Thomson Horstmann & Bryant Inc. raised its stake in shares of Hill International Inc (NYSE:HIL) by 7.6% during the first quarter, Holdings Channel reports. The firm owned 2,177,111 shares of the business services provider’s stock after buying an additional 153,990 shares during the period. Thomson Horstmann & Bryant Inc. owned about 4.20% of Hill International worth $9,035,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of the stock. Norges Bank acquired a new position in shares of Hill International during the fourth quarter valued at about $228,000. Perritt Capital Management Inc. raised its position in shares of Hill International by 2.4% in the fourth quarter. Perritt Capital Management Inc. now owns 1,236,632 shares of the business services provider’s stock valued at $5,379,000 after buying an additional 28,600 shares during the period. Renaissance Technologies LLC raised its position in shares of Hill International by 2.1% in the fourth quarter. Renaissance Technologies LLC now owns 462,600 shares of the business services provider’s stock valued at $2,012,000 after buying an additional 9,700 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Hill International by 0.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,090,809 shares of the business services provider’s stock valued at $9,095,000 after buying an additional 10,201 shares during the period. Finally, State Street Corp raised its position in shares of Hill International by 6.0% in the fourth quarter. State Street Corp now owns 419,138 shares of the business services provider’s stock valued at $1,824,000 after buying an additional 23,876 shares during the period. 47.83% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Hill International Inc (NYSE:HIL) traded up 1.33% during trading on Thursday, hitting $3.80. The stock had a trading volume of 141,382 shares. Hill International Inc has a 52 week low of $1.95 and a 52 week high of $5.70. The stock’s market capitalization is $197.06 million. The firm has a 50 day moving average price of $4.42 and a 200-day moving average price of $4.42.
Hill International (NYSE:HIL) last posted its quarterly earnings results on Wednesday, March 29th. The business services provider reported ($0.08) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by $0.09. Hill International had a negative return on equity of 0.24% and a negative net margin of 0.71%. The business earned $100.60 million during the quarter, compared to analysts’ expectations of $145.40 million. During the same quarter in the prior year, the firm earned $0.07 EPS. The firm’s revenue for the quarter was down 18.1% compared to the same quarter last year. On average, equities research analysts forecast that Hill International Inc will post $0.06 EPS for the current fiscal year.
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A number of brokerages have recently weighed in on HIL. Zacks Investment Research raised Hill International from a “strong sell” rating to a “buy” rating and set a $6.25 target price on the stock in a research report on Tuesday, January 17th. TheStreet raised Hill International from a “d+” rating to a “c-” rating in a research report on Tuesday, January 10th.
Hill International Company Profile
Hill International, Inc is a United States-based professional services company. The Company provides program management, project management, construction management, construction claims and other consulting services primarily to the buildings, transportation, environmental, energy and industrial markets.
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