GSA Capital Partners LLP trimmed its position in Clean Harbors Inc (NYSE:CLH) by 60.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,014 shares of the business services provider’s stock after selling 20,270 shares during the period. GSA Capital Partners LLP’s holdings in Clean Harbors were worth $723,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brown Advisory Inc. acquired a new position in shares of Clean Harbors in the 1st quarter valued at $225,000. Canada Pension Plan Investment Board grew its position in Clean Harbors by 41.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 193,200 shares of the business services provider’s stock worth $10,732,000 after purchasing an additional 56,200 shares during the period. Koch Industries Inc. grew its position in Clean Harbors by 108.8% during the 1st quarter. Koch Industries Inc. now owns 11,488 shares of the business services provider’s stock worth $561,000 after purchasing an additional 5,987 shares during the period. Bank of Montreal Can grew its position in Clean Harbors by 13.1% during the 2nd quarter. Bank of Montreal Can now owns 54,791 shares of the business services provider’s stock worth $3,043,000 after purchasing an additional 6,329 shares during the period. Finally, Mutual of America Capital Management LLC grew its position in Clean Harbors by 4.2% during the 2nd quarter. Mutual of America Capital Management LLC now owns 43,935 shares of the business services provider’s stock worth $2,441,000 after purchasing an additional 1,759 shares during the period. 94.16% of the stock is currently owned by hedge funds and other institutional investors.

In other news, insider Eric A. Kraus sold 1,100 shares of the firm’s stock in a transaction dated Thursday, September 6th. The stock was sold at an average price of $69.65, for a total transaction of $76,615.00. Following the sale, the insider now directly owns 33,108 shares in the company, valued at approximately $2,305,972.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Grace Cowan sold 424 shares of the firm’s stock in a transaction dated Thursday, September 6th. The shares were sold at an average price of $70.62, for a total value of $29,942.88. Following the sale, the executive vice president now owns 22,914 shares in the company, valued at $1,618,186.68. The disclosure for this sale can be found here. Insiders have sold a total of 27,513 shares of company stock worth $1,742,663 over the last 90 days. Insiders own 8.70% of the company’s stock.

Shares of CLH opened at $70.04 on Thursday. The stock has a market cap of $3.99 billion, a price-to-earnings ratio of 111.23 and a beta of 1.07. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.73 and a current ratio of 2.09. Clean Harbors Inc has a fifty-two week low of $44.74 and a fifty-two week high of $72.50.

Clean Harbors (NYSE:CLH) last announced its quarterly earnings results on Wednesday, August 1st. The business services provider reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.19. Clean Harbors had a return on equity of 3.17% and a net margin of 3.69%. The company had revenue of $849.14 million for the quarter, compared to the consensus estimate of $838.85 million. During the same period last year, the firm earned $0.24 EPS. The firm’s revenue for the quarter was up 12.8% compared to the same quarter last year. analysts expect that Clean Harbors Inc will post 0.98 EPS for the current year.

Several equities research analysts have weighed in on CLH shares. Stifel Nicolaus increased their price target on Clean Harbors from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, August 2nd. ValuEngine raised Clean Harbors from a “hold” rating to a “buy” rating in a research report on Thursday, August 2nd. BMO Capital Markets reaffirmed a “buy” rating and set a $65.00 price target on shares of Clean Harbors in a research report on Thursday, July 12th. Needham & Company LLC increased their price target on Clean Harbors from $63.00 to $74.00 and gave the stock a “buy” rating in a research report on Thursday, August 2nd. Finally, Robert W. Baird reaffirmed a “buy” rating and set a $69.00 price target on shares of Clean Harbors in a research report on Thursday, August 2nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $63.25.

Clean Harbors Profile

Clean Harbors, Inc provides environmental, energy, and industrial services in North America. It operates through Technical Services; Industrial and Field Services; Safety-Kleen; and Oil, Gas and Lodging Services segments. The company's Technical Services segment provides a range of hazardous material management services, including the packaging, collection, transportation, treatment, and disposal of hazardous and non-hazardous waste at its incinerator, landfill, wastewater, and other treatment facilities.

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

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