Mak Capital One LLC Has $31.37 Million Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Mak Capital One LLC lifted its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 35.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 993,408 shares of the business services provider's stock after buying an additional 258,583 shares during the period. Heidrick & Struggles International makes up 7.5% of Mak Capital One LLC's investment portfolio, making the stock its 3rd largest holding. Mak Capital One LLC owned about 4.91% of Heidrick & Struggles International worth $31,372,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Pacer Advisors Inc. purchased a new position in Heidrick & Struggles International in the 2nd quarter valued at approximately $29,938,000. Wellington Management Group LLP increased its holdings in Heidrick & Struggles International by 95.0% during 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 acquiring an additional 108,916 shares in the last quarter. Invenomic Capital Management LP raised its position in Heidrick & Struggles International by 31.5% during the first quarter. Invenomic Capital Management LP now owns 389,950 shares of the business services provider's stock worth $13,126,000 after acquiring an additional 93,400 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Heidrick & Struggles International by 158.6% in the first quarter. Russell Investments Group Ltd. now owns 115,663 shares of the business services provider's stock valued at $3,893,000 after purchasing an additional 70,940 shares in the last quarter. Finally, Allianz Asset Management GmbH grew its position in shares of Heidrick & Struggles International by 37.7% in the fourth quarter. Allianz Asset Management GmbH now owns 163,130 shares of the business services provider's stock valued at $4,817,000 after purchasing an additional 44,652 shares during the last quarter. Institutional investors and hedge funds own 90.13% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. StockNews.com downgraded Heidrick & Struggles International from a "buy" rating to a "hold" rating in a research report on Tuesday, July 30th. Barrington Research reaffirmed an "outperform" rating and issued a $44.00 target price on shares of Heidrick & Struggles International in a research report on Friday, September 20th.

Insider Activity at Heidrick & Struggles International

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

Heidrick & Struggles International Price Performance

HSII traded up $0.58 during midday trading on Friday, hitting $38.06. 9,334 shares of the company's stock traded hands, compared to its average volume of 157,712. The company has a market cap of $770.64 million, a PE ratio of 14.79, a price-to-earnings-growth ratio of 0.91 and a beta of 0.85. Heidrick & Struggles International, Inc. has a one year low of $22.52 and a one year high of $41.94. The stock's fifty day simple moving average is $37.14 and its 200-day simple moving average is $34.13.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last released its quarterly earnings results on Monday, July 29th. The business services provider reported $0.67 EPS for the quarter, topping 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 business had revenue of $282.88 million for the quarter, compared to analyst estimates of $265.69 million. During the same period in the prior year, the company earned $0.73 EPS. On average, research analysts expect that Heidrick & Struggles International, Inc. will post 2.62 EPS for the current year.

Heidrick & Struggles International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 22nd. Shareholders of record on Friday, August 9th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, August 9th. This represents a $0.60 dividend on an annualized basis and a yield of 1.58%. Heidrick & Struggles International's payout ratio is presently 23.44%.

Heidrick & Struggles International Company Profile

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.