1 week Ago By ABMN Staff
Vanguard Group Inc. grew its holdings in shares of The Hackett Group, Inc. ( NASDAQ:HCKT – Free Report ) by 0.
8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,186,611 shares of the business services provider’s stock after purchasing an additional 16,682 shares during the period. Vanguard Group Inc.
owned about 0.08% of The Hackett Group worth $67,173,000 as of its most recent SEC filing. Other hedge funds have also made changes to their positions in the company.
Charles Schwab Investment Management Inc. grew its holdings in shares of The Hackett Group by 0.5% in the third quarter.
Charles Schwab Investment Management Inc. now owns 266,317 shares of the business services provider’s stock valued at $6,996,000 after purchasing an additional 1,350 shares in the last quarter. Quantinno Capital Management LP acquired a new position in shares of The Hackett Group in the third quarter worth $276,000.
Stifel Financial Corp increased its position in shares of The Hackett Group by 18.0% during the third quarter. Stifel Financial Corp now owns 22,989 shares of the business services provider’s stock worth $604,000 after acquiring an additional 3,501 shares during the period.
State Street Corp raised its stake in shares of The Hackett Group by 4.1% in the third quarter. State Street Corp now owns 641,783 shares of the business services provider’s stock valued at $16,927,000 after acquiring an additional 25,249 shares in the last quarter.
Finally, Barclays PLC raised its stake in shares of The Hackett Group by 202.1% in the third quarter. Barclays PLC now owns 56,350 shares of the business services provider’s stock valued at $1,481,000 after acquiring an additional 37,695 shares in the last quarter.
Institutional investors and hedge funds own 78.12% of the company’s stock. The Hackett Group Stock Performance Shares of HCKT stock opened at $26.
34 on Friday. The company has a market cap of $732.01 million, a P/E ratio of 24.
85, a PEG ratio of 1.53 and a beta of 0.98.
The firm has a fifty day moving average price of $29.46 and a 200 day moving average price of $29.26.
The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.
18. The Hackett Group, Inc. has a 12 month low of $20.
23 and a 12 month high of $34.02. The Hackett Group Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Friday, April 4th.
Shareholders of record on Friday, March 21st were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, March 21st.
This represents a $0.48 dividend on an annualized basis and a yield of 1.82%.
This is a boost from The Hackett Group’s previous quarterly dividend of $0.11. The Hackett Group’s dividend payout ratio (DPR) is presently 45.
28%. Analysts Set New Price Targets Several research firms recently commented on HCKT. Barrington Research upped their price target on The Hackett Group from $28.
00 to $36.00 and gave the stock an “outperform” rating in a report on Thursday, February 20th. StockNews.
com lowered shares of The Hackett Group from a “strong-buy” rating to a “buy” rating in a research note on Thursday. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $32.
67. Check Out Our Latest Report on HCKT 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 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 ).
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