Hill International Inc. (NYSE:HIL) major shareholder Irvin E. Richter sold 17,725 shares of the stock in a transaction on Tuesday, October 11th. The shares were sold at an average price of $4.41, for a total value of $78,167.25. Following the completion of the sale, the insider now owns 4,730,031 shares in the company, valued at approximately $20,859,436.71. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Hill International Inc. (NYSE:HIL) opened at 4.34 on Friday. The firm’s 50-day moving average price is $4.43 and its 200 day moving average price is $4.21. Hill International Inc. has a 52-week low of $2.62 and a 52-week high of $4.68. The company has a market cap of $224.59 million, a PE ratio of 46.67 and a beta of 1.00.
Hill International (NYSE:HIL) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported $0.03 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by $0.06. Hill International had a return on equity of 8.00% and a net margin of 0.66%. The business earned $175.60 million during the quarter, compared to analysts’ expectations of $174.50 million. During the same period in the prior year, the firm posted $0.09 EPS. The firm’s revenue for the quarter was down 3.3% on a year-over-year basis. On average, equities analysts predict that Hill International Inc. will post $0.27 EPS for the current fiscal year.
A number of hedge funds and other institutional investors have recently bought and sold shares of HIL. Thomson Horstmann & Bryant Inc. boosted its position in 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. Icon Advisers Inc. Co. boosted its position in 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. AXA acquired a new position in Hill International during the first quarter valued at $263,000. State Street Corp boosted its position in Hill International by 13.7% in the first quarter. State Street Corp now owns 382,494 shares of the company’s stock valued at $1,289,000 after buying an additional 46,078 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in 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. 48.90% of the stock is currently owned by institutional investors and hedge funds.
Separately, Zacks Investment Research upgraded Hill International from a “sell” rating to a “hold” rating in a research report on Monday, July 18th.
About Hill International