Teachers Retirement System of The State of Kentucky Sells 115 Shares of Clean Harbors, Inc. (NYSE:CLH)

Teachers Retirement System of The State of Kentucky lowered its position in Clean Harbors, Inc. (NYSE:CLHGet Rating) by 0.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,980 shares of the business services provider’s stock after selling 115 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Clean Harbors were worth $2,342,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. UMB Bank N A MO raised its stake in shares of Clean Harbors by 656.3% in the first quarter. UMB Bank N A MO now owns 242 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 210 shares during the last quarter. Steward Partners Investment Advisory LLC acquired a new stake in shares of Clean Harbors in the first quarter valued at approximately $29,000. Huntington National Bank increased its holdings in shares of Clean Harbors by 153.9% in the first quarter. Huntington National Bank now owns 391 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 237 shares in the last quarter. Quent Capital LLC acquired a new stake in shares of Clean Harbors in the fourth quarter valued at approximately $50,000. Finally, Lazard Asset Management LLC increased its holdings in shares of Clean Harbors by 107.9% in the first quarter. Lazard Asset Management LLC now owns 578 shares of the business services provider’s stock valued at $64,000 after purchasing an additional 300 shares in the last quarter. Institutional investors own 88.85% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on CLH shares. Raymond James raised their price target on shares of Clean Harbors from $135.00 to $145.00 and gave the company a “strong-buy” rating in a report on Thursday, August 4th. StockNews.com raised shares of Clean Harbors from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 4th. Robert W. Baird raised their price target on shares of Clean Harbors from $131.00 to $150.00 in a report on Thursday, August 4th. Stifel Nicolaus lifted their target price on shares of Clean Harbors from $127.00 to $145.00 and gave the stock a “buy” rating in a report on Friday, September 2nd. Finally, DA Davidson lifted their target price on shares of Clean Harbors to $150.00 in a report on Tuesday, August 9th. One investment analyst has rated the stock with a hold rating, five have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Clean Harbors has a consensus rating of “Buy” and a consensus target price of $137.38.

Insider Activity

In other news, Director Andrea Robertson sold 1,095 shares of the business’s stock in a transaction on Friday, August 5th. The shares were sold at an average price of $106.37, for a total value of $116,475.15. Following the completion of the transaction, the director now owns 10,719 shares of the company’s stock, valued at approximately $1,140,180.03. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, EVP Brian P. Weber sold 2,003 shares of the business’s stock in a transaction on Friday, September 9th. The shares were sold at an average price of $122.42, for a total value of $245,207.26. Following the sale, the executive vice president now directly owns 62,103 shares of the company’s stock, valued at approximately $7,602,649.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andrea Robertson sold 1,095 shares of the business’s stock in a transaction on Friday, August 5th. The shares were sold at an average price of $106.37, for a total transaction of $116,475.15. Following the completion of the sale, the director now directly owns 10,719 shares in the company, valued at $1,140,180.03. The disclosure for this sale can be found here. 6.60% of the stock is owned by company insiders.

Clean Harbors Price Performance

Shares of CLH stock opened at $116.55 on Wednesday. Clean Harbors, Inc. has a 12-month low of $81.56 and a 12-month high of $124.49. The firm has a market capitalization of $6.31 billion, a price-to-earnings ratio of 20.66 and a beta of 1.43. The company has a quick ratio of 1.66, a current ratio of 1.94 and a debt-to-equity ratio of 1.46. The firm has a fifty day moving average of $109.46 and a 200-day moving average of $101.99.

Clean Harbors (NYSE:CLHGet Rating) last announced its quarterly earnings results on Wednesday, August 3rd. The business services provider reported $2.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.91. Clean Harbors had a net margin of 6.70% and a return on equity of 18.40%. The company had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the previous year, the business earned $1.19 EPS. The firm’s revenue was up 46.8% on a year-over-year basis. On average, equities research analysts forecast that Clean Harbors, Inc. will post 6.53 earnings per share for the current year.

About Clean Harbors

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Clean Harbors, Inc provides environmental and industrial services in North America. 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 CleanPack services, including collection, identification, categorization, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous waste.

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

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