Heritage-Crystal Clean (NASDAQ:HCCI) Given New $43.00 Price Target at Robert W. Baird

Heritage-Crystal Clean (NASDAQ:HCCI – Get Rating) had its price objective boosted by Robert W. Baird from $42.00 to $43.00 in a research note published on Tuesday morning, The Fly reports.

Several other research firms also recently weighed in on HCCI. DA Davidson started coverage on Heritage-Crystal Clean in a report on Tuesday, January 10th. They issued a buy rating and a $40.00 target price for the company. Needham & Company LLC boosted their target price on Heritage-Crystal Clean from $40.00 to $41.00 and gave the company a buy rating in a report on Friday, March 3rd. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Heritage-Crystal Clean presently has a consensus rating of Buy and a consensus price target of $42.25.

Heritage-Crystal Clean Trading Up 3.8 %

NASDAQ:HCCI opened at $37.58 on Tuesday. The stock has a 50-day simple moving average of $36.16 and a 200-day simple moving average of $32.46. The stock has a market cap of $915.07 million, a P/E ratio of 10.53, a P/E/G ratio of 0.75 and a beta of 1.19. Heritage-Crystal Clean has a 1 year low of $24.00 and a 1 year high of $38.85. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.30 and a current ratio of 1.65.

Institutional Trading of Heritage-Crystal Clean

Several institutional investors and hedge funds have recently added to or reduced their stakes in HCCI. Dorsey Wright & Associates purchased a new stake in Heritage-Crystal Clean during the 4th quarter valued at approximately $28,000. Advisor Group Holdings Inc. raised its stake in Heritage-Crystal Clean by 1,693.8% during the 4th quarter. Advisor Group Holdings Inc. now owns 861 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 813 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in Heritage-Crystal Clean by 69.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,154 shares of the industrial products company’s stock valued at $34,000 after acquiring an additional 472 shares during the last quarter. Great West Life Assurance Co. Can purchased a new stake in Heritage-Crystal Clean during the 3rd quarter valued at approximately $42,000. Finally, Lazard Asset Management LLC raised its stake in Heritage-Crystal Clean by 49.8% during the 1st quarter. Lazard Asset Management LLC now owns 2,841 shares of the industrial products company’s stock valued at $84,000 after acquiring an additional 945 shares during the last quarter. 61.59% of the stock is owned by hedge funds and other institutional investors.

About Heritage-Crystal Clean

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Heritage-Crystal Clean, Inc engages in the provision of parts cleaning and waste management services to the manufacturing and vehicle service sectors. It operates through the Environmental Services, and Oil Business segments. The Environmental Services segment includes parts cleaning, containerized waste management, vacuum truck services, antifreeze recycling activities, and field services.