Hantz Financial Services Inc. Grows Stock Holdings in Clean Harbors, Inc. (NYSE:CLH)

Hantz Financial Services Inc. grew its position in Clean Harbors, Inc. (NYSE:CLH) by 1.4% during the third quarter, Holdings Channel reports. The institutional investor owned 2,803 shares of the business services provider’s stock after acquiring an additional 39 shares during the quarter. Hantz Financial Services Inc.’s holdings in Clean Harbors were worth $678,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Clearbridge Investments LLC lifted its position in Clean Harbors by 30.6% during the second quarter. Clearbridge Investments LLC now owns 1,058,415 shares of the business services provider’s stock valued at $239,361,000 after acquiring an additional 248,240 shares during the last quarter. Lazard Freres Gestion S.A.S. purchased a new stake in shares of Clean Harbors during the 2nd quarter valued at $42,968,000. FMR LLC boosted its position in shares of Clean Harbors by 12.0% in the 3rd quarter. FMR LLC now owns 1,747,215 shares of the business services provider’s stock worth $422,319,000 after purchasing an additional 187,140 shares in the last quarter. Marshall Wace LLP grew its stake in Clean Harbors by 20.3% during the 2nd quarter. Marshall Wace LLP now owns 537,274 shares of the business services provider’s stock worth $121,505,000 after buying an additional 90,756 shares during the last quarter. Finally, Handelsbanken Fonder AB increased its position in Clean Harbors by 12.6% during the 3rd quarter. Handelsbanken Fonder AB now owns 570,826 shares of the business services provider’s stock valued at $137,974,000 after buying an additional 63,800 shares in the last quarter. Hedge funds and other institutional investors own 90.43% of the company’s stock.

Insider Buying and Selling at Clean Harbors

In other Clean Harbors news, insider Robert Speights sold 610 shares of the stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $240.14, for a total transaction of $146,485.40. Following the transaction, the insider now directly owns 39,160 shares of the company’s stock, valued at $9,403,882.40. This trade represents a 1.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Lauren States sold 308 shares of the business’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $260.74, for a total transaction of $80,307.92. Following the sale, the director now directly owns 13,150 shares of the company’s stock, valued at $3,428,731. This represents a 2.29 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 18,447 shares of company stock valued at $4,576,829. Company insiders own 5.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on CLH shares. Truist Financial boosted their price target on Clean Harbors from $260.00 to $280.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. StockNews.com downgraded Clean Harbors from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 31st. Robert W. Baird dropped their price target on Clean Harbors from $300.00 to $285.00 and set an “outperform” rating on the stock in a research note on Thursday, October 31st. Oppenheimer raised their price objective on Clean Harbors from $252.00 to $270.00 and gave the stock an “outperform” rating in a research note on Monday, October 21st. Finally, Needham & Company LLC dropped their target price on Clean Harbors from $274.00 to $268.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Clean Harbors has an average rating of “Buy” and a consensus price target of $254.33.

Clean Harbors Trading Up 0.9 %

Shares of NYSE:CLH opened at $260.09 on Monday. The company has a current ratio of 2.10, a quick ratio of 1.76 and a debt-to-equity ratio of 1.10. Clean Harbors, Inc. has a 12-month low of $158.42 and a 12-month high of $267.11. The business has a 50 day moving average of $251.34 and a two-hundred day moving average of $236.74. The company has a market capitalization of $14.02 billion, a PE ratio of 33.87 and a beta of 1.20.

Clean Harbors (NYSE:CLH) last posted its earnings results on Wednesday, October 30th. The business services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.15 by ($0.03). Clean Harbors had a net margin of 7.19% and a return on equity of 17.51%. The firm had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the prior year, the firm earned $1.68 earnings per share. The business’s revenue for the quarter was up 12.0% on a year-over-year basis. As a group, analysts forecast that Clean Harbors, Inc. will post 7.21 EPS for the current year.

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.