Sei Investments Co. Decreases Stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Sei Investments Co. lessened its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 50.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 19,898 shares of the business services provider's stock after selling 20,643 shares during the quarter. Sei Investments Co. owned 0.10% of Heidrick & Struggles International worth $882,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of HSII. Orion Portfolio Solutions LLC acquired a new stake in Heidrick & Struggles International in the third quarter valued at about $207,000. HighTower Advisors LLC bought a new position in shares of Heidrick & Struggles International in the third quarter worth about $212,000. Centiva Capital LP acquired a new stake in shares of Heidrick & Struggles International in the 3rd quarter valued at approximately $416,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Heidrick & Struggles International during the 4th quarter valued at approximately $451,000. Finally, Public Employees Retirement System of Ohio increased its position in Heidrick & Struggles International by 44.1% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 13,938 shares of the business services provider's stock worth $542,000 after purchasing an additional 4,264 shares in the last quarter. Institutional investors own 90.13% of the company's stock.

Analysts Set New Price Targets

Separately, Barrington Research raised their target price 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.

Insiders Place Their Bets

In other news, CEO Thomas L. Monahan purchased 5,000 shares of the business's stock in a transaction on Thursday, March 6th. The shares were 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. The trade was a 3.58 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.30% of the company's stock.

Heidrick & Struggles International Stock Performance

Shares of Heidrick & Struggles International stock traded up $0.66 on Friday, hitting $41.16. The stock had a trading volume of 96,202 shares, compared to its average volume of 154,343. The firm has a market capitalization of $840.08 million, a P/E ratio of 22.25, a PEG ratio of 0.91 and a beta of 0.86. The stock has a 50 day moving average of $42.99 and a 200 day moving average of $43.27. Heidrick & Struggles International, Inc. has a twelve month low of $29.03 and a twelve month high of $49.02.

Heidrick & Struggles International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.46%. The ex-dividend date was Thursday, March 13th. Heidrick & Struggles International's dividend payout ratio is currently 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.