Heidrick & Struggles International, Inc. (NASDAQ:HSII) Short Interest Down 9.2% in January

Heidrick & Struggles International, Inc. (NASDAQ:HSII) saw a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 407,000 shares, a decrease of 9.2% from the January 15th total of 448,100 shares. Based on an average daily volume of 139,400 shares, the days-to-cover ratio is currently 2.9 days.

Analysts Set New Price Targets

HSII has been the topic of a number of analyst reports. Truist Financial reaffirmed a “hold” rating and issued a $42.00 price objective (up from $40.00) on shares of Heidrick & Struggles International in a research note on Wednesday, December 4th. Barrington Research increased their target price on shares of Heidrick & Struggles International from $44.00 to $50.00 and gave the stock an “outperform” rating in a research note on Monday, December 2nd. Finally, StockNews.com raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of HSII. Allianz Asset Management GmbH lifted its stake in shares of Heidrick & Struggles International by 39.2% in the fourth quarter. Allianz Asset Management GmbH now owns 599,411 shares of the business services provider’s stock valued at $26,560,000 after buying an additional 168,912 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Heidrick & Struggles International by 398.7% in the fourth quarter. JPMorgan Chase & Co. now owns 200,982 shares of the business services provider’s stock valued at $8,906,000 after buying an additional 160,677 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Heidrick & Struggles International by 125.9% in the fourth quarter. American Century Companies Inc. now owns 287,569 shares of the business services provider’s stock valued at $12,742,000 after buying an additional 160,257 shares in the last quarter. Alliancebernstein L.P. lifted its stake in shares of Heidrick & Struggles International by 345.3% in the fourth quarter. Alliancebernstein L.P. now owns 85,800 shares of the business services provider’s stock valued at $3,802,000 after buying an additional 66,530 shares in the last quarter. Finally, Empowered Funds LLC lifted its stake in shares of Heidrick & Struggles International by 43.4% in the third quarter. Empowered Funds LLC now owns 185,273 shares of the business services provider’s stock valued at $7,200,000 after buying an additional 56,047 shares in the last quarter. 90.13% of the stock is owned by institutional investors.

Heidrick & Struggles International Trading Down 0.0 %

NASDAQ HSII traded down $0.01 on Monday, hitting $45.05. 94,374 shares of the company were exchanged, compared to its average volume of 98,154. The company has a market cap of $919.47 million, a PE ratio of 24.35, a PEG ratio of 0.99 and a beta of 0.87. Heidrick & Struggles International has a 12 month low of $28.51 and a 12 month high of $49.02. The stock has a fifty day moving average of $45.20 and a 200-day moving average of $41.77.

Heidrick & Struggles International Company Profile

Heidrick & Struggles International, Inc engages in provision of leadership consulting, culture shaping and senior-level executive search services. It offers its clients build leadership teams through facilitating the recruitment, management and deployment of senior executives. It operates under the following segments: Americas, Europe, Asia Pacific, Heidrick Consulting, and On Demand Talent Business.