Clean Harbors, Inc. (NYSE:CLH) Shares Sold by Oliver Lagore Vanvalin Investment Group

Oliver Lagore Vanvalin Investment Group lowered its stake in Clean Harbors, Inc. (NYSE:CLH) by 6.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 901 shares of the business services provider’s stock after selling 60 shares during the quarter. Oliver Lagore Vanvalin Investment Group’s holdings in Clean Harbors were worth $157,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Vontobel Holding Ltd. lifted its position in shares of Clean Harbors by 12.5% during the fourth quarter. Vontobel Holding Ltd. now owns 612,015 shares of the business services provider’s stock worth $106,803,000 after purchasing an additional 67,809 shares in the last quarter. Strs Ohio lifted its position in shares of Clean Harbors by 5.7% during the third quarter. Strs Ohio now owns 194,413 shares of the business services provider’s stock worth $32,536,000 after purchasing an additional 10,527 shares in the last quarter. MJP Associates Inc. ADV lifted its position in shares of Clean Harbors by 27.4% during the fourth quarter. MJP Associates Inc. ADV now owns 4,096 shares of the business services provider’s stock worth $715,000 after purchasing an additional 881 shares in the last quarter. Deutsche Bank AG lifted its position in shares of Clean Harbors by 3,711.0% during the third quarter. Deutsche Bank AG now owns 277,285 shares of the business services provider’s stock worth $46,406,000 after purchasing an additional 270,009 shares in the last quarter. Finally, Glenmede Trust Co. NA lifted its position in shares of Clean Harbors by 521.4% during the third quarter. Glenmede Trust Co. NA now owns 55,630 shares of the business services provider’s stock worth $9,310,000 after purchasing an additional 46,678 shares in the last quarter. Institutional investors and hedge funds own 90.43% of the company’s stock.

Clean Harbors Stock Performance

Shares of Clean Harbors stock opened at $190.99 on Friday. The firm has a market capitalization of $10.44 billion, a P/E ratio of 27.48 and a beta of 1.24. Clean Harbors, Inc. has a 52 week low of $129.70 and a 52 week high of $204.06. The company has a quick ratio of 1.66, a current ratio of 1.98 and a debt-to-equity ratio of 1.02. The firm’s 50 day moving average is $190.75 and its two-hundred day moving average is $174.54.

Clean Harbors (NYSE:CLH) last announced its quarterly earnings results on Wednesday, February 21st. The business services provider reported $1.82 EPS for the quarter, beating the consensus estimate of $1.69 by $0.13. The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.36 billion. Clean Harbors had a net margin of 6.99% and a return on equity of 17.83%. The firm’s revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.44 earnings per share. Research analysts forecast that Clean Harbors, Inc. will post 7.38 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. BMO Capital Markets upped their target price on shares of Clean Harbors from $200.00 to $225.00 and gave the stock an “outperform” rating in a research note on Thursday, March 28th. Oppenheimer upped their target price on shares of Clean Harbors from $178.00 to $200.00 and gave the stock an “outperform” rating in a research note on Thursday, February 22nd. Needham & Company LLC upped their target price on shares of Clean Harbors from $200.00 to $235.00 and gave the stock a “buy” rating in a research note on Tuesday, April 9th. Stifel Nicolaus upped their target price on shares of Clean Harbors from $210.00 to $220.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Robert W. Baird upped their target price on shares of Clean Harbors from $192.00 to $235.00 and gave the stock an “outperform” rating in a research note on Tuesday. One equities research analyst has rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $207.90.

Insider Transactions at Clean Harbors

In other news, CEO Eric W. Gerstenberg sold 15,276 shares of the firm’s stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $187.71, for a total transaction of $2,867,457.96. Following the transaction, the chief executive officer now directly owns 67,374 shares in the company, valued at $12,646,773.54. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CEO Eric W. Gerstenberg sold 15,276 shares of the firm’s stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $187.71, for a total transaction of $2,867,457.96. Following the transaction, the chief executive officer now directly owns 67,374 shares in the company, valued at $12,646,773.54. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director John T. Preston sold 1,913 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $188.36, for a total transaction of $360,332.68. Following the transaction, the director now owns 4,767 shares in the company, valued at $897,912.12. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 25,185 shares of company stock worth $4,819,554. Insiders own 6.70% of the company’s stock.

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.