Spark Investment Management LLC Reduces Stake in Harte-Hanks, Inc. (HHS)
Spark Investment Management LLC cut its position in Harte-Hanks, Inc. (NYSE:HHS) by 12.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 230,500 shares of the business services provider’s stock after selling 31,700 shares during the period. Spark Investment Management LLC’s holdings in Harte-Hanks were worth $237,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the company. Kennedy Capital Management Inc. bought a new stake in Harte-Hanks during the first quarter worth approximately $225,000. Norges Bank bought a new stake in Harte-Hanks during the fourth quarter worth approximately $405,000. Renaissance Technologies LLC boosted its stake in Harte-Hanks by 5.5% in the first quarter. Renaissance Technologies LLC now owns 1,563,100 shares of the business services provider’s stock worth $2,188,000 after buying an additional 81,200 shares in the last quarter. Finally, VIEX Capital Advisors LLC boosted its stake in Harte-Hanks by 10.2% in the first quarter. VIEX Capital Advisors LLC now owns 1,669,828 shares of the business services provider’s stock worth $2,337,000 after buying an additional 154,808 shares in the last quarter. Institutional investors and hedge funds own 35.55% of the company’s stock.
Shares of Harte-Hanks, Inc. (NYSE HHS) opened at 0.77 on Wednesday. Harte-Hanks, Inc. has a 1-year low of $0.73 and a 1-year high of $1.85. The stock has a 50 day moving average price of $0.96 and a 200-day moving average price of $1.27. The stock’s market capitalization is $47.47 million.
A number of research firms have recently commented on HHS. ValuEngine raised Harte-Hanks from a “sell” rating to a “hold” rating in a research note on Saturday, May 27th. Noble Financial cut Harte-Hanks from a “buy” rating to a “hold” rating in a research note on Monday, June 19th. Finally, Zacks Investment Research cut Harte-Hanks from a “hold” rating to a “sell” rating in a research note on Wednesday, June 21st.
Harte Hanks, Inc (Harte Hanks) is a multi-channel marketing company. The Company’s Customer Interaction business offers a range of marketing services, in media from direct mail to e-mail, including agency and digital services; database marketing solutions and business-to-business lead generation; direct mail, and contact centers.
Want to see what other hedge funds are holding HHS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Harte-Hanks, Inc. (NYSE:HHS).
Receive News & Ratings for Harte-Hanks Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harte-Hanks Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.