Clean Harbors, Inc. $CLH Shares Sold by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC trimmed its position in Clean Harbors, Inc. (NYSE:CLH) by 44.4% in the fourth quarter, Holdings Channel reports. The firm owned 5,876 shares of the business services provider’s stock after selling 4,690 shares during the quarter. New Age Alpha Advisors LLC’s holdings in Clean Harbors were worth $1,378,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Elyxium Wealth LLC bought a new position in Clean Harbors in the fourth quarter worth about $26,000. Root Financial Partners LLC bought a new position in Clean Harbors in the third quarter worth about $30,000. Larson Financial Group LLC lifted its holdings in Clean Harbors by 676.5% in the fourth quarter. Larson Financial Group LLC now owns 132 shares of the business services provider’s stock worth $31,000 after acquiring an additional 115 shares during the last quarter. V Square Quantitative Management LLC bought a new position in Clean Harbors in the fourth quarter worth about $34,000. Finally, True Wealth Design LLC lifted its holdings in Clean Harbors by 102.7% in the fourth quarter. True Wealth Design LLC now owns 152 shares of the business services provider’s stock worth $36,000 after acquiring an additional 77 shares during the last quarter. Institutional investors own 90.43% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Brian P. Weber sold 4,683 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $293.39, for a total transaction of $1,373,945.37. Following the transaction, the executive vice president owned 48,728 shares in the company, valued at $14,296,307.92. This trade represents a 8.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Eric W. Gerstenberg sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $293.00, for a total transaction of $293,000.00. Following the transaction, the chief executive officer owned 38,877 shares in the company, valued at $11,390,961. This represents a 2.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 7,308 shares of company stock worth $2,133,467. 5.00% of the stock is currently owned by corporate insiders.

Clean Harbors Stock Performance

CLH opened at $283.23 on Thursday. The business’s 50 day moving average is $295.68 and its 200-day moving average is $267.38. The stock has a market cap of $14.97 billion, a PE ratio of 38.38 and a beta of 0.92. The company has a current ratio of 2.34, a quick ratio of 1.99 and a debt-to-equity ratio of 0.99. Clean Harbors, Inc. has a twelve month low of $201.34 and a twelve month high of $316.98.

Clean Harbors (NYSE:CLH) last released its quarterly earnings results on Wednesday, May 6th. The business services provider reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.04. The company had revenue of $1.46 billion for 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 business’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.09 earnings per share. On average, analysts predict that Clean Harbors, Inc. will post 8.38 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Truist Financial raised their target price on shares of Clean Harbors from $310.00 to $325.00 and gave the stock a “buy” rating in a report on Monday, April 20th. Wall Street Zen cut shares of Clean Harbors from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Raymond James Financial reissued a “strong-buy” rating and issued a $320.00 target price on shares of Clean Harbors in a report on Monday, February 23rd. Wells Fargo & Company raised their target price on shares of Clean Harbors from $309.00 to $313.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Finally, Citigroup raised Clean Harbors from a “neutral” rating to a “buy” rating and lifted their price target for the company from $302.00 to $346.00 in a report on Wednesday, April 8th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $322.08.

Clean Harbors 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.