Harte Hanks (NASDAQ:HHS) Issues Earnings Results

Harte Hanks (NASDAQ:HHS) posted its quarterly earnings data on Friday. The business services provider reported ($0.67) EPS for the quarter, FiscalAI reports. Harte Hanks had a negative return on equity of 5.06% and a negative net margin of 0.67%.The company had revenue of $37.98 million for the quarter.

Harte Hanks Stock Performance

Shares of HHS stock traded up $1.48 on Friday, hitting $4.29. The company had a trading volume of 4,649,054 shares, compared to its average volume of 12,255. Harte Hanks has a twelve month low of $2.00 and a twelve month high of $4.50. The firm has a market cap of $31.83 million, a P/E ratio of -5.64 and a beta of -0.03. The stock’s 50-day moving average is $2.41 and its two-hundred day moving average is $2.62.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Harte Hanks in a research note on Monday, July 6th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Harte Hanks presently has a consensus rating of “Sell”.

Institutional Trading of Harte Hanks

Several institutional investors have recently added to or reduced their stakes in the stock. Westerly Capital Management LLC increased its position in Harte Hanks by 1.3% during the 4th quarter. Westerly Capital Management LLC now owns 627,000 shares of the business services provider’s stock valued at $1,887,000 after purchasing an additional 8,000 shares during the period. Krilogy Financial LLC lifted its position in shares of Harte Hanks by 28.5% in the 1st quarter. Krilogy Financial LLC now owns 118,175 shares of the business services provider’s stock worth $268,000 after purchasing an additional 26,175 shares during the period. Raffles Associates LP bought a new stake in shares of Harte Hanks in the 2nd quarter valued at $190,000. State Street Corp boosted its stake in shares of Harte Hanks by 41.0% in the 4th quarter. State Street Corp now owns 26,497 shares of the business services provider’s stock valued at $80,000 after purchasing an additional 7,700 shares during the last quarter. Finally, Susquehanna International Group LLP bought a new stake in shares of Harte Hanks in the 3rd quarter valued at $71,000. 33.75% of the stock is currently owned by institutional investors.

Harte Hanks Company Profile

Harte-Hanks, Inc engages in the provision of marketing solutions. It specializes in consulting, data analytics, creative services, digital and social media, marketing strategy, marketing technology, and other related services. It supports a range of customers in the field of technology, travel and leisure, entertainment, pharmaceuticals, automotive, finance, and retail. The company was founded in 1923 and is headquartered in San Antonio, TX.