Hill International Inc. (NYSE:HIL) major shareholder Irvin E. Richter sold 6,757 shares of the firm’s stock in a transaction dated Wednesday, October 5th. The shares were sold at an average price of $4.50, for a total value of $30,406.50. Following the sale, the insider now owns 4,740,905 shares in the company, valued at approximately $21,334,072.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Hill International Inc. (NYSE:HIL) opened at 4.43 on Friday. The stock’s 50 day moving average price is $4.44 and its 200-day moving average price is $4.17. The company has a market capitalization of $229.24 million, a PE ratio of 47.63 and a beta of 1.00. Hill International Inc. has a 52 week low of $2.62 and a 52 week high of $4.68.
Hill International (NYSE:HIL) last issued its quarterly earnings data on Wednesday, August 3rd. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by $0.06. Hill International had a net margin of 0.66% and a return on equity of 8.00%. The business had revenue of $175.60 million for the quarter, compared to the consensus estimate of $174.50 million. During the same period in the previous year, the firm earned $0.09 EPS. The company’s revenue was down 3.3% on a year-over-year basis. On average, equities research analysts predict that Hill International Inc. will post $0.27 earnings per share for the current fiscal year.
Separately, Zacks Investment Research downgraded Hill International from a “hold” rating to a “sell” rating in a research report on Wednesday.
Large investors have recently modified their holdings of the stock. AXA acquired a new stake in shares of Hill International during the first quarter worth about $263,000. Springbok Capital Management LLC increased its position in shares of Hill International by 37.6% in the first quarter. Springbok Capital Management LLC now owns 102,800 shares of the company’s stock valued at $346,000 after buying an additional 28,100 shares in the last quarter. Menta Capital LLC increased its position in shares of Hill International by 45.1% in the first quarter. Menta Capital LLC now owns 103,722 shares of the company’s stock valued at $350,000 after buying an additional 32,251 shares in the last quarter. BlackRock Investment Management LLC increased its position in shares of Hill International by 1.6% in the second quarter. BlackRock Investment Management LLC now owns 146,642 shares of the company’s stock valued at $597,000 after buying an additional 2,239 shares in the last quarter. Finally, Algert Global LLC increased its position in shares of Hill International by 11.2% in the first quarter. Algert Global LLC now owns 327,746 shares of the company’s stock valued at $1,105,000 after buying an additional 33,026 shares in the last quarter. 48.90% of the stock is owned by hedge funds and other institutional investors.
Hill International Company Profile
Hill International, Inc (Hill) is a professional services firm. 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. The Company operates in two segments: Project Management Group and Construction Claims Group.
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