Clean Harbors, Inc. $CLH Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP reduced its position in Clean Harbors, Inc. (NYSE:CLH) by 1.8% in the 1st quarter, Holdings Channel reports. The fund owned 608,709 shares of the business services provider’s stock after selling 10,903 shares during the period. Dimensional Fund Advisors LP’s holdings in Clean Harbors were worth $174,516,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Integrated Wealth Concepts LLC boosted its holdings in shares of Clean Harbors by 102.9% during the first quarter. Integrated Wealth Concepts LLC now owns 2,187 shares of the business services provider’s stock worth $431,000 after purchasing an additional 1,109 shares during the last quarter. Jones Financial Companies Lllp increased its stake in Clean Harbors by 47.7% in the first quarter. Jones Financial Companies Lllp now owns 607 shares of the business services provider’s stock valued at $120,000 after purchasing an additional 196 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Clean Harbors by 12.1% during the first quarter. Goldman Sachs Group Inc. now owns 54,577 shares of the business services provider’s stock worth $10,757,000 after buying an additional 5,884 shares during the period. Russell Investments Group Ltd. lifted its position in Clean Harbors by 65.1% during the second quarter. Russell Investments Group Ltd. now owns 4,837 shares of the business services provider’s stock worth $1,118,000 after buying an additional 1,908 shares during the period. Finally, Baird Financial Group Inc. boosted its stake in Clean Harbors by 1.4% in the 2nd quarter. Baird Financial Group Inc. now owns 4,418 shares of the business services provider’s stock worth $1,021,000 after buying an additional 60 shares during the last quarter. 90.43% of the stock is currently owned by institutional investors and hedge funds.

Clean Harbors Price Performance

CLH stock opened at $304.14 on Friday. The company has a market cap of $16.07 billion, a PE ratio of 41.21 and a beta of 0.86. The company has a current ratio of 2.34, a quick ratio of 1.99 and a debt-to-equity ratio of 0.99. The stock has a 50-day moving average price of $293.45 and a two-hundred day moving average price of $286.39. Clean Harbors, Inc. has a 12-month low of $201.34 and a 12-month high of $316.98.

Clean Harbors (NYSE:CLH) last released its quarterly earnings data on Wednesday, May 6th. The business services provider reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.15 by $0.04. Clean Harbors had a return on equity of 14.37% and a net margin of 6.53%.The company had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same period last year, the business posted $1.09 EPS. The company’s quarterly revenue was up 1.9% compared to the same quarter last year. As a group, research analysts predict that Clean Harbors, Inc. will post 8.59 EPS for the current year.

Insiders Place Their Bets

In other Clean Harbors news, Director Lauren States sold 789 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $286.19, for a total transaction of $225,803.91. Following the completion of the sale, the director directly owned 11,359 shares in the company, valued at $3,250,832.21. The trade was a 6.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 5.00% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Oppenheimer lifted their price target on Clean Harbors from $310.00 to $316.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Barclays increased their price objective on shares of Clean Harbors from $304.00 to $305.00 and gave the stock an “equal weight” rating in a report on Thursday, July 9th. Wall Street Zen cut shares of Clean Harbors from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. The Goldman Sachs Group boosted their target price on shares of Clean Harbors from $268.00 to $306.00 and gave the company a “neutral” rating in a report on Wednesday, April 8th. Finally, Truist Financial upped their price target on shares of Clean Harbors from $325.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $327.92.

About Clean Harbors

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.