GSA Capital Partners LLP cut its holdings in Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) by 61.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,058 shares of the industrial products company’s stock after selling 32,154 shares during the quarter. GSA Capital Partners LLP owned 0.09% of Heritage-Crystal Clean worth $436,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Walthausen & Co. LLC raised its position in shares of Heritage-Crystal Clean by 44.1% during the second quarter. Walthausen & Co. LLC now owns 660,650 shares of the industrial products company’s stock worth $10,504,000 after purchasing an additional 202,230 shares during the period. Algert Global LLC acquired a new position in shares of Heritage-Crystal Clean during the third quarter worth approximately $4,375,000. Dimensional Fund Advisors LP raised its position in shares of Heritage-Crystal Clean by 30.8% during the third quarter. Dimensional Fund Advisors LP now owns 514,342 shares of the industrial products company’s stock worth $11,187,000 after purchasing an additional 121,150 shares during the period. 361 Capital LLC acquired a new position in shares of Heritage-Crystal Clean during the third quarter worth approximately $2,321,000. Finally, Janus Henderson Group PLC acquired a new position in shares of Heritage-Crystal Clean during the second quarter worth approximately $1,193,000. 58.56% of the stock is currently owned by hedge funds and other institutional investors.
A number of brokerages have recently weighed in on HCCI. Robert W. Baird upped their target price on Heritage-Crystal Clean from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Friday, October 20th. Roth Capital set a $24.00 target price on Heritage-Crystal Clean and gave the stock a “buy” rating in a research report on Friday, October 20th. Stifel Nicolaus reaffirmed a “buy” rating and set a $23.00 target price on shares of Heritage-Crystal Clean in a research report on Thursday, October 19th. Zacks Investment Research lowered Heritage-Crystal Clean from a “hold” rating to a “sell” rating in a research report on Thursday, October 19th. Finally, BidaskClub lowered Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a research report on Thursday. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Heritage-Crystal Clean has a consensus rating of “Buy” and a consensus target price of $22.50.
Heritage-Crystal Clean (NASDAQ:HCCI) last released its quarterly earnings results on Wednesday, October 18th. The industrial products company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.03). The company had revenue of $83.33 million during the quarter, compared to analysts’ expectations of $85.32 million. Heritage-Crystal Clean had a net margin of 5.56% and a return on equity of 6.76%. equities analysts anticipate that Heritage-Crystal Clean, Inc. will post 0.63 earnings per share for the current fiscal year.
About Heritage-Crystal Clean
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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