securities LLC increased its position in shares of Clean Harbors, Inc. (NYSE:CLH) by 117.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 21,152 shares of the business services provider’s stock after buying an additional 11,431 shares during the period. SG Americas Securities LLC’s holdings in Clean Harbors were worth $1,181,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Rhumbline Advisers boosted its position in shares of Clean Harbors by 4.4% in the second quarter. Rhumbline Advisers now owns 100,156 shares of the business services provider’s stock worth $5,592,000 after buying an additional 4,215 shares during the period. Teacher Retirement System of Texas boosted its position in shares of Clean Harbors by 1.4% in the second quarter. Teacher Retirement System of Texas now owns 4,355 shares of the business services provider’s stock worth $243,000 after buying an additional 60 shares during the period. Arizona State Retirement System boosted its position in shares of Clean Harbors by 0.9% in the second quarter. Arizona State Retirement System now owns 21,900 shares of the business services provider’s stock worth $1,223,000 after buying an additional 200 shares during the period. Schwab Charles Investment Management Inc. boosted its position in shares of Clean Harbors by 4.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 299,467 shares of the business services provider’s stock worth $16,720,000 after buying an additional 12,386 shares during the period. Finally, First Bank & Trust boosted its position in shares of Clean Harbors by 5.7% in the second quarter. First Bank & Trust now owns 9,557 shares of the business services provider’s stock worth $534,000 after buying an additional 514 shares during the period. 94.06% of the stock is owned by institutional investors.

Shares of Clean Harbors, Inc. (CLH) opened at 53.87 on Friday. The company’s 50-day moving average is $53.97 and its 200-day moving average is $56.11. The firm’s market cap is $3.08 billion. Clean Harbors, Inc. has a 12 month low of $43.03 and a 12 month high of $61.62.

Clean Harbors (NYSE:CLH) last released its quarterly earnings results on Wednesday, August 2nd. The business services provider reported $0.24 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.27 by $0.03. Clean Harbors had a negative net margin of 0.65% and a positive return on equity of 0.79%. The firm had revenue of $752.80 million for the quarter, compared to analyst estimates of $735.63 million. During the same quarter in the prior year, the firm earned $0.15 EPS. The firm’s revenue was up 7.9% compared to the same quarter last year. On average, equities research analysts forecast that Clean Harbors, Inc. will post $0.67 earnings per share for the current fiscal year.

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A number of research analysts have issued reports on the stock. ValuEngine raised shares of Clean Harbors from a “sell” rating to a “hold” rating in a report on Thursday. Canaccord Genuity reissued a “hold” rating and set a $57.00 price objective on shares of Clean Harbors in a research note on Wednesday, August 9th. Barclays PLC raised shares of Clean Harbors from an “underweight” rating to an “equal weight” rating and set a $50.00 price objective for the company in a research note on Monday, August 7th. BidaskClub cut shares of Clean Harbors from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 2nd. Finally, Stifel Nicolaus reissued a “buy” rating and set a $67.00 price objective on shares of Clean Harbors in a research note on Wednesday, July 19th. One research analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the stock. Clean Harbors has an average rating of “Hold” and a consensus target price of $62.30.

In other news, EVP Brian P. Weber sold 1,945 shares of the business’s stock in a transaction that occurred on Thursday, June 29th. The shares were sold at an average price of $54.06, for a total transaction of $105,146.70. Following the sale, the executive vice president now owns 51,656 shares in the company, valued at $2,792,523.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Eric W. Gerstenberg sold 4,667 shares of the business’s stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of $50.42, for a total transaction of $235,310.14. Following the sale, the chief operating officer now owns 91,950 shares in the company, valued at approximately $4,636,119. The disclosure for this sale can be found here. 9.50% of the stock is owned by insiders.

Clean Harbors Company Profile

Clean Harbors, Inc is a provider of environmental, energy and industrial services throughout North America. The Company is also a re-refiner and recycler of used oil in the world and a provider of parts cleaning and related environmental services to commercial, industrial and automotive customers in North America.

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

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