Clean Harbors, Inc. (NYSE:CLH) Shares Sold by Bleakley Financial Group LLC

Bleakley Financial Group LLC cut its holdings in Clean Harbors, Inc. (NYSE:CLH) by 7.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,011 shares of the business services provider’s stock after selling 81 shares during the period. Bleakley Financial Group LLC’s holdings in Clean Harbors were worth $233,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of CLH. Reliant Investment Management LLC purchased a new position in Clean Harbors in the 4th quarter worth about $4,386,000. Fiduciary Alliance LLC bought a new position in shares of Clean Harbors in the 4th quarter valued at approximately $846,000. Mountain Pacific Investment Advisers LLC lifted its position in Clean Harbors by 4.5% during the 4th quarter. Mountain Pacific Investment Advisers LLC now owns 99,039 shares of the business services provider’s stock worth $22,793,000 after acquiring an additional 4,240 shares during the last quarter. Barclays PLC lifted its holdings in shares of Clean Harbors by 44.5% during the third quarter. Barclays PLC now owns 28,056 shares of the business services provider’s stock worth $6,781,000 after buying an additional 8,639 shares during the last quarter. Finally, Advisor Resource Council bought a new position in shares of Clean Harbors during the 3rd quarter worth about $926,000. Institutional investors own 90.43% of the company’s stock.

Wall Street Analyst Weigh In

CLH has been the subject of a number of analyst reports. StockNews.com downgraded shares of Clean Harbors from a “strong-buy” rating to a “buy” rating in a research note on Thursday, October 31st. 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. Oppenheimer increased their price target on Clean Harbors from $255.00 to $256.00 and gave the stock an “outperform” rating in a report on Monday, January 13th. TD Cowen initiated coverage on shares of Clean Harbors in a research note on Friday, December 6th. They issued a “buy” rating and a $325.00 target price for the company. Finally, Robert W. Baird decreased their price target on shares of Clean Harbors from $300.00 to $285.00 and set an “outperform” rating for the company in a research note on Thursday, October 31st. One equities research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $269.44.

Insider Transactions at Clean Harbors

In related news, Director Lauren States sold 308 shares of the stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $249.78, for a total transaction of $76,932.24. Following the completion of the transaction, the director now owns 12,842 shares in the company, valued at approximately $3,207,674.76. This represents a 2.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Eric W. Gerstenberg sold 6,051 shares of the company’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $250.42, for a total value of $1,515,291.42. Following the transaction, the chief executive officer now directly owns 55,657 shares in the company, valued at $13,937,625.94. This represents a 9.81 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 7,836 shares of company stock valued at $1,966,314 over the last ninety days. 5.90% of the stock is currently owned by insiders.

Clean Harbors Trading Down 1.0 %

NYSE:CLH opened at $231.52 on Thursday. 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 firm has a fifty day simple moving average of $236.24 and a two-hundred day simple moving average of $242.48. The stock has a market capitalization of $12.48 billion, a price-to-earnings ratio of 30.15 and a beta of 1.24. Clean Harbors, Inc. has a 12 month low of $176.02 and a 12 month high of $267.11.

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.