12,000 Shares in Heritage-Crystal Clean, Inc. (HCCI) Acquired by Eqis Capital Management Inc.

Eqis Capital Management Inc. purchased a new position in Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,000 shares of the industrial products company’s stock, valued at approximately $191,000. Eqis Capital Management Inc. owned approximately 0.05% of Heritage-Crystal Clean at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in HCCI. Cannell Capital LLC bought a new position in Heritage-Crystal Clean during the first quarter worth about $2,594,000. Cove Street Capital LLC increased its position in shares of Heritage-Crystal Clean by 4.5% in the first quarter. Cove Street Capital LLC now owns 2,625,595 shares of the industrial products company’s stock worth $35,971,000 after buying an additional 112,295 shares in the last quarter. Oppenheimer Asset Management Inc. acquired a new position in shares of Heritage-Crystal Clean during the first quarter worth $1,201,000. Punch & Associates Investment Management Inc. increased its position in shares of Heritage-Crystal Clean by 55.2% in the first quarter. Punch & Associates Investment Management Inc. now owns 197,798 shares of the industrial products company’s stock worth $2,710,000 after buying an additional 70,342 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of Heritage-Crystal Clean by 25.7% in the first quarter. Ameriprise Financial Inc. now owns 306,044 shares of the industrial products company’s stock worth $4,193,000 after buying an additional 62,533 shares in the last quarter. 52.80% of the stock is owned by institutional investors.

Shares of Heritage-Crystal Clean, Inc. (NASDAQ HCCI) opened at 18.30 on Friday. The stock’s 50 day moving average is $17.37 and its 200 day moving average is $15.51. The company has a market capitalization of $413.84 million, a P/E ratio of 23.89 and a beta of 2.10. Heritage-Crystal Clean, Inc. has a 12 month low of $11.85 and a 12 month high of $19.45.

Heritage-Crystal Clean (NASDAQ:HCCI) last announced its earnings results on Tuesday, July 25th. The industrial products company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.04. Heritage-Crystal Clean had a net margin of 4.92% and a return on equity of 7.69%. The firm had revenue of $86.38 million during the quarter, compared to the consensus estimate of $82.45 million. On average, equities analysts predict that Heritage-Crystal Clean, Inc. will post $0.70 EPS for the current fiscal year.

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A number of equities analysts have weighed in on HCCI shares. Zacks Investment Research downgraded shares of Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a research note on Tuesday, July 11th. TheStreet upgraded shares of Heritage-Crystal Clean from a “c” rating to a “b-” rating in a report on Wednesday, May 17th. Needham & Company LLC increased their price target on shares of Heritage-Crystal Clean from $17.00 to $23.00 and gave the company a “buy” rating in a report on Thursday, July 27th. Stifel Nicolaus restated a “buy” rating and issued a $20.00 target price on shares of Heritage-Crystal Clean in a report on Wednesday, July 19th. Finally, BidaskClub upgraded shares of Heritage-Crystal Clean from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $20.50.

In other news, COO Gregory Ray sold 2,000 shares of the company’s stock in a transaction dated Wednesday, June 28th. The shares were sold at an average price of $16.15, for a total transaction of $32,300.00. Following the completion of the transaction, the chief operating officer now owns 168,965 shares of the company’s stock, valued at approximately $2,728,784.75. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Ellie Bruce sold 2,252 shares of the business’s stock in a transaction dated Wednesday, July 26th. The stock was sold at an average price of $17.00, for a total value of $38,284.00. Following the sale, the vice president now owns 23,281 shares of the company’s stock, valued at approximately $395,777. The disclosure for this sale can be found here. Corporate insiders own 14.80% of the company’s stock.

Heritage-Crystal Clean Company 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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