Mesirow Financial Investment Management Equity Management grew its position in Clean Harbors Inc (NYSE:CLH) by 69.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 196,985 shares of the business services provider’s stock after buying an additional 80,800 shares during the period. Mesirow Financial Investment Management Equity Management owned 0.35% of Clean Harbors worth $9,721,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its position in Clean Harbors by 5.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 653,225 shares of the business services provider’s stock worth $36,287,000 after purchasing an additional 35,421 shares in the last quarter. Northern Trust Corp lifted its position in Clean Harbors by 10.8% during the 2nd quarter. Northern Trust Corp now owns 454,806 shares of the business services provider’s stock worth $25,265,000 after acquiring an additional 44,173 shares in the last quarter. Atria Investments LLC raised its position in shares of Clean Harbors by 29.9% in the 3rd quarter. Atria Investments LLC now owns 14,546 shares of the business services provider’s stock valued at $1,041,000 after purchasing an additional 3,351 shares in the last quarter. State of Alaska Department of Revenue raised its position in shares of Clean Harbors by 183.7% in the 3rd quarter. State of Alaska Department of Revenue now owns 5,361 shares of the business services provider’s stock valued at $383,000 after purchasing an additional 3,471 shares in the last quarter. Finally, Seven Eight Capital LP raised its position in shares of Clean Harbors by 242.5% in the 3rd quarter. Seven Eight Capital LP now owns 13,700 shares of the business services provider’s stock valued at $981,000 after purchasing an additional 9,700 shares in the last quarter. 94.92% of the stock is owned by institutional investors.
Shares of NYSE CLH opened at $57.82 on Monday. Clean Harbors Inc has a twelve month low of $44.74 and a twelve month high of $72.50. The company has a quick ratio of 1.70, a current ratio of 2.04 and a debt-to-equity ratio of 1.35. The company has a market capitalization of $3.23 billion, a PE ratio of 175.21 and a beta of 1.37.
CLH has been the topic of a number of recent analyst reports. Oppenheimer reaffirmed a “hold” rating on shares of Clean Harbors in a research report on Wednesday, October 31st. UBS Group set a $56.00 target price on Clean Harbors and gave the company a “sell” rating in a research report on Thursday, November 1st. BMO Capital Markets lowered their price target on Clean Harbors from $78.00 to $76.00 and set an “outperform” rating for the company in a report on Thursday, November 1st. TheStreet downgraded Clean Harbors from a “b-” rating to a “c+” rating in a report on Thursday, December 27th. Finally, Zacks Investment Research downgraded Clean Harbors from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 2nd. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $66.75.
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Clean Harbors Company 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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