Axa S.A. Buys New Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

AXA S.A. acquired a new stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 30,713 shares of the business services provider's stock, valued at approximately $970,000. AXA S.A. owned approximately 0.15% of Heidrick & Struggles International as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Innealta Capital LLC acquired a new stake in shares of Heidrick & Struggles International in the 2nd quarter valued at approximately $29,000. DekaBank Deutsche Girozentrale acquired a new stake in Heidrick & Struggles International in the first quarter valued at approximately $32,000. Meeder Asset Management Inc. bought a new stake in shares of Heidrick & Struggles International during the second quarter worth $58,000. Allspring Global Investments Holdings LLC increased its holdings in shares of Heidrick & Struggles International by 1,382.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 3,824 shares of the business services provider's stock worth $129,000 after buying an additional 3,566 shares in the last quarter. Finally, Victory Capital Management Inc. boosted 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 acquiring an additional 396 shares in the last quarter. Institutional investors own 90.13% of the company's stock.

Insider Activity

In other Heidrick & Struggles International news, CFO Mark R. Harris sold 7,500 shares of Heidrick & Struggles International stock in a transaction that occurred on Wednesday, July 31st. The stock was 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 directly owns 65,953 shares in the company, valued at $2,684,287.10. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, CFO Mark R. Harris sold 7,500 shares of the company's stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $40.70, for a total transaction of $305,250.00. Following the transaction, the chief financial officer now owns 65,953 shares in the company, valued at $2,684,287.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 completion of the sale, the insider now owns 27,451 shares of the company's stock, valued at $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 Stock Down 1.6 %

HSII traded down $0.60 during midday trading on Wednesday, hitting $38.01. 77,956 shares of the company were exchanged, compared to its average volume of 157,299. The firm's 50 day moving average price is $37.38 and its 200-day moving average price is $34.31. Heidrick & Struggles International, Inc. has a 1-year low of $22.52 and a 1-year high of $41.94. The firm has a market capitalization of $769.63 million, a P/E ratio of 14.89, a P/E/G ratio of 0.91 and a beta of 0.85.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last posted 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 for the quarter, compared to analyst estimates of $265.69 million. During the same period in the previous year, the firm earned $0.73 earnings per share. On average, sell-side analysts predict that Heidrick & Struggles International, Inc. will post 2.62 earnings per share for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The firm 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 1.58%. The ex-dividend date was Friday, August 9th. Heidrick & Struggles International's dividend payout ratio (DPR) is presently 23.44%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on HSII shares. StockNews.com downgraded Heidrick & Struggles International from a "buy" rating to a "hold" rating in a research report on Tuesday, July 30th. Barrington Research reiterated an "outperform" rating and set a $44.00 target price on shares of Heidrick & Struggles International in a research report on Friday, September 20th.

Heidrick & Struggles International 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.