1 week Ago By Defense World Staff
Vanguard Group Inc. grew its holdings in shares of The Hackett Group, Inc. ( NASDAQ:HCKT – Free Report ) by 0.
8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,186,611 shares of the business services provider’s stock after purchasing an additional 16,682 shares during the quarter. Vanguard Group Inc.
owned approximately 7.93% of The Hackett Group worth $67,173,000 at the end of the most recent quarter. Other hedge funds have also modified their holdings of the company.
KLP Kapitalforvaltning AS acquired a new stake in The Hackett Group in the 4th quarter valued at about $1,131,000. American Century Companies Inc. lifted its position in The Hackett Group by 10.
5% during the fourth quarter. American Century Companies Inc. now owns 52,973 shares of the business services provider’s stock worth $1,627,000 after buying an additional 5,036 shares in the last quarter.
Quantbot Technologies LP boosted its stake in The Hackett Group by 52.5% during the fourth quarter. Quantbot Technologies LP now owns 4,180 shares of the business services provider’s stock worth $128,000 after buying an additional 1,439 shares during the last quarter.
Boston Partners grew its holdings in The Hackett Group by 2.9% in the 4th quarter. Boston Partners now owns 525,435 shares of the business services provider’s stock valued at $16,086,000 after buying an additional 14,676 shares in the last quarter.
Finally, Intech Investment Management LLC purchased a new stake in The Hackett Group in the 4th quarter valued at $355,000. 78.12% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In Several brokerages have recently weighed in on HCKT. Barrington Research boosted their price target on shares of The Hackett Group from $28.00 to $36.
00 and gave the company an “outperform” rating in a research report on Thursday, February 20th. StockNews.com downgraded shares of The Hackett Group from a “strong-buy” rating to a “buy” rating in a research note on Thursday.
One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $32.
67. The Hackett Group Stock Performance Shares of The Hackett Group stock opened at $26.34 on Friday.
The business’s fifty day simple moving average is $29.46 and its 200-day simple moving average is $29.26.
The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.
18. The firm has a market cap of $732.01 million, a PE ratio of 24.
85, a price-to-earnings-growth ratio of 1.53 and a beta of 0.98.
The Hackett Group, Inc. has a 52 week low of $20.23 and a 52 week high of $34.
02. The Hackett Group ( NASDAQ:HCKT – Get Free Report ) last posted its earnings results on Tuesday, February 18th. The business services provider reported $0.
35 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.06).
The Hackett Group had a net margin of 9.44% and a return on equity of 36.40%.
The company had revenue of $77.46 million during the quarter, compared to analyst estimates of $75.64 million.
Equities analysts forecast that The Hackett Group, Inc. will post 1.43 earnings per share for the current year.
The Hackett Group Increases Dividend The business also recently announced a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Friday, March 21st were issued a $0.12 dividend.
This represents a $0.48 annualized dividend and a yield of 1.82%.
The ex-dividend date was Friday, March 21st. This is an increase from The Hackett Group’s previous quarterly dividend of $0.11.
The Hackett Group’s dividend payout ratio (DPR) is 45.28%. About The Hackett Group ( Free Report ) The Hackett Group, Inc operates as an intellectual property-based executive advisory, strategic consulting, and digital transformation company in the United States, Europe, and internationally.
The company operates through three segments: Global Strategy & Business Transformation, Oracle Solutions, and SAP Solutions. Further Reading Five stocks we like better than The Hackett Group How to Invest in the Best Canadian Stocks Joby Aviation: Operational Momentum vs. Market Sentiment How to start investing in penny stocks Broadcom’s Big Outperformance Shows Strength Amid Tariff Decline Stock Market Sectors: What Are They and How Many Are There? Carvana: Can Turnaround Strength Outdrive Market Headwinds? Want to see what other hedge funds are holding HCKT? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for The Hackett Group, Inc. ( NASDAQ:HCKT – Free Report ). Receive News & Ratings for The Hackett Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Hackett Group and related companies with MarketBeat.
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