Heidrick & Struggles International, Inc. (NASDAQ:HSII) CEO Thomas L. Monahan Acquires 5,000 Shares

Heidrick & Struggles International, Inc. (NASDAQ:HSII - Get Free Report) CEO Thomas L. Monahan bought 5,000 shares of the business's stock in a transaction that occurred on Thursday, March 6th. The stock was acquired at an average cost of $45.55 per share, for a total transaction of $227,750.00. Following the completion of the purchase, the chief executive officer now directly owns 144,834 shares of the company's stock, valued at $6,597,188.70. The trade was a 3.58 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Heidrick & Struggles International Price Performance

HSII traded down $2.25 on Wednesday, hitting $43.54. The company had a trading volume of 209,571 shares, compared to its average volume of 141,356. The stock has a fifty day simple moving average of $44.59 and a 200-day simple moving average of $42.48. The firm has a market capitalization of $888.65 million, a P/E ratio of 23.54, a P/E/G ratio of 0.91 and a beta of 0.80. Heidrick & Struggles International, Inc. has a 52-week low of $29.03 and a 52-week high of $49.02.

Heidrick & Struggles International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date is Thursday, March 13th. Heidrick & Struggles International's payout ratio is presently 150.00%.

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Hedge Funds Weigh In On Heidrick & Struggles International

A number of institutional investors have recently added to or reduced their stakes in HSII. Quest Partners LLC purchased a new stake in shares of Heidrick & Struggles International in the 3rd quarter worth about $30,000. Gladius Capital Management LP bought a new stake in Heidrick & Struggles International during the third quarter worth about $31,000. Quantbot Technologies LP bought a new stake in Heidrick & Struggles International during the third quarter worth about $33,000. KLP Kapitalforvaltning AS purchased a new stake in Heidrick & Struggles International in the fourth quarter worth about $173,000. Finally, Orion Portfolio Solutions LLC bought a new position in shares of Heidrick & Struggles International during the third quarter valued at approximately $207,000. Institutional investors own 90.13% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on HSII. Truist Financial reissued a "hold" rating and set a $42.00 target price (up from $40.00) on shares of Heidrick & Struggles International in a research note on Wednesday, December 4th. Barrington Research boosted their price objective on shares of 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.