2,672 Shares in Clean Harbors, Inc. $CLH Acquired by Interchange Capital Partners LLC

Interchange Capital Partners LLC bought a new position in shares of Clean Harbors, Inc. (NYSE:CLH) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 2,672 shares of the business services provider’s stock, valued at approximately $627,000.

A number of other institutional investors have also recently bought and sold shares of CLH. HB Wealth Management LLC lifted its stake in Clean Harbors by 5.2% in the 3rd quarter. HB Wealth Management LLC now owns 990 shares of the business services provider’s stock valued at $230,000 after purchasing an additional 49 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its position in Clean Harbors by 0.5% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 9,460 shares of the business services provider’s stock valued at $2,197,000 after buying an additional 49 shares in the last quarter. SkyView Investment Advisors LLC grew its stake in shares of Clean Harbors by 2.3% during the second quarter. SkyView Investment Advisors LLC now owns 2,378 shares of the business services provider’s stock worth $549,000 after buying an additional 53 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Clean Harbors by 5.4% during the fourth quarter. GAMMA Investing LLC now owns 1,034 shares of the business services provider’s stock worth $242,000 after buying an additional 53 shares in the last quarter. Finally, US Bancorp DE increased its holdings in shares of Clean Harbors by 16.9% during the third quarter. US Bancorp DE now owns 374 shares of the business services provider’s stock worth $87,000 after buying an additional 54 shares in the last quarter. Institutional investors own 90.43% of the company’s stock.

Insider Buying and Selling

In related news, EVP Sharon M. Gabriel sold 3,540 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $282.07, for a total value of $998,527.80. Following the sale, the executive vice president directly owned 23,193 shares in the company, valued at $6,542,049.51. This represents a 13.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Eric J. Dugas sold 2,788 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $281.31, for a total transaction of $784,292.28. Following the sale, the chief financial officer directly owned 15,933 shares of the company’s stock, valued at $4,482,112.23. This represents a 14.89% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 13,597 shares of company stock valued at $3,895,286. Corporate insiders own 5.00% of the company’s stock.

Clean Harbors Price Performance

Shares of NYSE:CLH opened at $306.30 on Thursday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 2.00 and a current ratio of 2.33. Clean Harbors, Inc. has a 52 week low of $201.34 and a 52 week high of $316.98. The firm has a market cap of $16.33 billion, a PE ratio of 42.07 and a beta of 0.94. The firm’s fifty day moving average is $293.39 and its 200-day moving average is $258.79.

Clean Harbors (NYSE:CLH) last posted its quarterly earnings data on Wednesday, February 18th. The business services provider reported $1.62 earnings per share for the quarter, beating analysts’ consensus estimates of $1.59 by $0.03. The business had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.46 billion. Clean Harbors had a return on equity of 14.47% and a net margin of 6.48%.Clean Harbors’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.55 earnings per share. Sell-side analysts predict that Clean Harbors, Inc. will post 8.25 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Weiss Ratings downgraded Clean Harbors from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, April 9th. BMO Capital Markets upped their target price on Clean Harbors from $290.00 to $310.00 and gave the stock an “outperform” rating in a report on Wednesday, February 18th. Oppenheimer increased their target price on Clean Harbors from $283.00 to $300.00 and gave the company an “outperform” rating in a research report on Thursday, February 19th. Robert W. Baird lifted their price target on Clean Harbors from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, April 16th. Finally, The Goldman Sachs Group boosted their price target on Clean Harbors from $268.00 to $306.00 and gave the stock a “neutral” rating in a report on Wednesday, April 8th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Clean Harbors currently has an average rating of “Moderate Buy” and a consensus price target of $314.00.

Clean Harbors Company Profile

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.