Harte Hanks (HHS) Upgraded at ValuEngine

ValuEngine upgraded shares of Harte Hanks (NYSE:HHS) from a strong sell rating to a sell rating in a research report sent to investors on Friday.

Several other analysts have also recently weighed in on the company. Noble Financial reissued a buy rating on shares of Harte Hanks in a report on Friday, March 16th. Zacks Investment Research cut Harte Hanks from a hold rating to a sell rating in a report on Wednesday, April 25th.

Shares of NYSE HHS opened at $10.55 on Friday. Harte Hanks has a 12 month low of $10.50 and a 12 month high of $10.50. The company has a market cap of $63.29 million, a PE ratio of -8.79 and a beta of 0.90.

Harte Hanks (NYSE:HHS) last issued its earnings results on Wednesday, May 9th. The business services provider reported $1.17 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.76) by $1.93. Harte Hanks had a negative return on equity of 53.26% and a negative net margin of 0.50%. The company had revenue of $81.20 million during the quarter, compared to the consensus estimate of $81.10 million. research analysts anticipate that Harte Hanks will post 0.08 earnings per share for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in HHS. Geode Capital Management LLC lifted its holdings in Harte Hanks by 100.0% during the 4th quarter. Geode Capital Management LLC now owns 506,770 shares of the business services provider’s stock worth $480,000 after purchasing an additional 253,385 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in Harte Hanks by 4.6% during the 4th quarter. Renaissance Technologies LLC now owns 1,751,212 shares of the business services provider’s stock worth $1,661,000 after purchasing an additional 77,212 shares during the last quarter. Finally, Fondren Management LP lifted its holdings in Harte Hanks by 66.9% during the 4th quarter. Fondren Management LP now owns 2,933,243 shares of the business services provider’s stock worth $2,783,000 after purchasing an additional 1,175,243 shares during the last quarter.

About Harte Hanks

Harte Hanks, Inc provides various multi-channel marketing services in the United States and internationally. The company provides agency and digital services, including search engine management, display, digital analytics, Website development and design, digital strategy, social media, email, e-commerce, and interactive relationship management services; and database marketing and business-to-business lead generation solutions that offer insight and analytics, customer data integration, and marketing communications tools.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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