Heidrick & Struggles International, Inc. (NASDAQ:HSII) Shares Acquired by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. increased its position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 29.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 73,432 shares of the business services provider's stock after purchasing an additional 16,748 shares during the quarter. Assenagon Asset Management S.A. owned 0.36% of Heidrick & Struggles International worth $2,854,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pacer Advisors Inc. purchased a new position in Heidrick & Struggles International during the second quarter valued at approximately $29,938,000. Mak Capital One LLC raised its position in Heidrick & Struggles International by 35.2% during the second 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 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 valued at $13,126,000 after acquiring an additional 93,400 shares in the last quarter. Russell Investments Group Ltd. raised its position in Heidrick & Struggles International by 158.6% during 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 acquiring an additional 70,940 shares in the last quarter. Finally, AXA S.A. purchased a new position in Heidrick & Struggles International during the second quarter valued at approximately $970,000. Institutional investors and hedge funds own 90.13% of the company's stock.

Wall Street Analyst Weigh In

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

Heidrick & Struggles International Stock Down 0.9 %

Shares of Heidrick & Struggles International stock traded down $0.35 on Thursday, reaching $39.06. The company's stock had a trading volume of 102,624 shares, compared to its average volume of 151,524. The company has a market capitalization of $790.89 million, a P/E ratio of 15.34, a PEG ratio of 0.92 and a beta of 0.85. Heidrick & Struggles International, Inc. has a 52-week low of $23.98 and a 52-week high of $41.94. The stock has a 50-day moving average price of $37.82 and a 200-day moving average price of $35.15.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last released its quarterly earnings data on Monday, July 29th. The business services provider reported $0.67 earnings per share for the quarter, topping analysts' consensus estimates of $0.56 by $0.11. The company had revenue of $282.88 million for the quarter, compared to analyst estimates of $265.69 million. Heidrick & Struggles International had a return on equity of 12.66% and a net margin of 3.59%. During the same quarter in the previous year, the company posted $0.73 earnings per share. Sell-side analysts forecast that Heidrick & Struggles International, Inc. will post 2.62 earnings per share for the current fiscal year.

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.