Russell Investments Group Ltd. decreased its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 60.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,304 shares of the business services provider's stock after selling 20,141 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.07% of Heidrick & Struggles International worth $590,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in HSII. Barclays PLC increased its stake in Heidrick & Struggles International by 280.9% in the 3rd quarter. Barclays PLC now owns 37,476 shares of the business services provider's stock valued at $1,456,000 after buying an additional 27,637 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Heidrick & Struggles International by 21.0% in the third quarter. JPMorgan Chase & Co. now owns 40,305 shares of the business services provider's stock worth $1,566,000 after purchasing an additional 6,990 shares during the last quarter. Geode Capital Management LLC grew its stake in Heidrick & Struggles International by 3.9% in the 3rd quarter. Geode Capital Management LLC now owns 495,513 shares of the business services provider's stock valued at $19,259,000 after purchasing an additional 18,771 shares during the period. Vanguard Group Inc. raised its stake in shares of Heidrick & Struggles International by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 1,517,661 shares of the business services provider's stock worth $67,248,000 after purchasing an additional 14,035 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Heidrick & Struggles International in the 4th quarter worth about $638,000. Hedge funds and other institutional investors own 90.13% of the company's stock.
Insiders Place Their Bets
In related news, CEO Thomas L. Monahan acquired 5,000 shares of the firm's stock in a transaction that occurred on Thursday, March 6th. The shares were bought at an average cost of $45.55 per share, for a total transaction of $227,750.00. Following the purchase, the chief executive officer now owns 144,834 shares in the company, valued at $6,597,188.70. This trade represents a 3.58 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.30% of the company's stock.
Analyst Ratings Changes
HSII has been the topic of several research reports. Barrington Research lifted their price objective on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the stock 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 report on Tuesday, April 15th.
View Our Latest Stock Report on Heidrick & Struggles International
Heidrick & Struggles International Stock Up 2.3 %
NASDAQ HSII opened at $38.03 on Wednesday. The company has a market cap of $784.37 million, a PE ratio of 20.56, a price-to-earnings-growth ratio of 0.91 and a beta of 0.86. The firm's 50-day simple moving average is $42.06 and its two-hundred day simple moving average is $43.27. Heidrick & Struggles International, Inc. has a 52 week low of $29.03 and a 52 week high of $49.02.
Heidrick & Struggles International Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors 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 dividend on an annualized basis and a yield of 1.58%. Heidrick & Struggles International's dividend payout ratio is 150.00%.
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.
Read More
Want to see what other hedge funds are holding HSII? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report).
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