Northern Trust Corp Buys Shares of 12,708 Hudson Global, Inc. (NASDAQ:HSON)

Northern Trust Corp bought a new stake in shares of Hudson Global, Inc. (NASDAQ:HSON) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 12,708 shares of the business services provider’s stock, valued at approximately $166,000. Northern Trust Corp owned about 0.47% of Hudson Global at the end of the most recent quarter.

Analyst Ratings Changes

Separately, Wall Street Zen began coverage on shares of Hudson Global in a research report on Wednesday, May 21st. They set a “hold” rating on the stock.

Hudson Global Price Performance

Shares of HSON stock opened at $8.90 on Wednesday. The company has a market capitalization of $24.48 million, a price-to-earnings ratio of -7.74, a PEG ratio of 0.37 and a beta of 0.42. Hudson Global, Inc. has a one year low of $8.49 and a one year high of $19.70. The company’s fifty day moving average price is $9.74 and its 200-day moving average price is $11.68.

Hudson Global (NASDAQ:HSON) last announced its quarterly earnings data on Tuesday, May 13th. The business services provider reported ($0.46) EPS for the quarter, missing the consensus estimate of $0.06 by ($0.52). The firm had revenue of $31.87 million for the quarter, compared to the consensus estimate of $32.35 million. Hudson Global had a negative net margin of 2.46% and a negative return on equity of 5.22%. Equities research analysts expect that Hudson Global, Inc. will post -0.87 earnings per share for the current fiscal year.

About Hudson Global

Hudson Global, Inc provides talent solutions for mid-to-large-cap multinational companies and government agencies under the Hudson RPO brand in the Americas, the Asia Pacific, and Europe. It offers recruitment process outsourcing (RPO) services, such as recruitment outsourcing, project-based outsourcing, contingent workforce solutions, and recruitment consulting for clients' permanent staff hires; and RPO contracting services, including outsourced professional contract staffing and managed services.