Sei Investments Co. boosted its stake in Clean Harbors, Inc. (NYSE:CLH) by 5.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 199,416 shares of the business services provider’s stock after acquiring an additional 9,830 shares during the quarter. Sei Investments Co. owned 0.35% of Clean Harbors worth $11,307,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also made changes to their positions in CLH. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Clean Harbors by 9.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,081 shares of the business services provider’s stock worth $116,000 after purchasing an additional 188 shares during the last quarter. World Asset Management Inc acquired a new stake in Clean Harbors during the 2nd quarter worth $201,000. Balyasny Asset Management LLC acquired a new stake in Clean Harbors during the 2nd quarter worth $203,000. Shelton Capital Management acquired a new stake in Clean Harbors during the 2nd quarter worth $221,000. Finally, LS Investment Advisors LLC boosted its stake in Clean Harbors by 16.8% during the 2nd quarter. LS Investment Advisors LLC now owns 4,164 shares of the business services provider’s stock worth $232,000 after purchasing an additional 598 shares during the last quarter. 93.98% of the stock is currently owned by institutional investors.
Shares of Clean Harbors, Inc. (NYSE:CLH) opened at $51.49 on Friday. The firm has a market capitalization of $2,931.48, a P/E ratio of 257.45 and a beta of 1.04. Clean Harbors, Inc. has a fifty-two week low of $49.02 and a fifty-two week high of $61.62. The company has a quick ratio of 1.86, a current ratio of 2.19 and a debt-to-equity ratio of 1.44.
In other Clean Harbors news, COO Eric W. Gerstenberg sold 4,667 shares of the stock in a transaction on Thursday, August 24th. The stock was sold at an average price of $50.42, for a total value of $235,310.14. Following the completion of the transaction, the chief operating officer now owns 91,950 shares in the company, valued at $4,636,119. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Brian P. Weber sold 490 shares of the stock in a transaction on Friday, September 29th. The stock was sold at an average price of $56.18, for a total value of $27,528.20. Following the completion of the transaction, the executive vice president now owns 59,413 shares of the company’s stock, valued at approximately $3,337,822.34. The disclosure for this sale can be found here. Insiders sold 7,187 shares of company stock valued at $373,083 over the last three months. Corporate insiders own 8.90% of the company’s stock.
CLH has been the topic of several analyst reports. 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 report on Monday, August 7th. BidaskClub lowered shares of Clean Harbors from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 2nd. Canaccord Genuity restated a “hold” rating and issued a $57.00 price objective on shares of Clean Harbors in a report on Wednesday, August 9th. KeyCorp restated a “hold” rating on shares of Clean Harbors in a report on Wednesday, November 1st. Finally, UBS AG upgraded shares of Clean Harbors from an “underperform” rating to a “market perform” rating in a 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 assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $61.00.
Clean Harbors Company 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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