Harte Hanks (NYSE:HHS)‘s stock had its “buy” rating restated by investment analysts at Noble Financial in a research report issued on Thursday.
HHS has been the subject of a number of other reports. Zacks Investment Research downgraded Harte Hanks from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 14th. ValuEngine downgraded Harte Hanks from a “sell” rating to a “strong sell” rating in a research note on Tuesday, September 4th.
Shares of HHS stock opened at $5.84 on Thursday. Harte Hanks has a 52 week low of $5.22 and a 52 week high of $12.16. The company has a market capitalization of $35.89 million, a price-to-earnings ratio of -4.87 and a beta of 0.94.
Hedge funds and other institutional investors have recently modified their holdings of the company. Eidelman Virant Capital acquired a new position in shares of Harte Hanks during the second quarter worth approximately $2,305,000. Renaissance Technologies LLC boosted its position in shares of Harte Hanks by 12.5% during the second quarter. Renaissance Technologies LLC now owns 208,472 shares of the business services provider’s stock worth $2,314,000 after buying an additional 23,232 shares during the period. Finally, Fondren Management LP boosted its position in shares of Harte Hanks by 25.7% during the second quarter. Fondren Management LP now owns 584,100 shares of the business services provider’s stock worth $6,484,000 after buying an additional 119,300 shares during the period. Institutional investors and hedge funds own 34.25% of the company’s stock.
About Harte Hanks
Harte Hanks, Inc provides various multi-channel marketing services in the United States and internationally. The company provides agency and digital services, including search engine management, display, digital analytics, Website development and design, digital strategy, social media, email, e-commerce, and interactive relationship management services; and database marketing and business-to-business lead generation solutions that offer insight and analytics, customer data integration, and marketing communications tools.
Further Reading: What is a conference call?
Receive News & Ratings for Harte Hanks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harte Hanks and related companies with MarketBeat.com's FREE daily email newsletter.