Geode Capital Management LLC increased its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 3.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 495,513 shares of the business services provider's stock after acquiring an additional 18,771 shares during the period. Geode Capital Management LLC owned approximately 2.43% of Heidrick & Struggles International worth $19,259,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of HSII. Innealta Capital LLC purchased a new position in Heidrick & Struggles International in the second quarter worth approximately $29,000. Quest Partners LLC acquired a new stake in shares of Heidrick & Struggles International in the 3rd quarter valued at $30,000. Gladius Capital Management LP acquired a new stake in shares of Heidrick & Struggles International in the 3rd quarter valued at $31,000. Quantbot Technologies LP purchased a new stake in shares of Heidrick & Struggles International during the 3rd quarter worth $33,000. Finally, Quarry LP acquired a new position in shares of Heidrick & Struggles International during the second quarter worth $44,000. 90.13% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of analysts have weighed in on HSII shares. Truist Financial restated a "hold" rating and issued a $42.00 price target (up from $40.00) on shares of Heidrick & Struggles International in a research note on Wednesday, December 4th. Barrington Research raised their target price on Heidrick & Struggles International from $44.00 to $50.00 and gave the stock an "outperform" rating in a research report on Monday, December 2nd. Finally, StockNews.com upgraded Heidrick & Struggles International from a "hold" rating to a "buy" rating in a research note on Wednesday, November 6th.
View Our Latest Research Report on Heidrick & Struggles International
Heidrick & Struggles International Trading Down 0.8 %
NASDAQ:HSII traded down $0.36 during midday trading on Friday, hitting $44.27. 92,183 shares of the company were exchanged, compared to its average volume of 154,106. Heidrick & Struggles International, Inc. has a fifty-two week low of $26.52 and a fifty-two week high of $49.02. The company has a market capitalization 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. The company has a fifty day simple moving average of $44.17 and a 200 day simple moving average of $38.82.
Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last posted its earnings results on Monday, November 4th. The business services provider reported $0.72 EPS for the quarter, topping analysts' consensus estimates of $0.68 by $0.04. The business had revenue of $282.82 million for the quarter, compared to analysts' expectations of $267.65 million. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. During the same quarter in the previous year, the firm earned $0.73 earnings per share. As a group, equities research analysts expect that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current year.
Heidrick & Struggles International Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.36%. The ex-dividend date of this dividend was Thursday, November 14th. Heidrick & Struggles International's payout ratio is currently 32.43%.
Heidrick & Struggles International Profile
(
Free Report)
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.
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