Wedge Capital Management L L P NC decreased its position in shares of Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) by 51.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 34,086 shares of the industrial products company’s stock after selling 35,656 shares during the quarter. Wedge Capital Management L L P NC owned about 0.15% of Heritage-Crystal Clean worth $728,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in HCCI. Dimensional Fund Advisors LP boosted its holdings in shares of Heritage-Crystal Clean by 15.4% during the first quarter. Dimensional Fund Advisors LP now owns 756,760 shares of the industrial products company’s stock valued at $17,822,000 after acquiring an additional 100,911 shares during the period. Cannell Capital LLC boosted its holdings in shares of Heritage-Crystal Clean by 13.1% during the second quarter. Cannell Capital LLC now owns 690,199 shares of the industrial products company’s stock valued at $13,873,000 after acquiring an additional 80,135 shares during the period. BlackRock Inc. boosted its holdings in shares of Heritage-Crystal Clean by 11.2% during the second quarter. BlackRock Inc. now owns 768,233 shares of the industrial products company’s stock valued at $15,443,000 after acquiring an additional 77,173 shares during the period. Vident Investment Advisory LLC acquired a new position in shares of Heritage-Crystal Clean during the second quarter valued at $559,000. Finally, Swiss National Bank acquired a new position in shares of Heritage-Crystal Clean during the second quarter valued at $480,000. 58.91% of the stock is owned by institutional investors.

HCCI has been the subject of several analyst reports. BidaskClub raised shares of Heritage-Crystal Clean from a “strong sell” rating to a “sell” rating in a report on Thursday, October 11th. Robert W. Baird raised shares of Heritage-Crystal Clean from a “neutral” rating to an “outperform” rating in a report on Tuesday, September 25th. Barrington Research reissued a “buy” rating and set a $26.00 price target on shares of Heritage-Crystal Clean in a report on Monday, October 22nd. ValuEngine raised shares of Heritage-Crystal Clean from a “hold” rating to a “buy” rating in a report on Wednesday, October 17th. Finally, Zacks Investment Research raised shares of Heritage-Crystal Clean from a “hold” rating to a “strong-buy” rating and set a $25.00 price target for the company in a report on Wednesday, October 17th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $27.80.

HCCI stock opened at $24.05 on Friday. The stock has a market capitalization of $549.52 million, a P/E ratio of 35.37, a P/E/G ratio of 2.20 and a beta of 1.53. Heritage-Crystal Clean, Inc. has a fifty-two week low of $18.00 and a fifty-two week high of $25.20. 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 (NASDAQ:HCCI) last posted its quarterly earnings data on Wednesday, October 17th. The industrial products company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.02. The business had revenue of $99.67 million during the quarter, compared to the consensus estimate of $96.20 million. Heritage-Crystal Clean had a net margin of 6.00% and a return on equity of 7.76%. On average, analysts anticipate that Heritage-Crystal Clean, Inc. will post 0.72 EPS for the current fiscal year.

TRADEMARK VIOLATION WARNING: This report was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this report on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this report can be read at https://www.thecerbatgem.com/2018/11/10/wedge-capital-management-l-l-p-nc-has-728000-stake-in-heritage-crystal-clean-inc-hcci.html.

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.

Recommended Story: Asset Allocation

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

Receive News & Ratings for Heritage-Crystal Clean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heritage-Crystal Clean and related companies with MarketBeat.com's FREE daily email newsletter.