Barclays PLC Raises Stock Holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Barclays PLC boosted its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 280.9% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 37,476 shares of the business services provider's stock after acquiring an additional 27,637 shares during the period. Barclays PLC owned about 0.18% of Heidrick & Struggles International worth $1,456,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in HSII. Pacer Advisors Inc. purchased a new position in shares of Heidrick & Struggles International in the second quarter valued at approximately $29,938,000. Mak Capital One LLC raised its stake in Heidrick & Struggles International by 35.2% in the 2nd quarter. Mak Capital One LLC now owns 993,408 shares of the business services provider's stock valued at $31,372,000 after purchasing an additional 258,583 shares during the last quarter. Empowered Funds LLC raised its stake in Heidrick & Struggles International by 43.4% in the 3rd quarter. Empowered Funds LLC now owns 185,273 shares of the business services provider's stock valued at $7,200,000 after purchasing an additional 56,047 shares during the last quarter. Systematic Financial Management LP lifted its holdings in Heidrick & Struggles International by 8.4% in the 3rd 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 in the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its stake in Heidrick & Struggles International by 55.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 118,414 shares of the business services provider's stock worth $4,602,000 after purchasing an additional 42,195 shares during the last quarter. 90.13% of the stock is owned by hedge funds and other institutional investors.

Heidrick & Struggles International Stock Down 0.8 %

Shares of HSII traded down $0.36 during midday trading on Friday, reaching $44.27. The company had a trading volume of 92,183 shares, compared to its average volume of 154,106. The firm has a 50 day simple moving average of $44.17 and a 200-day simple moving average of $38.82. The stock has a market cap of $903.51 million, a PE ratio of 23.93, a price-to-earnings-growth ratio of 1.07 and a beta of 0.88. Heidrick & Struggles International, Inc. has a 1-year low of $26.52 and a 1-year high of $49.02.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last released its quarterly earnings data on Monday, November 4th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.04. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. The firm had revenue of $282.82 million during the quarter, compared to analysts' expectations of $267.65 million. During the same period last year, the business earned $0.73 earnings per share. As a group, sell-side analysts anticipate that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 14th were given a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $0.60 annualized dividend and a yield of 1.36%. Heidrick & Struggles International's payout ratio is 32.43%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on HSII. Truist Financial reiterated 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. StockNews.com upgraded shares of Heidrick & Struggles International from a "hold" rating to a "buy" rating in a report on Wednesday, November 6th. Finally, Barrington Research boosted their target price on Heidrick & Struggles International from $44.00 to $50.00 and gave the stock an "outperform" rating in a report on Monday, December 2nd.

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.