Prudential Financial Inc. Grows Stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Prudential Financial Inc. boosted its holdings in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 32.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,599 shares of the business services provider's stock after acquiring an additional 7,950 shares during the period. Prudential Financial Inc. owned 0.16% of Heidrick & Struggles International worth $1,444,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of HSII. Quantbot Technologies LP purchased a new stake in Heidrick & Struggles International during the 3rd quarter valued at about $33,000. KLP Kapitalforvaltning AS acquired a new position in Heidrick & Struggles International in the 4th quarter valued at about $173,000. Orion Portfolio Solutions LLC acquired a new position in Heidrick & Struggles International in the 3rd quarter valued at about $207,000. HighTower Advisors LLC acquired a new position in Heidrick & Struggles International in the 3rd quarter valued at about $212,000. Finally, Centiva Capital LP acquired a new position in shares of Heidrick & Struggles International in the 3rd quarter worth approximately $416,000. Hedge funds and other institutional investors own 90.13% of the company's stock.

Insider Buying and Selling at Heidrick & Struggles International

In other Heidrick & Struggles International news, CEO Thomas L. Monahan acquired 5,000 shares of the stock in a transaction dated Thursday, March 6th. The stock was acquired at an average price of $45.55 per share, with a total value of $227,750.00. Following the completion of the transaction, the chief executive officer now directly owns 144,834 shares in the company, valued at approximately $6,597,188.70. This trade represents a 3.58 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 1.30% of the company's stock.

Wall Street Analyst Weigh In

Separately, Barrington Research increased their price objective on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the company an "outperform" rating in a research report on Wednesday, March 5th.

Heidrick & Struggles International Trading Down 1.3 %

Shares of NASDAQ HSII traded down $0.55 during mid-day trading on Thursday, reaching $40.73. The company had a trading volume of 7,953 shares, compared to its average volume of 141,742. Heidrick & Struggles International, Inc. has a 52-week low of $29.03 and a 52-week high of $49.02. The stock has a market cap of $831.30 million, a P/E ratio of 22.02, a PEG ratio of 0.91 and a beta of 0.86. The firm has a 50 day simple moving average of $43.21 and a two-hundred day simple moving average of $43.18.

Heidrick & Struggles International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were given a dividend of $0.15 per share. The ex-dividend date was Thursday, March 13th. This represents a $0.60 dividend on an annualized basis and a yield of 1.47%. Heidrick & Struggles International's payout ratio is 150.00%.

Heidrick & Struggles International Company Profile

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.