Heritage-Crystal Clean, Inc. (NASDAQ:HCCI)‘s stock had its “buy” rating reiterated by research analysts at Stifel Nicolaus in a research report issued on Wednesday. They presently have a $20.00 price target on the industrial products company’s stock. Stifel Nicolaus’ price objective would suggest a potential upside of 25.39% from the stock’s previous close.

A number of other analysts have also weighed in on the stock. TheStreet upgraded shares of Heritage-Crystal Clean from a “c” rating to a “b-” rating in a report on Wednesday, May 17th. Zacks Investment Research upgraded shares of Heritage-Crystal Clean from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a report on Tuesday, July 4th. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $17.88.

Heritage-Crystal Clean (HCCI) remained flat at $15.95 on Wednesday. The stock had a trading volume of 22,270 shares. The firm’s 50-day moving average price is $15.52 and its 200-day moving average price is $14.99. The firm has a market cap of $359.31 million, a P/E ratio of 29.11 and a beta of 2.07. Heritage-Crystal Clean has a 12-month low of $11.85 and a 12-month high of $16.75.

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In other Heritage-Crystal Clean news, COO Gregory Ray sold 2,000 shares of the firm’s stock in a transaction that occurred on 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 $2,728,784.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Carmine Falcone sold 4,500 shares of the firm’s stock in a transaction that occurred on Wednesday, May 17th. The shares were sold at an average price of $15.35, for a total transaction of $69,075.00. Following the transaction, the director now directly owns 3,420 shares of the company’s stock, valued at approximately $52,497. The disclosure for this sale can be found here. Over the last three months, insiders sold 55,935 shares of company stock valued at $841,591. 14.80% of the stock is owned by insiders.

Several institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp increased its position in shares of Heritage-Crystal Clean by 178.1% in the second quarter. Bank of New York Mellon Corp now owns 119,794 shares of the industrial products company’s stock worth $1,463,000 after buying an additional 76,723 shares in the last quarter. Allianz Asset Management AG acquired a new position in shares of Heritage-Crystal Clean during the fourth quarter worth $206,000. Royce & Associates LLC increased its position in shares of Heritage-Crystal Clean by 16.9% in the fourth quarter. Royce & Associates LLC now owns 1,245,130 shares of the industrial products company’s stock worth $13,198,000 after buying an additional 180,000 shares in the last quarter. 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. Finally, State Street Corp increased its position in shares of Heritage-Crystal Clean by 4.2% in the first quarter. State Street Corp now owns 140,568 shares of the industrial products company’s stock worth $1,398,000 after buying an additional 5,609 shares in the last quarter. 53.40% of the stock is owned by institutional investors and hedge funds.

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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