Capital Research Global Investors maintained its stake in Clean Harbors, Inc. (NYSE:CLH) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,539,500 shares of the business services provider’s stock at the close of the second quarter. Capital Research Global Investors owned about 2.69% of Clean Harbors worth $85,950,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Teacher Retirement System of Texas lifted its holdings in shares of Clean Harbors by 1.4% during the second quarter. Teacher Retirement System of Texas now owns 4,355 shares of the business services provider’s stock valued at $243,000 after acquiring an additional 60 shares during the period. Northwestern Mutual Investment Management Company LLC lifted its holdings in shares of Clean Harbors by 0.7% during the second quarter. Northwestern Mutual Investment Management Company LLC now owns 9,043 shares of the business services provider’s stock valued at $471,000 after acquiring an additional 61 shares during the period. Amalgamated Bank lifted its holdings in shares of Clean Harbors by 1.0% during the first quarter. Amalgamated Bank now owns 8,298 shares of the business services provider’s stock valued at $462,000 after acquiring an additional 83 shares during the period. Utah Retirement Systems lifted its holdings in shares of Clean Harbors by 1.1% during the first quarter. Utah Retirement Systems now owns 9,600 shares of the business services provider’s stock valued at $534,000 after acquiring an additional 100 shares during the period. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of Clean Harbors by 0.3% during the first quarter. PNC Financial Services Group Inc. now owns 41,604 shares of the business services provider’s stock valued at $2,315,000 after acquiring an additional 119 shares during the period. 94.18% of the stock is owned by institutional investors.

In other Clean Harbors news, EVP Brian P. Weber sold 490 shares of the stock in a transaction dated Friday, September 29th. The stock was sold at an average price of $56.18, for a total value of $27,528.20. Following the completion of the transaction, the executive vice president now directly owns 59,413 shares in the company, valued at $3,337,822.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Eric W. Gerstenberg sold 4,667 shares of the stock in a transaction dated Thursday, August 24th. The shares were sold at an average price of $50.42, for a total value of $235,310.14. Following the completion of the transaction, the chief operating officer now owns 91,950 shares of the company’s stock, valued at $4,636,119. The disclosure for this sale can be found here. Insiders sold 6,090 shares of company stock valued at $313,845 over the last quarter. Corporate insiders own 8.90% of the company’s stock.

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CLH has been the subject of a number of research reports. Stifel Nicolaus restated a “buy” rating and issued a $67.00 target price on shares of Clean Harbors in a research note on Wednesday, July 19th. Needham & Company LLC restated a “buy” rating and issued a $66.00 target price on shares of Clean Harbors in a research note on Thursday, July 13th. Barclays PLC upgraded Clean Harbors from an “underweight” rating to an “equal weight” rating and set a $50.00 target price for the company in a research note on Monday, August 7th. ValuEngine upgraded Clean Harbors from a “sell” rating to a “hold” rating in a research note on Thursday, August 31st. Finally, Canaccord Genuity restated a “hold” rating and issued a $57.00 target price on shares of Clean Harbors in a research note on Wednesday, August 9th. One analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company’s stock. Clean Harbors presently has a consensus rating of “Buy” and an average price target of $62.00.

Shares of Clean Harbors, Inc. (NYSE CLH) opened at 56.45 on Friday. The stock has a 50 day moving average price of $54.37 and a 200-day moving average price of $55.95. Clean Harbors, Inc. has a 52 week low of $43.03 and a 52 week high of $61.62. The firm’s market capitalization is $3.23 billion.

Clean Harbors (NYSE:CLH) last posted its earnings results on Wednesday, August 2nd. The business services provider reported $0.24 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.03). The firm had revenue of $752.80 million during the quarter, compared to the consensus estimate of $735.63 million. Clean Harbors had a negative net margin of 0.65% and a positive return on equity of 0.79%. Clean Harbors’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.15 earnings per share. On average, equities research analysts forecast that Clean Harbors, Inc. will post $0.67 earnings per share for the current year.

Clean Harbors Company Profile

Clean Harbors, Inc is a provider of environmental, energy and industrial services throughout North America. The Company is also a re-refiner and recycler of used oil in the world and a provider of parts cleaning and related environmental services to commercial, industrial and automotive customers in North America.

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

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