Utah Retirement Systems Continues to Hold Holdings in Clean Harbors, Inc. (CLH)

Utah Retirement Systems maintained its stake in shares of Clean Harbors, Inc. (NYSE:CLH) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,600 shares of the business services provider’s stock at the end of the second quarter. Utah Retirement Systems’ holdings in Clean Harbors were worth $536,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in CLH. BlackRock Inc. raised its position in shares of Clean Harbors by 11,874.0% in the 1st quarter. BlackRock Inc. now owns 4,345,138 shares of the business services provider’s stock valued at $241,676,000 after purchasing an additional 4,308,850 shares during the last quarter. Wellington Management Group LLP raised its position in shares of Clean Harbors by 18.3% in the 1st quarter. Wellington Management Group LLP now owns 7,263,071 shares of the business services provider’s stock valued at $403,972,000 after purchasing an additional 1,122,646 shares during the last quarter. TimesSquare Capital Management LLC raised its position in shares of Clean Harbors by 87.0% in the 1st quarter. TimesSquare Capital Management LLC now owns 1,103,400 shares of the business services provider’s stock valued at $61,371,000 after purchasing an additional 513,500 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of Clean Harbors by 18.8% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 1,758,591 shares of the business services provider’s stock valued at $97,813,000 after purchasing an additional 278,817 shares during the last quarter. Finally, Victory Capital Management Inc. raised its position in shares of Clean Harbors by 23.8% in the 1st quarter. Victory Capital Management Inc. now owns 983,725 shares of the business services provider’s stock valued at $54,715,000 after purchasing an additional 188,798 shares during the last quarter. 94.06% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts recently commented on CLH shares. BMO Capital Markets started coverage on shares of Clean Harbors in a research report on Thursday, June 29th. They issued an “outperform” rating and a $65.00 price objective for the company. ValuEngine raised shares of Clean Harbors from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. BidaskClub lowered shares of Clean Harbors from a “hold” rating to a “sell” rating in a research report on Friday, June 23rd. Needham & Company LLC reissued a “buy” rating and set a $66.00 price target on shares of Clean Harbors in a research report on Thursday, July 13th. Finally, Canaccord Genuity reissued a “hold” rating and set a $57.00 price target on shares of Clean Harbors in a research report on Wednesday, August 9th. One analyst has rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $62.30.

In other news, SVP Eric J. Dugas sold 933 shares of the stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of $54.67, for a total value of $51,007.11. Following the completion of the sale, the senior vice president now directly owns 14,766 shares of the company’s stock, valued at $807,257.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Eric W. Gerstenberg sold 4,667 shares of the stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of $50.42, for a total value of $235,310.14. Following the completion of the sale, the chief operating officer now directly owns 91,950 shares of the company’s stock, valued at $4,636,119. The disclosure for this sale can be found here. Insiders sold 7,545 shares of company stock valued at $391,464 over the last three months. Corporate insiders own 9.50% of the company’s stock.

Clean Harbors, Inc. (NYSE:CLH) opened at 53.91 on Friday. The stock’s market capitalization is $3.08 billion. The firm’s 50-day moving average is $53.49 and its 200-day moving average is $56.04. Clean Harbors, Inc. has a 52-week low of $43.03 and a 52-week high of $61.62.

Clean Harbors (NYSE:CLH) last posted its quarterly earnings data on Wednesday, August 2nd. The business services provider reported $0.24 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by ($0.03). The firm had revenue of $752.80 million during the quarter, compared to analyst estimates of $735.63 million. Clean Harbors had a negative net margin of 0.65% and a positive return on equity of 0.79%. Clean Harbors’s revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.15 earnings per share. Analysts predict that Clean Harbors, Inc. will post $0.67 earnings per share for the current year.

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About Clean Harbors

Clean Harbors, Inc is a provider of environmental, energy and industrial services throughout North America. The Company is also a re-refiner and recycler of used oil in the world and a provider of parts cleaning and related environmental services to commercial, industrial and automotive customers in North America.

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

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