Blue Trust Inc. Acquires 60 Shares of Clean Harbors, Inc. (NYSE:CLH)

Blue Trust Inc. boosted its holdings in Clean Harbors, Inc. (NYSE:CLH) by 15.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 441 shares of the business services provider’s stock after purchasing an additional 60 shares during the period. Blue Trust Inc.’s holdings in Clean Harbors were worth $107,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Reliant Investment Management LLC acquired a new position in Clean Harbors during the 4th quarter valued at $4,386,000. Fiduciary Alliance LLC bought a new position in shares of Clean Harbors during the 4th quarter worth about $846,000. Mountain Pacific Investment Advisers LLC raised its position in shares of Clean Harbors by 4.5% during the fourth quarter. Mountain Pacific Investment Advisers LLC now owns 99,039 shares of the business services provider’s stock valued at $22,793,000 after buying an additional 4,240 shares during the last quarter. Barclays PLC lifted its stake in shares of Clean Harbors by 44.5% in the third quarter. Barclays PLC now owns 28,056 shares of the business services provider’s stock valued at $6,781,000 after buying an additional 8,639 shares during the period. Finally, Advisor Resource Council acquired a new stake in Clean Harbors during the third quarter worth about $926,000. 90.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have commented on CLH. Oppenheimer upped their price target on Clean Harbors from $255.00 to $256.00 and gave the company an “outperform” rating in a report on Monday, January 13th. Truist Financial upped their target price on Clean Harbors from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Robert W. Baird lowered their price target on shares of Clean Harbors from $300.00 to $285.00 and set an “outperform” rating on the stock in a report on Thursday, October 31st. StockNews.com downgraded shares of Clean Harbors from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 31st. Finally, Needham & Company LLC reissued a “buy” rating and issued a $268.00 target price on shares of Clean Harbors in a research note on Thursday, January 16th. One investment analyst has rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $269.44.

Insider Activity at Clean Harbors

In other Clean Harbors news, EVP Brian P. Weber sold 861 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $261.31, for a total transaction of $224,987.91. Following the transaction, the executive vice president now owns 59,346 shares of the company’s stock, valued at approximately $15,507,703.26. This represents a 1.43 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Lauren States sold 308 shares of Clean Harbors stock in a transaction on Friday, November 15th. The shares were sold at an average price of $249.78, for a total value of $76,932.24. Following the completion of the sale, the director now directly owns 12,842 shares of the company’s stock, valued at $3,207,674.76. This trade represents a 2.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 7,836 shares of company stock valued at $1,966,314 in the last three months. Corporate insiders own 5.90% of the company’s stock.

Clean Harbors Price Performance

Shares of Clean Harbors stock opened at $236.50 on Friday. Clean Harbors, Inc. has a 1-year low of $176.02 and a 1-year high of $267.11. The firm’s 50-day moving average price is $238.08 and its two-hundred day moving average price is $242.23. The company has a current ratio of 2.10, a quick ratio of 1.76 and a debt-to-equity ratio of 1.10. The stock has a market capitalization of $12.75 billion, a price-to-earnings ratio of 30.79 and a beta of 1.24.

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.