Barclays PLC Buys 27,637 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Barclays PLC boosted its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 280.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 37,476 shares of the business services provider's stock after acquiring an additional 27,637 shares during the period. Barclays PLC owned 0.18% of Heidrick & Struggles International worth $1,456,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Quest Partners LLC purchased a new position in Heidrick & Struggles International during the third quarter valued at $30,000. Gladius Capital Management LP purchased a new position in Heidrick & Struggles International during the third quarter valued at $31,000. Quantbot Technologies LP purchased a new position in Heidrick & Struggles International during the third quarter valued at $33,000. Quarry LP purchased a new position in Heidrick & Struggles International during the second quarter valued at $44,000. Finally, Meeder Asset Management Inc. purchased a new position in Heidrick & Struggles International during the second quarter valued at $58,000. 90.13% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on HSII. StockNews.com raised shares of Heidrick & Struggles International from a "hold" rating to a "buy" rating in a research note on Wednesday, November 6th. Truist Financial reiterated a "hold" rating and set a $42.00 price objective (up previously 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 company an "outperform" rating in a research report on Monday, December 2nd.

Heidrick & Struggles International Stock Performance

HSII stock traded up $0.56 during trading on Monday, hitting $44.36. 144,426 shares of the company's stock traded hands, compared to its average volume of 119,589. Heidrick & Struggles International, Inc. has a 52 week low of $26.73 and a 52 week high of $49.02. The business has a fifty day simple moving average of $45.22 and a 200 day simple moving average of $39.62. The stock has a market capitalization of $905.34 million, a price-to-earnings ratio of 23.98, a P/E/G ratio of 1.06 and a beta of 0.88.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last released 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. The firm had revenue of $282.82 million during the quarter, compared to analyst estimates of $267.65 million. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. During the same quarter last year, the business earned $0.73 EPS. Research analysts forecast that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th were issued a $0.15 dividend. The ex-dividend date was Thursday, November 14th. This represents a $0.60 annualized dividend and a dividend yield of 1.35%. Heidrick & Struggles International's dividend payout ratio (DPR) is presently 32.43%.

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.