Applied Fundamental Research LLC decreased its holdings in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 33.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 291,791 shares of the business services provider's stock after selling 144,607 shares during the quarter. Heidrick & Struggles International comprises approximately 10.1% of Applied Fundamental Research LLC's portfolio, making the stock its 5th biggest holding. Applied Fundamental Research LLC owned approximately 1.43% of Heidrick & Struggles International worth $12,929,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in HSII. Royce & Associates LP lifted its holdings in shares of Heidrick & Struggles International by 88.6% in the fourth quarter. Royce & Associates LP now owns 58,054 shares of the business services provider's stock worth $2,572,000 after buying an additional 27,279 shares in the last quarter. Swiss National Bank increased its holdings in Heidrick & Struggles International by 1.3% during the 4th quarter. Swiss National Bank now owns 40,000 shares of the business services provider's stock worth $1,772,000 after acquiring an additional 500 shares during the period. Amundi lifted its stake in Heidrick & Struggles International by 217.4% in the 4th quarter. Amundi now owns 13,101 shares of the business services provider's stock worth $579,000 after purchasing an additional 8,973 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in Heidrick & Struggles International by 12.0% in the 4th quarter. Victory Capital Management Inc. now owns 20,338 shares of the business services provider's stock valued at $901,000 after purchasing an additional 2,179 shares during the period. Finally, Allianz Asset Management GmbH grew its position in shares of Heidrick & Struggles International by 39.2% during the 4th quarter. Allianz Asset Management GmbH now owns 599,411 shares of the business services provider's stock valued at $26,560,000 after purchasing an additional 168,912 shares in the last quarter. Hedge funds and other institutional investors own 90.13% of the company's stock.
Heidrick & Struggles International Trading Down 1.5 %
Shares of NASDAQ:HSII traded down $0.65 during trading on Thursday, reaching $42.80. The company had a trading volume of 104,667 shares, compared to its average volume of 140,713. Heidrick & Struggles International, Inc. has a 12 month low of $29.03 and a 12 month high of $49.02. The stock has a market capitalization of $873.55 million, a P/E ratio of 23.14, a price-to-earnings-growth ratio of 0.91 and a beta of 0.80. The company has a fifty day moving average of $44.44 and a two-hundred day moving average of $42.65.
Heidrick & Struggles International Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.40%. Heidrick & Struggles International's dividend payout ratio is 150.00%.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the company. Barrington Research increased their price objective on Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 5th. Truist Financial reaffirmed a "hold" rating and issued a $42.00 price target (up previously from $40.00) on shares of Heidrick & Struggles International in a report on Wednesday, December 4th.
Check Out Our Latest Stock Report on HSII
Insider Buying and Selling
In other Heidrick & Struggles International news, CEO Thomas L. Monahan purchased 5,000 shares of the firm's stock in a transaction on Thursday, March 6th. The shares were purchased at an average cost of $45.55 per share, with a total value of $227,750.00. Following the completion of the purchase, the chief executive officer now owns 144,834 shares of the company's stock, valued at $6,597,188.70. The trade was a 3.58 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.30% of the stock is currently owned by corporate insiders.
Heidrick & Struggles International Profile
(
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.
Featured Articles
Before you consider Heidrick & Struggles International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Heidrick & Struggles International wasn't on the list.
While Heidrick & Struggles International currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
