Daiwa SB Investments Ltd. increased its holdings in shares of Clean Harbors Inc (NYSE:CLH) by 112.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,576 shares of the business services provider’s stock after acquiring an additional 8,771 shares during the period. Daiwa SB Investments Ltd.’s holdings in Clean Harbors were worth $898,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of CLH. Schwab Charles Investment Management Inc. grew its position in shares of Clean Harbors by 4.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 299,467 shares of the business services provider’s stock valued at $16,720,000 after acquiring an additional 12,386 shares during the period. Legal & General Group Plc grew its position in shares of Clean Harbors by 12.1% during the 2nd quarter. Legal & General Group Plc now owns 65,023 shares of the business services provider’s stock valued at $3,631,000 after acquiring an additional 7,019 shares during the period. Prudential Financial Inc. grew its position in shares of Clean Harbors by 1.6% during the 2nd quarter. Prudential Financial Inc. now owns 32,946 shares of the business services provider’s stock valued at $1,839,000 after acquiring an additional 515 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Clean Harbors by 9.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,081 shares of the business services provider’s stock valued at $116,000 after acquiring an additional 188 shares during the period. Finally, Principal Financial Group Inc. grew its position in shares of Clean Harbors by 9.2% during the 2nd quarter. Principal Financial Group Inc. now owns 223,083 shares of the business services provider’s stock valued at $12,455,000 after acquiring an additional 18,832 shares during the period. Hedge funds and other institutional investors own 92.54% of the company’s stock.

Clean Harbors Inc (NYSE:CLH) opened at $55.55 on Friday. The company has a quick ratio of 1.86, a current ratio of 2.19 and a debt-to-equity ratio of 1.44. Clean Harbors Inc has a 12 month low of $49.63 and a 12 month high of $61.62. The firm has a market cap of $3,150.13, a P/E ratio of 276.65 and a beta of 1.02.

In other Clean Harbors news, insider David J. Vergo sold 1,097 shares of the firm’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $54.00, for a total value of $59,238.00. Following the transaction, the insider now directly owns 24,156 shares of the company’s stock, valued at approximately $1,304,424. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Eric J. Dugas sold 1,139 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $53.26, for a total transaction of $60,663.14. Following the completion of the transaction, the senior vice president now directly owns 13,777 shares in the company, valued at $733,763.02. The disclosure for this sale can be found here. Insiders sold a total of 11,581 shares of company stock worth $613,418 over the last three months. Corporate insiders own 8.90% of the company’s stock.

A number of research analysts recently weighed in on the stock. Zacks Investment Research raised shares of Clean Harbors from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 2nd. Needham & Company LLC reaffirmed a “buy” rating and issued a $66.00 price target on shares of Clean Harbors in a research note on Friday, November 3rd. Oppenheimer decreased their price target on shares of Clean Harbors from $67.00 to $62.00 and set an “outperform” rating on the stock in a research note on Thursday, November 2nd. BMO Capital Markets decreased their price target on shares of Clean Harbors from $65.00 to $59.00 and set an “outperform” rating on the stock in a research note on Thursday, November 2nd. Finally, Raymond James Financial raised shares of Clean Harbors from an “underperform” rating to a “market perform” rating in a research note on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $61.00.

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About Clean Harbors

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.

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

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