GSA Capital Partners LLP boosted its position in shares of Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) by 108.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 74,083 shares of the industrial products company’s stock after buying an additional 38,580 shares during the period. GSA Capital Partners LLP owned 0.32% of Heritage-Crystal Clean worth $1,582,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Cannell Capital LLC increased its stake in Heritage-Crystal Clean by 13.1% during the 2nd quarter. Cannell Capital LLC now owns 690,199 shares of the industrial products company’s stock worth $13,873,000 after buying an additional 80,135 shares in the last quarter. Acadian Asset Management LLC purchased a new stake in Heritage-Crystal Clean during the 3rd quarter worth approximately $242,000. Cadence Capital Management LLC increased its stake in Heritage-Crystal Clean by 12.1% during the 2nd quarter. Cadence Capital Management LLC now owns 78,994 shares of the industrial products company’s stock worth $1,588,000 after buying an additional 8,549 shares in the last quarter. Schwab Charles Investment Management Inc. increased its stake in Heritage-Crystal Clean by 3.4% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 73,273 shares of the industrial products company’s stock worth $1,473,000 after buying an additional 2,433 shares in the last quarter. Finally, BlackRock Inc. increased its stake in Heritage-Crystal Clean by 11.2% during the 2nd quarter. BlackRock Inc. now owns 768,233 shares of the industrial products company’s stock worth $15,443,000 after buying an additional 77,173 shares in the last quarter. Institutional investors own 62.10% of the company’s stock.
Several equities research analysts have commented on the company. BidaskClub upgraded Heritage-Crystal Clean from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 21st. Zacks Investment Research lowered Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a research report on Wednesday, October 24th. Barrington Research restated a “buy” rating and issued a $26.00 price target on shares of Heritage-Crystal Clean in a research report on Monday, October 22nd. Robert W. Baird upped their price target on Heritage-Crystal Clean from $27.00 to $34.00 and gave the company an “outperform” rating in a research report on Friday, October 19th. Finally, ValuEngine upgraded Heritage-Crystal Clean from a “hold” rating to a “buy” rating in a research report on Wednesday, October 17th. One investment analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Heritage-Crystal Clean currently has an average rating of “Buy” and a consensus target price of $27.80.
Shares of NASDAQ HCCI opened at $26.47 on Thursday. The firm has a market capitalization of $610.14 million, a PE ratio of 38.93, a P/E/G ratio of 2.44 and a beta of 1.57. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.17 and a current ratio of 2.79. Heritage-Crystal Clean, Inc. has a 12-month low of $18.00 and a 12-month high of $28.70.
Heritage-Crystal Clean (NASDAQ:HCCI) last announced its quarterly earnings data on Wednesday, October 17th. The industrial products company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.02. The business had revenue of $99.67 million for the quarter, compared to analysts’ expectations of $96.20 million. Heritage-Crystal Clean had a return on equity of 7.76% and a net margin of 6.00%. As a group, analysts anticipate that Heritage-Crystal Clean, Inc. will post 0.72 earnings per share for the current year.
In other news, VP Ellie Bruce sold 4,000 shares of the stock in a transaction on Tuesday, November 20th. The stock was sold at an average price of $26.51, for a total value of $106,040.00. Following the sale, the vice president now directly owns 80,500 shares in the company, valued at $2,134,055. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 14.80% of the stock is currently owned by company insiders.
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Heritage-Crystal Clean Company Profile
Heritage-Crystal Clean, Inc, through its subsidiary, Heritage-Crystal Clean, LLC, provides parts cleaning, and hazardous and non-hazardous containerized waste services to small and mid-sized customers in the vehicle maintenance and manufacturing services industries in North America. It operates in two segments, Environmental Services and Oil Business.
Further Reading: Asset Allocation, Balancing Your Investments
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