Icon Advisers Inc. Co. Makes New $1.24 Million Investment in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Icon Advisers Inc. Co. bought a new position in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 28,000 shares of the business services provider's stock, valued at approximately $1,241,000. Icon Advisers Inc. Co. owned about 0.14% of Heidrick & Struggles International as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Barclays PLC raised its stake in shares of Heidrick & Struggles International by 280.9% in the 3rd quarter. Barclays PLC now owns 37,476 shares of the business services provider's stock worth $1,456,000 after buying an additional 27,637 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Heidrick & Struggles International by 21.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 40,305 shares of the business services provider's stock valued at $1,566,000 after acquiring an additional 6,990 shares in the last quarter. Geode Capital Management LLC lifted its position in Heidrick & Struggles International by 3.9% in the 3rd quarter. Geode Capital Management LLC now owns 495,513 shares of the business services provider's stock worth $19,259,000 after buying an additional 18,771 shares in the last quarter. Vanguard Group Inc. grew its stake in Heidrick & Struggles International by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 1,517,661 shares of the business services provider's stock valued at $67,248,000 after purchasing an additional 14,035 shares in the last quarter. Finally, Wellington Management Group LLP increased its holdings in Heidrick & Struggles International by 3.0% in the third quarter. Wellington Management Group LLP now owns 431,856 shares of the business services provider's stock worth $16,782,000 after buying an additional 12,640 shares during the last quarter. 90.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Heidrick & Struggles International news, CEO Thomas L. Monahan acquired 5,000 shares of the business's stock in a transaction that occurred on Thursday, March 6th. The shares were acquired at an average cost of $45.55 per share, for a total transaction of $227,750.00. Following the completion of the acquisition, the chief executive officer now directly owns 144,834 shares of the company's stock, valued at approximately $6,597,188.70. This represents a 3.58 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.30% of the stock is currently owned by insiders.

Heidrick & Struggles International Trading Down 2.2 %

NASDAQ HSII traded down $0.85 during trading hours on Friday, reaching $37.96. 120,600 shares of the company's stock were exchanged, compared to its average volume of 154,851. The firm has a fifty day moving average of $42.50 and a 200-day moving average of $43.23. Heidrick & Struggles International, Inc. has a one year low of $29.03 and a one year high of $49.02. The stock has a market cap of $774.76 million, a PE ratio of 20.52, a price-to-earnings-growth ratio of 0.91 and a beta of 0.86.

Heidrick & Struggles International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were given a dividend of $0.15 per share. The ex-dividend date was Thursday, March 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.58%. Heidrick & Struggles International's payout ratio is currently 150.00%.

Analyst Ratings Changes

Several analysts recently weighed in on HSII shares. Truist Financial increased their target price on Heidrick & Struggles International from $42.00 to $44.00 and gave the company a "hold" rating in a research note on Tuesday. Barrington Research increased their price objective on Heidrick & Struggles International from $50.00 to $52.00 and gave the company an "outperform" rating in a research report on Wednesday, March 5th.

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.