Clean Harbors, Inc. (NYSE:CLH) Shares Purchased by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. raised its position in Clean Harbors, Inc. (NYSE:CLH) by 911.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 516 shares of the business services provider’s stock after acquiring an additional 465 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Clean Harbors were worth $117,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of CLH. Moody National Bank Trust Division grew its holdings in shares of Clean Harbors by 1.0% in the second quarter. Moody National Bank Trust Division now owns 4,843 shares of the business services provider’s stock valued at $1,095,000 after purchasing an additional 47 shares in the last quarter. Quent Capital LLC increased its position in shares of Clean Harbors by 6.9% during the second quarter. Quent Capital LLC now owns 725 shares of the business services provider’s stock worth $164,000 after acquiring an additional 47 shares during the period. Fifth Third Bancorp raised its stake in shares of Clean Harbors by 10.5% in the second quarter. Fifth Third Bancorp now owns 528 shares of the business services provider’s stock valued at $119,000 after acquiring an additional 50 shares in the last quarter. MJP Associates Inc. ADV boosted its holdings in Clean Harbors by 1.1% in the second quarter. MJP Associates Inc. ADV now owns 4,734 shares of the business services provider’s stock valued at $1,071,000 after purchasing an additional 51 shares during the period. Finally, GAMMA Investing LLC grew its stake in Clean Harbors by 47.9% during the 1st quarter. GAMMA Investing LLC now owns 173 shares of the business services provider’s stock worth $35,000 after purchasing an additional 56 shares in the last quarter. 90.43% of the stock is currently owned by hedge funds and other institutional investors.

Clean Harbors Stock Down 1.0 %

Shares of NYSE CLH opened at $243.28 on Friday. The business has a 50-day moving average price of $237.68 and a 200 day moving average price of $219.41. The stock has a market cap of $13.13 billion, a PE ratio of 35.21 and a beta of 1.20. The company has a quick ratio of 1.76, a current ratio of 2.10 and a debt-to-equity ratio of 1.14. Clean Harbors, Inc. has a 52-week low of $132.92 and a 52-week high of $251.65.

Clean Harbors (NYSE:CLH) last issued its quarterly earnings data on Wednesday, July 31st. The business services provider reported $2.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.21 by $0.25. Clean Harbors had a net margin of 6.97% and a return on equity of 17.12%. The company had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.53 billion. During the same period last year, the firm posted $2.13 EPS. Clean Harbors’s revenue for the quarter was up 10.9% on a year-over-year basis. Equities research analysts forecast that Clean Harbors, Inc. will post 7.65 earnings per share for the current year.

Analyst Upgrades and Downgrades

CLH has been the subject of several recent research reports. The Goldman Sachs Group lifted their price objective on Clean Harbors from $223.00 to $256.00 and gave the company a “neutral” rating in a research note on Thursday, August 1st. Truist Financial increased their price objective on shares of Clean Harbors from $240.00 to $260.00 and gave the company a “buy” rating in a research report on Thursday, July 11th. Oppenheimer lifted their price objective on shares of Clean Harbors from $245.00 to $252.00 and gave the stock an “outperform” rating in a research report on Thursday, August 1st. Stifel Nicolaus reissued a “buy” rating and issued a $275.00 target price (up previously from $240.00) on shares of Clean Harbors in a report on Thursday, August 1st. Finally, Robert W. Baird lifted their price target on Clean Harbors from $242.00 to $268.00 and gave the stock an “outperform” rating in a report on Thursday, August 1st. One research analyst has rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $242.40.

Insider Activity at Clean Harbors

In other Clean Harbors news, CEO Michael Louis Battles sold 10,000 shares of Clean Harbors stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $245.74, for a total value of $2,457,400.00. Following the transaction, the chief executive officer now directly owns 77,136 shares in the company, valued at approximately $18,955,400.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Clean Harbors news, CEO Michael Louis Battles sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $245.74, for a total transaction of $2,457,400.00. Following the transaction, the chief executive officer now owns 77,136 shares in the company, valued at approximately $18,955,400.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lauren States sold 309 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $244.09, for a total value of $75,423.81. Following the completion of the sale, the director now directly owns 13,458 shares of the company’s stock, valued at $3,284,963.22. The disclosure for this sale can be found here. 5.90% of the stock is currently owned by insiders.

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.