Insider Selling: Hill International Inc. (HIL) Major Shareholder Sells $30,406.50 in Stock
Hill International Inc. (NYSE:HIL) major shareholder Irvin E. Richter sold 6,757 shares of the stock in a transaction on Wednesday, October 5th. The shares were sold at an average price of $4.50, for a total transaction of $30,406.50. Following the transaction, the insider now directly owns 4,740,905 shares in the company, valued at $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 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Shares of Hill International Inc. (NYSE:HIL) opened at 4.40 on Monday. Hill International Inc. has a 12 month low of $2.62 and a 12 month high of $4.68. The stock has a 50 day moving average of $4.44 and a 200-day moving average of $4.18. The firm has a market capitalization of $227.69 million, a PE ratio of 47.31 and a beta of 0.99.
Hill International (NYSE:HIL) last announced its earnings results on Wednesday, August 3rd. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by $0.06. The business earned $175.60 million during the quarter, compared to analyst estimates 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 was down 3.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.09 earnings per share. On average, equities research analysts anticipate that Hill International Inc. will post $0.27 EPS for the current fiscal year.
Separately, Zacks Investment Research downgraded shares of Hill International from a “hold” rating to a “sell” rating in a report on Tuesday, July 5th.
Institutional investors have recently made changes to their positions in the stock. AXA acquired a new position in shares of Hill International during the first quarter worth approximately $263,000. Menta Capital LLC boosted 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 worth $350,000 after buying an additional 32,251 shares during the last quarter. Springbok Capital Management LLC boosted 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 worth $346,000 after buying an additional 28,100 shares during the last quarter. Icon Advisers Inc. Co. boosted 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 worth $2,436,000 after buying an additional 462,294 shares during the last quarter. Finally, Algert Global LLC boosted 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 worth $1,105,000 after buying an additional 33,026 shares during the last quarter. 48.90% of the stock is currently owned by institutional investors and hedge funds.
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.
Receive News & Ratings for Hill International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hill International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.