HireQuest, Inc. (NASDAQ:HQI) Shares Sold by Global Strategic Investment Solutions LLC

Global Strategic Investment Solutions LLC decreased its holdings in HireQuest, Inc. (NASDAQ:HQI) by 5.0% in the fourth quarter, Holdings Channel reports. The fund owned 18,355 shares of the company’s stock after selling 974 shares during the period. Global Strategic Investment Solutions LLC’s holdings in HireQuest were worth $260,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Bank of New York Mellon Corp increased its holdings in shares of HireQuest by 31.8% during the 4th quarter. Bank of New York Mellon Corp now owns 111,488 shares of the company’s stock worth $1,579,000 after buying an additional 26,913 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of HireQuest by 233.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,932 shares of the company’s stock worth $141,000 after buying an additional 6,953 shares during the last quarter. Barclays PLC increased its holdings in shares of HireQuest by 288.2% during the 3rd quarter. Barclays PLC now owns 7,837 shares of the company’s stock worth $110,000 after buying an additional 5,818 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of HireQuest by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 131,394 shares of the company’s stock worth $1,861,000 after buying an additional 5,007 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of HireQuest by 16.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 16,229 shares of the company’s stock worth $230,000 after buying an additional 2,256 shares during the last quarter. Institutional investors and hedge funds own 12.00% of the company’s stock.

HireQuest Stock Performance

NASDAQ:HQI opened at $14.68 on Tuesday. The stock has a market capitalization of $205.52 million, a P/E ratio of 133.45 and a beta of 1.03. The company has a 50 day moving average price of $13.64 and a 200 day moving average price of $13.98. HireQuest, Inc. has a fifty-two week low of $11.39 and a fifty-two week high of $15.75.

HireQuest Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.63%. HireQuest’s payout ratio is currently 218.18%.

Wall Street Analyst Weigh In

Separately, Barrington Research increased their price objective on shares of HireQuest from $17.00 to $18.00 and gave the stock an “outperform” rating in a research report on Friday, November 15th.

HireQuest Company Profile

HireQuest, Inc provides temporary staffing services in the United States. It offers staffing services, including direct-dispatch, executive search, consultant, unskilled and semi-skilled industrial and construction personnel, clerical and administrative personnel, and permanent placement services, as well as commercial and non-CDL drivers, and skilled personnel in the medical and dental industries.