Irvin E. Richter Sells 2,617 Shares of Hill International Inc. (HIL) Stock
Hill International Inc. (NYSE:HIL) major shareholder Irvin E. Richter sold 2,617 shares of the stock in a transaction on Tuesday, October 4th. The shares were sold at an average price of $4.47, for a total value of $11,697.99. Following the sale, the insider now owns 4,740,905 shares in the company, valued at approximately $21,191,845.35. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 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 firm has a 50-day moving average of $4.44 and a 200-day moving average of $4.17. The company has a market cap of $229.24 million, a PE ratio of 47.63 and a beta of 1.00. Hill International Inc. has a one year low of $2.62 and a one year high of $4.68.
Hill International (NYSE:HIL) last posted its earnings results on Wednesday, August 3rd. The company reported $0.03 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.09 by $0.06. The business earned $175.60 million during the quarter, compared to the consensus estimate 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 EPS. On average, analysts predict that Hill International Inc. will post $0.27 EPS for the current year.
Separately, Zacks Investment Research raised Hill International from a “sell” rating to a “hold” rating in a research note on Monday, July 18th.
Hedge funds have recently modified their holdings of the company. AXA purchased a new stake in shares of Hill International during the first quarter valued at $263,000. Menta Capital LLC boosted its stake 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. Springbok Capital Management LLC boosted its stake 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. Icon Advisers Inc. Co. boosted its stake 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. Finally, Algert Global LLC boosted its stake 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 currently owned by hedge funds and other institutional investors.
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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