Institutional Investors Lead Shift in Clean Harbors Inc (NYSE:CLH) Sentiment

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 is negative, as 95 investment managers opened new and increased equity positions, while 120 cut down and sold equity positions in Clean Harbors Inc. The investment managers in our partner’s database now possess: 49.15 million shares, down from 49.93 million shares in 2019Q1. Also, the number of investment managers holding Clean Harbors Inc in their top 10 equity 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 Friday, August 23 by Needham. Robert W. Baird maintained Clean Harbors, Inc. (NYSE:CLH) on Thursday, October 31 with “Outperform” rating. The firm has “Buy” rating by BMO Capital Markets given on Thursday, October 31. Robert W. Baird maintained Clean Harbors, Inc. (NYSE:CLH) rating on Thursday, August 1. Robert W. Baird has “Outperform” rating and $8500 target. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, October 31.

More notable recent Clean Harbors, Inc. (NYSE:CLH) news were published by: Seekingalpha.com which released: “Clean Harbors rated Buy at Needham on hazardous waste, used-oil recycling – Seeking Alpha” on August 23, 2019, also Businesswire.com with their article: “Clean Harbors Announces $800 Million Senior Notes Offering – Business Wire” published on June 18, 2019, Seekingalpha.com published: “Clean Harbors, Inc. 2019 Q1 – Results – Earnings Call Slides – Seeking Alpha” on May 01, 2019. More interesting news about Clean Harbors, Inc. (NYSE:CLH) were released by: Fool.com and their article: “Hurricane Dorian: What Impact Will It Have on the U.S. Economy and Stock Market? – Motley Fool” published on September 11, 2019 as well as Finance.Yahoo.com‘s news article titled: “Update: Clean Harbors (NYSE:CLH) Stock Gained 51% In The Last Three Years – Yahoo Finance” with publication date: August 05, 2019.