Clean Harbors, Inc. (NYSE:CLH) Shares Purchased by American Century Companies Inc.

American Century Companies Inc. raised its position in Clean Harbors, Inc. (NYSE:CLH) by 6.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 355,218 shares of the business services provider’s stock after acquiring an additional 21,608 shares during the quarter. American Century Companies Inc. owned 0.66% of Clean Harbors worth $81,750,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Skandinaviska Enskilda Banken AB publ grew its holdings in Clean Harbors by 2,650.0% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 165 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 159 shares in the last quarter. Allworth Financial LP boosted its position in Clean Harbors by 130.4% in the 4th quarter. Allworth Financial LP now owns 182 shares of the business services provider’s stock valued at $44,000 after buying an additional 103 shares during the last quarter. Assetmark Inc. grew its stake in shares of Clean Harbors by 10,250.0% during the fourth quarter. Assetmark Inc. now owns 207 shares of the business services provider’s stock valued at $48,000 after acquiring an additional 205 shares in the last quarter. UMB Bank n.a. increased its position in shares of Clean Harbors by 30.8% during the fourth quarter. UMB Bank n.a. now owns 280 shares of the business services provider’s stock worth $64,000 after acquiring an additional 66 shares during the last quarter. Finally, Spire Wealth Management lifted its stake in shares of Clean Harbors by 396.7% in the fourth quarter. Spire Wealth Management now owns 298 shares of the business services provider’s stock worth $69,000 after acquiring an additional 238 shares in the last quarter. Hedge funds and other institutional investors own 90.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on CLH. BMO Capital Markets lowered their price objective on Clean Harbors from $284.00 to $270.00 and set an “outperform” rating for the company in a research note on Thursday, February 20th. Robert W. Baird decreased their price target on shares of Clean Harbors from $285.00 to $272.00 and set an “outperform” rating for the company in a research report on Thursday, February 20th. Stifel Nicolaus cut their price target on shares of Clean Harbors from $290.00 to $285.00 and set a “buy” rating on the stock in a report on Thursday, February 20th. StockNews.com raised shares of Clean Harbors from a “hold” rating to a “buy” rating in a report on Wednesday, March 19th. Finally, TD Cowen began coverage on shares of Clean Harbors in a research note on Friday, December 6th. They issued a “buy” rating and a $325.00 target price on the stock. One research analyst has rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Clean Harbors currently has an average rating of “Buy” and an average target price of $266.56.

Clean Harbors Stock Up 2.0 %

NYSE:CLH opened at $200.34 on Tuesday. The company has a current ratio of 2.21, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08. The stock has a 50 day moving average of $219.97 and a 200-day moving average of $236.42. The firm has a market capitalization of $10.79 billion, a PE ratio of 27.00 and a beta of 1.22. Clean Harbors, Inc. has a 52 week low of $186.54 and a 52 week high of $267.11.

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

Insider Buying and Selling at Clean Harbors

In other news, Director Lauren States sold 308 shares of the stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $239.04, for a total value of $73,624.32. Following the completion of the transaction, the director now owns 12,226 shares of the company’s stock, valued at approximately $2,922,503.04. This represents a 2.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Robert Speights sold 2,725 shares of Clean Harbors stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $190.44, for a total transaction of $518,949.00. Following the sale, the insider now owns 40,008 shares in the company, valued at approximately $7,619,123.52. This represents a 6.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,341 shares of company stock valued at $663,041 in the last ninety days. Company insiders own 5.90% of the company’s stock.

About Clean Harbors

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.