CMH Wealth Management LLC bought a new position in shares of Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,430 shares of the industrial products company’s stock, valued at approximately $228,000.

Several other hedge funds have also modified their holdings of HCCI. Strs Ohio purchased a new position in Heritage-Crystal Clean in the 3rd quarter valued at approximately $132,000. Nationwide Fund Advisors increased its stake in Heritage-Crystal Clean by 10.0% in the 2nd quarter. Nationwide Fund Advisors now owns 8,497 shares of the industrial products company’s stock valued at $135,000 after purchasing an additional 770 shares in the last quarter. First Trust Advisors LP purchased a new position in Heritage-Crystal Clean in the 3rd quarter valued at approximately $225,000. The Manufacturers Life Insurance Company increased its stake in Heritage-Crystal Clean by 18.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,315 shares of the industrial products company’s stock valued at $227,000 after purchasing an additional 2,214 shares in the last quarter. Finally, New York State Common Retirement Fund increased its stake in Heritage-Crystal Clean by 26.1% in the 2nd quarter. New York State Common Retirement Fund now owns 14,500 shares of the industrial products company’s stock valued at $231,000 after purchasing an additional 2,999 shares in the last quarter. 58.56% of the stock is owned by institutional investors and hedge funds.

Several equities analysts recently weighed in on HCCI shares. Zacks Investment Research downgraded Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. BidaskClub raised Heritage-Crystal Clean from a “sell” rating to a “hold” rating in a research note on Wednesday, December 6th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $23.00 price objective on shares of Heritage-Crystal Clean in a research note on Thursday, October 19th. Roth Capital set a $24.00 price objective on Heritage-Crystal Clean and gave the company a “buy” rating in a research note on Friday, October 20th. Finally, Robert W. Baird raised their price objective 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. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Heritage-Crystal Clean currently has a consensus rating of “Buy” and an average price target of $23.17.

Shares of Heritage-Crystal Clean, Inc. (HCCI) traded up $0.95 during trading hours on Friday, reaching $24.05. The company’s stock had a trading volume of 200,579 shares, compared to its average volume of 109,856. The firm has a market cap of $513.08, a PE ratio of 27.64, a PEG ratio of 1.66 and a beta of 1.96. The company has a current ratio of 2.51, a quick ratio of 2.02 and a debt-to-equity ratio of 0.13. Heritage-Crystal Clean, Inc. has a 52-week low of $12.85 and a 52-week high of $24.45.

Heritage-Crystal Clean (NASDAQ:HCCI) last announced its 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 for the quarter, compared to analyst estimates 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 EPS for the current year.

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Heritage-Crystal Clean 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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