Heidrick & Struggles International, Inc. (NASDAQ:HSII) Shares Acquired by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC boosted its position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 246.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,479 shares of the business services provider's stock after acquiring an additional 24,526 shares during the quarter. Exchange Traded Concepts LLC owned 0.17% of Heidrick & Struggles International worth $1,340,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of HSII. Pacer Advisors Inc. purchased a new position in Heidrick & Struggles International during the 2nd quarter valued at about $29,938,000. Mak Capital One LLC boosted its holdings in Heidrick & Struggles International by 35.2% during the 2nd quarter. Mak Capital One LLC now owns 993,408 shares of the business services provider's stock valued at $31,372,000 after acquiring an additional 258,583 shares during the period. Wellington Management Group LLP boosted 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 during the period. Invenomic Capital Management LP boosted its holdings in Heidrick & Struggles International by 31.5% during the 1st quarter. Invenomic Capital Management LP now owns 389,950 shares of the business services provider's stock valued at $13,126,000 after acquiring an additional 93,400 shares during the period. Finally, Russell Investments Group Ltd. boosted its holdings in Heidrick & Struggles International by 158.6% during the 1st quarter. Russell Investments Group Ltd. now owns 115,663 shares of the business services provider's stock valued at $3,893,000 after acquiring an additional 70,940 shares during the period. 90.13% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HSII has been the topic of a number of analyst reports. Barrington Research reaffirmed an "outperform" rating and issued a $44.00 price target on shares of Heidrick & Struggles International in a research report on Friday, September 20th. StockNews.com lowered Heidrick & Struggles International from a "buy" rating to a "hold" rating in a research report on Tuesday, July 30th.

Insider Transactions at Heidrick & Struggles International

In other news, insider Sarah Payne sold 8,691 shares of the firm's stock in a transaction dated Wednesday, July 31st. The stock was 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 approximately $1,109,020.40. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing 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 Heidrick & Struggles International stock in a transaction that occurred 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 transaction, the insider now owns 27,451 shares of the company's stock, valued at $1,109,020.40. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Mark R. Harris sold 7,500 shares of the stock in a transaction that occurred 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 directly owns 65,953 shares of the company's stock, valued at $2,684,287.10. 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.

Heidrick & Struggles International Stock Performance

HSII stock traded down $0.02 during mid-day trading on Thursday, reaching $38.76. The company had a trading volume of 126,991 shares, compared to its average volume of 153,340. The company has a market capitalization of $784.81 million, a price-to-earnings ratio of 15.14, a price-to-earnings-growth ratio of 0.89 and a beta of 0.85. The firm has a fifty day simple moving average of $37.46 and a 200 day simple moving average of $34.69. Heidrick & Struggles International, Inc. has a fifty-two week low of $22.52 and a fifty-two week high of $41.94.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last issued its earnings results on Monday, July 29th. The business services provider reported $0.67 earnings per share for the quarter, topping the consensus estimate 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 quarter last year, the company earned $0.73 EPS. As a group, analysts predict that Heidrick & Struggles International, Inc. will post 2.62 earnings per share for the current 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 given a dividend of $0.15 per share. 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 dividend payout ratio (DPR) 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.