Hill International (NYSE:HIL) Upgraded to “Buy” by ValuEngine

Hill International (NYSE:HIL) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued on Thursday, ValuEngine reports.

HIL remained flat at $$3.00 on Thursday. 20,020 shares of the company’s stock were exchanged, compared to its average volume of 121,870. Hill International has a one year low of $2.11 and a one year high of $4.40. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.69. The stock has a 50-day simple moving average of $2.84.

Hill International (NYSE:HIL) last released its quarterly earnings data on Wednesday, May 8th. The business services provider reported ($0.04) earnings per share for the quarter. Hill International had a negative net margin of 6.15% and a negative return on equity of 25.57%. The firm had revenue of $98.68 million during the quarter.

In related news, Director James M. Chadwick bought 83,966 shares of the business’s stock in a transaction dated Friday, May 24th. The stock was acquired at an average price of $2.56 per share, with a total value of $214,952.96. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James M. Chadwick bought 225,581 shares of the business’s stock in a transaction dated Thursday, May 16th. The shares were bought at an average cost of $2.29 per share, with a total value of $516,580.49. The disclosure for this purchase can be found here. Insiders acquired 898,879 shares of company stock valued at $2,246,105 in the last ninety days. 13.08% of the stock is owned by corporate insiders.

Several hedge funds have recently added to or reduced their stakes in the company. THB Asset Management increased its stake in shares of Hill International by 9.2% during the first quarter. THB Asset Management now owns 1,933,229 shares of the business services provider’s stock worth $5,645,000 after purchasing an additional 163,366 shares in the last quarter. Dimensional Fund Advisors LP acquired a new position in Hill International during the fourth quarter worth about $5,816,000. Rutabaga Capital Management LLC MA boosted its position in Hill International by 49.3% during the first quarter. Rutabaga Capital Management LLC MA now owns 792,200 shares of the business services provider’s stock worth $2,313,000 after acquiring an additional 261,700 shares during the last quarter. Kokino LLC boosted its position in Hill International by 2.1% during the first quarter. Kokino LLC now owns 283,015 shares of the business services provider’s stock worth $826,000 after acquiring an additional 5,832 shares during the last quarter. Finally, Adirondack Research & Management Inc. acquired a new position in Hill International during the first quarter worth about $775,000. 52.55% of the stock is owned by institutional investors and hedge funds.

About Hill International

Hill International, Inc provides project and construction management, and other consulting services primarily for the buildings, transportation, environmental, energy, and industrial markets. The company offers program management, project management, construction management, project management oversight, troubled project turnaround, staff augmentation, project labor agreement consulting, commissioning, estimating and cost management, and labor compliance and facilities management services.

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