Wealth Enhancement Advisory Services LLC Has $938,000 Stock Position in Clean Harbors, Inc. (NYSE:CLH)

Wealth Enhancement Advisory Services LLC grew its stake in shares of Clean Harbors, Inc. (NYSE:CLH) by 6.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,882 shares of the business services provider’s stock after purchasing an additional 219 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Clean Harbors were worth $938,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Innealta Capital LLC acquired a new position in shares of Clean Harbors during the 2nd quarter worth approximately $25,000. UMB Bank n.a. increased its position in shares of Clean Harbors by 63.4% during the 3rd quarter. UMB Bank n.a. now owns 214 shares of the business services provider’s stock worth $52,000 after purchasing an additional 83 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new position in shares of Clean Harbors during the 2nd quarter worth approximately $56,000. CENTRAL TRUST Co increased its holdings in shares of Clean Harbors by 161.6% during the 3rd quarter. CENTRAL TRUST Co now owns 259 shares of the business services provider’s stock worth $63,000 after acquiring an additional 160 shares during the last quarter. Finally, Blue Trust Inc. increased its holdings in shares of Clean Harbors by 117.7% during the 2nd quarter. Blue Trust Inc. now owns 320 shares of the business services provider’s stock worth $72,000 after acquiring an additional 173 shares during the last quarter. Institutional investors and hedge funds own 90.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CLH. The Goldman Sachs Group boosted their target price on Clean Harbors from $223.00 to $256.00 and gave the stock a “neutral” rating in a report on Thursday, August 1st. Stifel Nicolaus reissued a “buy” rating and set a $275.00 target price (up from $240.00) on shares of Clean Harbors in a report on Thursday, August 1st. Robert W. Baird decreased their target price on Clean Harbors from $300.00 to $285.00 and set an “outperform” rating on the stock in a report on Thursday, October 31st. Truist Financial boosted their target price on Clean Harbors from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Finally, StockNews.com lowered Clean Harbors from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 31st. One analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Clean Harbors presently has an average rating of “Buy” and a consensus price target of $254.33.

Clean Harbors Price Performance

Shares of CLH stock opened at $241.41 on Wednesday. The company has a quick ratio of 1.76, a current ratio of 2.10 and a debt-to-equity ratio of 1.10. Clean Harbors, Inc. has a twelve month low of $152.57 and a twelve month high of $267.11. The company has a market cap of $13.01 billion, a P/E ratio of 31.43 and a beta of 1.20. The business has a fifty day simple moving average of $246.22 and a 200 day simple moving average of $230.10.

Clean Harbors (NYSE:CLH) last posted its earnings results on Wednesday, October 30th. The business services provider reported $2.12 EPS for the quarter, missing the consensus estimate of $2.15 by ($0.03). The firm had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.51 billion. Clean Harbors had a net margin of 7.19% and a return on equity of 17.51%. Clean Harbors’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.68 earnings per share. On average, sell-side analysts forecast that Clean Harbors, Inc. will post 7.29 EPS for the current fiscal year.

Insider Buying and Selling at Clean Harbors

In other Clean Harbors news, Director Lauren States sold 308 shares of the stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $260.74, for a total value of $80,307.92. Following the completion of the transaction, the director now directly owns 13,150 shares in the company, valued at approximately $3,428,731. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Lauren States sold 308 shares of the stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $260.74, for a total value of $80,307.92. Following the completion of the sale, the director now owns 13,150 shares of the company’s stock, valued at approximately $3,428,731. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Michael Louis Battles sold 10,000 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $245.74, for a total value of $2,457,400.00. Following the completion of the sale, the chief executive officer now directly owns 77,136 shares of the company’s stock, valued at approximately $18,955,400.64. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 10,617 shares of company stock worth $2,613,132. 5.90% of the stock is currently owned by insiders.

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.