Clean Harbors Inc (CLH) Shares Bought by United Services Automobile Association

United Services Automobile Association lifted its holdings in shares of Clean Harbors Inc (NYSE:CLH) by 27.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,018 shares of the business services provider’s stock after acquiring an additional 2,188 shares during the quarter. United Services Automobile Association’s holdings in Clean Harbors were worth $494,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of CLH. Quantamental Technologies LLC purchased a new stake in shares of Clean Harbors during the fourth quarter valued at approximately $34,000. Enlightenment Research LLC purchased a new stake in Clean Harbors in the fourth quarter worth $35,000. Belpointe Asset Management LLC purchased a new stake in Clean Harbors in the third quarter worth $128,000. Brown Brothers Harriman & Co. purchased a new stake in Clean Harbors in the third quarter worth $143,000. Finally, NumerixS Investment Technologies Inc purchased a new stake in Clean Harbors in the fourth quarter worth $178,000. 93.07% of the stock is owned by institutional investors.

A number of analysts have issued reports on the company. TheStreet raised Clean Harbors from a “c+” rating to a “b-” rating in a research report on Tuesday, March 12th. BMO Capital Markets raised their target price on Clean Harbors from $60.00 to $75.00 and gave the stock an “outperform” rating in a research report on Thursday, February 28th. UBS Group raised Clean Harbors from a “sell” rating to a “neutral” rating in a research report on Thursday, January 10th. Finally, Zacks Investment Research lowered Clean Harbors from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 2nd. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $67.29.

In related news, Director Andrea Robertson sold 1,000 shares of Clean Harbors stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $66.75, for a total transaction of $66,750.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Rod Marlin sold 10,000 shares of Clean Harbors stock in a transaction on Friday, March 1st. The shares were sold at an average price of $68.50, for a total value of $685,000.00. Following the sale, the director now directly owns 39,234 shares of the company’s stock, valued at approximately $2,687,529. The disclosure for this sale can be found here. Insiders have sold 16,777 shares of company stock valued at $1,156,877 in the last three months. 8.70% of the stock is owned by corporate insiders.

Clean Harbors stock opened at $72.00 on Tuesday. Clean Harbors Inc has a one year low of $44.74 and a one year high of $72.50. The company has a debt-to-equity ratio of 1.34, a current ratio of 2.00 and a quick ratio of 1.66. The firm has a market capitalization of $4.00 billion, a PE ratio of 57.14 and a beta of 1.55.

Clean Harbors (NYSE:CLH) last posted its quarterly earnings results on Wednesday, February 27th. The business services provider reported $0.24 EPS for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.07. Clean Harbors had a return on equity of 6.06% and a net margin of 1.99%. The firm had revenue of $858.20 million during the quarter, compared to analyst estimates of $824.69 million. During the same period last year, the company earned ($0.06) earnings per share. The business’s revenue for the quarter was up 14.8% on a year-over-year basis. Analysts anticipate that Clean Harbors Inc will post 1.67 EPS for the current fiscal year.

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Clean Harbors Company Profile

Clean Harbors, Inc provides environmental, energy, and industrial services in North America. The company operates through two segments, Environmental Services and Safety-Kleen. The Environmental Services segment collects, transports, treats, and disposes hazardous and non-hazardous waste that include resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and CleanPack, a service to collect, identify, categorize, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous wastes.

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

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