Clean Harbors, Inc. (NYSE:CLH) Shares Bought by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans raised its stake in Clean Harbors, Inc. (NYSE:CLH) by 409.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,164 shares of the business services provider’s stock after purchasing an additional 51,559 shares during the period. Thrivent Financial for Lutherans owned about 0.12% of Clean Harbors worth $14,511,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of CLH. Innealta Capital LLC acquired a new stake in Clean Harbors in the 2nd quarter valued at about $25,000. Rise Advisors LLC acquired a new stake in shares of Clean Harbors during the 1st quarter worth about $27,000. GAMMA Investing LLC raised its position in shares of Clean Harbors by 47.9% during the 1st quarter. GAMMA Investing LLC now owns 173 shares of the business services provider’s stock worth $35,000 after acquiring an additional 56 shares in the last quarter. Creekmur Asset Management LLC acquired a new stake in shares of Clean Harbors during the 4th quarter worth about $50,000. Finally, Brown Brothers Harriman & Co. acquired a new stake in shares of Clean Harbors during the 2nd quarter worth about $56,000. Institutional investors and hedge funds own 90.43% of the company’s stock.

Clean Harbors Trading Down 0.4 %

Shares of CLH stock opened at $248.30 on Wednesday. The business’s 50 day moving average is $237.03 and its two-hundred day moving average is $219.05. Clean Harbors, Inc. has a twelve month low of $132.92 and a twelve month high of $251.65. The company has a market capitalization of $13.39 billion, a P/E ratio of 35.93 and a beta of 1.20. The company has a current ratio of 2.10, a quick ratio of 1.76 and a debt-to-equity ratio of 1.14.

Clean Harbors (NYSE:CLH) last announced its earnings results on Wednesday, July 31st. The business services provider reported $2.46 earnings per share for the quarter, beating the consensus estimate of $2.21 by $0.25. Clean Harbors had a return on equity of 17.12% and a net margin of 6.97%. The company had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.53 billion. During the same period last year, the business posted $2.13 EPS. The company’s revenue was up 10.9% on a year-over-year basis. Equities analysts forecast that Clean Harbors, Inc. will post 7.65 EPS for the current year.

Insider Buying and Selling at Clean Harbors

In other Clean Harbors news, Director Lauren States sold 309 shares of Clean Harbors stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $244.09, for a total value of $75,423.81. Following the transaction, the director now directly owns 13,458 shares in the company, valued at approximately $3,284,963.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Michael Louis Battles sold 10,000 shares of Clean Harbors stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $245.74, for a total value of $2,457,400.00. Following the sale, the chief executive officer now directly owns 77,136 shares in the company, valued at $18,955,400.64. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Lauren States sold 309 shares of Clean Harbors stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $244.09, for a total value of $75,423.81. Following the completion of the sale, the director now owns 13,458 shares in the company, valued at $3,284,963.22. The disclosure for this sale can be found here. Company insiders own 5.90% of the company’s stock.

Analyst Upgrades and Downgrades

CLH has been the topic of several research analyst reports. The Goldman Sachs Group raised their target price on Clean Harbors from $223.00 to $256.00 and gave the stock a “neutral” rating in a research report on Thursday, August 1st. Truist Financial raised their target price on Clean Harbors from $240.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday, July 11th. StockNews.com raised Clean Harbors from a “buy” rating to a “strong-buy” rating in a research report on Monday, September 16th. Stifel Nicolaus reissued a “buy” rating and set a $275.00 target price (up previously from $240.00) on shares of Clean Harbors in a research report on Thursday, August 1st. Finally, Oppenheimer lifted their price target on Clean Harbors from $245.00 to $252.00 and gave the stock an “outperform” rating in a research report on Thursday, August 1st. One equities research analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have 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 price target of $242.40.

Clean Harbors Profile

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.