Hill International Inc (HIL) Upgraded at ValuEngine
Hill International Inc (NYSE:HIL) was upgraded by equities research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Friday.
Separately, Zacks Investment Research lowered shares of Hill International from a “buy” rating to a “strong sell” rating in a research note on Thursday, February 9th.
Shares of Hill International (NYSE HIL) traded up 0.98% on Friday, hitting $5.15. 106,607 shares of the stock were exchanged. Hill International has a 52-week low of $1.95 and a 52-week high of $5.70. The company’s 50 day moving average is $4.44 and its 200-day moving average is $4.54. The stock’s market cap is $267.17 million.
Hill International (NYSE:HIL) last announced its quarterly earnings results on Wednesday, May 3rd. The business services provider reported ($0.03) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by $0.08. The company had revenue of $95.91 million during the quarter, compared to analysts’ expectations of $100.60 million. Hill International had a negative net margin of 0.71% and a negative return on equity of 0.24%. Analysts predict that Hill International will post $0.09 EPS for the current fiscal year.
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In related news, Director David Sgro purchased 22,566 shares of the company’s stock in a transaction on Friday, May 12th. The shares were bought at an average cost of $4.54 per share, for a total transaction of $102,449.64. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Alan S. Fellheimer sold 22,727 shares of the stock in a transaction that occurred on Monday, May 22nd. The shares were sold at an average price of $4.90, for a total transaction of $111,362.30. Following the completion of the transaction, the director now owns 105,253 shares in the company, valued at $515,739.70. The disclosure for this sale can be found here. Corporate insiders own 25.30% of the company’s stock.
A number of institutional investors have recently made changes to their positions in HIL. 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 in the last quarter. 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 in the last quarter. 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 in the last quarter. 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 in the last quarter. Finally, Norges Bank bought a new position in shares of Hill International during the fourth quarter valued at approximately $228,000. Institutional investors own 47.83% of the company’s stock.
About Hill International
Hill International, Inc is a professional services firm. The Company provides program management, project management, construction management and other consulting services primarily to the buildings, transportation, environmental, energy and industrial markets worldwide. It operates in Project Management Group segment.
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