Hill International Inc. (NYSE:HIL) major shareholder Irvin E. Richter sold 2,901 shares of Hill International stock in a transaction that occurred on Monday, October 3rd. The shares were sold at an average price of $4.52, for a total transaction of $13,112.52. Following the transaction, the insider now directly owns 4,740,905 shares of the company’s stock, valued at $21,428,890.60. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of Hill International Inc. (NYSE:HIL) traded up 1.13% during midday trading on Wednesday, reaching $4.46. 39,900 shares of the company traded hands. Hill International Inc. has a 1-year low of $2.62 and a 1-year high of $4.68. The stock’s 50-day moving average is $4.44 and its 200-day moving average is $4.17. The stock has a market capitalization of $230.80 million, a P/E ratio of 47.96 and a beta of 1.00.
Hill International (NYSE:HIL) last announced its quarterly earnings results on Wednesday, August 3rd. The company reported $0.03 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by $0.06. The company earned $175.60 million during the quarter, compared to analysts’ expectations of $174.50 million. Hill International had a net margin of 0.66% and a return on equity of 8.00%. The business’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.09 earnings per share. Equities analysts predict that Hill International Inc. will post $0.27 EPS for the current fiscal year.
Separately, Zacks Investment Research lowered shares of Hill International from a “hold” rating to a “sell” rating in a report on Wednesday.
Institutional investors have recently made changes to their positions in the stock. Thomson Horstmann & Bryant Inc. raised its position in shares of Hill International by 81.0% in the second quarter. Thomson Horstmann & Bryant Inc. now owns 1,899,105 shares of the company’s stock valued at $7,729,000 after buying an additional 849,610 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Hill International by 3.0% in the second quarter. Vanguard Group Inc. now owns 1,231,727 shares of the company’s stock valued at $5,014,000 after buying an additional 35,297 shares in the last quarter. Icon Advisers Inc. Co. raised its position in shares of Hill International by 339.6% in the second quarter. Icon Advisers Inc. Co. now owns 598,433 shares of the company’s stock valued at $2,436,000 after buying an additional 462,294 shares in the last quarter. State Street Corp raised its position in shares of Hill International by 3.6% in the second quarter. State Street Corp now owns 396,115 shares of the company’s stock valued at $1,612,000 after buying an additional 13,621 shares in the last quarter. Finally, Algert Global LLC raised 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. Institutional investors own 48.90% of the company’s stock.
About Hill International
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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