New Age Alpha Advisors LLC Trims Position in Clean Harbors, Inc. $CLH

New Age Alpha Advisors LLC lessened its holdings in shares of Clean Harbors, Inc. (NYSE:CLH) by 44.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,876 shares of the business services provider’s stock after selling 4,690 shares during the quarter. New Age Alpha Advisors LLC’s holdings in Clean Harbors were worth $1,378,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in CLH. Integrated Wealth Concepts LLC lifted its stake in shares of Clean Harbors by 102.9% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,187 shares of the business services provider’s stock worth $431,000 after purchasing an additional 1,109 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of Clean Harbors by 47.7% during the 1st quarter. Jones Financial Companies Lllp now owns 607 shares of the business services provider’s stock worth $120,000 after purchasing an additional 196 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Clean Harbors by 12.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 54,577 shares of the business services provider’s stock worth $10,757,000 after purchasing an additional 5,884 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of Clean Harbors by 65.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,837 shares of the business services provider’s stock worth $1,118,000 after purchasing an additional 1,908 shares during the period. Finally, Baird Financial Group Inc. lifted its stake in shares of Clean Harbors by 1.4% during the 2nd quarter. Baird Financial Group Inc. now owns 4,418 shares of the business services provider’s stock worth $1,021,000 after purchasing an additional 60 shares during the period. Hedge funds and other institutional investors own 90.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Barclays increased their price target on Clean Harbors from $280.00 to $304.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Weiss Ratings lowered Clean Harbors from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, April 9th. Robert W. Baird increased their price target on Clean Harbors from $300.00 to $350.00 and gave the stock an “outperform” rating in a research note on Thursday, April 16th. Needham & Company LLC increased their price target on Clean Harbors from $308.00 to $325.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Finally, BMO Capital Markets increased their price target on Clean Harbors from $290.00 to $310.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 18th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $322.08.

Insider Buying and Selling

In related news, Director Lauren States sold 789 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $286.19, for a total value of $225,803.91. Following the completion of the sale, the director directly owned 11,359 shares in the company, valued at approximately $3,250,832.21. This represents a 6.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Marcy L. Reed sold 836 shares of the stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $287.94, for a total value of $240,717.84. Following the completion of the transaction, the director directly owned 5,081 shares of the company’s stock, valued at $1,463,023.14. This represents a 14.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 7,308 shares of company stock valued at $2,133,467 in the last 90 days. 5.00% of the stock is currently owned by company insiders.

Clean Harbors Trading Down 1.2%

CLH stock opened at $283.23 on Thursday. The company has a market cap of $14.97 billion, a price-to-earnings ratio of 38.38 and a beta of 0.92. The company has a quick ratio of 1.99, a current ratio of 2.34 and a debt-to-equity ratio of 0.99. The business has a fifty day simple moving average of $295.68 and a 200-day simple moving average of $267.38. Clean Harbors, Inc. has a 52 week low of $201.34 and a 52 week high of $316.98.

Clean Harbors (NYSE:CLH) last released its quarterly earnings data on Wednesday, May 6th. The business services provider reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.15 by $0.04. The business had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.47 billion. Clean Harbors had a return on equity of 14.37% and a net margin of 6.53%.The business’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.09 EPS. On average, equities research analysts expect that Clean Harbors, Inc. will post 8.38 EPS for the current year.

About Clean Harbors

Clean Harbors, Inc is a leading provider of environmental, energy and industrial services in North America. The company specializes in the collection, transportation and disposal of hazardous and non-hazardous wastes, emergency spill response and remediation, industrial cleaning and on-site field services. Its comprehensive service offering also includes chemical neutralization, drum crushing, high-pressure water blasting, tank cleaning and vacuum services designed to help customers meet stringent environmental regulations.

Founded in 1980 by Alan S.