Exchange Traded Concepts LLC lowered its holdings in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 18.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,067 shares of the business services provider's stock after selling 6,412 shares during the quarter. Exchange Traded Concepts LLC owned 0.14% of Heidrick & Struggles International worth $1,244,000 as of its most recent SEC filing.
Several other hedge funds also recently bought and sold shares of the business. Barclays PLC grew its holdings in shares of Heidrick & Struggles International by 280.9% in the third 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. American Century Companies Inc. increased its holdings in Heidrick & Struggles International by 43.8% during the 2nd quarter. American Century Companies Inc. now owns 46,621 shares of the business services provider's stock worth $1,472,000 after purchasing an additional 14,209 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Heidrick & Struggles International by 21.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 40,305 shares of the business services provider's stock worth $1,566,000 after buying an additional 6,990 shares during the period. Geode Capital Management LLC grew its position in shares of Heidrick & Struggles International by 3.9% during the 3rd quarter. Geode Capital Management LLC now owns 495,513 shares of the business services provider's stock worth $19,259,000 after buying an additional 18,771 shares in the last quarter. Finally, Wellington Management Group LLP raised its holdings in shares of Heidrick & Struggles International by 3.0% in the third quarter. Wellington Management Group LLP now owns 431,856 shares of the business services provider's stock valued at $16,782,000 after acquiring an additional 12,640 shares in the last quarter. Institutional investors own 90.13% of the company's stock.
Analysts Set New Price Targets
A number of research analysts have commented on HSII shares. Truist Financial reissued a "hold" rating and set a $42.00 target price (up previously from $40.00) on shares of Heidrick & Struggles International in a research report on Wednesday, December 4th. Barrington Research boosted their price objective 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 upgraded Heidrick & Struggles International from a "hold" rating to a "buy" rating in a report on Wednesday, November 6th.
Get Our Latest Analysis on HSII
Heidrick & Struggles International Stock Up 0.5 %
Shares of NASDAQ HSII traded up $0.23 during trading hours on Tuesday, hitting $46.36. 83,315 shares of the stock were exchanged, compared to its average volume of 110,271. Heidrick & Struggles International, Inc. has a 12 month low of $28.51 and a 12 month high of $49.02. The firm has a fifty day moving average price of $45.30 and a 200-day moving average price of $40.84. The company has a market cap of $946.21 million, a PE ratio of 25.06, a PEG ratio of 0.99 and a beta of 0.88.
Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.68 by $0.04. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. The business had revenue of $282.82 million for the quarter, compared to the consensus estimate of $267.65 million. During the same period in the prior year, the firm posted $0.73 earnings per share. As a group, equities analysts anticipate that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current fiscal year.
Heidrick & Struggles International Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.29%. Heidrick & Struggles International's payout ratio is 32.43%.
About Heidrick & Struggles International
(
Free Report)
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.
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