SG Americas Securities LLC Takes $106,000 Position in HireRight Holdings Co. (NYSE:HRT)

SG Americas Securities LLC bought a new position in HireRight Holdings Co. (NYSE:HRT) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 7,853 shares of the company’s stock, valued at approximately $106,000. SG Americas Securities LLC owned about 0.28% of HireRight at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Blair William & Co. IL grew its holdings in shares of HireRight by 234.9% in the first quarter. Blair William & Co. IL now owns 347,435 shares of the company’s stock worth $5,941,000 after acquiring an additional 243,690 shares during the period. Advantage Alpha Capital Partners LP increased its position in shares of HireRight by 106.2% during the 3rd quarter. Advantage Alpha Capital Partners LP now owns 459,607 shares of the company’s stock valued at $4,371,000 after purchasing an additional 236,675 shares during the last quarter. Dimensional Fund Advisors LP bought a new position in shares of HireRight in the 2nd quarter worth approximately $2,577,000. Deutsche Bank AG boosted its holdings in shares of HireRight by 2,006.5% in the fourth quarter. Deutsche Bank AG now owns 215,154 shares of the company’s stock worth $2,552,000 after buying an additional 204,940 shares during the last quarter. Finally, Jennison Associates LLC increased its holdings in HireRight by 14.0% during the third quarter. Jennison Associates LLC now owns 1,576,599 shares of the company’s stock valued at $14,993,000 after buying an additional 193,081 shares during the last quarter. 12.49% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on HRT shares. StockNews.com initiated coverage on shares of HireRight in a research report on Friday. They set a “hold” rating for the company. Needham & Company LLC restated a “hold” rating on shares of HireRight in a research report on Friday, February 16th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $12.50.

HireRight Stock Performance

Shares of HireRight stock opened at $14.25 on Friday. The company has a fifty day moving average of $14.07 and a 200 day moving average of $12.58. The company has a market capitalization of $40.17 million, a P/E ratio of -56.98 and a beta of 0.17. HireRight Holdings Co. has a fifty-two week low of $8.50 and a fifty-two week high of $14.38.

HireRight (NYSE:HRT) last released its earnings results on Tuesday, March 12th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.03. The business had revenue of $166.04 million for the quarter, compared to analysts’ expectations of $170.35 million.

HireRight Profile

HireRight Holdings Corporation provides technology-driven workforce risk management and compliance solutions worldwide. It offers background screening, verification, identification, monitoring, and drug and health screening services for customers under the HireRight brand name. The company provides its services through software and data platform that integrates into its customers' human capital management systems enabling workflows for workforce hiring, onboarding, and monitoring.