Notable Price Action: Could Hill International Inc Recover After Today’s Significant Decline?

Notable Price Action: Could Hill International Inc Recover After Today's Significant Decline?

The stock of Hill International Inc (NYSE:HIL) is a huge mover today! About 303,543 shares traded hands or 669.16% up from the average. Hill International Inc (NYSE:HIL) has risen 9.28% since April 4, 2016 and is uptrending. It has outperformed by 8.19% the S&P500.
The move comes after 8 months negative chart setup for the $149.20M company. It was reported on Nov, 4 by Barchart.com. We have $2.58 PT which if reached, will make NYSE:HIL worth $20.89M less.

Analysts await Hill International Inc (NYSE:HIL) to report earnings on November, 8. They expect $0.10 earnings per share, up 66.67% or $0.04 from last year’s $0.06 per share. HIL’s profit will be $4.97 million for 7.50 P/E if the $0.10 EPS becomes a reality. After $0.03 actual earnings per share reported by Hill International Inc for the previous quarter, Wall Street now forecasts 233.33% EPS growth.

According to Zacks Investment Research, “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.”

Insitutional Activity: The institutional sentiment decreased to 0.63 in 2016 Q2. Its down 0.66, from 1.29 in 2016Q1. The ratio fall, as 4 funds sold all Hill International Inc shares owned while 31 reduced positions. 11 funds bought stakes while 11 increased positions. They now own 24.54 million shares or 4.51% less from 25.70 million shares in 2016Q1.
The Massachusetts-based Geode Capital Mgmt Ltd Company has invested 0% in Hill International Inc (NYSE:HIL). Blackrock Institutional Na holds 1.05M shares or 0% of its portfolio. Wells Fargo Mn accumulated 0% or 2.09 million shares. Schwab Charles last reported 75,500 shares in the company. Renaissance Ltd Liability accumulated 404,500 shares or 0% of the stock. Goldman Sachs Gp Inc accumulated 0% or 10,435 shares. Thomson Horstmann Bryant, a Connecticut-based fund reported 1.90 million shares. Blackrock last reported 0% of its portfolio in the stock. The Delaware-based Blackrock Advsr Lc has invested 0% in Hill International Inc (NYSE:HIL). Millennium Mgmt Ltd Limited Liability Company last reported 18,427 shares in the company. Blackrock Inv Management Ltd Llc accumulated 146,642 shares or 0% of the stock. The United Kingdom-based Gsa Cap Prtn Llp has invested 0.07% in Hill International Inc (NYSE:HIL). Parametric Portfolio Limited Liability Company holds 0% or 114,474 shares in its portfolio. The Pennsylvania-based Nationwide Fund has invested 0% in Hill International Inc (NYSE:HIL). Rhumbline Advisers, a Massachusetts-based fund reported 33,903 shares.

Insider Transactions: Since May 17, 2016, the stock had 12 insider buys, and 10 insider sales for $47,402 net activity. $176,260 worth of Hill International Inc (NYSE:HIL) shares were bought by ROSENFELD ERIC. Richter Irvin E had sold 12,000 shares worth $53,520 on Wednesday, September 7. Bulldog Investors – LLC bought $24,129 worth of stock or 6,300 shares. 15,844 shares were bought by CRESCENDO PARTNERS II LP, worth $60,986 on Tuesday, May 17.

More notable recent Hill International Inc (NYSE:HIL) news were published by: Businesswire.com which released: “INVESTOR ALERT: Investigation of Hill International, Inc. Announced by Law …” on November 04, 2016, also Philly.com with their article: “Round Two for Hill International, activist hedge fund” published on August 08, 2016, Philly.com published: “Hill International postpones annual meeting, makes management changes” on August 12, 2016. More interesting news about Hill International Inc (NYSE:HIL) were released by: Globenewswire.com and their article: “Hill International Selected by Amtrak as Program Management Consultant for …” published on September 12, 2016 as well as Seekingalpha.com‘s news article titled: “Hill International Proxy Contest: An Independent View” with publication date: August 03, 2016.

HIL Company Profile

Hill International, Inc. (Hill), incorporated on April 2, 2004, is a professional services firm. The Firm provides program management, project management, construction management, construction claims and other consulting services primarily to the buildings, transportation, environmental, energy and industrial markets. The Firm operates in two divisions: Project Management Group and Construction Claims Group. The Company’s clients consist primarily of the United States and other national governments, state and local governments, and the private sector.

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