Fondren Management LP lifted its position in shares of Harte Hanks Inc (NYSE:HHS) by 66.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,933,243 shares of the business services provider’s stock after purchasing an additional 1,175,243 shares during the period. Harte Hanks comprises 2.0% of Fondren Management LP’s portfolio, making the stock its 11th largest position. Fondren Management LP owned 46.86% of Harte Hanks worth $2,783,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northern Trust Corp increased its stake in shares of Harte Hanks by 1.7% in the second quarter. Northern Trust Corp now owns 137,956 shares of the business services provider’s stock worth $142,000 after buying an additional 2,278 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Harte Hanks by 100.0% in the fourth quarter. Geode Capital Management LLC now owns 506,770 shares of the business services provider’s stock worth $480,000 after buying an additional 253,385 shares during the last quarter. Finally, Renaissance Technologies LLC increased its stake in shares of Harte Hanks by 4.6% in the fourth quarter. Renaissance Technologies LLC now owns 1,751,212 shares of the business services provider’s stock worth $1,661,000 after buying an additional 77,212 shares during the last quarter.
Shares of Harte Hanks Inc (HHS) opened at $8.61 on Wednesday. The company has a current ratio of 1.70, a quick ratio of 1.69 and a debt-to-equity ratio of -1.88. Harte Hanks Inc has a 12 month low of $7.30 and a 12 month high of $15.40. The firm has a market cap of $55.28, a price-to-earnings ratio of -0.41 and a beta of 1.03.
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Harte Hanks Profile
Harte Hanks, Inc (Harte Hanks) is a multi-channel marketing company. The Company’s Customer Interaction business offers a range of marketing services, in media from direct mail to e-mail, including agency and digital services; database marketing solutions and business-to-business lead generation; direct mail, and contact centers.
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