361 Capital LLC acquired a new position in shares of Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 106,705 shares of the industrial products company’s stock, valued at approximately $2,321,000. 361 Capital LLC owned approximately 0.47% of Heritage-Crystal Clean at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Wells Fargo & Company MN lifted its stake in shares of Heritage-Crystal Clean by 0.8% during the first quarter. Wells Fargo & Company MN now owns 10,452 shares of the industrial products company’s stock worth $143,000 after purchasing an additional 85 shares in the last quarter. Schwab Charles Investment Management Inc. increased its holdings in Heritage-Crystal Clean by 0.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 53,099 shares of the industrial products company’s stock valued at $845,000 after buying an additional 399 shares during the last quarter. American International Group Inc. increased its holdings in Heritage-Crystal Clean by 7.0% in the first quarter. American International Group Inc. now owns 7,852 shares of the industrial products company’s stock valued at $108,000 after buying an additional 513 shares during the last quarter. Nationwide Fund Advisors increased its holdings in Heritage-Crystal Clean by 10.0% in the second quarter. Nationwide Fund Advisors now owns 8,497 shares of the industrial products company’s stock valued at $135,000 after buying an additional 770 shares during the last quarter. Finally, Teachers Advisors LLC increased its holdings in Heritage-Crystal Clean by 5.0% in the second quarter. Teachers Advisors LLC now owns 23,336 shares of the industrial products company’s stock valued at $371,000 after buying an additional 1,106 shares during the last quarter. Institutional investors own 54.98% of the company’s stock.

Several analysts recently weighed in on HCCI shares. Zacks Investment Research lowered Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. Stifel Nicolaus reaffirmed a “buy” rating and set a $23.00 target price on shares of Heritage-Crystal Clean in a report on Thursday, October 19th. Robert W. Baird upped their target price on Heritage-Crystal Clean from $20.00 to $22.00 and gave the company a “neutral” rating in a report on Friday, October 20th. BidaskClub raised Heritage-Crystal Clean from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Finally, Barrington Research increased their price objective on Heritage-Crystal Clean from $18.00 to $22.00 and gave the stock an “outperform” rating in a report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $22.50.

Heritage-Crystal Clean, Inc. (NASDAQ HCCI) traded up $0.05 on Friday, reaching $18.40. The company’s stock had a trading volume of 180,900 shares, compared to its average volume of 85,740. The firm has a market capitalization of $420.99, a P/E ratio of 30.08, a price-to-earnings-growth ratio of 1.79 and a beta of 2.01. 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 12-month low of $12.85 and a 12-month high of $22.21.

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

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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.

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

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