Schroder Investment Management Group Has $9.72 Million Position in Clean Harbors, Inc. (NYSE:CLH)

Schroder Investment Management Group increased its position in shares of Clean Harbors, Inc. (NYSE:CLH) by 11.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,216 shares of the business services provider’s stock after acquiring an additional 4,227 shares during the period. Schroder Investment Management Group owned about 0.08% of Clean Harbors worth $9,716,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in CLH. Traynor Capital Management Inc. lifted its stake in Clean Harbors by 3.6% during the fourth quarter. Traynor Capital Management Inc. now owns 1,450 shares of the business services provider’s stock worth $334,000 after purchasing an additional 50 shares during the last quarter. Williamson Legacy Group LLC boosted its stake in Clean Harbors by 1.4% in the fourth quarter. Williamson Legacy Group LLC now owns 3,727 shares of the business services provider’s stock valued at $858,000 after buying an additional 53 shares in the last quarter. GAMMA Investing LLC grew its position in Clean Harbors by 10.1% in the fourth quarter. GAMMA Investing LLC now owns 619 shares of the business services provider’s stock valued at $142,000 after acquiring an additional 57 shares during the last quarter. Versant Capital Management Inc raised its stake in Clean Harbors by 17.8% during the fourth quarter. Versant Capital Management Inc now owns 384 shares of the business services provider’s stock worth $88,000 after acquiring an additional 58 shares in the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of Clean Harbors by 15.7% in the fourth quarter. Blue Trust Inc. now owns 441 shares of the business services provider’s stock worth $107,000 after acquiring an additional 60 shares during the last quarter. 90.43% of the stock is owned by institutional investors.

Insider Transactions at Clean Harbors

In other Clean Harbors news, insider Robert Speights sold 2,725 shares of Clean Harbors stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $190.44, for a total value of $518,949.00. Following the completion of the sale, the insider now directly owns 40,008 shares in the company, valued at approximately $7,619,123.52. The trade was a 6.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Lauren States sold 308 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $228.79, for a total value of $70,467.32. Following the transaction, the director now owns 11,918 shares in the company, valued at $2,726,719.22. The trade was a 2.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,341 shares of company stock valued at $663,041. Corporate insiders own 5.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on CLH shares. Needham & Company LLC reiterated a “buy” rating and set a $268.00 price objective on shares of Clean Harbors in a research report on Thursday, February 20th. Oppenheimer dropped their price target on Clean Harbors from $256.00 to $254.00 and set an “outperform” rating for the company in a research note on Thursday, February 20th. BMO Capital Markets reduced their price objective on Clean Harbors from $284.00 to $270.00 and set an “outperform” rating on the stock in a research report on Thursday, February 20th. StockNews.com downgraded Clean Harbors from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, Robert W. Baird reduced their price target on Clean Harbors from $285.00 to $272.00 and set an “outperform” rating on the stock in a report on Thursday, February 20th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Clean Harbors currently has a consensus rating of “Moderate Buy” and an average target price of $266.56.

Clean Harbors Stock Performance

NYSE:CLH opened at $190.21 on Friday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.76 and a current ratio of 2.21. Clean Harbors, Inc. has a fifty-two week low of $184.52 and a fifty-two week high of $267.11. The company has a 50 day simple moving average of $212.46 and a two-hundred day simple moving average of $233.93. The company has a market capitalization of $10.24 billion, a PE ratio of 25.63 and a beta of 1.11.

Clean Harbors (NYSE:CLH) last announced its earnings results on Wednesday, February 19th. The business services provider reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.19. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.43 billion. Clean Harbors had a net margin of 6.83% and a return on equity of 16.33%. Clean Harbors’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.82 earnings per share. Research analysts anticipate that Clean Harbors, Inc. will post 7.89 earnings per share 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.