GSA Capital Partners LLP Invests $1.14 Million in Clean Harbors Inc (CLH) Stock

GSA Capital Partners LLP acquired a new position in Clean Harbors Inc (NYSE:CLH) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 20,084 shares of the business services provider’s stock, valued at approximately $1,139,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in CLH. Teacher Retirement System of Texas boosted its stake in Clean Harbors by 1.4% in the 2nd quarter. Teacher Retirement System of Texas now owns 4,355 shares of the business services provider’s stock worth $243,000 after purchasing an additional 60 shares during the period. Northwestern Mutual Investment Management Company LLC boosted its stake in Clean Harbors by 0.7% in the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 9,043 shares of the business services provider’s stock worth $471,000 after purchasing an additional 61 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Clean Harbors by 9.9% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,081 shares of the business services provider’s stock worth $116,000 after purchasing an additional 188 shares during the period. State Board of Administration of Florida Retirement System boosted its stake in Clean Harbors by 0.3% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 77,288 shares of the business services provider’s stock worth $4,315,000 after purchasing an additional 194 shares during the period. Finally, Arizona State Retirement System boosted its stake in Clean Harbors by 0.9% in the 2nd quarter. Arizona State Retirement System now owns 21,900 shares of the business services provider’s stock worth $1,223,000 after purchasing an additional 200 shares during the period. 92.54% of the stock is owned by institutional investors.

Several research analysts have commented on the company. KeyCorp restated a “hold” rating on shares of Clean Harbors in a research note on Wednesday, November 1st. BMO Capital Markets dropped their price target on Clean Harbors from $65.00 to $59.00 and set an “outperform” rating for the company in a research report on Thursday, November 2nd. UBS upgraded Clean Harbors from an “underperform” rating to a “market perform” rating in a research report on Thursday, November 2nd. Zacks Investment Research downgraded Clean Harbors from a “hold” rating to a “sell” rating in a research report on Wednesday, October 25th. Finally, ValuEngine upgraded Clean Harbors from a “sell” rating to a “hold” rating in a research report on Thursday, August 31st. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company’s stock. Clean Harbors has a consensus rating of “Hold” and an average price target of $61.00.

In related news, EVP Brian P. Weber sold 490 shares of the business’s stock in a transaction that occurred on Friday, September 29th. The stock was sold at an average price of $56.18, for a total value of $27,528.20. Following the completion of the sale, the executive vice president now owns 59,413 shares in the company, valued at approximately $3,337,822.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Eric J. Dugas sold 1,139 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $53.26, for a total value of $60,663.14. Following the completion of the sale, the senior vice president now owns 13,777 shares of the company’s stock, valued at approximately $733,763.02. The disclosure for this sale can be found here. In the last quarter, insiders have sold 3,051 shares of company stock valued at $164,531. Corporate insiders own 8.90% of the company’s stock.

Shares of Clean Harbors Inc (NYSE:CLH) opened at $53.80 on Friday. The stock has a market capitalization of $3,076.69, a PE ratio of 768.68 and a beta of 1.03. The company has a current ratio of 2.19, a quick ratio of 1.86 and a debt-to-equity ratio of 1.44. Clean Harbors Inc has a 12-month low of $49.63 and a 12-month high of $61.62.

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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.

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

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