Heritage-Crystal Clean, Inc (NASDAQ:HCCI) Stock Holdings Increased by UBS Group AG

UBS Group AG lifted its stake in Heritage-Crystal Clean, Inc (NASDAQ:HCCI – Get Rating) by 29.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 198,498 shares of the industrial products company’s stock after purchasing an additional 45,632 shares during the quarter. UBS Group AG owned 0.82% of Heritage-Crystal Clean worth $6,447,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the stock. Cannell Capital LLC raised its position in Heritage-Crystal Clean by 32.0% during the first quarter. Cannell Capital LLC now owns 1,122,788 shares of the industrial products company’s stock valued at $33,246,000 after acquiring an additional 271,887 shares in the last quarter. BlackRock Inc. raised its position in Heritage-Crystal Clean by 1.5% during the third quarter. BlackRock Inc. now owns 1,115,475 shares of the industrial products company’s stock valued at $32,983,000 after acquiring an additional 16,304 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Heritage-Crystal Clean by 7.1% during the third quarter. Dimensional Fund Advisors LP now owns 1,056,443 shares of the industrial products company’s stock valued at $31,240,000 after acquiring an additional 70,351 shares in the last quarter. Vanguard Group Inc. raised its position in Heritage-Crystal Clean by 4.7% during the third quarter. Vanguard Group Inc. now owns 922,861 shares of the industrial products company’s stock valued at $27,290,000 after acquiring an additional 41,213 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in Heritage-Crystal Clean by 75.6% during the second quarter. Goldman Sachs Group Inc. now owns 600,073 shares of the industrial products company’s stock valued at $16,178,000 after acquiring an additional 258,392 shares in the last quarter. 61.59% of the stock is owned by hedge funds and other institutional investors.

Heritage-Crystal Clean Price Performance

Shares of HCCI opened at $33.54 on Friday. Heritage-Crystal Clean, Inc has a 52-week low of $24.00 and a 52-week high of $38.85. The stock has a 50 day simple moving average of $34.54 and a 200 day simple moving average of $34.20. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.35 and a current ratio of 1.75. The firm has a market capitalization of $816.70 million, a PE ratio of 8.99 and a beta of 1.22.

Heritage-Crystal Clean (NASDAQ:HCCI – Get Rating) last issued its quarterly earnings data on Wednesday, March 1st. The industrial products company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.03. Heritage-Crystal Clean had a return on equity of 19.88% and a net margin of 11.59%. The firm had revenue of $241.10 million for the quarter, compared to analyst estimates of $224.19 million. Sell-side analysts predict that Heritage-Crystal Clean, Inc will post 2.58 EPS for the current fiscal year.

Insider Buying and Selling at Heritage-Crystal Clean

In other news, Director Robert W. Willmschen, Jr. sold 3,984 shares of the stock in a transaction on Wednesday, March 8th. The stock was sold at an average price of $37.03, for a total transaction of $147,527.52. Following the sale, the director now directly owns 50,691 shares of the company’s stock, valued at approximately $1,877,087.73. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 8.90% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Barrington Research restated an “outperform” rating and issued a $46.00 price objective (up previously from $45.00) on shares of Heritage-Crystal Clean in a research note on Tuesday, March 14th. Needham & Company LLC lifted their price target on shares of Heritage-Crystal Clean from $40.00 to $41.00 and gave the stock a “buy” rating in a research note on Friday, March 3rd. Stifel Nicolaus lifted their price target on shares of Heritage-Crystal Clean from $40.00 to $42.00 in a research note on Thursday, May 11th. StockNews.com started coverage on shares of Heritage-Crystal Clean in a research note on Thursday, May 18th. They set a “buy” rating on the stock. Finally, Robert W. Baird lifted their price objective on Heritage-Crystal Clean from $50.00 to $54.00 in a report on Thursday, May 11th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $44.17.

Heritage-Crystal Clean Company Profile

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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.