Is Hill International Inc (HIL) A Good Stock To Buy?

Moreover, a few hedge funds that decided to sell off their entire stakes by the end of the third quarter. At the top of the heap, Phillip Goldstein, Andrew Dakos and Steven Samuels’s Bulldog Investors dumped the largest investment of the 700 funds monitored by Insider Monkey, totaling about $15.6 million in stock, and Ken Gray and Steve Walsh’s Bryn Mawr Capital was right behind this move, as the fund dumped about $0.3 million worth of stock. These bearish behaviors are interesting, as aggregate hedge fund interest stayed the same (this is a bearish signal in our experience).

Let’s check out hedge fund activity in other stocks similar to Hill International Inc (NYSE:HIL). These stocks are Allied Motion Technologies, Inc. (NASDAQ:AMOT), Enphase Energy Inc (NASDAQ:ENPH), Bill Barrett Corporation (NYSE:BBG), and Care.com Inc (NYSE:CRCM). This group of stocks’ market values are closest to HIL’s market value.

As you can see these stocks had an average of 10.25 hedge funds with bullish positions and the average amount invested in these stocks was $20 million. That figure was $16 million in HIL’s case. Bill Barrett Corporation (NYSE:BBG) is the most popular stock in this table, while Allied Motion Technologies, Inc. (NASDAQ:AMOT) is the least popular one with only 7 bullish hedge fund positions. Hill International Inc (NYSE:HIL) is not the least popular stock in this group but hedge fund interest is still below average. This is a slightly negative signal and we’d rather spend our time researching stocks that hedge funds are piling on. In this regard BBG might be a better candidate to consider for a more detailed analysis.