Public Employees Retirement System of Ohio Acquires Shares of 23,350 HireRight Holdings Co. (NYSE:HRT)

Public Employees Retirement System of Ohio acquired a new stake in shares of HireRight Holdings Co. (NYSE:HRT) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 23,350 shares of the company’s stock, valued at approximately $222,000. Public Employees Retirement System of Ohio owned approximately 0.83% of HireRight as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Ensign Peak Advisors Inc bought a new stake in HireRight during the 3rd quarter valued at approximately $35,000. Citigroup Inc. boosted its position in HireRight by 727.5% during the 2nd quarter. Citigroup Inc. now owns 4,957 shares of the company’s stock valued at $56,000 after acquiring an additional 4,358 shares in the last quarter. State of Wyoming bought a new stake in HireRight during the 4th quarter valued at approximately $72,000. Tower Research Capital LLC TRC boosted its position in shares of HireRight by 472.6% in the 3rd quarter. Tower Research Capital LLC TRC now owns 10,180 shares of the company’s stock worth $97,000 after purchasing an additional 8,402 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its position in shares of HireRight by 20.8% in the 2nd quarter. Wells Fargo & Company MN now owns 8,736 shares of the company’s stock worth $99,000 after purchasing an additional 1,503 shares in the last quarter. 12.49% of the stock is owned by institutional investors.

HireRight Trading Up 0.0 %

Shares of HRT opened at $14.27 on Thursday. The firm has a market cap of $40.23 million, a PE ratio of -57.06 and a beta of 0.17. The firm has a fifty day simple moving average of $13.55 and a two-hundred day simple moving average of $12.06. HireRight Holdings Co. has a 1-year low of $8.50 and a 1-year high of $14.35.

HireRight (NYSE:HRT) last announced its earnings results on Tuesday, March 12th. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.03. The company had revenue of $166.04 million for the quarter, compared to analysts’ expectations of $170.35 million.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on HRT. Needham & Company LLC reissued a “hold” rating on shares of HireRight in a research report on Friday, February 16th. StockNews.com initiated coverage on HireRight in a research report on Tuesday. They issued a “hold” rating on the stock. Finally, William Blair lowered shares of HireRight from an “outperform” rating to a “market perform” rating in a report on Monday, December 11th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $12.50.

About HireRight

HireRight Holdings Corporation provides technology-driven workforce risk management and compliance solutions worldwide. It offers background screening, verification, identification, monitoring, and drug and health screening services for customers under the HireRight brand name. The company provides its services through software and data platform that integrates into its customers' human capital management systems enabling workflows for workforce hiring, onboarding, and monitoring.