Aptus Capital Advisors LLC Boosts Holdings in Clean Harbors, Inc. (NYSE:CLH)

Aptus Capital Advisors LLC raised its position in Clean Harbors, Inc. (NYSE:CLH) by 9.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,024 shares of the business services provider’s stock after purchasing an additional 182 shares during the period. Aptus Capital Advisors LLC’s holdings in Clean Harbors were worth $466,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. AXA S.A. boosted its holdings in shares of Clean Harbors by 1.0% during the fourth quarter. AXA S.A. now owns 33,776 shares of the business services provider’s stock worth $7,773,000 after purchasing an additional 319 shares during the period. Freestone Grove Partners LP purchased a new stake in Clean Harbors in the fourth quarter worth $8,978,000. Gallo Partners LP bought a new stake in Clean Harbors in the fourth quarter valued at $2,506,000. Kapitalo Investimentos Ltda purchased a new position in Clean Harbors during the 4th quarter valued at $32,000. Finally, Northern Trust Corp raised its stake in Clean Harbors by 28.1% in the fourth quarter. Northern Trust Corp now owns 498,217 shares of the business services provider’s stock worth $114,660,000 after buying an additional 109,209 shares in the last quarter. Hedge funds and other institutional investors own 90.43% of the company’s stock.

Insider Transactions at Clean Harbors

In related news, insider Robert Speights sold 2,725 shares of Clean Harbors stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $190.44, for a total transaction of $518,949.00. Following the completion of the sale, the insider now owns 40,008 shares of the company’s stock, valued at $7,619,123.52. The trade was a 6.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Eric J. Dugas purchased 1,050 shares of the stock in a transaction on Monday, March 10th. The stock was acquired at an average cost of $191.38 per share, for a total transaction of $200,949.00. Following the completion of the acquisition, the chief financial officer now owns 24,238 shares of the company’s stock, valued at $4,638,668.44. The trade was a 4.53 % increase in their position. The disclosure for this purchase can be found here. Insiders own 5.60% of the company’s stock.

Clean Harbors Trading Up 0.3 %

Shares of NYSE CLH opened at $222.69 on Thursday. Clean Harbors, Inc. has a twelve month low of $178.29 and a twelve month high of $267.11. The company has a quick ratio of 1.76, a current ratio of 2.21 and a debt-to-equity ratio of 1.08. The business has a fifty day simple moving average of $201.94 and a two-hundred day simple moving average of $226.77. The firm has a market cap of $11.93 billion, a PE ratio of 30.01 and a beta of 1.19.

Clean Harbors (NYSE:CLH) last posted its quarterly earnings results on Wednesday, April 30th. The business services provider reported $1.09 EPS for the quarter, beating the consensus estimate of $1.02 by $0.07. Clean Harbors had a net margin of 6.83% and a return on equity of 16.33%. The business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same quarter in the previous year, the business posted $1.29 EPS. The company’s quarterly revenue was up 4.0% compared to the same quarter last year. Analysts expect that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

Analyst Ratings Changes

CLH has been the subject of a number of analyst reports. BMO Capital Markets decreased their target price on shares of Clean Harbors from $284.00 to $270.00 and set an “outperform” rating for the company in a research note on Thursday, February 20th. StockNews.com raised Clean Harbors from a “hold” rating to a “buy” rating in a research note on Thursday, May 1st. Needham & Company LLC reduced their price objective on shares of Clean Harbors from $268.00 to $255.00 and set a “buy” rating for the company in a research note on Thursday, May 1st. Oppenheimer cut their price target on shares of Clean Harbors from $256.00 to $254.00 and set an “outperform” rating on the stock in a report on Thursday, February 20th. Finally, Robert W. Baird boosted their price objective on shares of Clean Harbors from $250.00 to $255.00 and gave the stock an “outperform” rating in a report on Thursday, May 1st. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $257.67.

Clean Harbors Company Profile

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.