Fort Washington Investment Advisors Inc. OH Has $20.44 Million Stock Holdings in Clean Harbors, Inc. $CLH

Fort Washington Investment Advisors Inc. OH trimmed its holdings in shares of Clean Harbors, Inc. (NYSE:CLH) by 22.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,277 shares of the business services provider’s stock after selling 20,449 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned 0.13% of Clean Harbors worth $20,437,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Elyxium Wealth LLC bought a new stake in shares of Clean Harbors in the fourth quarter worth $26,000. Quattro Advisors LLC acquired a new position in Clean Harbors during the 4th quarter worth about $26,000. Parkside Financial Bank & Trust grew its position in shares of Clean Harbors by 205.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 119 shares of the business services provider’s stock valued at $28,000 after buying an additional 80 shares during the last quarter. MidFirst Bank acquired a new stake in shares of Clean Harbors in the fourth quarter valued at about $28,000. Finally, Larson Financial Group LLC increased its stake in shares of Clean Harbors by 676.5% in the fourth quarter. Larson Financial Group LLC now owns 132 shares of the business services provider’s stock valued at $31,000 after buying an additional 115 shares during the period. 90.43% of the stock is currently owned by institutional investors and hedge funds.

Clean Harbors Stock Up 0.0%

CLH stock opened at $301.68 on Monday. The stock’s 50 day simple moving average is $293.57 and its 200 day simple moving average is $277.92. The company has a market cap of $15.94 billion, a P/E ratio of 40.88 and a beta of 0.87. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.99 and a current ratio of 2.34. Clean Harbors, Inc. has a fifty-two week low of $201.34 and a fifty-two week high of $316.98.

Clean Harbors (NYSE:CLH) last announced its quarterly earnings data on Wednesday, May 6th. The business services provider reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $0.04. The firm had revenue of $1.46 billion during the quarter, compared to analysts’ expectations of $1.47 billion. Clean Harbors had a return on equity of 14.37% and a net margin of 6.53%.The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.09 earnings per share. On average, research analysts expect that Clean Harbors, Inc. will post 8.5 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Lauren States sold 789 shares of Clean Harbors stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $286.19, for a total value of $225,803.91. Following the completion of the sale, the director owned 11,359 shares of the company’s stock, valued at approximately $3,250,832.21. This trade represents a 6.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 5.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have weighed in on CLH. Weiss Ratings downgraded shares of Clean Harbors from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, April 9th. Wall Street Zen lowered shares of Clean Harbors from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Robert W. Baird increased their price objective on shares of Clean Harbors from $300.00 to $350.00 and gave the stock an “outperform” rating in a research report on Thursday, April 16th. TD Cowen lifted their target price on shares of Clean Harbors from $320.00 to $335.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Finally, Stifel Nicolaus initiated coverage on shares of Clean Harbors in a report on Friday, May 29th. They issued a “buy” rating and a $337.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $323.23.

Clean Harbors Company Profile

Clean Harbors, Inc is a leading provider of environmental, energy and industrial services in North America. The company specializes in the collection, transportation and disposal of hazardous and non-hazardous wastes, emergency spill response and remediation, industrial cleaning and on-site field services. Its comprehensive service offering also includes chemical neutralization, drum crushing, high-pressure water blasting, tank cleaning and vacuum services designed to help customers meet stringent environmental regulations.

Founded in 1980 by Alan S.