Heidrick & Struggles International, Inc. (NASDAQ:HSII) Shares Sold by Applied Fundamental Research LLC

Applied Fundamental Research LLC lowered its position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 33.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 291,791 shares of the business services provider’s stock after selling 144,607 shares during the quarter. Heidrick & Struggles International comprises 10.1% of Applied Fundamental Research LLC’s portfolio, making the stock its 5th largest position. Applied Fundamental Research LLC owned approximately 1.43% of Heidrick & Struggles International worth $12,929,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of HSII. Allianz Asset Management GmbH grew its position in shares of Heidrick & Struggles International by 39.2% during the 4th 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 during the last quarter. Empowered Funds LLC boosted its stake in 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 acquiring an additional 56,047 shares during the period. Systematic Financial Management LP grew its holdings in shares of Heidrick & Struggles International by 8.4% during the third quarter. Systematic Financial Management LP now owns 554,298 shares of the business services provider’s stock valued at $21,540,000 after purchasing an additional 43,087 shares during the last quarter. Jacobs Levy Equity Management Inc. raised its position in shares of Heidrick & Struggles International by 16.0% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 224,777 shares of the business services provider’s stock worth $8,735,000 after purchasing an additional 30,998 shares during the period. Finally, Barclays PLC lifted its holdings in shares of Heidrick & Struggles International by 280.9% in the 3rd quarter. Barclays PLC now owns 37,476 shares of the business services provider’s stock worth $1,456,000 after purchasing an additional 27,637 shares during the last quarter. Institutional investors own 90.13% of the company’s stock.

Insider Transactions at Heidrick & Struggles International

In related news, CEO Thomas L. Monahan purchased 5,000 shares of the company’s stock in a transaction on Thursday, March 6th. The shares were bought at an average cost of $45.55 per share, for a total transaction of $227,750.00. Following the transaction, the chief executive officer now owns 144,834 shares of the company’s stock, valued at $6,597,188.70. This represents a 3.58 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 1.30% of the company’s stock.

Heidrick & Struggles International Trading Up 0.4 %

Shares of NASDAQ HSII opened at $42.75 on Monday. Heidrick & Struggles International, Inc. has a 12-month low of $29.03 and a 12-month high of $49.02. The company has a market cap of $872.53 million, a PE ratio of 23.11, a P/E/G ratio of 0.91 and a beta of 0.80. The stock has a 50 day simple moving average of $44.51 and a 200-day simple moving average of $42.59.

Heidrick & Struggles International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, March 13th. This represents a $0.60 dividend on an annualized basis and a yield of 1.40%. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 150.00%.

Wall Street Analysts Forecast Growth

HSII has been the topic of several analyst reports. Truist Financial reaffirmed a “hold” rating and issued a $42.00 target price (up from $40.00) on shares of Heidrick & Struggles International in a research report on Wednesday, December 4th. Barrington Research increased their price objective on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an “outperform” rating in a report on Wednesday, March 5th.

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.