Heartland Advisors Inc. Lowers Position in Hudson Global, Inc. (NASDAQ:HSON)

Heartland Advisors Inc. decreased its stake in shares of Hudson Global, Inc. (NASDAQ:HSON) by 0.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 291,863 shares of the business services provider’s stock after selling 1,848 shares during the period. Heartland Advisors Inc. owned approximately 0.11% of Hudson Global worth $3,809,000 as of its most recent SEC filing.

Hudson Global Stock Performance

Shares of HSON stock opened at $10.72 on Friday. The company has a market capitalization of $29.49 million, a price-to-earnings ratio of -9.32, a PEG ratio of 0.37 and a beta of 0.54. Hudson Global, Inc. has a 52-week low of $10.01 and a 52-week high of $19.70. The company has a 50-day simple moving average of $11.51 and a two-hundred day simple moving average of $13.60.

Hudson Global (NASDAQ:HSON) last released its earnings results on Friday, March 14th. The business services provider reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.01. Hudson Global had a negative return on equity of 5.22% and a negative net margin of 2.46%. The company had revenue of $33.60 million during the quarter, compared to analyst estimates of $37.17 million. During the same period in the prior year, the company posted $0.04 earnings per share. On average, sell-side analysts forecast that Hudson Global, Inc. will post -0.87 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Hudson Global in a report on Wednesday. They set a “hold” rating on the stock.

Hudson Global Profile

Hudson Global, Inc provides talent solutions for mid-to-large-cap multinational companies and government agencies under the Hudson RPO brand in the Americas, the Asia Pacific, and Europe. It offers recruitment process outsourcing (RPO) services, such as recruitment outsourcing, project-based outsourcing, contingent workforce solutions, and recruitment consulting for clients' permanent staff hires; and RPO contracting services, including outsourced professional contract staffing and managed services.