Hill International Inc. (HIL) Major Shareholder Irvin E. Richter Sells 17,725 Shares of Stock
Hill International Inc. (NYSE:HIL) major shareholder Irvin E. Richter sold 17,725 shares of the company’s stock in a transaction on Tuesday, October 11th. The stock was sold at an average price of $4.41, for a total transaction of $78,167.25. Following the sale, the insider now directly owns 4,730,031 shares of the company’s stock, valued at $20,859,436.71. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Hill International Inc. (NYSE:HIL) opened at 4.43 on Thursday. Hill International Inc. has a one year low of $2.62 and a one year high of $4.68. The firm has a market cap of $229.24 million, a price-to-earnings ratio of 47.63 and a beta of 1.00. The firm has a 50-day moving average of $4.44 and a 200-day moving average of $4.20.
Hill International (NYSE:HIL) last posted its earnings results on Wednesday, August 3rd. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by $0.06. Hill International had a net margin of 0.66% and a return on equity of 8.00%. The firm earned $175.60 million during the quarter, compared to analyst estimates of $174.50 million. During the same quarter in the previous year, the business posted $0.09 earnings per share. The business’s quarterly revenue was down 3.3% compared to the same quarter last year. Analysts anticipate that Hill International Inc. will post $0.27 EPS for the current year.
Separately, Zacks Investment Research upgraded shares of Hill International from a “sell” rating to a “hold” rating in a report on Monday, July 18th.
A number of hedge funds and other institutional investors have recently bought and sold shares of HIL. Foundry Partners LLC raised its position in Hill International by 1.2% in the third quarter. Foundry Partners LLC now owns 462,325 shares of the company’s stock worth $2,131,000 after buying an additional 5,650 shares during the last quarter. Menta Capital LLC raised its stake in Hill International by 5.5% in the second quarter. Menta Capital LLC now owns 109,446 shares of the company’s stock valued at $445,000 after buying an additional 5,724 shares in the last quarter. State Street Corp raised its stake in 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. AXA raised its stake in Hill International by 17.3% in the second quarter. AXA now owns 91,370 shares of the company’s stock valued at $372,000 after buying an additional 13,445 shares in the last quarter. Finally, BlackRock Investment Management LLC raised its stake in Hill International by 1.6% in the second quarter. BlackRock Investment Management LLC now owns 146,642 shares of the company’s stock valued at $597,000 after buying an additional 2,239 shares in the last quarter. Institutional investors and hedge funds 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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