Segall Bryant & Hamill LLC Purchases Shares of 27,275 Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Segall Bryant & Hamill LLC purchased a new position in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 27,275 shares of the business services provider's stock, valued at approximately $1,209,000. Segall Bryant & Hamill LLC owned about 0.13% of Heidrick & Struggles International at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in HSII. Victory Capital Management Inc. increased its stake in Heidrick & Struggles International by 218.3% during the 3rd quarter. Victory Capital Management Inc. now owns 18,159 shares of the business services provider's stock valued at $706,000 after buying an additional 12,454 shares during the period. Quest Partners LLC bought a new position in Heidrick & Struggles International during the 3rd quarter valued at $30,000. Intech Investment Management LLC bought a new position in Heidrick & Struggles International during the 3rd quarter valued at $261,000. Dynamic Technology Lab Private Ltd increased its position in shares of Heidrick & Struggles International by 5.9% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 17,196 shares of the business services provider's stock valued at $668,000 after purchasing an additional 964 shares during the period. Finally, Quantbot Technologies LP bought a new stake in shares of Heidrick & Struggles International in the 3rd quarter worth $33,000. 90.13% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on HSII shares. Truist Financial restated a "hold" rating and set a $42.00 price objective (up previously from $40.00) on shares of Heidrick & Struggles International in a research report on Wednesday, December 4th. Barrington Research raised their target price on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an "outperform" rating in a report on Wednesday, March 5th.

Insider Activity

In other news, CEO Thomas L. Monahan bought 5,000 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The shares were purchased at an average price of $45.55 per share, for a total transaction of $227,750.00. Following the acquisition, the chief executive officer now directly owns 144,834 shares of the company's stock, valued at $6,597,188.70. The trade was a 3.58 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 1.30% of the company's stock.

Heidrick & Struggles International Stock Down 0.4 %

Shares of HSII traded down $0.20 during midday trading on Wednesday, reaching $43.30. 9,569 shares of the stock were exchanged, compared to its average volume of 151,298. The company has a market cap of $883.65 million, a price-to-earnings ratio of 23.41, a P/E/G ratio of 0.91 and a beta of 0.80. The firm has a 50 day simple moving average of $44.09 and a 200-day simple moving average of $43.10. Heidrick & Struggles International, Inc. has a 12-month low of $29.03 and a 12-month high of $49.02.

Heidrick & Struggles International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were given a $0.15 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.39%. Heidrick & Struggles International's dividend payout ratio is currently 150.00%.

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.