Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) Director Carmine Falcone sold 1,100 shares of the business’s stock in a transaction on Thursday, December 6th. The stock was sold at an average price of $26.00, for a total transaction of $28,600.00. Following the completion of the sale, the director now owns 4,620 shares of the company’s stock, valued at $120,120. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Heritage-Crystal Clean stock traded down $0.35 on Friday, hitting $25.62. The company’s stock had a trading volume of 109,978 shares, compared to its average volume of 99,530. The firm has a market capitalization of $598.61 million, a PE ratio of 37.68, a price-to-earnings-growth ratio of 2.40 and a beta of 1.57. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.79 and a quick ratio of 2.17. Heritage-Crystal Clean, Inc. has a one year low of $18.00 and a one year high of $28.70.

Heritage-Crystal Clean (NASDAQ:HCCI) last announced its quarterly earnings results on Wednesday, October 17th. The industrial products company reported $0.27 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.02. The firm had revenue of $99.67 million for the quarter, compared to analyst estimates of $96.20 million. Heritage-Crystal Clean had a net margin of 6.00% and a return on equity of 7.76%. Analysts predict that Heritage-Crystal Clean, Inc. will post 0.72 earnings per share for the current fiscal year.

A number of institutional investors have recently made changes to their positions in HCCI. Walthausen & Co. LLC bought a new stake in Heritage-Crystal Clean in the 3rd quarter valued at $14,348,000. Dimensional Fund Advisors LP increased its holdings in Heritage-Crystal Clean by 13.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 855,149 shares of the industrial products company’s stock valued at $17,189,000 after buying an additional 98,389 shares during the period. Cannell Capital LLC increased its holdings in Heritage-Crystal Clean by 13.1% in the 2nd quarter. Cannell Capital LLC now owns 690,199 shares of the industrial products company’s stock valued at $13,873,000 after buying an additional 80,135 shares during the period. BlackRock Inc. increased its holdings in Heritage-Crystal Clean by 11.2% in the 2nd quarter. BlackRock Inc. now owns 768,233 shares of the industrial products company’s stock valued at $15,443,000 after buying an additional 77,173 shares during the period. Finally, Morgan Stanley increased its holdings in Heritage-Crystal Clean by 69.9% in the 3rd quarter. Morgan Stanley now owns 118,520 shares of the industrial products company’s stock valued at $2,531,000 after buying an additional 48,779 shares during the period. 62.10% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms recently commented on HCCI. BidaskClub cut shares of Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a research note on Friday. Zacks Investment Research cut shares of Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a research note on Wednesday, October 24th. Robert W. Baird upped their target price on shares of Heritage-Crystal Clean from $27.00 to $34.00 and gave the company an “outperform” rating in a research note on Friday, October 19th. ValuEngine upgraded shares of Heritage-Crystal Clean from a “hold” rating to a “buy” rating in a research note on Wednesday, October 17th. Finally, Barrington Research reiterated a “buy” rating and set a $26.00 target price on shares of Heritage-Crystal Clean in a research note on Monday, October 22nd. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Heritage-Crystal Clean has a consensus rating of “Buy” and an average target price of $27.80.

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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.

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