Algert Global LLC purchased a new stake in Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 201,170 shares of the industrial products company’s stock, valued at approximately $4,375,000. Heritage-Crystal Clean comprises approximately 1.0% of Algert Global LLC’s portfolio, making the stock its 4th largest holding. Algert Global LLC owned 0.88% of Heritage-Crystal Clean as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Cornerstone Capital Management Holdings LLC. lifted its stake in shares of Heritage-Crystal Clean by 73.1% in the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 83,578 shares of the industrial products company’s stock valued at $1,817,000 after acquiring an additional 35,300 shares during the last quarter. OxFORD Asset Management LLP bought a new position in shares of Heritage-Crystal Clean in the 3rd quarter valued at $640,000. Dimensional Fund Advisors LP lifted its stake in shares of Heritage-Crystal Clean by 30.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 514,342 shares of the industrial products company’s stock valued at $11,187,000 after acquiring an additional 121,150 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Heritage-Crystal Clean by 221.4% in the 3rd quarter. Wells Fargo & Company MN now owns 33,590 shares of the industrial products company’s stock valued at $731,000 after acquiring an additional 23,138 shares during the last quarter. Finally, Cadence Capital Management LLC lifted its stake in shares of Heritage-Crystal Clean by 5.1% in the 3rd quarter. Cadence Capital Management LLC now owns 102,867 shares of the industrial products company’s stock valued at $2,237,000 after acquiring an additional 4,952 shares during the last quarter. Institutional investors own 58.56% of the company’s stock.

HCCI has been the subject of a number of research reports. Robert W. Baird increased their price target on Heritage-Crystal Clean from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Friday, October 20th. Zacks Investment Research cut Heritage-Crystal Clean from a “hold” rating to a “sell” rating in a research note on Thursday, October 19th. Stifel Nicolaus reiterated a “buy” rating on shares of Heritage-Crystal Clean in a research note on Tuesday, September 5th. Roth Capital set a $24.00 price objective on Heritage-Crystal Clean and gave the company a “buy” rating in a report on Friday, October 20th. Finally, BidaskClub upgraded Heritage-Crystal Clean from a “sell” rating to a “hold” rating in a report on Wednesday, December 6th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. Heritage-Crystal Clean presently has a consensus rating of “Hold” and an average target price of $22.50.

Shares of Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) opened at $19.85 on Thursday. The firm has a market capitalization of $438.15, a price-to-earnings ratio of 31.39, a P/E/G ratio of 1.87 and a beta of 1.96. Heritage-Crystal Clean, Inc. has a 1-year low of $12.85 and a 1-year high of $22.21. The company has a quick ratio of 2.02, a current ratio of 2.51 and a debt-to-equity ratio of 0.13.

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 for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.03). The company had revenue of $83.33 million during the quarter, compared to analyst estimates of $85.32 million. Heritage-Crystal Clean had a net margin of 5.71% and a return on equity of 9.37%. equities analysts anticipate that Heritage-Crystal Clean, Inc. will post 0.63 EPS for the current fiscal year.

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

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