Hosking Partners LLP grew its holdings in The Hackett Group, Inc. (NASDAQ:HCKT) by 7.6% during the fourth quarter, HoldingsChannel reports. The firm owned 1,218,066 shares of the business services provider’s stock after acquiring an additional 85,789 shares during the period. Hosking Partners LLP’s holdings in The Hackett Group were worth $19,136,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. boosted its stake in The Hackett Group by 10.6% in the second quarter. Vanguard Group Inc. now owns 1,789,845 shares of the business services provider’s stock worth $27,743,000 after purchasing an additional 171,125 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in The Hackett Group by 0.3% in the third quarter. Dimensional Fund Advisors LP now owns 1,712,185 shares of the business services provider’s stock worth $26,008,000 after purchasing an additional 4,823 shares in the last quarter. Trigran Investments Inc. boosted its stake in The Hackett Group by 79.1% in the third quarter. Trigran Investments Inc. now owns 1,148,490 shares of the business services provider’s stock worth $17,446,000 after purchasing an additional 507,153 shares in the last quarter. Wasatch Advisors Inc. boosted its stake in The Hackett Group by 108.4% in the fourth quarter. Wasatch Advisors Inc. now owns 958,191 shares of the business services provider’s stock worth $15,053,000 after purchasing an additional 498,305 shares in the last quarter. Finally, Neumeier Poma Investment Counsel LLC boosted its stake in The Hackett Group by 2.7% in the third quarter. Neumeier Poma Investment Counsel LLC now owns 706,650 shares of the business services provider’s stock worth $10,734,000 after purchasing an additional 18,750 shares in the last quarter. 81.41% of the stock is currently owned by institutional investors.

The Hackett Group, Inc. (NASDAQ:HCKT) opened at $15.94 on Wednesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.68 and a current ratio of 1.68. The Hackett Group, Inc. has a one year low of $13.24 and a one year high of $20.69. The stock has a market capitalization of $450.48, a price-to-earnings ratio of 20.96, a PEG ratio of 1.16 and a beta of 0.82.

HCKT has been the topic of a number of recent analyst reports. Zacks Investment Research raised The Hackett Group from a “sell” rating to a “hold” rating in a research note on Tuesday, October 17th. Roth Capital raised The Hackett Group from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $16.00 to $20.00 in a research note on Thursday, November 9th. SunTrust Banks reissued a “buy” rating and issued a $17.00 price objective on shares of The Hackett Group in a research note on Friday, November 10th. Finally, BidaskClub lowered The Hackett Group from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $18.33.

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About The Hackett Group

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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Institutional Ownership by Quarter for The Hackett Group (NASDAQ:HCKT)

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