Heidrick & Struggles International, Inc. (NASDAQ:HSII) Short Interest Update

Heidrick & Struggles International, Inc. (NASDAQ:HSII - Get Free Report) saw a significant decline in short interest in September. As of September 30th, there was short interest totalling 404,400 shares, a decline of 5.4% from the September 15th total of 427,500 shares. Based on an average daily volume of 132,800 shares, the short-interest ratio is presently 3.0 days.

Analyst Ratings Changes

A number of research firms have weighed in on HSII. StockNews.com downgraded Heidrick & Struggles International from a "buy" rating to a "hold" rating in a research note on Tuesday, July 30th. Barrington Research reissued an "outperform" rating and issued a $44.00 price objective on shares of Heidrick & Struggles International in a report on Friday, September 20th.

Insider Activity

In related news, CFO Mark R. Harris sold 7,500 shares of the stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $40.70, for a total transaction of $305,250.00. Following the completion of the transaction, the chief financial officer now directly owns 65,953 shares in the company, valued at approximately $2,684,287.10. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CFO Mark R. Harris sold 7,500 shares of the stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $40.70, for a total transaction of $305,250.00. Following the completion of the transaction, the chief financial officer now owns 65,953 shares in the company, valued at approximately $2,684,287.10. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Sarah Payne sold 8,691 shares of Heidrick & Struggles International stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $40.40, for a total transaction of $351,116.40. Following the completion of the sale, the insider now owns 27,451 shares in the company, valued at $1,109,020.40. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company's stock.

Institutional Trading of Heidrick & Struggles International

Hedge funds and other institutional investors have recently modified their holdings of the stock. Wellington Management Group LLP grew its holdings in Heidrick & Struggles International by 95.0% in the 4th quarter. Wellington Management Group LLP now owns 223,616 shares of the business services provider's stock valued at $6,603,000 after buying an additional 108,916 shares in the last quarter. Quadrature Capital Ltd increased its position in Heidrick & Struggles International by 131.6% during the fourth quarter. Quadrature Capital Ltd now owns 24,349 shares of the business services provider's stock worth $719,000 after acquiring an additional 13,835 shares during the period. Allspring Global Investments Holdings LLC raised its stake in Heidrick & Struggles International by 1,382.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 3,824 shares of the business services provider's stock worth $129,000 after purchasing an additional 3,566 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in Heidrick & Struggles International by 15.8% in the 1st quarter. BNP Paribas Financial Markets now owns 44,753 shares of the business services provider's stock valued at $1,506,000 after purchasing an additional 6,110 shares during the period. Finally, LSV Asset Management grew its position in shares of Heidrick & Struggles International by 2.7% during the 1st quarter. LSV Asset Management now owns 309,558 shares of the business services provider's stock worth $10,420,000 after purchasing an additional 8,191 shares in the last quarter. Institutional investors own 90.13% of the company's stock.

Heidrick & Struggles International Stock Performance

NASDAQ:HSII traded down $0.02 during mid-day trading on Thursday, hitting $38.76. The stock had a trading volume of 126,991 shares, compared to its average volume of 153,340. Heidrick & Struggles International has a twelve month low of $22.52 and a twelve month high of $41.94. The stock has a market cap of $784.81 million, a price-to-earnings ratio of 15.14, a PEG ratio of 0.89 and a beta of 0.85. The company's 50 day simple moving average is $37.46 and its 200 day simple moving average is $34.69.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last released its quarterly earnings data on Monday, July 29th. The business services provider reported $0.67 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.56 by $0.11. Heidrick & Struggles International had a return on equity of 12.66% and a net margin of 3.59%. The company had revenue of $282.88 million during the quarter, compared to analysts' expectations of $265.69 million. During the same period last year, the firm posted $0.73 earnings per share. As a group, equities analysts forecast that Heidrick & Struggles International will post 2.62 earnings per share for the current year.

Heidrick & Struggles International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 22nd. Stockholders of record on Friday, August 9th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.55%. The ex-dividend date was Friday, August 9th. Heidrick & Struggles International's payout ratio is presently 23.44%.

About Heidrick & Struggles International

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, consulting, and on-demand talent services to businesses and business leaders worldwide. It enables its clients to build leadership teams by facilitating the recruitment, management, and development of senior executives.