Clark Estates Inc. NY Trims Holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Clark Estates Inc. NY reduced its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 10.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,117 shares of the business services provider's stock after selling 11,283 shares during the period. Heidrick & Struggles International makes up about 0.8% of Clark Estates Inc. NY's holdings, making the stock its 19th largest holding. Clark Estates Inc. NY owned 0.46% of Heidrick & Struggles International worth $4,126,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Allianz Asset Management GmbH boosted its stake in Heidrick & Struggles International by 39.2% during the fourth quarter. Allianz Asset Management GmbH now owns 599,411 shares of the business services provider's stock valued at $26,560,000 after buying an additional 168,912 shares during the period. Empowered Funds LLC boosted its stake in Heidrick & Struggles International by 43.4% during the third quarter. Empowered Funds LLC now owns 185,273 shares of the business services provider's stock valued at $7,200,000 after buying an additional 56,047 shares during the period. Systematic Financial Management LP boosted its stake in Heidrick & Struggles International by 8.4% during the third quarter. Systematic Financial Management LP now owns 554,298 shares of the business services provider's stock valued at $21,540,000 after buying an additional 43,087 shares during the period. Robeco Institutional Asset Management B.V. boosted its stake in Heidrick & Struggles International by 55.4% during 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 buying an additional 42,195 shares during the period. Finally, Jacobs Levy Equity Management Inc. boosted its stake in Heidrick & Struggles International by 16.0% during 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 buying an additional 30,998 shares during the period. 90.13% of the stock is owned by institutional investors.

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Heidrick & Struggles International Price Performance

HSII stock traded up $1.11 during mid-day trading on Friday, hitting $46.83. 148,248 shares of the stock were exchanged, compared to its average volume of 129,010. The business has a fifty day moving average price of $44.50 and a 200 day moving average price of $42.23. 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 $955.75 million, a price-to-earnings ratio of 25.31, a PEG ratio of 0.91 and a beta of 0.80.

Heidrick & Struggles International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.28%. The ex-dividend date is Thursday, March 13th. Heidrick & Struggles International's dividend payout ratio (DPR) is currently 150.00%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on HSII. Truist Financial reissued a "hold" rating and set a $42.00 price objective (up previously from $40.00) on shares of Heidrick & Struggles International in a research note on Wednesday, December 4th. Barrington Research lifted their price target on Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an "outperform" rating in a research note on Wednesday.

Heidrick & Struggles International 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.