3,218 Shares in Clean Harbors, Inc. $CLH Purchased by Cloverfields Capital Group LP

Cloverfields Capital Group LP acquired a new stake in Clean Harbors, Inc. (NYSE:CLH) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 3,218 shares of the business services provider’s stock, valued at approximately $923,000.

Several other hedge funds also recently bought and sold shares of the stock. Elyxium Wealth LLC purchased a new stake in shares of Clean Harbors in the 4th quarter valued at approximately $26,000. Quattro Advisors LLC acquired a new stake in Clean Harbors in the 4th quarter valued at approximately $26,000. MidFirst Bank purchased a new stake in Clean Harbors in the fourth quarter valued at approximately $28,000. Parkside Financial Bank & Trust lifted its stake in Clean Harbors by 205.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 119 shares of the business services provider’s stock worth $28,000 after purchasing an additional 80 shares in the last quarter. Finally, Larson Financial Group LLC boosted its position in shares of Clean Harbors by 676.5% during the fourth quarter. Larson Financial Group LLC now owns 132 shares of the business services provider’s stock worth $31,000 after buying an additional 115 shares during the period. Hedge funds and other institutional investors own 90.43% of the company’s stock.

Clean Harbors Stock Performance

Shares of Clean Harbors stock opened at $306.18 on Friday. The business has a 50-day simple moving average of $293.43 and a 200-day simple moving average of $286.26. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.99 and a current ratio of 2.34. Clean Harbors, Inc. has a one year low of $201.34 and a one year high of $316.98. The company has a market cap of $16.18 billion, a PE ratio of 41.49 and a beta of 0.86.

Clean Harbors (NYSE:CLH) last issued its earnings results on Wednesday, May 6th. The business services provider reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.04. The business had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.47 billion. Clean Harbors had a return on equity of 14.37% and a net margin of 6.53%.The business’s quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter last year, the company earned $1.09 EPS. On average, equities research analysts forecast that Clean Harbors, Inc. will post 8.59 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on CLH shares. Wells Fargo & Company lifted their price objective on Clean Harbors from $309.00 to $313.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Barclays raised their target price on Clean Harbors from $304.00 to $305.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. BMO Capital Markets increased their price target on shares of Clean Harbors from $340.00 to $342.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 8th. Robert W. Baird raised their price objective on shares of Clean Harbors from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, April 16th. Finally, Oppenheimer upped their target price on shares of Clean Harbors from $310.00 to $316.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Clean Harbors presently has an average rating of “Moderate Buy” and an average target price of $327.92.

Insider Activity at Clean Harbors

In other news, Director Lauren States sold 789 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $286.19, for a total value of $225,803.91. Following the completion of the sale, the director directly owned 11,359 shares of the company’s stock, valued at approximately $3,250,832.21. The trade was a 6.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 5.00% of the company’s stock.

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.