Clean Harbors Inc (NYSE:CLH) Shares Purchased by NumerixS Investment Technologies Inc

NumerixS Investment Technologies Inc raised its holdings in shares of Clean Harbors Inc (NYSE:CLH) by 89.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,000 shares of the business services provider’s stock after acquiring an additional 3,300 shares during the quarter. NumerixS Investment Technologies Inc’s holdings in Clean Harbors were worth $496,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of CLH. Macquarie Group Ltd. bought a new position in Clean Harbors during the 4th quarter valued at about $30,000. Quantamental Technologies LLC bought a new position in Clean Harbors during the 4th quarter valued at about $34,000. Enlightenment Research LLC bought a new position in Clean Harbors during the 4th quarter valued at about $35,000. O Shaughnessy Asset Management LLC grew its holdings in Clean Harbors by 148.7% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 761 shares of the business services provider’s stock valued at $54,000 after purchasing an additional 455 shares during the last quarter. Finally, Quadrant Capital Group LLC bought a new position in Clean Harbors during the 1st quarter valued at about $56,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Several equities analysts recently commented on CLH shares. UBS Group upped their target price on shares of Clean Harbors from $70.00 to $73.00 and gave the stock a “neutral” rating in a research note on Thursday, April 4th. TheStreet downgraded shares of Clean Harbors from a “b-” rating to a “c+” rating in a research note on Tuesday, May 7th. Finally, BMO Capital Markets upped their target price on shares of Clean Harbors from $60.00 to $75.00 and gave the stock an “outperform” rating in a research note on Thursday, February 28th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $75.40.

In other Clean Harbors news, CFO Michael Louis Battles sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $71.85, for a total transaction of $287,400.00. Following the transaction, the chief financial officer now owns 40,972 shares in the company, valued at approximately $2,943,838.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Rod Marlin sold 4,267 shares of the stock in a transaction on Wednesday, June 26th. The stock was sold at an average price of $68.58, for a total transaction of $292,630.86. Following the completion of the sale, the director now owns 37,062 shares in the company, valued at approximately $2,541,711.96. The disclosure for this sale can be found here. Insiders have sold 63,267 shares of company stock valued at $4,196,255 in the last three months. 8.10% of the stock is currently owned by corporate insiders.

Shares of CLH traded up $1.11 during mid-day trading on Friday, hitting $71.10. The company’s stock had a trading volume of 498,445 shares, compared to its average volume of 427,231. The company has a 50-day moving average price of $67.38. Clean Harbors Inc has a 52-week low of $46.21 and a 52-week high of $77.24. The company has a market cap of $3.85 billion, a price-to-earnings ratio of 56.43 and a beta of 1.61. The company has a quick ratio of 1.59, a current ratio of 1.92 and a debt-to-equity ratio of 1.33.

Clean Harbors (NYSE:CLH) last posted its earnings results on Wednesday, May 1st. The business services provider reported $0.09 EPS for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.07. Clean Harbors had a net margin of 2.38% and a return on equity of 7.01%. The company had revenue of $780.80 million during the quarter, compared to analysts’ expectations of $792.78 million. During the same quarter in the prior year, the company posted ($0.12) earnings per share. Clean Harbors’s revenue for the quarter was up 4.1% compared to the same quarter last year. Research analysts expect that Clean Harbors Inc will post 1.82 EPS for the current year.

Clean Harbors Company Profile

Clean Harbors, Inc provides environmental, energy, and industrial services in North America. The company operates through two segments, Environmental Services and Safety-Kleen. The Environmental Services segment collects, transports, treats, and disposes hazardous and non-hazardous waste that include resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and CleanPack, a service to collect, identify, categorize, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous wastes.

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Institutional Ownership by Quarter for Clean Harbors (NYSE:CLH)

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