Teacher Retirement System of Texas Has $2.76 Million Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Teacher Retirement System of Texas boosted its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 180.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 62,190 shares of the business services provider's stock after purchasing an additional 40,010 shares during the quarter. Teacher Retirement System of Texas owned about 0.30% of Heidrick & Struggles International worth $2,756,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Barclays PLC lifted its holdings in shares of Heidrick & Struggles International by 280.9% during the 3rd quarter. Barclays PLC now owns 37,476 shares of the business services provider's stock worth $1,456,000 after acquiring an additional 27,637 shares during the period. JPMorgan Chase & Co. lifted its stake in Heidrick & Struggles International by 21.0% during 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 lifted its stake in Heidrick & Struggles International by 3.9% during the third quarter. Geode Capital Management LLC now owns 495,513 shares of the business services provider's stock worth $19,259,000 after purchasing an additional 18,771 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of Heidrick & Struggles International by 3.0% in the 3rd quarter. Wellington Management Group LLP now owns 431,856 shares of the business services provider's stock valued at $16,782,000 after purchasing an additional 12,640 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Heidrick & Struggles International in the 4th quarter valued at $638,000. 90.13% of the stock is currently owned by institutional investors and hedge funds.

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Heidrick & Struggles International Stock Performance

Shares of Heidrick & Struggles International stock traded down $0.61 on Friday, hitting $43.48. The stock had a trading volume of 128,236 shares, compared to its average volume of 152,004. The stock has a 50 day moving average of $44.21 and a 200 day moving average of $42.97. 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 capitalization of $887.43 million, a P/E ratio of 23.50, a PEG ratio of 0.91 and a beta of 0.80.

Heidrick & Struggles International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a dividend of $0.15 per share. 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 1.38%. Heidrick & Struggles International's dividend payout ratio (DPR) is presently 150.00%.

Insider Buying and Selling

In related news, CEO Thomas L. Monahan acquired 5,000 shares of the business's stock in a transaction that occurred on Thursday, March 6th. The shares were bought at an average cost of $45.55 per share, with a total value of $227,750.00. Following the completion of the purchase, the chief executive officer now directly owns 144,834 shares in the company, valued at $6,597,188.70. The trade was a 3.58 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. 1.30% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

HSII has been the subject of several recent analyst reports. Truist Financial restated a "hold" rating and set a $42.00 price objective (up from $40.00) on shares of Heidrick & Struggles International in a research report on Wednesday, December 4th. Barrington Research increased 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.

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.