Aaron Wealth Advisors LLC Has $214,000 Stock Holdings in Clean Harbors, Inc. (NYSE:CLH)

Aaron Wealth Advisors LLC reduced its position in Clean Harbors, Inc. (NYSE:CLH) by 25.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 930 shares of the business services provider’s stock after selling 311 shares during the period. Aaron Wealth Advisors LLC’s holdings in Clean Harbors were worth $214,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV raised its holdings in Clean Harbors by 19.9% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 8,828 shares of the business services provider’s stock worth $1,996,000 after purchasing an additional 1,467 shares during the last quarter. Benjamin F. Edwards & Company Inc. lifted its holdings in Clean Harbors by 911.8% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 516 shares of the business services provider’s stock valued at $117,000 after buying an additional 465 shares during the period. Canada Pension Plan Investment Board bought a new position in Clean Harbors in the second quarter valued at approximately $317,000. Pacer Advisors Inc. grew its holdings in Clean Harbors by 3.6% during the 2nd quarter. Pacer Advisors Inc. now owns 9,395 shares of the business services provider’s stock worth $2,125,000 after acquiring an additional 330 shares during the period. Finally, Thrivent Financial for Lutherans raised its position in shares of Clean Harbors by 409.0% during the 2nd quarter. Thrivent Financial for Lutherans now owns 64,164 shares of the business services provider’s stock valued at $14,511,000 after acquiring an additional 51,559 shares during the last quarter. Institutional investors own 90.43% of the company’s stock.

Insider Activity at Clean Harbors

In related news, insider Robert Speights sold 610 shares of the stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $240.14, for a total transaction of $146,485.40. Following the completion of the transaction, the insider now directly owns 39,160 shares of the company’s stock, valued at approximately $9,403,882.40. This represents a 1.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Brian P. Weber sold 861 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $261.31, for a total value of $224,987.91. Following the transaction, the executive vice president now directly owns 59,346 shares in the company, valued at $15,507,703.26. This trade represents a 1.43 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 8,446 shares of company stock valued at $2,112,800. Corporate insiders own 5.90% of the company’s stock.

Clean Harbors Stock Performance

Shares of Clean Harbors stock opened at $246.36 on Wednesday. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.10 and a quick ratio of 1.76. The firm has a market cap of $13.28 billion, a price-to-earnings ratio of 32.08 and a beta of 1.24. The stock’s 50-day moving average is $241.76 and its 200-day moving average is $241.56. Clean Harbors, Inc. has a one year low of $167.28 and a one year high of $267.11.

Clean Harbors (NYSE:CLH) last released its quarterly earnings results on Wednesday, October 30th. The business services provider reported $2.12 earnings per share for the quarter, missing analysts’ consensus estimates of $2.15 by ($0.03). Clean Harbors had a return on equity of 17.51% and a net margin of 7.19%. The firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same period last year, the company earned $1.68 EPS. The company’s revenue was up 12.0% compared to the same quarter last year. Equities analysts predict that Clean Harbors, Inc. will post 7.21 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Oppenheimer lifted their price objective on Clean Harbors from $255.00 to $256.00 and gave the stock an “outperform” rating in a research note on Monday, January 13th. Robert W. Baird lowered their price target on Clean Harbors from $300.00 to $285.00 and set an “outperform” rating for the company in a research note on Thursday, October 31st. TD Cowen initiated coverage on shares of Clean Harbors in a research note on Friday, December 6th. They set a “buy” rating and a $325.00 price objective on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $268.00 target price on shares of Clean Harbors in a research note on Thursday, January 16th. Finally, StockNews.com lowered shares of Clean Harbors from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 31st. One research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $269.44.

Clean Harbors 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.