Clean Harbors INC (CLH) Share Price Rose While Sandler Capital Management Lowered Its Holding by $9.22 Million

Clean Harbors, Inc. (NYSE:CLH) LogoInvestors sentiment decreased to 0.79 in Q2 2019. Its down 0.23, from 1.02 in 2019Q1. It dropped, as 35 investors sold CLH shares while 85 reduced holdings. 25 funds opened positions while 70 raised stakes. 49.15 million shares or 1.57% less from 49.93 million shares in 2019Q1 were reported. Manchester Cap Management Lc accumulated 0% or 132 shares. New York State Teachers Retirement invested in 52,800 shares. Fincl Bank Of Mellon owns 527,029 shares or 0.01% of their US portfolio. State Treasurer State Of Michigan reported 0.01% of its portfolio in Clean Harbors, Inc. (NYSE:CLH). Tci Wealth Inc reported 8 shares. Moreover, Campbell Inv Adviser Ltd has 0.12% invested in Clean Harbors, Inc. (NYSE:CLH) for 3,583 shares. Bnp Paribas Arbitrage Sa accumulated 287,273 shares. Retirement Of Alabama holds 66,132 shares. Bessemer Grp accumulated 2,526 shares. Renaissance Technologies Ltd Liability holds 0.1% or 1.65 million shares in its portfolio. Martingale Asset Mgmt LP holds 0.06% in Clean Harbors, Inc. (NYSE:CLH) or 79,656 shares. M&T Financial Bank Corporation holds 0.01% or 35,419 shares. Ameritas Investment Prtn accumulated 14,873 shares. Australia-based Macquarie Gp Limited has invested 0.01% in Clean Harbors, Inc. (NYSE:CLH). Cap Advisers Lc reported 3,579 shares or 0% of all its holdings.

Sandler Capital Management decreased its stake in Clean Harbors Inc (CLH) by 30.93% based on its latest 2019Q2 regulatory filing with the SEC. Sandler Capital Management sold 129,897 shares as the company’s stock rose 9.75% . The hedge fund held 290,103 shares of the basic industries company at the end of 2019Q2, valued at $20.63M, down from 420,000 at the end of the previous reported quarter. Sandler Capital Management who had been investing in Clean Harbors Inc for a number of months, seems to be less bullish one the $4.41 billion market cap company. The stock decreased 0.89% or $0.69 during the last trading session, reaching $77.01. About 164,228 shares traded. Clean Harbors, Inc. (NYSE:CLH) has risen 38.97% since September 13, 2018 and is uptrending. It has outperformed by 38.97% the S&P500.

Sandler Capital Management, which manages about $3.75 billion and $1.50B US Long portfolio, upped its stake in Mastercard Inc (NYSE:MA) by 70,963 shares to 114,963 shares, valued at $30.41 million in 2019Q2, according to the filing. It also increased its holding in Avalonbay Cmntys Inc (NYSE:AVB) by 30,245 shares in the quarter, for a total of 134,175 shares, and has risen its stake in Redfin Corp (Put).

Analysts await Clean Harbors, Inc. (NYSE:CLH) to report earnings on October, 30. They expect $0.74 EPS, up 25.42 % or $0.15 from last year’s $0.59 per share. CLH’s profit will be $42.33 million for 26.02 P/E if the $0.74 EPS becomes a reality. After $0.66 actual EPS reported by Clean Harbors, Inc. for the previous quarter, Wall Street now forecasts 12.12 % EPS growth.

More notable recent Clean Harbors, Inc. (NYSE:CLH) news were published by: Seekingalpha.com which released: “Clean Harbors, Inc. (CLH) CEO Alan McKim on Q1 2019 Results – Earnings Call Transcript – Seeking Alpha” on May 02, 2019, also Finance.Yahoo.com with their article: “Is Clean Harbors (NYSE:CLH) Using Too Much Debt? – Yahoo Finance” published on August 23, 2019, Finance.Yahoo.com published: “Have Insiders Been Selling Clean Harbors, Inc. (NYSE:CLH) Shares? – Yahoo Finance” on July 18, 2019. More interesting news about Clean Harbors, Inc. (NYSE:CLH) were released by: Businesswire.com and their article: “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” published on June 18, 2019 as well as Finance.Yahoo.com‘s news article titled: “Should You Worry About Clean Harbors, Inc.’s (NYSE:CLH) ROCE? – Yahoo Finance” with publication date: May 29, 2019.

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

Among 3 analysts covering Clean Harbors (NYSE:CLH), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Clean Harbors has $8600 highest and $73 lowest target. $81.33’s average target is 5.61% above currents $77.01 stock price. Clean Harbors had 4 analyst reports since April 4, 2019 according to SRatingsIntel. The rating was maintained by Robert W. Baird on Thursday, August 1 with “Outperform”. The company was maintained on Friday, August 23 by Needham. UBS maintained Clean Harbors, Inc. (NYSE:CLH) rating on Thursday, April 4. UBS has “Neutral” rating and $73 target.

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

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