Heidrick & Struggles International (NASDAQ:HSII) Price Target Raised to $44.00 at Truist Financial

Heidrick & Struggles International (NASDAQ:HSII) had its price objective boosted by Truist Financial from $42.00 to $44.00 in a research note released on Tuesday,Benzinga reports. The brokerage currently has a hold rating on the business services provider’s stock.

Separately, Barrington Research increased their price objective on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the company an “outperform” rating in a research note on Wednesday, March 5th.

Heidrick & Struggles International Price Performance

NASDAQ HSII opened at $39.00 on Tuesday. The company has a fifty day moving average price of $42.78 and a 200-day moving average price of $43.27. The firm has a market cap of $795.99 million, a price-to-earnings ratio of 21.08, a PEG ratio of 0.91 and a beta of 0.86. Heidrick & Struggles International has a 1 year low of $29.03 and a 1 year high of $49.02.

Heidrick & Struggles International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.54%. The ex-dividend date was Thursday, March 13th. Heidrick & Struggles International’s dividend payout ratio is presently 150.00%.

Insider Buying and Selling

In related news, CEO Thomas L. Monahan acquired 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 6th. The stock was acquired at an average price of $45.55 per share, for a total transaction of $227,750.00. Following the completion of the acquisition, the chief executive officer now owns 144,834 shares of the company’s stock, valued at approximately $6,597,188.70. This represents a 3.58 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 1.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of HSII. GAMMA Investing LLC lifted its stake in Heidrick & Struggles International by 5,120.8% in the first quarter. GAMMA Investing LLC now owns 23,128 shares of the business services provider’s stock valued at $9,910,000 after purchasing an additional 22,685 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Heidrick & Struggles International in the fourth quarter valued at $3,752,000. Mackenzie Financial Corp purchased a new position in shares of Heidrick & Struggles International during the 4th quarter valued at $591,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Heidrick & Struggles International by 10.7% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,151 shares of the business services provider’s stock worth $1,602,000 after acquiring an additional 3,507 shares during the period. Finally, ProShare Advisors LLC purchased a new stake in Heidrick & Struggles International in the 4th quarter worth about $269,000. 90.13% of the stock is owned by institutional investors.

About Heidrick & Struggles International

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.