O Shaughnessy Asset Management LLC Purchases 278 Shares of Clean Harbors, Inc. (NYSE:CLH)

O Shaughnessy Asset Management LLC increased its holdings in Clean Harbors, Inc. (NYSE:CLH) by 8.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,617 shares of the business services provider’s stock after acquiring an additional 278 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Clean Harbors were worth $832,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. HighTower Advisors LLC grew its stake in Clean Harbors by 12.6% in the 3rd quarter. HighTower Advisors LLC now owns 7,983 shares of the business services provider’s stock valued at $1,923,000 after purchasing an additional 891 shares during the period. Integrated Wealth Concepts LLC grew its position in Clean Harbors by 8.1% during the third quarter. Integrated Wealth Concepts LLC now owns 1,052 shares of the business services provider’s stock valued at $254,000 after buying an additional 79 shares during the period. Morse Asset Management Inc purchased a new stake in Clean Harbors during the third quarter worth about $340,000. State Street Corp raised its position in Clean Harbors by 1.5% in the third quarter. State Street Corp now owns 1,510,363 shares of the business services provider’s stock worth $365,070,000 after acquiring an additional 21,662 shares during the period. Finally, EP Wealth Advisors LLC purchased a new position in Clean Harbors in the third quarter valued at about $305,000. 90.43% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on CLH. Stifel Nicolaus lowered their price target on shares of Clean Harbors from $290.00 to $285.00 and set a “buy” rating on the stock in a report on Thursday, February 20th. Needham & Company LLC reaffirmed a “buy” rating and set a $268.00 price target on shares of Clean Harbors in a research report on Thursday, February 20th. The Goldman Sachs Group cut their price target on Clean Harbors from $250.00 to $220.00 and set a “neutral” rating for the company in a research note on Wednesday, March 19th. Robert W. Baird dropped their price objective on shares of Clean Harbors from $285.00 to $272.00 and set an “outperform” rating on the stock in a report on Thursday, February 20th. Finally, StockNews.com downgraded shares of Clean Harbors from a “buy” rating to a “hold” rating in a research note on Tuesday, April 1st. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $266.56.

Clean Harbors Stock Down 1.5 %

CLH stock opened at $186.39 on Tuesday. Clean Harbors, Inc. has a twelve month low of $178.29 and a twelve month high of $267.11. The firm has a market capitalization of $10.04 billion, a PE ratio of 25.12 and a beta of 1.11. 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 stock has a 50-day simple moving average of $211.43 and a two-hundred day simple moving average of $233.41.

Clean Harbors (NYSE:CLH) last issued its quarterly earnings data on Wednesday, February 19th. The business services provider reported $1.55 EPS for the quarter, beating the consensus estimate of $1.36 by $0.19. Clean Harbors had a net margin of 6.83% and a return on equity of 16.33%. The company had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.43 billion. During the same quarter in the previous year, the company earned $1.82 earnings per share. Clean Harbors’s revenue for the quarter was up 6.9% on a year-over-year basis. On average, equities analysts predict that Clean Harbors, Inc. will post 7.89 EPS for the current fiscal year.

Insider Activity

In other Clean Harbors news, CFO Eric J. Dugas acquired 1,050 shares of the business’s stock in a transaction dated Monday, March 10th. The stock was bought at an average price of $191.38 per share, with a total value 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. This trade represents a 4.53 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Robert Speights sold 2,725 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The shares were 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 directly owns 40,008 shares in the company, valued at $7,619,123.52. This represents a 6.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,341 shares of company stock worth $663,041 in the last three months. Corporate insiders own 5.90% of the company’s stock.

Clean Harbors 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.