Clean Harbors Inc (CLH) Stake Lifted by Mesirow Financial Investment Management Equity Management

Mesirow Financial Investment Management Equity Management lifted its holdings in Clean Harbors Inc (NYSE:CLH) by 69.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 196,985 shares of the business services provider’s stock after purchasing an additional 80,800 shares during the quarter. Mesirow Financial Investment Management Equity Management’s holdings in Clean Harbors were worth $9,721,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in CLH. Quantamental Technologies LLC acquired a new stake in shares of Clean Harbors in the fourth quarter valued at $34,000. Belpointe Asset Management LLC acquired a new stake in shares of Clean Harbors in the third quarter valued at $128,000. Brown Brothers Harriman & Co. acquired a new stake in shares of Clean Harbors in the third quarter valued at $143,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Clean Harbors by 11.1% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,773 shares of the business services provider’s stock valued at $186,000 after buying an additional 376 shares during the period. Finally, Ibex Investors LLC acquired a new stake in shares of Clean Harbors in the third quarter valued at $211,000. 94.92% of the stock is owned by institutional investors.

Shares of NYSE CLH opened at $57.82 on Monday. The firm has a market cap of $3.23 billion, a PE ratio of 175.21 and a beta of 1.37. Clean Harbors Inc has a 12 month low of $44.74 and a 12 month high of $72.50. The company has a debt-to-equity ratio of 1.35, a current ratio of 2.04 and a quick ratio of 1.70.

Several analysts have recently weighed in on the company. UBS Group set a $56.00 price objective on Clean Harbors and gave the company a “sell” rating 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. Zacks Investment Research downgraded Clean Harbors from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 2nd. Oppenheimer reaffirmed a “hold” rating on shares of Clean Harbors in a report on Wednesday, October 31st. Finally, BMO Capital Markets reduced their target price on Clean Harbors from $78.00 to $76.00 and set an “outperform” rating for the company in a report on Thursday, November 1st. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $66.75.

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About Clean Harbors

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

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