Amalgamated Bank Has $6.37 Million Holdings in Clean Harbors, Inc. (NYSE:CLH)

Amalgamated Bank decreased its stake in shares of Clean Harbors, Inc. (NYSE:CLH) by 4.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 36,499 shares of the business services provider’s stock after selling 1,507 shares during the period. Amalgamated Bank owned 0.07% of Clean Harbors worth $6,369,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Millburn Ridgefield Corp acquired a new stake in shares of Clean Harbors in the third quarter valued at about $25,000. Catalyst Capital Advisors LLC bought a new stake in shares of Clean Harbors in the 3rd quarter worth approximately $25,000. Contravisory Investment Management Inc. acquired a new stake in shares of Clean Harbors during the 4th quarter worth approximately $25,000. C M Bidwell & Associates Ltd. bought a new stake in shares of Clean Harbors during the third quarter valued at approximately $33,000. Finally, Blue Trust Inc. raised its stake in shares of Clean Harbors by 52.4% in the fourth quarter. Blue Trust Inc. now owns 218 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 75 shares in the last quarter. 90.43% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on CLH shares. BMO Capital Markets increased their price objective on shares of Clean Harbors from $225.00 to $230.00 and gave the company an “outperform” rating in a research note on Thursday. Needham & Company LLC reiterated a “buy” rating and issued a $235.00 price objective on shares of Clean Harbors in a research note on Thursday. Truist Financial raised their target price on Clean Harbors from $210.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday. StockNews.com cut Clean Harbors from a “strong-buy” rating to a “buy” rating in a research report on Thursday. Finally, Stifel Nicolaus reissued a “buy” rating and set a $220.00 price objective on shares of Clean Harbors in a report on Monday, April 22nd. One research analyst has rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $216.40.

Clean Harbors Stock Up 0.9 %

Shares of CLH opened at $207.35 on Monday. The firm has a market capitalization of $11.18 billion, a price-to-earnings ratio of 30.01 and a beta of 1.24. Clean Harbors, Inc. has a 52 week low of $132.92 and a 52 week high of $210.26. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.72 and a current ratio of 2.07. The business’s fifty day moving average price is $193.88 and its two-hundred day moving average price is $177.40.

Clean Harbors (NYSE:CLH) last announced its quarterly earnings data on Wednesday, May 1st. The business services provider reported $1.29 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.13. Clean Harbors had a return on equity of 16.97% and a net margin of 6.85%. The firm had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same period in the previous year, the business posted $1.36 EPS. The company’s quarterly revenue was up 5.3% compared to the same quarter last year. On average, analysts predict that Clean Harbors, Inc. will post 7.46 earnings per share for the current year.

Insider Buying and Selling at Clean Harbors

In related news, CEO Eric W. Gerstenberg sold 15,276 shares of Clean Harbors stock in a transaction on Friday, March 15th. The stock was sold at an average price of $187.71, for a total transaction of $2,867,457.96. Following the completion of the sale, the chief executive officer now directly owns 67,374 shares of the company’s stock, valued at $12,646,773.54. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, EVP Brian P. Weber sold 7,996 shares of the business’s stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of $199.07, for a total value of $1,591,763.72. Following the completion of the transaction, the executive vice president now owns 62,803 shares of the company’s stock, valued at approximately $12,502,193.21. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Eric W. Gerstenberg sold 15,276 shares of the firm’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $187.71, for a total value of $2,867,457.96. Following the sale, the chief executive officer now directly owns 67,374 shares in the company, valued at approximately $12,646,773.54. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 25,185 shares of company stock valued at $4,819,554. 5.90% of the stock is currently owned by insiders.

About Clean Harbors

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.