Heritage-Crystal Clean, Inc. (HCCI) Holdings Trimmed by Macquarie Group Ltd.

Macquarie Group Ltd. lessened its holdings in shares of Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) by 30.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,379 shares of the industrial products company’s stock after selling 14,941 shares during the quarter. Macquarie Group Ltd. owned 0.15% of Heritage-Crystal Clean worth $748,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of HCCI. State Street Corp grew its stake in Heritage-Crystal Clean by 12.6% during the 2nd quarter. State Street Corp now owns 198,229 shares of the industrial products company’s stock valued at $3,150,000 after purchasing an additional 22,189 shares in the last quarter. Nationwide Fund Advisors grew its stake in Heritage-Crystal Clean by 439.9% during the 3rd quarter. Nationwide Fund Advisors now owns 45,876 shares of the industrial products company’s stock valued at $998,000 after purchasing an additional 37,379 shares in the last quarter. First Trust Advisors LP acquired a new stake in Heritage-Crystal Clean during the 3rd quarter valued at approximately $225,000. Prudential Financial Inc. acquired a new stake in Heritage-Crystal Clean during the 3rd quarter valued at approximately $350,000. Finally, Bank of New York Mellon Corp grew its stake in Heritage-Crystal Clean by 3.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 172,025 shares of the industrial products company’s stock valued at $3,742,000 after purchasing an additional 5,058 shares in the last quarter. Hedge funds and other institutional investors own 61.14% of the company’s stock.

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HCCI has been the subject of a number of recent analyst reports. TheStreet upgraded Heritage-Crystal Clean from a “c+” rating to a “b+” rating in a research note on Monday, April 2nd. BidaskClub raised Heritage-Crystal Clean from a “hold” rating to a “buy” rating in a report on Tuesday, January 16th. Zacks Investment Research raised Heritage-Crystal Clean from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a report on Friday, January 5th. ValuEngine raised Heritage-Crystal Clean from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $26.00 target price on shares of Heritage-Crystal Clean in a report on Friday, March 2nd. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $23.83.

In other Heritage-Crystal Clean news, Director Robert W. Willmschen, Jr. sold 5,000 shares of the 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 transaction, the director now owns 47,920 shares of the company’s stock, valued at approximately $1,112,702.40. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 14.80% of the company’s stock.

NASDAQ:HCCI opened at $22.50 on Monday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.31 and a current ratio of 2.84. Heritage-Crystal Clean, Inc. has a 52 week low of $14.20 and a 52 week high of $25.20. The company has a market cap of $533.43, a price-to-earnings ratio of 33.09, a PEG ratio of 1.50 and a beta of 1.74.

Heritage-Crystal Clean (NASDAQ:HCCI) last released its 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 for the quarter, compared to the consensus estimate of $113.46 million. research analysts forecast that Heritage-Crystal Clean, Inc. will post 0.92 earnings per share for the current fiscal year.

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About Heritage-Crystal Clean

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

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