Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) Director Robert W. Willmschen, Jr. sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of $23.22, for a total transaction of $116,100.00. Following the transaction, the director now owns 47,920 shares in the company, valued at approximately $1,112,702.40. The sale was disclosed in a filing with the SEC, which is available at this link.
Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) remained flat at $$23.35 during mid-day trading on Wednesday. 34,711 shares of the company’s stock traded hands, compared to its average volume of 95,514. Heritage-Crystal Clean, Inc. has a fifty-two week low of $12.85 and a fifty-two week high of $25.20. The firm has a market capitalization of $545.34, a PE ratio of 19.02, a P/E/G ratio of 1.59 and a beta of 1.90. The company has a current ratio of 2.84, a quick ratio of 2.31 and a debt-to-equity ratio of 0.12.
Heritage-Crystal Clean (NASDAQ:HCCI) last announced its quarterly earnings results on Wednesday, February 28th. The industrial products company reported $0.26 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.05. Heritage-Crystal Clean had a net margin of 7.68% and a return on equity of 7.15%. The firm had revenue of $115.79 million for the quarter, compared to the consensus estimate of $113.46 million. analysts predict that Heritage-Crystal Clean, Inc. will post 0.92 earnings per share for the current year.
A number of hedge funds and other institutional investors have recently made changes to their positions in HCCI. ArrowMark Colorado Holdings LLC boosted its holdings in Heritage-Crystal Clean by 14.3% during the fourth quarter. ArrowMark Colorado Holdings LLC now owns 2,290,730 shares of the industrial products company’s stock worth $49,823,000 after buying an additional 286,196 shares in the last quarter. Algert Global LLC purchased a new stake in Heritage-Crystal Clean during the third quarter worth $4,375,000. Dimensional Fund Advisors LP boosted its holdings in Heritage-Crystal Clean by 30.8% during the third quarter. Dimensional Fund Advisors LP now owns 514,342 shares of the industrial products company’s stock worth $11,187,000 after buying an additional 121,150 shares in the last quarter. 361 Capital LLC purchased a new stake in Heritage-Crystal Clean during the third quarter worth $2,321,000. Finally, First Trust Advisors LP boosted its holdings in Heritage-Crystal Clean by 992.1% during the fourth quarter. First Trust Advisors LP now owns 113,164 shares of the industrial products company’s stock worth $2,461,000 after buying an additional 102,802 shares in the last quarter. 61.14% of the stock is currently owned by hedge funds and other institutional investors.
Several analysts have recently commented on the stock. Zacks Investment Research raised shares of Heritage-Crystal Clean from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a report on Thursday, March 1st. BidaskClub downgraded shares of Heritage-Crystal Clean from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Needham & Company LLC reaffirmed a “buy” rating and issued a $26.00 price objective on shares of Heritage-Crystal Clean in a report on Friday, March 2nd. ValuEngine raised shares of Heritage-Crystal Clean from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Finally, TheStreet downgraded shares of Heritage-Crystal Clean from a “b” rating to a “c+” rating in a report on Tuesday, February 27th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. Heritage-Crystal Clean presently has a consensus rating of “Buy” and a consensus price target of $23.83.
TRADEMARK VIOLATION WARNING: This piece was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece on another publication, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark legislation. The original version of this piece can be viewed at https://ledgergazette.com/2018/03/14/insider-selling-heritage-crystal-clean-inc-hcci-director-sells-5000-shares-of-stock.html.
Heritage-Crystal Clean Company Profile
Heritage-Crystal Clean, Inc provides full-service parts cleaning, containerized waste management, used oil collection, vacuum truck services and antifreeze recycling. The Company owns and operates a used oil re-refinery. The Company operates through two segments: Environmental Services and Oil Business.
Receive News & Ratings for Heritage-Crystal Clean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heritage-Crystal Clean and related companies with MarketBeat.com's FREE daily email newsletter.