Mizuho Asset Management Co. Ltd. bought a new stake in shares of Clean Harbors Inc. (NYSE:CLH) during the second quarter, according to its most recent 13F filing with the SEC. The firm bought 4,740 shares of the company’s stock, valued at approximately $247,000.

A number of other hedge funds also recently bought and sold shares of CLH. Vanguard Group Inc. increased its stake in Clean Harbors by 6.6% in the second quarter. Vanguard Group Inc. now owns 3,655,970 shares of the company’s stock valued at $190,513,000 after buying an additional 227,880 shares during the period. Principal Financial Group Inc. increased its stake in Clean Harbors by 13.9% in the second quarter. Principal Financial Group Inc. now owns 188,515 shares of the company’s stock valued at $9,824,000 after buying an additional 22,979 shares during the period. Prudential Financial Inc. increased its stake in Clean Harbors by 1.1% in the second quarter. Prudential Financial Inc. now owns 35,883 shares of the company’s stock valued at $1,870,000 after buying an additional 400 shares during the period. Dimensional Fund Advisors LP increased its stake in Clean Harbors by 12.2% in the second quarter. Dimensional Fund Advisors LP now owns 1,717,810 shares of the company’s stock valued at $89,513,000 after buying an additional 186,113 shares during the period. Finally, Teacher Retirement System of Texas increased its stake in Clean Harbors by 27.7% in the second quarter. Teacher Retirement System of Texas now owns 7,684 shares of the company’s stock valued at $400,000 after buying an additional 1,669 shares during the period. Hedge funds and other institutional investors own 95.12% of the company’s stock.

Shares of Clean Harbors Inc. (NYSE:CLH) traded up 0.61% during trading on Monday, hitting $46.18. 47,399 shares of the company were exchanged. The company’s 50-day moving average price is $49.22 and its 200 day moving average price is $49.55. Clean Harbors Inc. has a 12 month low of $37.09 and a 12 month high of $54.54. The stock has a market cap of $2.66 billion, a P/E ratio of 111.55 and a beta of 0.79.

Clean Harbors (NYSE:CLH) last released its quarterly earnings results on Wednesday, August 3rd. The company reported $0.15 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.23 by $0.08. The firm had revenue of $397.50 million for the quarter, compared to analyst estimates of $727.68 million. Clean Harbors had a net margin of 0.81% and a return on equity of 3.74%. Clean Harbors’s revenue for the quarter was down 25.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.72 earnings per share. On average, equities analysts predict that Clean Harbors Inc. will post $0.51 earnings per share for the current fiscal year.

Several research firms have commented on CLH. Macquarie began coverage on shares of Clean Harbors in a research note on Thursday, August 25th. They issued a “neutral” rating and a $51.00 price target for the company. Barclays PLC dropped their price target on shares of Clean Harbors from $58.00 to $57.00 and set an “overweight” rating for the company in a research note on Tuesday, August 9th. Zacks Investment Research downgraded shares of Clean Harbors from a “hold” rating to a “sell” rating in a research note on Monday, August 8th. Imperial Capital boosted their price target on shares of Clean Harbors from $55.00 to $57.00 and gave the stock an “outperform” rating in a research note on Thursday, August 4th. Finally, Needham & Company LLC boosted their price target on shares of Clean Harbors from $51.00 to $59.00 and gave the stock a “buy” rating in a research note on Wednesday, June 22nd. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $55.57.

In other Clean Harbors news, insider David M. Parry sold 4,060 shares of the firm’s stock in a transaction on Wednesday, August 31st. The shares were sold at an average price of $47.37, for a total transaction of $192,322.20. Following the completion of the transaction, the insider now directly owns 45,340 shares of the company’s stock, valued at approximately $2,147,755.80. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider James M. Rutledge sold 16,000 shares of the firm’s stock in a transaction on Friday, August 5th. The stock was sold at an average price of $50.74, for a total transaction of $811,840.00. Following the transaction, the insider now directly owns 127,939 shares of the company’s stock, valued at $6,491,624.86. The disclosure for this sale can be found here. Corporate insiders own 9.50% of the company’s stock.

Clean Harbors Company Profile

Clean Harbors, Inc is a provider of environmental, energy and industrial services. The Company operates in six segments: Technical Services; Industrial and Field Services; Kleen Performance Products; SK Environmental Services; Lodging Services, and Oil and Gas Field Services. Its Technical Services segment involves the collection, transportation, treatment and disposal of hazardous and non-hazardous wastes.

5 Day Chart for NYSE:CLH

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