Robeco Institutional Asset Management B.V. Purchases 42,195 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Robeco Institutional Asset Management B.V. boosted its holdings in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 55.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 118,414 shares of the business services provider's stock after buying an additional 42,195 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.58% of Heidrick & Struggles International worth $4,602,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Victory Capital Management Inc. increased its holdings in shares of Heidrick & Struggles International by 7.5% in the second quarter. Victory Capital Management Inc. now owns 5,705 shares of the business services provider's stock worth $180,000 after purchasing an additional 396 shares during the period. Keene & Associates Inc. grew its stake in Heidrick & Struggles International by 4.8% in the second quarter. Keene & Associates Inc. now owns 9,565 shares of the business services provider's stock worth $302,000 after purchasing an additional 435 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Heidrick & Struggles International by 7.1% in the second quarter. The Manufacturers Life Insurance Company now owns 7,738 shares of the business services provider's stock worth $244,000 after acquiring an additional 510 shares in the last quarter. Illinois Municipal Retirement Fund lifted its stake in shares of Heidrick & Struggles International by 4.9% in the 1st quarter. Illinois Municipal Retirement Fund now owns 12,218 shares of the business services provider's stock valued at $411,000 after purchasing an additional 571 shares during the period. Finally, State Board of Administration of Florida Retirement System boosted its holdings in shares of Heidrick & Struggles International by 7.2% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 10,418 shares of the business services provider's stock worth $351,000 after purchasing an additional 701 shares during the last quarter. Institutional investors own 90.13% of the company's stock.

Heidrick & Struggles International Stock Up 2.6 %

Shares of HSII traded up $1.19 during mid-day trading on Friday, hitting $47.53. 209,567 shares of the company's stock were exchanged, compared to its average volume of 122,321. The stock's 50-day simple moving average is $38.55 and its 200-day simple moving average is $35.75. Heidrick & Struggles International, Inc. has a 52 week low of $25.32 and a 52 week high of $47.81. The firm has a market cap of $970.09 million, a price-to-earnings ratio of 25.69, a price-to-earnings-growth ratio of 1.14 and a beta of 0.85.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last posted its earnings results 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 analyst estimates of $267.65 million. During the same quarter in the prior year, the business posted $0.73 EPS. Analysts forecast that Heidrick & Struggles International, Inc. will post 2.61 earnings per share for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 21st. Investors of record on Thursday, November 14th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.26%. The ex-dividend date is Thursday, November 14th. Heidrick & Struggles International's dividend payout ratio (DPR) is currently 32.43%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on HSII shares. StockNews.com upgraded Heidrick & Struggles International from a "hold" rating to a "buy" rating in a report on Wednesday. Truist Financial reissued a "hold" rating and set a $40.00 target price (up from $33.00) on shares of Heidrick & Struggles International in a report on Tuesday. Finally, Barrington Research reaffirmed an "outperform" rating and issued a $44.00 price target on shares of Heidrick & Struggles International in a report on Friday, September 20th.

About Heidrick & Struggles International

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.