Clean Harbors Inc (NYSE:CLH) EVP Brian P. Weber sold 1,870 shares of Clean Harbors stock in a transaction dated Thursday, December 28th. The stock was sold at an average price of $53.00, for a total value of $99,110.00. Following the completion of the transaction, the executive vice president now owns 57,205 shares in the company, valued at $3,031,865. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of Clean Harbors Inc (NYSE CLH) opened at $55.55 on Friday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.86 and a current ratio of 2.19. The firm has a market capitalization of $3,150.13, a P/E ratio of 793.68 and a beta of 1.02. Clean Harbors Inc has a 1-year low of $49.63 and a 1-year high of $61.62.
CLH has been the topic of several research reports. Oppenheimer lowered their price target on Clean Harbors from $67.00 to $62.00 and set an “outperform” rating on the stock in a research note on Thursday, November 2nd. Canaccord Genuity restated a “hold” rating and set a $57.00 price target on shares of Clean Harbors in a research note on Wednesday, November 1st. Raymond James Financial upgraded Clean Harbors from an “underperform” rating to a “market perform” rating in a research note on Thursday, November 2nd. Needham & Company LLC restated a “buy” rating and set a $66.00 price target on shares of Clean Harbors in a research note on Friday, November 3rd. Finally, Zacks Investment Research upgraded Clean Harbors from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 2nd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company’s stock. Clean Harbors currently has a consensus rating of “Hold” and an average price target of $61.00.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Daiwa SB Investments Ltd. boosted its holdings in Clean Harbors by 112.4% during the fourth quarter. Daiwa SB Investments Ltd. now owns 16,576 shares of the business services provider’s stock valued at $898,000 after purchasing an additional 8,771 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in Clean Harbors during the third quarter valued at approximately $1,139,000. Neuberger Berman Group LLC boosted its holdings in Clean Harbors by 9.1% during the third quarter. Neuberger Berman Group LLC now owns 645,085 shares of the business services provider’s stock valued at $36,576,000 after purchasing an additional 53,950 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in Clean Harbors during the third quarter valued at approximately $231,000. Finally, Zions Bancorporation acquired a new stake in Clean Harbors during the third quarter valued at approximately $189,000. 92.54% of the stock is currently owned by institutional investors.
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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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