Heritage-Crystal Clean, Inc. (HCCI) Shares Sold by Stifel Financial Corp

Stifel Financial Corp cut its stake in shares of Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) by 15.4% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 63,403 shares of the industrial products company’s stock after selling 11,527 shares during the period. Stifel Financial Corp owned about 0.28% of Heritage-Crystal Clean worth $1,009,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in Heritage-Crystal Clean by 2.8% during the second quarter. Vanguard Group Inc. now owns 521,931 shares of the industrial products company’s stock valued at $8,298,000 after purchasing an additional 14,011 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Heritage-Crystal Clean by 12.1% during the second quarter. Dimensional Fund Advisors LP now owns 393,192 shares of the industrial products company’s stock valued at $6,252,000 after purchasing an additional 42,531 shares in the last quarter. Ameriprise Financial Inc. grew its position in Heritage-Crystal Clean by 25.7% during the first quarter. Ameriprise Financial Inc. now owns 306,044 shares of the industrial products company’s stock valued at $4,193,000 after purchasing an additional 62,533 shares in the last quarter. Northern Trust Corp grew its position in Heritage-Crystal Clean by 15.8% during the second quarter. Northern Trust Corp now owns 175,598 shares of the industrial products company’s stock valued at $2,793,000 after purchasing an additional 24,003 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in Heritage-Crystal Clean by 33.8% during the second quarter. Bank of New York Mellon Corp now owns 166,967 shares of the industrial products company’s stock valued at $2,655,000 after purchasing an additional 42,201 shares in the last quarter. 55.02% of the stock is currently owned by hedge funds and other institutional investors.

In other news, VP Ellie Bruce sold 2,252 shares of Heritage-Crystal Clean stock in a transaction that occurred on Wednesday, July 26th. The shares were sold at an average price of $17.00, for a total value of $38,284.00. Following the sale, the vice president now directly owns 23,281 shares in the company, valued at $395,777. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 14.80% of the stock is owned by company insiders.

A number of research analysts recently commented on HCCI shares. Zacks Investment Research raised shares of Heritage-Crystal Clean from a “hold” rating to a “buy” rating and set a $18.00 price objective on the stock in a research report on Tuesday, July 4th. Stifel Nicolaus reaffirmed a “buy” rating and set a $23.00 price objective on shares of Heritage-Crystal Clean in a research report on Thursday. BidaskClub raised shares of Heritage-Crystal Clean from a “hold” rating to a “buy” rating in a research report on Wednesday, August 2nd. Needham & Company LLC boosted their price objective on shares of Heritage-Crystal Clean from $17.00 to $23.00 and gave the company a “buy” rating in a research report on Thursday, July 27th. Finally, Roth Capital set a $24.00 price objective on shares of Heritage-Crystal Clean and gave the company a “buy” rating in a research report on Friday. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $22.50.

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Shares of Heritage-Crystal Clean, Inc. (HCCI) opened at 19.825 on Monday. The firm has a 50-day moving average of $20.92 and a 200 day moving average of $17.44. Heritage-Crystal Clean, Inc. has a 52-week low of $11.85 and a 52-week high of $22.21. The company has a market capitalization of $448.32 million, a P/E ratio of 25.881 and a beta of 2.09.

Heritage-Crystal Clean (NASDAQ:HCCI) last posted its quarterly earnings data on Wednesday, October 18th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.03). Heritage-Crystal Clean had a net margin of 5.56% and a return on equity of 6.89%. The business had revenue of $83.33 million during the quarter, compared to analyst estimates of $85.32 million. On average, analysts anticipate that Heritage-Crystal Clean, Inc. will post $0.67 EPS for the current year.

Heritage-Crystal Clean Company 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.

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

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