New York State Common Retirement Fund cut its holdings in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 57.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,667 shares of the business services provider's stock after selling 10,200 shares during the quarter. New York State Common Retirement Fund's holdings in Heidrick & Struggles International were worth $340,000 at the end of the most recent quarter.
Other institutional investors also recently made changes to their positions in the company. Quest Partners LLC bought a new stake in shares of Heidrick & Struggles International in the third quarter worth $30,000. Gladius Capital Management LP bought a new stake in shares of Heidrick & Struggles International in the 3rd quarter worth about $31,000. Quantbot Technologies LP acquired a new stake in shares of Heidrick & Struggles International in the 3rd quarter valued at about $33,000. Orion Portfolio Solutions LLC bought a new position in shares of Heidrick & Struggles International during the third quarter worth about $207,000. Finally, HighTower Advisors LLC bought a new position in shares of Heidrick & Struggles International during the third quarter worth about $212,000. 90.13% of the stock is owned by institutional investors and hedge funds.
Heidrick & Struggles International Price Performance
Shares of NASDAQ:HSII traded up $1.11 during trading on Friday, reaching $46.83. 148,248 shares of the company's stock traded hands, compared to its average volume of 129,010. The company has a 50 day moving average of $44.50 and a 200-day moving average of $42.23. Heidrick & Struggles International, Inc. has a 12 month low of $29.03 and a 12 month high of $49.02. The stock has a market capitalization of $955.75 million, a P/E ratio of 25.31, a price-to-earnings-growth ratio of 0.91 and a beta of 0.80.
Heidrick & Struggles International Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, March 13th. This represents a $0.60 dividend on an annualized basis and a yield of 1.28%. Heidrick & Struggles International's dividend payout ratio is currently 150.00%.
Analyst Ratings Changes
A number of research firms have commented on HSII. Barrington Research increased their target price on Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an "outperform" rating in a report on Wednesday. Truist Financial restated a "hold" rating and set a $42.00 price objective (up from $40.00) on shares of Heidrick & Struggles International in a research note on Wednesday, December 4th.
View Our Latest Stock Report on HSII
Heidrick & Struggles International Profile
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Free Report)
Heidrick & Struggles International, Inc engages in provision of leadership consulting, culture shaping and senior-level executive search services. It offers its clients build leadership teams through facilitating the recruitment, management and deployment of senior executives. It operates under the following segments: Americas, Europe, Asia Pacific, Heidrick Consulting, and On Demand Talent Business.
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