Dimensional Fund Advisors LP Buys 29,820 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Dimensional Fund Advisors LP lifted its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 2.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,376,789 shares of the business services provider's stock after acquiring an additional 29,820 shares during the quarter. Dimensional Fund Advisors LP owned approximately 6.80% of Heidrick & Struggles International worth $43,479,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Keene & Associates Inc. grew its holdings in Heidrick & Struggles International by 4.8% during the second quarter. Keene & Associates Inc. now owns 9,565 shares of the business services provider's stock worth $302,000 after purchasing an additional 435 shares during the period. Meeder Asset Management Inc. bought a new position in Heidrick & Struggles International during the second quarter worth about $58,000. American Century Companies Inc. boosted its holdings in shares of Heidrick & Struggles International by 43.8% during the second quarter. American Century Companies Inc. now owns 46,621 shares of the business services provider's stock worth $1,472,000 after acquiring an additional 14,209 shares during the period. LSV Asset Management boosted its holdings in shares of Heidrick & Struggles International by 0.7% during the second quarter. LSV Asset Management now owns 311,632 shares of the business services provider's stock worth $9,841,000 after acquiring an additional 2,074 shares during the period. Finally, Acadian Asset Management LLC boosted its holdings in shares of Heidrick & Struggles International by 96.6% during the second quarter. Acadian Asset Management LLC now owns 46,356 shares of the business services provider's stock worth $1,460,000 after acquiring an additional 22,781 shares during the period. Institutional investors own 90.13% of the company's stock.

Heidrick & Struggles International Price Performance

HSII traded down $0.25 during trading on Tuesday, hitting $38.61. 113,759 shares of the stock traded hands, compared to its average volume of 157,719. Heidrick & Struggles International, Inc. has a twelve month low of $22.52 and a twelve month high of $41.94. The company has a market cap of $781.78 million, a price-to-earnings ratio of 15.08, a PEG ratio of 0.91 and a beta of 0.85. The business has a 50 day moving average price of $37.30 and a 200 day moving average price of $34.26.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last announced its quarterly earnings results on Monday, July 29th. The business services provider reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.11. The company had revenue of $282.88 million during the quarter, compared to the consensus estimate of $265.69 million. Heidrick & Struggles International had a net margin of 3.59% and a return on equity of 12.66%. During the same period in the prior year, the business earned $0.73 earnings per share. On average, equities research analysts predict that Heidrick & Struggles International, Inc. will post 2.62 earnings per share for the current year.

Heidrick & Struggles International Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages have recently issued reports on HSII. Barrington Research restated an "outperform" rating and set a $44.00 price objective on shares of Heidrick & Struggles International in a report on Friday, September 20th. StockNews.com cut Heidrick & Struggles International from a "buy" rating to a "hold" rating in a report on Tuesday, July 30th.

Insider Activity at Heidrick & Struggles International

In related news, insider Sarah Payne sold 8,691 shares of the stock in a transaction on Wednesday, July 31st. The stock was 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 directly owns 27,451 shares in the company, valued at $1,109,020.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Heidrick & Struggles International news, insider Sarah Payne sold 8,691 shares of the company's 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 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 transaction of $305,250.00. Following the sale, the chief financial officer now directly owns 65,953 shares in the company, valued at approximately $2,684,287.10. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by company insiders.

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.