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Anti-Clean Harbors Inc Institutional Investors Sentiment Runs Low in 2019 Q2

Clean Harbors, Inc. (NYSE:CLH) Logo

Sentiment for Clean Harbors Inc (NYSE:CLH)

Clean Harbors Inc (NYSE:CLH) institutional sentiment decreased to 0.79 in Q2 2019. Its down -0.23, from 1.02 in 2019Q1. The ratio worsened, as 95 hedge funds increased and started new positions, while 120 cut down and sold their positions in Clean Harbors Inc. The hedge funds in our partner’s database now own: 49.15 million shares, down from 49.93 million shares in 2019Q1. Also, the number of hedge funds holding Clean Harbors Inc in their top 10 positions increased from 5 to 6 for an increase of 1. Sold All: 35 Reduced: 85 Increased: 70 New Position: 25.

Clean Harbors, Inc. provides environmental, energy, and industrial services in North America and internationally. The company has market cap of $4.70 billion. The companyÂ’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 incineration, landfill, wastewater, and other treatment facilities. It has a 52.67 P/E ratio. The Company’s Industrial and Field Services segment offers industrial and specialty services, such as high-pressure and chemical cleaning, daylighting, production servicing, decoking, pigging, and material processing services to refineries, chemical plants, oil sands facilities, pulp and paper mills, and other industrial facilities.

The stock increased 1.89% or $1.56 during the last trading session, reaching $84.28. About 206,913 shares traded. Clean Harbors, Inc. (NYSE:CLH) has risen 38.97% since November 17, 2018 and is uptrending. It has outperformed by 38.97% the S&P500.

Southernsun Asset Management Llc holds 5.52% of its portfolio in Clean Harbors, Inc. for 1.01 million shares. Snyder Capital Management L P owns 1.06 million shares or 3.38% of their US portfolio. Moreover, 12Th Street Asset Management Company Llc has 2.9% invested in the company for 149,278 shares. The Oregon-based Tygh Capital Management Inc. has invested 2.59% in the stock. Arrowmark Colorado Holdings Llc, a Colorado-based fund reported 3.46 million shares.

Clean Harbors, Inc. (NYSE:CLH) Ratings Coverage

Ratings analysis reveals 100% of Clean Harbors’s analysts are positive. Out of 4 Wall Street analysts rating Clean Harbors, 4 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $8500 while the high is $9500. The stock’s average target of $90.75 is 7.68% above today’s ($84.28) share price. CLH was included in 8 notes of analysts from August 1, 2019. The firm earned “Buy” rating on Thursday, October 31 by Stifel Nicolaus. As per Thursday, October 31, the company rating was maintained by BMO Capital Markets. The rating was maintained by Robert W. Baird with “Outperform” on Thursday, August 1. The rating was maintained by Needham on Friday, August 23 with “Buy”. The firm earned “Outperform” rating on Thursday, October 31 by Robert W. Baird.

More notable recent Clean Harbors, Inc. (NYSE:CLH) news were published by: Fool.com which released: “Hurricane Dorian: What Impact Will It Have on the U.S. Economy and Stock Market? – Motley Fool” on September 11, 2019, also Fool.com with their article: “Clean Harbors (CLH) Q3 2019 Earnings Call Transcript – Motley Fool” published on October 30, 2019, Businesswire.com published: “Clean Harbors Commences Cash Tender Offer for Any and All $845000000 Aggregate Principal Amount of Its Outstanding 5.125% Senior Notes Due 2021 – Business Wire” on June 18, 2019. More interesting news about Clean Harbors, Inc. (NYSE:CLH) were released by: Seekingalpha.com and their article: “General Electric and Clean Harbors among industrial gainers; Belden among losers – Seeking Alpha” published on October 30, 2019 as well as Benzinga.com‘s news article titled: “Stocks That Hit 52-Week Highs On Thursday – Benzinga” with publication date: November 07, 2019.

Clean Harbors, Inc. (NYSE:CLH) Institutional Positions Chart

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