7,853 Shares in HireRight Holdings Co. (NYSE:HRT) Acquired by SG Americas Securities LLC

SG Americas Securities LLC bought a new stake in HireRight Holdings Co. (NYSE:HRT) in the 4th quarter, according to 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.

Several other institutional investors and hedge funds have also bought and sold shares of HRT. Jacobs Levy Equity Management Inc. increased its holdings in shares of HireRight by 37.6% during the third quarter. Jacobs Levy Equity Management Inc. now owns 345,620 shares of the company’s stock valued at $3,287,000 after acquiring an additional 94,531 shares in the last quarter. Dark Forest Capital Management LP purchased a new position in shares of HireRight in the third quarter worth $118,000. Keybank National Association OH acquired a new stake in shares of HireRight during the third quarter worth $121,000. Public Employees Retirement System of Ohio purchased a new stake in shares of HireRight during the third quarter valued at $222,000. Finally, Massachusetts Financial Services Co. MA increased its position in shares of HireRight by 0.3% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,130,394 shares of the company’s stock valued at $20,260,000 after acquiring an additional 6,363 shares during the period. 12.49% of the stock is owned by hedge funds and other institutional investors.

HireRight Stock Performance

NYSE:HRT opened at $14.25 on Friday. The firm’s fifty day moving average is $14.07 and its two-hundred day moving average is $12.58. The firm has a market cap of $40.17 million, a price-to-earnings ratio of -56.98 and a beta of 0.17. HireRight Holdings Co. has a one year low of $8.50 and a one year high of $14.38.

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

Analyst Upgrades and Downgrades

HRT has been the subject of a number of research reports. Needham & Company LLC reaffirmed a “hold” rating on shares of HireRight in a research report on Friday, February 16th. StockNews.com initiated coverage on HireRight in a report on Friday. They set a “hold” rating for the company. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, HireRight currently has a consensus rating of “Hold” and a consensus price target of $12.50.

HireRight Company 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.