Fuller & Thaler Asset Management Inc. Raises Position in Clean Harbors, Inc. (CLH)

Fuller & Thaler Asset Management Inc. increased its position in shares of Clean Harbors, Inc. (NYSE:CLH) by 0.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,260,372 shares of the business services provider’s stock after acquiring an additional 14,789 shares during the period. Clean Harbors comprises about 1.6% of Fuller & Thaler Asset Management Inc.’s portfolio, making the stock its 12th biggest position. Fuller & Thaler Asset Management Inc. owned about 3.97% of Clean Harbors worth $128,163,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. grew its position in Clean Harbors by 1.7% during the 2nd quarter. Vanguard Group Inc. now owns 4,116,699 shares of the business services provider’s stock worth $229,836,000 after acquiring an additional 68,590 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Clean Harbors by 0.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,887,610 shares of the business services provider’s stock worth $105,383,000 after acquiring an additional 8,095 shares during the last quarter. State Street Corp grew its position in Clean Harbors by 1.6% during the 2nd quarter. State Street Corp now owns 1,373,858 shares of the business services provider’s stock worth $76,701,000 after acquiring an additional 21,037 shares during the last quarter. Janus Henderson Group PLC bought a new stake in Clean Harbors during the 2nd quarter worth $57,925,000. Finally, Bank of New York Mellon Corp grew its position in Clean Harbors by 1.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 673,697 shares of the business services provider’s stock worth $37,613,000 after acquiring an additional 8,599 shares during the last quarter. Institutional investors and hedge funds own 93.81% of the company’s stock.

Shares of Clean Harbors, Inc. (CLH) traded up $0.82 during trading hours on Tuesday, hitting $52.31. The stock had a trading volume of 356,600 shares, compared to its average volume of 317,135. The firm has a market cap of $2,930.00, a P/E ratio of 257.45 and a beta of 1.03. The company has a debt-to-equity ratio of 1.44, a current ratio of 2.19 and a quick ratio of 1.86. Clean Harbors, Inc. has a 12 month low of $49.42 and a 12 month high of $61.62.

A number of research firms have commented on CLH. BMO Capital Markets reduced their price target on Clean Harbors from $65.00 to $59.00 and set an “outperform” rating on the stock in a research report on Thursday, November 2nd. Barclays PLC upgraded Clean Harbors from an “underweight” rating to an “equal weight” rating and set a $50.00 price target on the stock in a research report on Monday, August 7th. Canaccord Genuity reiterated a “hold” rating and issued a $57.00 price target on shares of Clean Harbors in a research report on Wednesday, August 9th. BidaskClub lowered Clean Harbors from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 2nd. Finally, Raymond James Financial, Inc. upgraded Clean Harbors from an “underperform” rating to a “market perform” rating in a research report on Thursday, November 2nd. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $61.00.

In other news, COO Eric W. Gerstenberg sold 4,667 shares of the business’s stock in a transaction dated Thursday, August 24th. The stock was sold at an average price of $50.42, for a total value of $235,310.14. Following the transaction, the chief operating officer now directly owns 91,950 shares of the company’s stock, valued at approximately $4,636,119. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Eric J. Dugas sold 933 shares of the business’s stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $54.67, for a total value of $51,007.11. Following the completion of the transaction, the senior vice president now directly owns 14,766 shares in the company, valued at $807,257.22. The disclosure for this sale can be found here. Insiders sold a total of 7,187 shares of company stock worth $373,083 over the last three months. 8.90% of the stock is owned by company insiders.

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Clean Harbors Profile

Clean Harbors, Inc is a provider of environmental, energy and industrial services throughout North America. The Company is also a re-refiner and recycler of used oil in the world and a provider of parts cleaning and related environmental services to commercial, industrial and automotive customers in North America.

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Institutional Ownership by Quarter for Clean Harbors (NYSE:CLH)

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