Heidrick & Struggles International, Inc. (NASDAQ:HSII) Sees Significant Drop in Short Interest

Heidrick & Struggles International, Inc. (NASDAQ:HSII - Get Free Report) was the recipient of a significant drop in short interest in January. As of January 31st, there was short interest totalling 407,000 shares, a drop of 9.2% from the January 15th total of 448,100 shares. Based on an average daily volume of 139,400 shares, the short-interest ratio is presently 2.9 days.

Heidrick & Struggles International Stock Down 2.0 %

HSII traded down $0.85 on Thursday, hitting $42.23. The company had a trading volume of 100,158 shares, compared to its average volume of 106,187. The company has a market cap of $861.87 million, a PE ratio of 22.83, a PEG ratio of 0.93 and a beta of 0.87. Heidrick & Struggles International has a 12-month low of $28.51 and a 12-month high of $49.02. The business's fifty day simple moving average is $45.09 and its 200 day simple moving average is $41.85.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on HSII shares. Barrington Research raised their price objective on Heidrick & Struggles International from $44.00 to $50.00 and gave the company an "outperform" rating in a research report on Monday, December 2nd. Truist Financial reiterated a "hold" rating and issued a $42.00 price target (up previously from $40.00) on shares of Heidrick & Struggles International in a research report on Wednesday, December 4th. Finally, StockNews.com upgraded Heidrick & Struggles International from a "hold" rating to a "buy" rating in a research report on Wednesday, November 6th.

Institutional Trading of Heidrick & Struggles International

Several institutional investors have recently added to or reduced their stakes in HSII. Creative Planning bought a new stake in Heidrick & Struggles International in the third quarter worth about $318,000. Everence Capital Management Inc. bought a new stake in shares of Heidrick & Struggles International during the third quarter valued at approximately $245,000. Assenagon Asset Management S.A. raised its stake in shares of Heidrick & Struggles International by 29.5% during the third quarter. Assenagon Asset Management S.A. now owns 73,432 shares of the business services provider's stock valued at $2,854,000 after acquiring an additional 16,748 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its stake in shares of 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 acquiring an additional 42,195 shares in the last quarter. Finally, Principal Financial Group Inc. raised its stake in shares of Heidrick & Struggles International by 8.6% during the third quarter. Principal Financial Group Inc. now owns 108,485 shares of the business services provider's stock valued at $4,216,000 after acquiring an additional 8,617 shares in the last quarter. Institutional investors own 90.13% of the company's stock.

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.