Heritage-Crystal Clean, Inc. (HCCI) Holdings Trimmed by Royce & Associates LP

Royce & Associates LP lessened its holdings in Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) by 7.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 821,607 shares of the industrial products company’s stock after selling 63,223 shares during the quarter. Royce & Associates LP owned 3.59% of Heritage-Crystal Clean worth $17,870,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of HCCI. Strs Ohio purchased a new stake in shares of Heritage-Crystal Clean during the third quarter worth approximately $132,000. Nationwide Fund Advisors increased its position in shares of Heritage-Crystal Clean by 10.0% during the second quarter. Nationwide Fund Advisors now owns 8,497 shares of the industrial products company’s stock worth $135,000 after purchasing an additional 770 shares in the last quarter. First Trust Advisors LP purchased a new stake in shares of Heritage-Crystal Clean during the third quarter worth approximately $225,000. The Manufacturers Life Insurance Company increased its position in shares of Heritage-Crystal Clean by 18.3% during the second quarter. The Manufacturers Life Insurance Company now owns 14,315 shares of the industrial products company’s stock worth $227,000 after purchasing an additional 2,214 shares in the last quarter. Finally, New York State Common Retirement Fund increased its position in shares of Heritage-Crystal Clean by 26.1% during the second quarter. New York State Common Retirement Fund now owns 14,500 shares of the industrial products company’s stock worth $231,000 after purchasing an additional 2,999 shares in the last quarter. 58.56% of the stock is owned by institutional investors and hedge funds.

Heritage-Crystal Clean, Inc. (NASDAQ HCCI) opened at $19.40 on Monday. The company has a market capitalization of $443.87, a PE ratio of 31.80, a PEG ratio of 1.89 and a beta of 1.96. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.51 and a quick ratio of 2.02. Heritage-Crystal Clean, Inc. has a 1-year low of $12.85 and a 1-year high of $22.21.

Heritage-Crystal Clean (NASDAQ:HCCI) last released its quarterly earnings results on Wednesday, October 18th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.03). The firm had revenue of $83.33 million for the quarter, compared to analysts’ expectations of $85.32 million. Heritage-Crystal Clean had a return on equity of 6.76% and a net margin of 5.56%. sell-side analysts forecast that Heritage-Crystal Clean, Inc. will post 0.63 earnings per share for the current year.

A number of equities analysts have weighed in on HCCI shares. Stifel Nicolaus reissued a “buy” rating and set a $23.00 price objective on shares of Heritage-Crystal Clean in a research note on Thursday, October 19th. Zacks Investment Research lowered Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. Roth Capital set a $24.00 price target on Heritage-Crystal Clean and gave the company a “buy” rating in a research note on Friday, October 20th. Robert W. Baird upped their price target on Heritage-Crystal Clean from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Friday, October 20th. Finally, BidaskClub raised Heritage-Crystal Clean from a “sell” rating to a “hold” rating in a research note on Wednesday, December 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $22.50.

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Heritage-Crystal Clean 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.

Institutional Ownership by Quarter for Heritage-Crystal Clean (NASDAQ:HCCI)

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