Systematic Financial Management LP Buys 43,087 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Systematic Financial Management LP boosted its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 8.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 554,298 shares of the business services provider's stock after buying an additional 43,087 shares during the quarter. Systematic Financial Management LP owned approximately 2.72% of Heidrick & Struggles International worth $21,540,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Innealta Capital LLC purchased a new stake in Heidrick & Struggles International during the 2nd quarter worth about $29,000. Quest Partners LLC purchased a new position in shares of Heidrick & Struggles International during the 3rd quarter valued at about $30,000. Gladius Capital Management LP purchased a new position in shares of Heidrick & Struggles International during the 3rd quarter valued at about $31,000. DekaBank Deutsche Girozentrale purchased a new position in shares of Heidrick & Struggles International during the 1st quarter valued at about $32,000. Finally, Quantbot Technologies LP purchased a new position in shares of Heidrick & Struggles International during the 3rd quarter valued at about $33,000. Institutional investors own 90.13% of the company's stock.

Heidrick & Struggles International Trading Down 2.1 %

Shares of NASDAQ:HSII traded down $0.98 during mid-day trading on Thursday, reaching $44.84. The stock had a trading volume of 205,719 shares, compared to its average volume of 151,233. The company has a market cap of $915.18 million, a P/E ratio of 24.77, a price-to-earnings-growth ratio of 1.08 and a beta of 0.88. Heidrick & Struggles International, Inc. has a 1 year low of $26.52 and a 1 year high of $49.02. The business's 50 day moving average price is $41.76 and its 200 day moving average price is $37.61.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last issued its quarterly earnings data on Monday, November 4th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.68 by $0.04. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. The business had revenue of $282.82 million for the quarter, compared to the consensus estimate of $267.65 million. During the same period in the prior year, the business posted $0.73 earnings per share. Analysts predict that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 14th were paid a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $0.60 annualized dividend and a yield of 1.34%. Heidrick & Struggles International's dividend payout ratio (DPR) is currently 32.43%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. StockNews.com upgraded Heidrick & Struggles International from a "hold" rating to a "buy" rating in a research report on Wednesday, November 6th. Barrington Research lifted their price objective on Heidrick & Struggles International from $44.00 to $50.00 and gave the stock an "outperform" rating in a research report on Monday. Finally, Truist Financial restated a "hold" rating and set a $42.00 price target (up from $40.00) on shares of Heidrick & Struggles International in a research report on Wednesday.

Heidrick & Struggles International Company Profile

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, consulting, and on-demand talent services to businesses and business leaders worldwide. It enables its clients to build leadership teams by facilitating the recruitment, management, and development of senior executives.