Heidrick & Struggles International, Inc. (NASDAQ:HSII) Shares Sold by LSV Asset Management

LSV Asset Management trimmed its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 1.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 301,367 shares of the business services provider’s stock after selling 4,400 shares during the quarter. LSV Asset Management’s holdings in Heidrick & Struggles International were worth $8,899,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Assenagon Asset Management S.A. grew its holdings in shares of Heidrick & Struggles International by 77.4% during the third quarter. Assenagon Asset Management S.A. now owns 297,188 shares of the business services provider’s stock worth $7,436,000 after buying an additional 129,644 shares in the last quarter. Wellington Management Group LLP acquired a new position in Heidrick & Struggles International in the third quarter valued at $2,870,000. Inspire Investing LLC acquired a new stake in Heidrick & Struggles International in the 3rd quarter worth about $617,000. Campbell & CO Investment Adviser LLC grew its holdings in Heidrick & Struggles International by 121.6% in the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 34,335 shares of the business services provider’s stock valued at $859,000 after buying an additional 18,842 shares during the period. Finally, Dark Forest Capital Management LP purchased a new position in Heidrick & Struggles International during the third quarter worth approximately $377,000. 90.13% of the stock is currently owned by hedge funds and other institutional investors.

Heidrick & Struggles International Stock Performance

Shares of NASDAQ HSII opened at $29.42 on Wednesday. Heidrick & Struggles International, Inc. has a 1 year low of $22.52 and a 1 year high of $35.38. The stock’s 50-day simple moving average is $31.62 and its 200-day simple moving average is $29.21. The firm has a market cap of $594.58 million, a price-to-earnings ratio of 11.10, a PEG ratio of 0.77 and a beta of 0.88.

Heidrick & Struggles International (NASDAQ:HSII) last announced its quarterly earnings data on Monday, February 26th. The business services provider reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.03. Heidrick & Struggles International had a net margin of 5.23% and a return on equity of 13.81%. The company had revenue of $253.16 million during the quarter, compared to analyst estimates of $248.17 million. As a group, research analysts predict that Heidrick & Struggles International, Inc. will post 2.41 EPS for the current year.

Heidrick & Struggles International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Friday, March 8th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.04%. The ex-dividend date was Thursday, March 7th. Heidrick & Struggles International’s dividend payout ratio is currently 22.64%.

Analyst Ratings Changes

HSII has been the subject of a number of research reports. TheStreet upgraded Heidrick & Struggles International from a “c+” rating to a “b-” rating in a report on Monday, February 12th. StockNews.com upgraded Heidrick & Struggles International from a “hold” rating to a “buy” rating in a report on Tuesday, March 12th. Barrington Research reiterated an “outperform” rating and issued a $40.00 target price on shares of Heidrick & Struggles International in a research note on Monday, March 4th. Finally, Truist Financial upped their price target on Heidrick & Struggles International from $30.00 to $33.00 and gave the stock a “hold” rating in a report on Tuesday.

Heidrick & Struggles International Profile

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, consulting, and on-demand talent services to businesses and business leaders worldwide. It enables its clients to build leadership teams by facilitating the recruitment, management, and development of senior executives.