November 29, 2016 - By Louis Casey
The COO of Heritage-Crystal Clean Inc, Gregory Ray has made a surprising sale in the Pinksheet-listed company that is worth $162,000 U.S Dollars. As stated in the D.C. based-SEC electronic report filed on November 28, 2016, Gregory sold 10,000 shares based on an average price-per-share of $16.2. Today, he owns a total of 157,598 shares or 0.70% of the Company’s market cap (share price times the number of shares outstanding).
Out of 2 analysts covering Heritage-Crystal Clean (NASDAQ:HCCI), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $18 is the highest target while $13 is the lowest. The $15.50 average target is -5.49% below today’s ($16.4) stock price. Heritage-Crystal Clean has been the topic of 2 analyst reports since October 16, 2015 according to StockzIntelligence Inc. The rating was upgraded by Robert W. Baird to “Outperform” on Thursday, October 22. Needham maintained Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) on Friday, October 16 with “Buy” rating.
Insitutional Activity: The institutional sentiment increased to 2.21 in Q2 2016. Its up 0.71, from 1.5 in 2016Q1. The ratio increased, as 5 funds sold all Heritage-Crystal Clean, Inc. shares owned while 17 reduced positions. 7 funds bought stakes while 26 increased positions. They now own 8.10 million shares or 23.23% less from 10.56 million shares in 2016Q1.
Numeric Investors Ltd Liability Corp owns 38,525 shares or 0% of their US portfolio. Parametric Portfolio Associates Limited Liability, a Washington-based fund reported 113,341 shares. Bridgeway Cap accumulated 54,100 shares or 0.01% of the stock. Blair William Il, a Illinois-based fund reported 109,144 shares. Dimensional Fund Advsr Ltd Partnership has invested 0% of its portfolio in Heritage-Crystal Clean, Inc. (NASDAQ:HCCI). Northern Trust holds 0% or 148,910 shares in its portfolio. Wells Fargo And Mn has 6,227 shares for 0% of their US portfolio. Moreover, California State Teachers Retirement has 0% invested in Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) for 26,802 shares. Ny State Common Retirement Fund has 11,500 shares for 0% of their US portfolio. Springbok Ltd last reported 28,102 shares in the company. Bnp Paribas Arbitrage Sa holds 446 shares or 0% of its portfolio. State Bank Of America De last reported 0% of its portfolio in the stock. Renaissance Tech Ltd Liability Corp has 55,100 shares for 0% of their US portfolio. Nationwide Fund Advsr accumulated 8,279 shares or 0% of the stock. Deutsche Financial Bank Ag accumulated 6,481 shares or 0% of the stock.
Insider Transactions: Since August 24, 2016, the stock had 0 insider buys, and 6 insider sales for $1.09 million net activity. Hillstrom Tom also sold $198,078 worth of Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) on Wednesday, August 24. Shares for $141,423 were sold by Lucks John on Monday, October 24. Chalhoub Joseph sold $150,000 worth of stock.
The stock closed at $16.4 during the last session. It is down 51.01% since April 26, 2016 and is uptrending. It has outperformed by 45.75% the S&P500.
Heritage-Crystal Clean, Inc. provides full-service parts cleaning, containerized waste management, used oil collection, vacuum truck services and antifreeze recycling. The company has a market cap of $377.90 million. The Firm owns and operates a used oil re-refinery. It currently has negative earnings. The Firm operates through two divisions: Environmental Services and Oil Business.
According to Zacks Investment Research, “HERITAGE-CRYSTAL CLEAN, LLC, headquartered in Elgin, Illinois, is a privately-held marketing and sales Company that concentrates on servicing the automotive repair, commercial and industrial marketplaces, primarily in the Midwest and Eastern States.”
Analysts await Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) to report earnings on March, 6. They expect $0.22 EPS, up 214.29% or $0.15 from last year’s $0.07 per share. HCCI’s profit will be $5.07 million for 18.64 P/E if the $0.22 EPS becomes a reality. After $0.22 actual EPS reported by Heritage-Crystal Clean, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
More news for Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) were recently published by: Globenewswire.com, which released: “Heritage-Crystal Clean, Inc. Announces 2016 Second Quarter Financial Results” on July 27, 2016. Globenewswire.com‘s article titled: “Heritage-Crystal Clean, Inc. Acquires FCC Environmental for $90 Million” and published on October 16, 2014 is yet another important article.
Heritage-Crystal Clean, Inc. (HCCI), incorporated on June 13, 2007, provides full-service parts cleaning, containerized waste management, used oil collection, vacuum truck services and antifreeze recycling. The Firm owns and operates a used oil re-refinery. The Firm operates through two divisions: Environmental Services and Oil Business. The Firm provides hazardous and non-hazardous waste services to small and mid-sized clients in both the manufacturing and vehicle maintenance sectors.
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By Louis Casey