Nvwm LLC Lowers Stake in Clean Harbors, Inc. (NYSE:CLH)

Nvwm LLC lessened its holdings in Clean Harbors, Inc. (NYSE:CLH) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,620 shares of the business services provider’s stock after selling 78 shares during the period. Nvwm LLC’s holdings in Clean Harbors were worth $1,293,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of CLH. UMB Bank n.a. lifted its position in shares of Clean Harbors by 63.4% during the 3rd quarter. UMB Bank n.a. now owns 214 shares of the business services provider’s stock valued at $52,000 after buying an additional 83 shares in the last quarter. Prospera Private Wealth LLC purchased a new position in Clean Harbors during the third quarter valued at $56,000. CENTRAL TRUST Co increased its stake in shares of Clean Harbors by 161.6% during the third quarter. CENTRAL TRUST Co now owns 259 shares of the business services provider’s stock worth $63,000 after purchasing an additional 160 shares in the last quarter. Spire Wealth Management raised its position in shares of Clean Harbors by 396.7% during the 4th quarter. Spire Wealth Management now owns 298 shares of the business services provider’s stock worth $69,000 after purchasing an additional 238 shares during the last quarter. Finally, TD Private Client Wealth LLC raised its position in shares of Clean Harbors by 42.6% during the 3rd quarter. TD Private Client Wealth LLC now owns 291 shares of the business services provider’s stock worth $70,000 after purchasing an additional 87 shares during the last quarter. Institutional investors and hedge funds own 90.43% of the company’s stock.

Insider Buying and Selling

In other news, EVP Brian P. Weber sold 861 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $261.31, for a total transaction of $224,987.91. Following the sale, the executive vice president now owns 59,346 shares of the company’s stock, valued at approximately $15,507,703.26. This represents a 1.43 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Lauren States sold 308 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $249.78, for a total transaction of $76,932.24. Following the completion of the sale, the director now directly owns 12,842 shares in the company, valued at approximately $3,207,674.76. This trade represents a 2.34 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,836 shares of company stock valued at $1,966,314. Corporate insiders own 5.90% of the company’s stock.

Clean Harbors Stock Up 0.7 %

Shares of NYSE CLH opened at $235.74 on Wednesday. The company has a quick ratio of 1.76, a current ratio of 2.10 and a debt-to-equity ratio of 1.10. The business’s 50 day moving average is $238.93 and its two-hundred day moving average is $242.31. Clean Harbors, Inc. has a 52-week low of $169.62 and a 52-week high of $267.11. The firm has a market cap of $12.71 billion, a price-to-earnings ratio of 30.70 and a beta of 1.24.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on CLH shares. Stifel Nicolaus increased their target price on Clean Harbors from $270.00 to $290.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Robert W. Baird lowered their target price on shares of Clean Harbors from $300.00 to $285.00 and set an “outperform” rating on the stock in a research note on Thursday, October 31st. Needham & Company LLC restated a “buy” rating and set a $268.00 price target on shares of Clean Harbors in a research report on Thursday, January 16th. Truist Financial increased their price objective on shares of Clean Harbors from $260.00 to $280.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Finally, StockNews.com lowered Clean Harbors from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 31st. One analyst has rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Clean Harbors presently has an average rating of “Buy” and a consensus price target of $269.44.

About Clean Harbors

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.