First Trust Advisors LP lifted its position in Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) by 992.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 113,164 shares of the industrial products company’s stock after buying an additional 102,802 shares during the quarter. First Trust Advisors LP owned about 0.49% of Heritage-Crystal Clean worth $2,461,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Cadence Capital Management LLC grew its stake in shares of Heritage-Crystal Clean by 10.1% in the 4th quarter. Cadence Capital Management LLC now owns 113,297 shares of the industrial products company’s stock valued at $2,464,000 after buying an additional 10,430 shares in the last quarter. First Quadrant L P CA grew its stake in shares of Heritage-Crystal Clean by 436.5% in the 4th quarter. First Quadrant L P CA now owns 7,940 shares of the industrial products company’s stock valued at $173,000 after buying an additional 6,460 shares in the last quarter. CMH Wealth Management LLC bought a new stake in shares of Heritage-Crystal Clean in the 4th quarter valued at approximately $228,000. Algert Global LLC bought a new stake in shares of Heritage-Crystal Clean in the 3rd quarter valued at approximately $4,375,000. Finally, Cornerstone Capital Management Holdings LLC. grew its stake in shares of Heritage-Crystal Clean by 73.1% in the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 83,578 shares of the industrial products company’s stock valued at $1,817,000 after buying an additional 35,300 shares in the last quarter. 61.14% of the stock is owned by institutional investors and hedge funds.
Shares of Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) opened at $23.80 on Friday. The stock has a market capitalization of $546.50, a P/E ratio of 35.52, a price-to-earnings-growth 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, Inc. has a 12-month low of $12.85 and a 12-month high of $25.20.
Heritage-Crystal Clean (NASDAQ:HCCI) last issued its quarterly earnings results on Wednesday, February 28th. The industrial products company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.05. Heritage-Crystal Clean had a return on equity of 7.15% and a net margin of 7.68%. The company had revenue of $115.79 million during the quarter, compared to analyst estimates of $113.46 million. equities analysts forecast that Heritage-Crystal Clean, Inc. will post 0.92 EPS for the current fiscal year.
Several equities research analysts recently commented on the company. ValuEngine raised Heritage-Crystal Clean from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. Zacks Investment Research cut Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a research report on Wednesday, January 17th. BidaskClub cut Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a research report on Monday, January 22nd. Needham & Company LLC reaffirmed a “buy” rating and set a $26.00 target price on shares of Heritage-Crystal Clean in a research report on Friday, March 2nd. Finally, Robert W. Baird upped their target price on Heritage-Crystal Clean from $22.00 to $24.00 and gave the stock a “neutral” rating in a research report on Friday, March 2nd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company’s stock. Heritage-Crystal Clean presently has a consensus rating of “Buy” and an average price target of $23.83.
In other news, Director Robert W. Willmschen, Jr. sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, March 5th. The stock was sold at an average price of $23.22, for a total transaction of $116,100.00. Following the completion of the transaction, the director now directly owns 47,920 shares in the company, valued at $1,112,702.40. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 14.80% of the stock is owned by insiders.
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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.
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