Kennondale Capital Management LLC acquired a new stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 20,338 shares of the business services provider's stock, valued at approximately $901,000. Kennondale Capital Management LLC owned about 0.10% of Heidrick & Struggles International as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in HSII. Allianz Asset Management GmbH boosted its stake in Heidrick & Struggles International by 39.2% in the 4th quarter. Allianz Asset Management GmbH now owns 599,411 shares of the business services provider's stock worth $26,560,000 after buying an additional 168,912 shares during the last quarter. Systematic Financial Management LP boosted its stake in Heidrick & Struggles International by 8.4% in the 3rd quarter. Systematic Financial Management LP now owns 554,298 shares of the business services provider's stock worth $21,540,000 after buying an additional 43,087 shares during the last quarter. Geode Capital Management LLC boosted its stake 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 during the last quarter. Wellington Management Group LLP boosted its stake in Heidrick & Struggles International by 3.0% in the 3rd 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. Finally, Hotchkis & Wiley Capital Management LLC boosted its stake in Heidrick & Struggles International by 1.6% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 275,306 shares of the business services provider's stock worth $10,698,000 after buying an additional 4,400 shares during the last quarter. Institutional investors and hedge funds own 90.13% of the company's stock.
Wall Street Analyst Weigh In
HSII has been the topic of a number of research reports. Truist Financial restated a "hold" rating and issued a $42.00 price objective (up from $40.00) on shares of Heidrick & Struggles International in a report on Wednesday, December 4th. Barrington Research raised their price objective on Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an "outperform" rating in a report on Wednesday, March 5th.
Check Out Our Latest Analysis on HSII
Heidrick & Struggles International Trading Down 1.1 %
Shares of Heidrick & Struggles International stock traded down $0.47 during trading hours on Friday, reaching $42.33. The stock had a trading volume of 707,932 shares, compared to its average volume of 142,937. The firm has a 50 day simple moving average of $44.38 and a two-hundred day simple moving average of $42.68. The firm has a market capitalization of $863.96 million, a price-to-earnings ratio of 22.88, a P/E/G ratio of 0.91 and a beta of 0.80. Heidrick & Struggles International, Inc. has a 1 year low of $29.03 and a 1 year high of $49.02.
Heidrick & Struggles International Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.60 annualized dividend and a dividend yield of 1.42%. Heidrick & Struggles International's payout ratio is currently 150.00%.
Insider Activity at Heidrick & Struggles International
In related news, CEO Thomas L. Monahan bought 5,000 shares of the company'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 acquisition, the chief executive officer now owns 144,834 shares in the company, valued at $6,597,188.70. This represents a 3.58 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 1.30% of the company's stock.
Heidrick & Struggles International Company Profile
(
Free Report)
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.
See Also
Before you consider Heidrick & Struggles International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Heidrick & Struggles International wasn't on the list.
While Heidrick & Struggles International currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
