Inspire Investing LLC Purchases 17,062 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Inspire Investing LLC boosted its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 160.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,722 shares of the business services provider's stock after acquiring an additional 17,062 shares during the quarter. Inspire Investing LLC owned 0.14% of Heidrick & Struggles International worth $1,228,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Mak Capital One LLC grew its holdings in shares of Heidrick & Struggles International by 35.2% during 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 boosted its holdings in Heidrick & Struggles International by 43.4% during the 3rd 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 position in Heidrick & Struggles International by 8.4% during the 3rd quarter. Systematic Financial Management LP now owns 554,298 shares of the business services provider's stock worth $21,540,000 after acquiring an additional 43,087 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its position in Heidrick & Struggles International by 55.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 118,414 shares of the business services provider's stock valued at $4,602,000 after purchasing an additional 42,195 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its position in Heidrick & Struggles International by 16.0% in the third quarter. Jacobs Levy Equity Management Inc. now owns 224,777 shares of the business services provider's stock valued at $8,735,000 after purchasing an additional 30,998 shares during the last quarter. Hedge funds and other institutional investors own 90.13% of the company's stock.

Analyst Upgrades and Downgrades

HSII has been the topic of several recent analyst reports. StockNews.com raised shares of Heidrick & Struggles International from a "hold" rating to a "buy" rating in a research note on Wednesday, November 6th. Barrington Research boosted their price objective on shares of Heidrick & Struggles International from $44.00 to $50.00 and gave the company an "outperform" rating in a research report on Monday, December 2nd. Finally, Truist Financial reissued a "hold" rating and issued a $42.00 target price (up from $40.00) on shares of Heidrick & Struggles International in a research note on Wednesday, December 4th.

Heidrick & Struggles International Price Performance

Heidrick & Struggles International stock traded up $0.14 during mid-day trading on Friday, reaching $46.12. 89,310 shares of the company traded hands, compared to its average volume of 109,581. Heidrick & Struggles International, Inc. has a 52-week low of $28.51 and a 52-week high of $49.02. The firm has a market capitalization of $941.31 million, a price-to-earnings ratio of 24.93, a P/E/G ratio of 0.99 and a beta of 0.88. The firm's 50 day moving average price is $45.22 and its 200 day moving average price is $40.39.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last released its earnings results on Monday, November 4th. The business services provider reported $0.72 earnings per share for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $267.65 million. During the same period in the prior year, the firm earned $0.73 EPS. On average, sell-side analysts anticipate that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current year.

Heidrick & Struggles International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 14th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend was Thursday, November 14th. Heidrick & Struggles International's dividend payout ratio (DPR) is currently 32.43%.

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.