Clean Harbors, Inc. $CLH Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH lowered its holdings in Clean Harbors, Inc. (NYSE:CLH) by 17.3% during the third quarter, HoldingsChannel reports. The fund owned 26,459 shares of the business services provider’s stock after selling 5,530 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Clean Harbors were worth $6,144,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Robeco Institutional Asset Management B.V. lifted its position in shares of Clean Harbors by 715.0% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 7,262 shares of the business services provider’s stock worth $1,686,000 after buying an additional 6,371 shares during the last quarter. Vestmark Advisory Solutions Inc. grew its position in shares of Clean Harbors by 127.2% in the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 15,206 shares of the business services provider’s stock valued at $3,515,000 after buying an additional 8,514 shares during the last quarter. Nordea Investment Management AB acquired a new stake in Clean Harbors during the 3rd quarter worth $108,608,000. Schroder Investment Management Group lifted its position in Clean Harbors by 18.5% in the second quarter. Schroder Investment Management Group now owns 40,807 shares of the business services provider’s stock valued at $9,434,000 after acquiring an additional 6,365 shares during the last quarter. Finally, Fox Run Management L.L.C. purchased a new stake in Clean Harbors in the second quarter valued at $741,000. Hedge funds and other institutional investors own 90.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Needham & Company LLC raised their price objective on Clean Harbors from $255.00 to $290.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Citigroup raised their price target on Clean Harbors from $263.00 to $274.00 and gave the stock a “neutral” rating in a research note on Friday, January 16th. UBS Group cut their price target on Clean Harbors from $245.00 to $240.00 and set a “neutral” rating on the stock in a research report on Friday, October 31st. Barclays decreased their price objective on Clean Harbors from $253.00 to $230.00 and set an “equal weight” rating for the company in a report on Thursday, October 30th. Finally, Zacks Research upgraded shares of Clean Harbors from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 13th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $262.17.

Insider Buying and Selling

In other Clean Harbors news, CEO Eric W. Gerstenberg sold 601 shares of the company’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $240.90, for a total transaction of $144,780.90. Following the completion of the transaction, the chief executive officer owned 50,454 shares in the company, valued at approximately $12,154,368.60. This represents a 1.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 5.60% of the company’s stock.

Clean Harbors Stock Up 0.2%

Clean Harbors stock opened at $260.09 on Tuesday. The stock has a 50 day moving average of $240.63 and a two-hundred day moving average of $235.50. Clean Harbors, Inc. has a twelve month low of $178.29 and a twelve month high of $268.22. The stock has a market capitalization of $13.90 billion, a price-to-earnings ratio of 36.07 and a beta of 0.95. The company has a current ratio of 2.44, a quick ratio of 2.09 and a debt-to-equity ratio of 1.00.

Clean Harbors (NYSE:CLH) last released its quarterly earnings results on Wednesday, October 29th. The business services provider reported $2.21 EPS for the quarter, missing the consensus estimate of $2.37 by ($0.16). Clean Harbors had a return on equity of 14.61% and a net margin of 6.51%.The company had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter last year, the company earned $2.12 EPS. Clean Harbors’s revenue for the quarter was up 1.3% compared to the same quarter last year. As a group, research analysts expect that Clean Harbors, Inc. will post 7.89 earnings per share for the current year.

Clean Harbors Company Profile

Clean Harbors, Inc is a leading provider of environmental, energy and industrial services in North America. The company specializes in the collection, transportation and disposal of hazardous and non-hazardous wastes, emergency spill response and remediation, industrial cleaning and on-site field services. Its comprehensive service offering also includes chemical neutralization, drum crushing, high-pressure water blasting, tank cleaning and vacuum services designed to help customers meet stringent environmental regulations.

Founded in 1980 by Alan S.