Hill International, Inc. (NYSE:HIL) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Friday.

According to Zacks, “Hill International provides program management, project management, construction management and construction claims and consulting services to clients worldwide, but primarily in the United States, Europe, the Middle East/North Africa and Asia/Pacific. It operates through two segments, Project Management and Construction Claims. The former segment provides fee-based construction management services. Its services include program management, project management, construction management, project management oversight, troubled project turnaround, staff augmentation, estimating and cost management, project labor agreements, and management consulting. The latter segment advises its clients in order to assist them in preventing or resolving claims and disputes based upon schedule delays, cost overruns, and other problems on construction projects. The company’s clients primarily consist of the United States and other national governments, state and local governments, agencies, and clients in the private sector. “

Separately, ValuEngine upgraded shares of Hill International from a “sell” rating to a “hold” rating in a report on Friday, June 2nd.

Hill International (NYSE:HIL) traded down 1.83% during trading on Friday, reaching $5.35. 192,724 shares of the company’s stock traded hands. Hill International has a 12 month low of $1.95 and a 12 month high of $5.70. The company’s market cap is $277.55 million. The firm’s 50 day moving average is $4.87 and its 200 day moving average is $4.67.

Hill International (NYSE:HIL) last posted its earnings results on Wednesday, May 3rd. The business services provider reported ($0.03) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by $0.08. The firm had revenue of $95.91 million during the quarter, compared to analyst estimates of $100.60 million. Hill International had a negative return on equity of 9.58% and a negative net margin of 5.54%. Analysts anticipate that Hill International will post $0.09 EPS for the current year.

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In other news, Director Alan S. Fellheimer sold 22,727 shares of the stock in a transaction 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 sale, the director now owns 105,253 shares of the company’s stock, valued at $515,739.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director David Sgro acquired 15,864 shares of the stock in a transaction dated Tuesday, May 16th. The shares were bought at an average cost of $4.53 per share, with a total value of $71,863.92. The disclosure for this purchase can be found here. 13.60% of the stock is owned by corporate insiders.

Large investors have recently modified their holdings of the company. Norges Bank bought a new stake in shares of Hill International during the fourth quarter valued at about $228,000. Bank of New York Mellon Corp increased its stake in shares of Hill International by 4.4% in the first quarter. Bank of New York Mellon Corp now owns 121,390 shares of the business services provider’s stock valued at $504,000 after buying an additional 5,117 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Hill International by 3.3% in the first quarter. Geode Capital Management LLC now owns 232,145 shares of the business services provider’s stock valued at $963,000 after buying an additional 7,375 shares in the last quarter. State Street Corp increased its stake 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. Finally, Renaissance Technologies LLC increased its stake in shares of Hill International by 0.4% in the first quarter. Renaissance Technologies LLC now owns 464,400 shares of the business services provider’s stock valued at $1,927,000 after buying an additional 1,800 shares in the last quarter. 53.54% of the stock is owned by institutional investors.

Hill International Company Profile

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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