Hill International, Inc. (NYSE:HIL) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday.

According to Zacks, “Hill International provides program management, project management, construction management and construction claims and consulting services to clients worldwide, but primarily in the United States, Europe, the Middle East/North Africa and Asia/Pacific. It operates through two segments, Project Management and Construction Claims. The former segment provides fee-based construction management services. Its services include program management, project management, construction management, project management oversight, troubled project turnaround, staff augmentation, estimating and cost management, project labor agreements, and management consulting. The latter segment advises its clients in order to assist them in preventing or resolving claims and disputes based upon schedule delays, cost overruns, and other problems on construction projects. The company’s clients primarily consist of the United States and other national governments, state and local governments, agencies, and clients in the private sector. “

Separately, ValuEngine upgraded Hill International from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd.

Hill International (NYSE:HIL) opened at 5.00 on Friday. The company’s 50 day moving average price is $4.87 and its 200 day moving average price is $4.67. The stock’s market cap is $259.39 million. Hill International has a 12 month low of $1.95 and a 12 month high of $5.70.

Hill International (NYSE:HIL) last posted its quarterly earnings results on Wednesday, May 3rd. The business services provider reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.08. The company had revenue of $95.91 million during the quarter, compared to analysts’ expectations of $100.60 million. Hill International had a negative return on equity of 9.58% and a negative net margin of 5.54%. Equities analysts forecast that Hill International will post $0.09 EPS for the current fiscal year.

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In other Hill International news, Director David Sgro bought 22,566 shares of the business’s stock in a transaction on Friday, May 12th. The shares were acquired at an average cost of $4.54 per share, for a total transaction of $102,449.64. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Alan S. Fellheimer sold 22,727 shares of the stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $4.90, for a total value of $111,362.30. Following the sale, the director now owns 105,253 shares in the company, valued at $515,739.70. The disclosure for this sale can be found here. Company insiders own 13.60% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in the company. Engine Capital Management LLC increased its position in Hill International by 24,106.2% in the first quarter. Engine Capital Management LLC now owns 1,656,670 shares of the business services provider’s stock worth $6,875,000 after buying an additional 1,649,826 shares during the period. Thomson Horstmann & Bryant Inc. increased its position in Hill International by 7.6% in the first quarter. Thomson Horstmann & Bryant Inc. now owns 2,177,111 shares of the business services provider’s stock worth $9,035,000 after buying an additional 153,990 shares during the period. Dimensional Fund Advisors LP increased its position in Hill International by 4.6% in the first quarter. Dimensional Fund Advisors LP now owns 2,187,444 shares of the business services provider’s stock worth $9,078,000 after buying an additional 96,635 shares during the period. Norges Bank purchased a new position in Hill International during the fourth quarter worth about $228,000. Finally, Rutabaga Capital Management LLC MA increased its position in Hill International by 2.0% in the first quarter. Rutabaga Capital Management LLC MA now owns 1,886,388 shares of the business services provider’s stock worth $7,829,000 after buying an additional 36,150 shares during the period. Hedge funds and other institutional investors own 53.54% of the company’s stock.

About Hill International

Hill International, Inc is a professional services firm. The Company provides program management, project management, construction management and other consulting services primarily to the buildings, transportation, environmental, energy and industrial markets worldwide. It operates in Project Management Group segment.

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