American Century Companies Inc. Purchases 14,209 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

American Century Companies Inc. increased its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 43.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 46,621 shares of the business services provider's stock after purchasing an additional 14,209 shares during the quarter. American Century Companies Inc. owned approximately 0.23% of Heidrick & Struggles International worth $1,472,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Victory Capital Management Inc. lifted its holdings in shares of Heidrick & Struggles International by 7.5% during the 2nd quarter. Victory Capital Management Inc. now owns 5,705 shares of the business services provider's stock valued at $180,000 after buying an additional 396 shares during the last quarter. Illinois Municipal Retirement Fund lifted its stake in Heidrick & Struggles International by 4.9% in the first quarter. Illinois Municipal Retirement Fund now owns 12,218 shares of the business services provider's stock valued at $411,000 after acquiring an additional 571 shares during the last quarter. State Board of Administration of Florida Retirement System lifted its stake in Heidrick & Struggles International by 7.2% in the first quarter. State Board of Administration of Florida Retirement System now owns 10,418 shares of the business services provider's stock valued at $351,000 after acquiring an additional 701 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in Heidrick & Struggles International by 5.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 16,676 shares of the business services provider's stock worth $562,000 after acquiring an additional 863 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Heidrick & Struggles International by 0.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 263,579 shares of the business services provider's stock worth $8,324,000 after purchasing an additional 921 shares during the last quarter. 90.13% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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

Heidrick & Struggles International Stock Performance

Shares of HSII traded up $1.24 during mid-day trading on Monday, hitting $38.86. The company's stock had a trading volume of 162,771 shares, compared to its average volume of 157,953. The stock's 50-day moving average is $37.22 and its two-hundred day moving average is $34.21. The firm has a market capitalization of $786.84 million, a PE ratio of 14.70, 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.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $282.88 million during the quarter, compared to the consensus estimate of $265.69 million. During the same quarter last year, the company earned $0.73 EPS. Analysts expect that Heidrick & Struggles International, Inc. will post 2.62 EPS for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 22nd. Stockholders of record on Friday, August 9th were paid a $0.15 dividend. The ex-dividend date was Friday, August 9th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.54%. Heidrick & Struggles International's dividend payout ratio (DPR) is presently 23.44%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on HSII shares. Barrington Research reaffirmed an "outperform" rating and issued a $44.00 price objective on shares of Heidrick & Struggles International in a research note on Friday, September 20th. StockNews.com lowered Heidrick & Struggles International from a "buy" rating to a "hold" rating in a report on Tuesday, July 30th.

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.