Amundi Pioneer Asset Management Inc. bought a new position in Clean Harbors Inc (NYSE:CLH) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 8,700 shares of the business services provider’s stock, valued at approximately $429,000.

Several other hedge funds have also recently modified their holdings of the company. Great West Life Assurance Co. Can lifted its position in Clean Harbors by 6.4% during the fourth quarter. Great West Life Assurance Co. Can now owns 32,034 shares of the business services provider’s stock valued at $1,467,000 after purchasing an additional 1,936 shares during the last quarter. Canada Pension Plan Investment Board raised its position in shares of Clean Harbors by 150.4% during the 4th quarter. Canada Pension Plan Investment Board now owns 328,500 shares of the business services provider’s stock valued at $16,210,000 after buying an additional 197,300 shares in the last quarter. Fox Run Management L.L.C. purchased a new stake in shares of Clean Harbors during the 4th quarter valued at about $427,000. Vanguard Group Inc raised its position in shares of Clean Harbors by 2.6% during the 3rd quarter. Vanguard Group Inc now owns 4,495,357 shares of the business services provider’s stock valued at $321,778,000 after buying an additional 113,188 shares in the last quarter. Finally, Castleark Management LLC bought a new position in shares of Clean Harbors in the 3rd quarter valued at about $11,809,000. 93.07% of the stock is currently owned by hedge funds and other institutional investors.

Several research analysts recently commented on the company. TheStreet upgraded Clean Harbors from a “c+” rating to a “b-” rating in a research report on Tuesday, March 12th. UBS Group upgraded Clean Harbors from a “sell” rating to a “neutral” rating in a research report on Thursday, January 10th. Zacks Investment Research downgraded Clean Harbors from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 2nd. Finally, BMO Capital Markets raised their price objective on Clean Harbors from $60.00 to $75.00 and gave the company an “outperform” rating in a research note on Thursday, February 28th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $69.71.

In other Clean Harbors news, Director Rod Marlin sold 10,000 shares of the company’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $68.50, for a total value of $685,000.00. Following the transaction, the director now owns 39,234 shares of the company’s stock, valued at approximately $2,687,529. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Brian P. Weber sold 1,777 shares of the company’s stock in a transaction on Friday, March 22nd. The shares were sold at an average price of $71.00, for a total value of $126,167.00. Following the completion of the transaction, the executive vice president now directly owns 57,311 shares in the company, valued at approximately $4,069,081. The disclosure for this sale can be found here. Insiders sold a total of 16,777 shares of company stock worth $1,156,877 over the last three months. 8.70% of the stock is currently owned by corporate insiders.

Shares of CLH opened at $71.52 on Wednesday. Clean Harbors Inc has a twelve month low of $44.74 and a twelve month high of $72.65. The firm has a market capitalization of $4.02 billion, a PE ratio of 56.76 and a beta of 1.55. The company has a current ratio of 2.00, a quick ratio of 1.66 and a debt-to-equity ratio of 1.34.

Clean Harbors (NYSE:CLH) last released its quarterly earnings results on Wednesday, February 27th. The business services provider reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.09. The firm had revenue of $858.20 million during the quarter, compared to analysts’ expectations of $824.69 million. Clean Harbors had a net margin of 1.99% and a return on equity of 6.06%. The firm’s revenue for the quarter was up 14.8% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.06) EPS. On average, equities research analysts predict that Clean Harbors Inc will post 1.67 earnings per share for the current year.

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Clean Harbors Profile

Clean Harbors, Inc provides environmental, energy, and industrial services in North America. The company operates through two segments, Environmental Services and Safety-Kleen. The Environmental Services segment collects, transports, treats, and disposes hazardous and non-hazardous waste that include resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and CleanPack, a service to collect, identify, categorize, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous wastes.

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Institutional Ownership by Quarter for Clean Harbors (NYSE:CLH)

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