LSV Asset Management Sells 39,169 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

LSV Asset Management lessened its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 13.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 247,128 shares of the business services provider's stock after selling 39,169 shares during the period. LSV Asset Management owned about 1.21% of Heidrick & Struggles International worth $10,950,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. KLP Kapitalforvaltning AS purchased a new position in Heidrick & Struggles International during the 4th quarter valued at about $173,000. Orion Portfolio Solutions LLC acquired a new position in Heidrick & Struggles International in the 3rd quarter valued at approximately $207,000. HighTower Advisors LLC purchased a new stake in Heidrick & Struggles International in the 3rd quarter worth approximately $212,000. ExodusPoint Capital Management LP acquired a new stake in shares of Heidrick & Struggles International during the 4th quarter valued at $425,000. Finally, O Shaughnessy Asset Management LLC acquired a new position in shares of Heidrick & Struggles International in the fourth quarter worth $445,000. Hedge funds and other institutional investors own 90.13% of the company's stock.

Heidrick & Struggles International Stock Down 2.2 %

Shares of NASDAQ:HSII traded down $0.85 on Friday, reaching $37.96. The company had a trading volume of 120,600 shares, compared to its average volume of 154,851. The stock has a market capitalization of $774.76 million, a P/E ratio of 20.52, a P/E/G ratio of 0.91 and a beta of 0.86. The stock has a 50-day moving average price of $42.50 and a 200 day moving average price of $43.23. Heidrick & Struggles International, Inc. has a twelve month low of $29.03 and a twelve month high of $49.02.

Heidrick & Struggles International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were issued a dividend of $0.15 per share. The ex-dividend date was Thursday, March 13th. This represents a $0.60 annualized dividend and a yield of 1.58%. Heidrick & Struggles International's dividend payout ratio (DPR) is presently 150.00%.

Analyst Upgrades and Downgrades

HSII has been the topic of a number of recent research reports. Barrington Research boosted their target price on Heidrick & Struggles International from $50.00 to $52.00 and gave the company an "outperform" rating in a research note on Wednesday, March 5th. Truist Financial raised their price objective on shares of Heidrick & Struggles International from $42.00 to $44.00 and gave the company a "hold" rating in a research report on Tuesday.

Insider Activity

In other 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 purchased at an average price of $45.55 per share, for a total transaction of $227,750.00. Following the acquisition, 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 position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 1.30% 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.