Clean Harbors Inc. (CLH)

National Bank of Canada FI Invests $34,000 in Clean Harbors, Inc. (NYSE:CLH)

National Bank of Canada FI acquired a new stake in Clean Harbors, Inc. (NYSE:CLH – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 200 shares of the business services provider’s stock, valued at approximately $34,000. Other large investors also recently bought and sold shares of the company. Natixis Advisors L.P. lifted its holdings in shares of Clean Harbors by 5.4% in the 4th quarter. Natixis Advisors L.P. now owns 166,176 shares of the business services provider’s stock worth $28,999,000 after acquiring an additional 8,531 shares during the last quarter. LGT Group Foundation boosted its holdings in Clean Harbors by 21.2% during the 4th quarter. LGT Group Foundation now owns 26,145 shares of the business services provider’s stock valued at $4,600,000 after acquiring an additional 4,571 shares during the period. New York Life Investment Management LLC acquired a new position in Clean Harbors in the 4th quarter valued at about $929,000. Amica Mutual Insurance Co. increased its stake in Clean Harbors by 75.0% during the fourth quarter. Amica Mutual Insurance Co. now owns 15,279 shares of the business services provider’s stock worth $2,666,000 after purchasing an additional 6,546 shares during the period. Finally, Intrust Bank NA boosted its stake in shares of Clean Harbors by 4.4% in the fourth quarter. Intrust Bank NA now owns 2,736 shares of the business services provider’s stock valued at $477,000 after purchasing an additional 116 shares during the period. Institutional investors and hedge funds own 90.43% of the company’s stock. Insider Activity at Clean Harbors In other Clean Harbors news, Director John T. Preston sold 1,913 shares of the firm’s stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $188.36, for a total transaction of $360,332.68. Following the transaction, the director now directly owns 4,767 shares of the company’s stock, valued at approximately $897,912.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Clean Harbors news, CEO Eric W. Gerstenberg sold 15,276 shares of the company’s stock in a transaction on Friday, March 15th. The shares were sold at an average price of $187.71, for a total transaction of $2,867,457.96. Following the completion of the transaction, the chief executive officer now owns 67,374 shares in the company, valued at approximately $12,646,773.54. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John T. Preston sold 1,913 shares of the firm’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $188.36, for a total transaction of $360,332.68. Following the completion of the sale, the director now owns 4,767 shares of the company’s stock, valued at approximately $897,912.12. The disclosure for this sale can be found here. Insiders sold a total of 31,385 shares of company stock worth $6,113,742 in the last 90 days. 5.90% of the stock is owned by insiders. Analyst Upgrades and Downgrades Several equities analysts have commented on the stock. StockNews.com cut shares of Clean Harbors from a “strong-buy” rating to a “buy” rating in a research report on Thursday, May 2nd. Needham & Company LLC reaffirmed a “buy” rating and issued a $235.00 price target on shares of Clean Harbors in a research report on Thursday, May 2nd. Oppenheimer raised their target price on shares of Clean Harbors from $178.00 to $200.00 and gave the company an “outperform” rating in a report on Thursday, February 22nd. BMO Capital Markets boosted their price target on shares of Clean Harbors from $225.00 to $230.00 and gave the stock an “outperform” rating in a report on Thursday, May 2nd. Finally, Robert W. Baird boosted their target price on shares of Clean Harbors from $235.00 to $240.00 and gave the stock an “outperform” rating in a research note on Thursday, May 2nd. One equities research analyst has rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Clean Harbors presently has an average rating of “Buy” and a consensus target price of $216.40. Check Out Our Latest Analysis on Clean Harbors Clean Harbors Stock Performance NYSE CLH opened at $213.11 on Monday. The company has a fifty day moving average of $199.17 and a two-hundred day moving average of $181.52. The company has a debt-to-equity ratio of 1.20, a current ratio of 2.07 and a quick ratio of 1.72. Clean Harbors, Inc. has a 1 year low of $132.92 and a 1 year high of $216.73. The company has a market capitalization of $11.49 billion, a PE ratio of 30.84 and a beta of 1.24. Clean Harbors (NYSE:CLH – Get Free Report) last released its quarterly earnings results on Wednesday, May 1st. The business services provider reported $1.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.13. The firm had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.34 billion. Clean Harbors had a return on equity of 16.97% and a net margin of 6.85%. The firm’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.36 EPS. As a group, analysts expect that Clean Harbors, Inc. will post 7.46 earnings per share for the current year. Clean Harbors Company Profile (Free Report) 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.