Worth Watching: Is Selling Hill International Inc Here a Winning Strategy?

Worth Watching: Is Selling Hill International Inc Here a Winning Strategy?

The stock of Hill International Inc (NYSE:HIL) hit a new 52-week low and has $2.59 target or 10.00% below today’s $2.88 share price. The 9 months bearish chart indicates high risk for the $142.98 million company. The 1-year low was reported on Nov, 4 by Barchart.com. If the $2.59 price target is reached, the company will be worth $14.30M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 249,102 shares traded hands or 531.21% 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.

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 $4.96M for 7.20 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 worsened, 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.
Deutsche Fincl Bank Ag has 14,137 shares for 0% of their US portfolio. California Pub Employees Retirement Sys has invested 0% of its portfolio in Hill International Inc (NYSE:HIL). Alpine Prns Vi Limited Liability Corporation has 0.04% invested in the company for 22,598 shares. Goldman Sachs Gru accumulated 0% or 10,435 shares. Renaissance Technologies Limited Liability has invested 0% of its portfolio in Hill International Inc (NYSE:HIL). Dimensional Fund Advsr Lp accumulated 2.08 million shares or 0% of the stock. Royal Savings Bank Of Canada accumulated 0% or 7,600 shares. Invesco last reported 0% of its portfolio in the stock. Moreover, Susquehanna Intl Group Inc Llp has 0% invested in Hill International Inc (NYSE:HIL) for 25,808 shares. California State Teachers Retirement System holds 0% or 67,759 shares in its portfolio. Strs Ohio, a Ohio-based fund reported 137,100 shares. Manufacturers Life Ins Company The accumulated 17,326 shares or 0% of the stock. Blackrock Fund Advsrs, a California-based fund reported 839,077 shares. Paloma Prtnrs Company has invested 0% of its portfolio in Hill International Inc (NYSE:HIL). Eagle Advisors Ltd Limited Liability Company has invested 0% of its portfolio in Hill International Inc (NYSE:HIL).

Insider Transactions: Since May 17, 2016, the stock had 12 insider buys, and 10 insider sales for $47,402 net activity. Another trade for 7,500 shares valued at $29,400 was bought by CRESCENDO PARTNERS II LP. ROSENFELD ERIC had bought 3,135 shares worth $12,509 on Monday, May 23. $94,947 worth of shares were sold by Richter Irvin E on Monday, August 1. Another trade for 5,000 shares valued at $21,150 was made by Bulldog Investors – LLC on Tuesday, July 19.

More important recent Hill International Inc (NYSE:HIL) news were published by: Philly.com which released: “Round Two for Hill International, activist hedge fund” on August 08, 2016, also Philly.com published article titled: “Hill International postpones annual meeting, makes management changes”, Globenewswire.com published: “Hill International Selected by Amtrak as Program Management Consultant for …” on September 12, 2016. More interesting news about Hill International Inc (NYSE:HIL) was released by: Seekingalpha.com and their article: “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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