Renaissance Technologies LLC Grows Stock Holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Renaissance Technologies LLC increased its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 3.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,106,640 shares of the business services provider's stock after acquiring an additional 39,800 shares during the quarter. Renaissance Technologies LLC owned about 5.42% of Heidrick & Struggles International worth $49,035,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of HSII. HighTower Advisors LLC bought a new position in shares of Heidrick & Struggles International in the 3rd quarter worth $212,000. Wellington Management Group LLP grew its stake in shares of Heidrick & Struggles International by 3.0% in the third quarter. Wellington Management Group LLP now owns 431,856 shares of the business services provider's stock worth $16,782,000 after acquiring an additional 12,640 shares in the last quarter. Orion Portfolio Solutions LLC acquired a new position in shares of Heidrick & Struggles International during the third quarter worth $207,000. Public Employees Retirement System of Ohio boosted its holdings in shares of Heidrick & Struggles International by 44.1% in the third quarter. Public Employees Retirement System of Ohio now owns 13,938 shares of the business services provider's stock valued at $542,000 after acquiring an additional 4,264 shares during the period. Finally, Barclays PLC boosted its holdings in shares of Heidrick & Struggles International by 280.9% in the third quarter. Barclays PLC now owns 37,476 shares of the business services provider's stock valued at $1,456,000 after acquiring an additional 27,637 shares in the last quarter. Hedge funds and other institutional investors own 90.13% of the company's stock.

Heidrick & Struggles International Stock Performance

Shares of NASDAQ HSII traded down $0.02 during midday trading on Wednesday, reaching $38.98. The stock had a trading volume of 18,200 shares, compared to its average volume of 140,325. Heidrick & Struggles International, Inc. has a twelve month low of $29.03 and a twelve month high of $49.02. The firm has a market cap of $795.58 million, a price-to-earnings ratio of 21.07, a price-to-earnings-growth ratio of 0.91 and a beta of 0.86. The company's 50 day moving average price is $42.78 and its 200 day moving average price is $43.27.

Heidrick & Struggles International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were paid a $0.15 dividend. The ex-dividend date was Thursday, March 13th. This represents a $0.60 annualized dividend and a yield of 1.54%. Heidrick & Struggles International's dividend payout ratio is currently 150.00%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Barrington Research boosted 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. Truist Financial lifted their price target on shares of Heidrick & Struggles International from $42.00 to $44.00 and gave the stock a "hold" rating in a research report on Tuesday.

Insiders Place Their Bets

In other news, CEO Thomas L. Monahan acquired 5,000 shares of the stock in a transaction on 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 owns 144,834 shares of the company's stock, valued at $6,597,188.70. This represents a 3.58 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.30% of the company's stock.

About Heidrick & Struggles International

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.