TheStreet lowered shares of Hill International Inc. (NYSE:HIL) from a hold rating to a sell rating in a research note released on Tuesday morning.

Separately, Zacks Investment Research lowered Hill International from a hold rating to a strong sell rating in a report on Tuesday, October 25th.

Shares of Hill International (NYSE:HIL) opened at 4.00 on Tuesday. The firm’s 50 day moving average is $4.03 and its 200-day moving average is $4.22. The firm has a market capitalization of $206.99 million, a PE ratio of 43.01 and a beta of 0.90. Hill International has a 12 month low of $1.95 and a 12 month high of $4.68.

Hill International (NYSE:HIL) last issued its quarterly earnings results on Monday, November 14th. The company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by $0.22. Hill International had a negative return on equity of 0.24% and a negative net margin of 0.71%. The business had revenue of $148 million for the quarter, compared to analyst estimates of $160.37 million. During the same quarter last year, the firm earned $0.06 earnings per share. The firm’s quarterly revenue was down 6.7% compared to the same quarter last year. On average, analysts expect that Hill International will post ($0.05) EPS for the current fiscal year.

In other news, Chairman Irvin E. Richter sold 18,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 6th. The stock was sold at an average price of $4.46, for a total transaction of $80,280.00. Following the sale, the chairman now directly owns 4,769,281 shares in the company, valued at $21,270,993.26. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Irvin E. Richter sold 6,757 shares of the business’s stock in a transaction that occurred on Wednesday, October 5th. The shares were sold at an average price of $4.50, for a total value of $30,406.50. Following the sale, the insider now owns 4,740,905 shares in the company, valued at $21,334,072.50. The disclosure for this sale can be found here. Insiders own 25.30% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in HIL. AXA purchased a new stake in Hill International during the first quarter worth about $263,000. Springbok Capital Management LLC boosted its stake in 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 in the last quarter. Thomson Horstmann & Bryant Inc. boosted its stake 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 worth $7,729,000 after buying an additional 849,610 shares in the last quarter. Icon Advisers Inc. Co. boosted its stake in 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 in the last quarter. Finally, Vanguard Group Inc. boosted its stake in Hill International by 3.0% in the second quarter. Vanguard Group Inc. now owns 1,231,727 shares of the company’s stock worth $5,014,000 after buying an additional 35,297 shares in the last quarter. Institutional investors and hedge funds own 48.28% 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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