Quaero Capital S.A. Sells 992 Shares of Clean Harbors, Inc. (NYSE:CLH)

Quaero Capital S.A. lowered its position in Clean Harbors, Inc. (NYSE:CLH) by 21.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,730 shares of the business services provider’s stock after selling 992 shares during the quarter. Quaero Capital S.A.’s holdings in Clean Harbors were worth $858,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Reliant Investment Management LLC bought a new stake in shares of Clean Harbors in the 4th quarter worth approximately $4,386,000. Fiduciary Alliance LLC bought a new position in shares of Clean Harbors during the 4th quarter worth approximately $846,000. Mountain Pacific Investment Advisers LLC lifted its position in shares of Clean Harbors by 4.5% during the 4th quarter. Mountain Pacific Investment Advisers LLC now owns 99,039 shares of the business services provider’s stock worth $22,793,000 after buying an additional 4,240 shares during the period. Barclays PLC lifted its position in shares of Clean Harbors by 44.5% during the 3rd quarter. Barclays PLC now owns 28,056 shares of the business services provider’s stock worth $6,781,000 after buying an additional 8,639 shares during the period. Finally, Advisor Resource Council bought a new position in shares of Clean Harbors during the 3rd quarter worth approximately $926,000. Institutional investors own 90.43% of the company’s stock.

Insider Activity

In other news, Director Lauren States sold 308 shares of Clean Harbors stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $239.04, for a total value of $73,624.32. Following the completion of the sale, the director now directly owns 12,226 shares of the company’s stock, valued at approximately $2,922,503.04. This trade represents a 2.46 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Brian P. Weber sold 861 shares of Clean Harbors stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $261.31, for a total value of $224,987.91. Following the completion of the sale, the executive vice president now directly owns 59,346 shares of the company’s stock, valued at $15,507,703.26. This trade represents a 1.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,477 shares of company stock valued at $374,091. Company insiders own 5.90% of the company’s stock.

Clean Harbors Stock Down 0.7 %

NYSE CLH opened at $229.49 on Friday. The stock has a fifty day moving average of $235.55 and a 200-day moving average of $242.45. The stock has a market capitalization of $12.37 billion, a P/E ratio of 29.88 and a beta of 1.24. Clean Harbors, Inc. has a 52 week low of $176.02 and a 52 week high of $267.11. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.76 and a current ratio of 2.10.

Analyst Upgrades and Downgrades

Several research firms recently commented on CLH. Truist Financial raised their target price on Clean Harbors from $260.00 to $280.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Stifel Nicolaus raised their target price on Clean Harbors from $270.00 to $290.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. TD Cowen began coverage on Clean Harbors in a research report on Friday, December 6th. They set a “buy” rating and a $325.00 target price for the company. Robert W. Baird cut their target price on Clean Harbors from $300.00 to $285.00 and set an “outperform” rating for the company in a research report on Thursday, October 31st. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $268.00 price target on shares of Clean Harbors in a report on Thursday, January 16th. One equities research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $269.44.

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.