3,914 Shares in Clean Harbors, Inc. (NYSE:CLH) Bought by Murphy & Mullick Capital Management Corp

Murphy & Mullick Capital Management Corp acquired a new stake in Clean Harbors, Inc. (NYSE:CLH) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 3,914 shares of the business services provider’s stock, valued at approximately $901,000.

Other institutional investors have also recently bought and sold shares of the company. Skandinaviska Enskilda Banken AB publ boosted its holdings in shares of Clean Harbors by 2,650.0% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 165 shares of the business services provider’s stock worth $38,000 after buying an additional 159 shares during the last quarter. Allworth Financial LP boosted its stake in Clean Harbors by 130.4% in the fourth quarter. Allworth Financial LP now owns 182 shares of the business services provider’s stock valued at $44,000 after acquiring an additional 103 shares during the last quarter. Assetmark Inc. grew its position in shares of Clean Harbors by 10,250.0% during the 4th quarter. Assetmark Inc. now owns 207 shares of the business services provider’s stock valued at $48,000 after acquiring an additional 205 shares during the period. UMB Bank n.a. increased its stake in shares of Clean Harbors by 30.8% during the 4th quarter. UMB Bank n.a. now owns 280 shares of the business services provider’s stock worth $64,000 after purchasing an additional 66 shares during the last quarter. Finally, TD Private Client Wealth LLC raised its holdings in shares of Clean Harbors by 42.6% in the 3rd quarter. TD Private Client Wealth LLC now owns 291 shares of the business services provider’s stock worth $70,000 after purchasing an additional 87 shares during the period. Institutional investors own 90.43% of the company’s stock.

Clean Harbors Stock Performance

Clean Harbors stock opened at $200.50 on Wednesday. The firm’s 50 day simple moving average is $219.30 and its 200 day simple moving average is $236.20. The company has a current ratio of 2.21, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08. Clean Harbors, Inc. has a 1-year low of $186.54 and a 1-year high of $267.11. The firm has a market capitalization of $10.80 billion, a PE ratio of 27.02 and a beta of 1.22.

Clean Harbors (NYSE:CLH) last issued its quarterly earnings data on Wednesday, February 19th. The business services provider reported $1.55 EPS for the quarter, topping the consensus estimate of $1.36 by $0.19. The company 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%. Clean Harbors’s revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.82 earnings per share. As a group, analysts expect that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

CLH has been the subject of a number of recent research reports. BMO Capital Markets decreased their target price on Clean Harbors from $284.00 to $270.00 and set an “outperform” rating for the company in a research report on Thursday, February 20th. Robert W. Baird lowered their price objective on Clean Harbors from $285.00 to $272.00 and set an “outperform” rating on the stock in a research note on Thursday, February 20th. Oppenheimer cut their target price on shares of Clean Harbors from $256.00 to $254.00 and set an “outperform” rating for the company in a research report on Thursday, February 20th. Truist Financial reduced their target price 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. Finally, StockNews.com upgraded shares of Clean Harbors from a “hold” rating to a “buy” rating in a research note on Wednesday, March 19th. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $266.56.

Insider Buying and Selling at Clean Harbors

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 stock was sold at an average price of $228.79, for a total value of $70,467.32. Following the transaction, the director now directly owns 11,918 shares of the company’s stock, valued at $2,726,719.22. The trade was a 2.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robert Speights sold 2,725 shares of Clean Harbors stock in a transaction on Monday, March 10th. The stock was sold at an average price of $190.44, for a total transaction of $518,949.00. Following the completion of the transaction, the insider now directly owns 40,008 shares in the company, valued at approximately $7,619,123.52. The trade was a 6.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,341 shares of company stock worth $663,041 over the last 90 days. Corporate insiders own 5.90% of the company’s stock.

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.