Dynamic Technology Lab Private Ltd boosted its stake in The Hackett Group Inc. (NASDAQ:HCKT) by 2.1% during the second quarter, Holdings Channel reports. The firm owned 30,039 shares of the company’s stock after buying an additional 608 shares during the period. Dynamic Technology Lab Private Ltd owned 0.10% of The Hackett Group worth $417,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Navellier & Associates Inc increased its stake in The Hackett Group by 10.0% in the second quarter. Navellier & Associates Inc now owns 12,130 shares of the company’s stock valued at $168,000 after buying an additional 1,099 shares in the last quarter. Swiss National Bank increased its stake in The Hackett Group by 6.4% in the second quarter. Swiss National Bank now owns 40,192 shares of the company’s stock valued at $557,000 after buying an additional 2,400 shares in the last quarter. Strs Ohio increased its stake in The Hackett Group by 8.4% in the second quarter. Strs Ohio now owns 46,500 shares of the company’s stock valued at $644,000 after buying an additional 3,600 shares in the last quarter. Acrospire Investment Management LLC increased its stake in The Hackett Group by 71.0% in the second quarter. Acrospire Investment Management LLC now owns 8,672 shares of the company’s stock valued at $120,000 after buying an additional 3,600 shares in the last quarter. Finally, California Public Employees Retirement System increased its stake in The Hackett Group by 5.0% in the second quarter. California Public Employees Retirement System now owns 103,800 shares of the company’s stock valued at $1,440,000 after buying an additional 4,900 shares in the last quarter. Hedge funds and other institutional investors own 75.69% of the company’s stock.

Shares of The Hackett Group Inc. (NASDAQ:HCKT) opened at 16.35 on Thursday. The stock has a market capitalization of $466.91 million, a P/E ratio of 32.06 and a beta of 0.92. The stock has a 50 day moving average of $15.85 and a 200 day moving average of $14.79. The Hackett Group Inc. has a 12-month low of $12.44 and a 12-month high of $20.02.

The Hackett Group (NASDAQ:HCKT) last posted its quarterly earnings data on Tuesday, August 9th. The company reported $0.24 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.02. The Hackett Group had a net margin of 6.09% and a return on equity of 20.00%. The business earned $75.61 million during the quarter, compared to analyst estimates of $72.08 million. During the same quarter last year, the firm posted $0.19 earnings per share. The business’s revenue for the quarter was up 13.9% compared to the same quarter last year. Equities research analysts anticipate that The Hackett Group Inc. will post $0.90 EPS for the current fiscal year.

Separately, Zacks Investment Research downgraded shares of The Hackett Group from a “buy” rating to a “hold” rating in a research report on Tuesday, July 12th.

The Hackett Group Company Profile

The Hackett Group, Inc is an advisory and technology consulting company. The Company’s services include business transformation, enterprise performance management, working capital management and global business services. The Company is engaged in providing business and technology consulting services.

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