Heidrick & Struggles International, Inc. (NASDAQ:HSII) Short Interest Update

Heidrick & Struggles International, Inc. (NASDAQ:HSII - Get Free Report) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 460,300 shares, a decline of 5.1% from the December 15th total of 484,900 shares. Based on an average daily trading volume, of 142,100 shares, the short-interest ratio is presently 3.2 days.

Analyst Ratings Changes

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

Heidrick & Struggles International Price Performance

HSII stock traded up $0.10 during trading on Friday, hitting $46.09. 80,366 shares of the company traded hands, compared to its average volume of 144,428. Heidrick & Struggles International has a 1 year low of $27.07 and a 1 year high of $49.02. The company has a market cap of $940.70 million, a PE ratio of 24.91, a P/E/G ratio of 0.95 and a beta of 0.88. The stock's 50-day simple moving average is $45.31 and its 200 day simple moving average is $40.05.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last announced its quarterly earnings results on Monday, November 4th. The business services provider reported $0.72 earnings per share (EPS) 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 posted $0.73 earnings per share. Research analysts expect that Heidrick & Struggles International will post 2.68 earnings per share for the current year.

Heidrick & Struggles International Announces Dividend

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

Hedge Funds Weigh In On Heidrick & Struggles International

A number of large investors have recently bought and sold shares of HSII. Victory Capital Management Inc. raised its stake in shares of Heidrick & Struggles International by 7.5% during the 2nd quarter. Victory Capital Management Inc. now owns 5,705 shares of the business services provider's stock worth $180,000 after buying an additional 396 shares during the period. American Century Companies Inc. raised its position in Heidrick & Struggles International by 43.8% during the second quarter. American Century Companies Inc. now owns 46,621 shares of the business services provider's stock worth $1,472,000 after acquiring an additional 14,209 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Heidrick & Struggles International by 2.2% during the second quarter. Dimensional Fund Advisors LP now owns 1,376,789 shares of the business services provider's stock valued at $43,479,000 after purchasing an additional 29,820 shares in the last quarter. Pacer Advisors Inc. acquired a new stake in shares of Heidrick & Struggles International in the second quarter valued at about $29,938,000. Finally, Sei Investments Co. increased its stake in shares of Heidrick & Struggles International by 147.8% during the second quarter. Sei Investments Co. now owns 32,401 shares of the business services provider's stock worth $1,023,000 after purchasing an additional 19,326 shares in the last quarter. Institutional investors and hedge funds own 90.13% of the company's stock.

About Heidrick & Struggles International

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.