Vanguard Group Inc. Has $67.25 Million Stock Holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Vanguard Group Inc. increased its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 0.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,517,661 shares of the business services provider's stock after buying an additional 14,035 shares during the quarter. Vanguard Group Inc. owned about 7.44% of Heidrick & Struggles International worth $67,248,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. KLP Kapitalforvaltning AS acquired a new stake in shares of Heidrick & Struggles International during the 4th quarter worth $173,000. Orion Portfolio Solutions LLC acquired a new stake in Heidrick & Struggles International during the third quarter worth about $207,000. HighTower Advisors LLC bought a new position in Heidrick & Struggles International in the 3rd quarter valued at about $212,000. Allspring Global Investments Holdings LLC acquired a new position in shares of Heidrick & Struggles International in the 4th quarter valued at approximately $451,000. Finally, Amundi lifted its holdings in shares of Heidrick & Struggles International by 217.4% during the 4th quarter. Amundi now owns 13,101 shares of the business services provider's stock worth $579,000 after acquiring an additional 8,973 shares during the period. Institutional investors own 90.13% of the company's stock.

Heidrick & Struggles International Stock Performance

Shares of HSII traded down $0.28 during mid-day trading on Wednesday, reaching $38.72. The company had a trading volume of 5,640 shares, compared to its average volume of 153,945. The company has a market capitalization of $790.28 million, a price-to-earnings ratio of 21.07, a P/E/G ratio of 0.91 and a beta of 0.86. The company's 50 day simple moving average is $42.78 and its 200 day simple moving average is $43.27. Heidrick & Struggles International, Inc. has a 1-year low of $29.03 and a 1-year high of $49.02.

Heidrick & Struggles International Announces Dividend

The business also recently announced 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 was Thursday, March 13th. This represents a $0.60 dividend on an annualized basis and a yield of 1.55%. Heidrick & Struggles International's dividend payout ratio is currently 150.00%.

Analyst Ratings Changes

A number of research analysts recently issued reports on HSII shares. Barrington Research lifted their price objective on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the company an "outperform" rating in a research note on Wednesday, March 5th. Truist Financial lifted their price target on Heidrick & Struggles International from $42.00 to $44.00 and gave the company a "hold" rating in a research note on Tuesday.

Insiders Place Their Bets

In other 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 price of $45.55 per share, with a total value of $227,750.00. Following the acquisition, 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 position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 1.30% of the company's stock.

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.