Clean Harbors Inc (CLH) : Snyder Capital Management L P reduced its stake in Clean Harbors Inc by 0.24% during the most recent quarter end. The investment management company now holds a total of 1,106,875 shares of Clean Harbors Inc which is valued at $54,026,569 after selling 2,626 shares in Clean Harbors Inc , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Clean Harbors Inc makes up approximately 3.37% of Snyder Capital Management L P’s portfolio.
Other Hedge Funds, Including , Hightower Advisors sold out all of its stake in CLH during the most recent quarter. The investment firm sold 9,267 shares of CLH which is valued $452,322.New York State Common Retirement Fund reduced its stake in CLH by selling 15,758 shares or 8.52% in the most recent quarter. The Hedge Fund company now holds 169,291 shares of CLH which is valued at $8,263,094. Clean Harbors Inc makes up approx 0.01% of New York State Common Retirement Fund’s portfolio.First Trust Advisors Lp boosted its stake in CLH in the latest quarter, The investment management firm added 7,631 additional shares and now holds a total of 71,610 shares of Clean Harbors Inc which is valued at $3,614,157. Clean Harbors Inc makes up approx 0.01% of First Trust Advisors Lp’s portfolio. Gsa Capital Partners Llp added CLH to its portfolio by purchasing 5,600 company shares during the most recent quarter which is valued at $282,632. Clean Harbors Inc makes up approx 0.01% of Gsa Capital Partners Llp’s portfolio.Oregon Public Employees Retirement Fund boosted its stake in CLH in the latest quarter, The investment management firm added 425 additional shares and now holds a total of 17,774 shares of Clean Harbors Inc which is valued at $912,162. Clean Harbors Inc makes up approx 0.02% of Oregon Public Employees Retirement Fund’s portfolio.
Clean Harbors Inc opened for trading at $48.98 and hit $49.11 on the upside on Tuesday, eventually ending the session at $48.82, with a gain of 0.10% or 0.05 points. The heightened volatility saw the trading volume jump to 2,32,967 shares. Company has a market cap of $2,807 M.
On the company’s financial health, Clean Harbors Inc reported $0.15 EPS for the quarter, missing the analyst consensus estimate by $ -0.08 based on the information available during the earnings call on Aug 3, 2016. Analyst had a consensus of $0.23. The company had revenue of $697.50 million for the quarter, compared to analysts expectations of $729.59 million. The company’s revenue was down -25.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.72 EPS.
Many Wall Street Analysts have commented on Clean Harbors Inc. Company shares were Reiterated by Imperial Capital on Aug 4, 2016 to “Outperform”, Firm has raised the Price Target to $ 57 from a previous price target of $55 .Company shares were Reiterated by Needham on Jun 22, 2016 to “Buy”, Firm has raised the Price Target to $ 59 from a previous price target of $51 .Barclays Initiated Clean Harbors Inc on May 18, 2016 to “Overweight”, Price Target of the shares are set at $58.
Clean Harbors Inc. is a provider of environmental energy and industrial services throughout North America. The Company operates in six segments: Technical Services which provides a range of hazardous material management services; Industrial and Field Services which provides industrial and specialty services such as high-pressure and chemical cleaning catalyst handling decoking; Oil Re-refining and Recycling which processes used oil into base and blended lubricating oils; SK Environmental Services which consists of Safety-Kleen’s branches and provides a range of environmental services; Lodging Services which provides lodges and remote workforce accommodation facilities and Oil and Gas Field Services which provides fluid handling fluid hauling production servicing surface rentals seismic services. The Company has a network of over 400 service locations across 48 states eight Canadian provinces Puerto Rico Mexico and Trinidad.