Bank of New York Mellon Corp Buys 26,913 Shares of HireQuest, Inc. (NASDAQ:HQI)

Bank of New York Mellon Corp grew its holdings in shares of HireQuest, Inc. (NASDAQ:HQI) by 31.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 111,488 shares of the company’s stock after purchasing an additional 26,913 shares during the period. Bank of New York Mellon Corp owned approximately 0.80% of HireQuest worth $1,579,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in HQI. Barclays PLC lifted its holdings in shares of HireQuest by 288.2% during the third quarter. Barclays PLC now owns 7,837 shares of the company’s stock valued at $110,000 after purchasing an additional 5,818 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of HireQuest by 233.4% during the third quarter. JPMorgan Chase & Co. now owns 9,932 shares of the company’s stock valued at $141,000 after purchasing an additional 6,953 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of HireQuest by 16.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 16,229 shares of the company’s stock valued at $230,000 after purchasing an additional 2,256 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of HireQuest by 4.0% during the third quarter. Geode Capital Management LLC now owns 131,394 shares of the company’s stock valued at $1,861,000 after purchasing an additional 5,007 shares during the last quarter. 12.00% of the stock is currently owned by hedge funds and other institutional investors.

HireQuest Stock Down 0.1 %

Shares of HQI opened at $13.20 on Friday. The company has a market capitalization of $184.80 million, a P/E ratio of 120.00 and a beta of 1.03. The firm has a 50 day moving average of $13.60 and a 200 day moving average of $13.97. HireQuest, Inc. has a twelve month low of $11.39 and a twelve month high of $15.75.

HireQuest Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 1.82%. The ex-dividend date of this dividend was Monday, March 3rd. HireQuest’s dividend payout ratio (DPR) is currently 218.18%.

HireQuest 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.