Heidrick & Struggles International, Inc. (NASDAQ:HSII) Given Consensus Rating of “Hold” by Analysts

Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII – Get Rating) have received an average recommendation of “Hold” from the six ratings firms that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $45.33.

A number of brokerages have recently commented on HSII. Zacks Investment Research cut Heidrick & Struggles International from a “hold” rating to a “sell” rating in a research report on Monday, December 27th. StockNews.com started coverage on Heidrick & Struggles International in a report on Thursday, March 31st. They issued a “strong-buy” rating on the stock.

Shares of HSII stock opened at $39.82 on Monday. The firm’s fifty day simple moving average is $40.38. The company has a market cap of $780.15 million, a PE ratio of 11.09 and a beta of 0.76. Heidrick & Struggles International has a 12 month low of $37.08 and a 12 month high of $50.03.

Heidrick & Struggles International (NASDAQ:HSII – Get Rating) last issued its quarterly earnings results on Monday, February 28th. The business services provider reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.15. The company had revenue of $285.54 million during the quarter, compared to analysts’ expectations of $258.64 million. Heidrick & Struggles International had a net margin of 7.20% and a return on equity of 26.99%. As a group, sell-side analysts forecast that Heidrick & Struggles International will post 3.65 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, March 18th. Stockholders of record on Friday, March 4th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date was Thursday, March 3rd. Heidrick & Struggles International’s payout ratio is 16.71%.

In other Heidrick & Struggles International news, COO Michael M. Cullen sold 924 shares of the company’s stock in a transaction dated Friday, April 8th. The shares were sold at an average price of $39.15, for a total transaction of $36,174.60. Following the transaction, the chief operating officer now owns 24,579 shares in the company, valued at approximately $962,267.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Krishnan Rajagopalan sold 5,000 shares of Heidrick & Struggles International stock in a transaction that occurred on Wednesday, March 2nd. The stock was sold at an average price of $40.94, for a total transaction of $204,700.00. The disclosure for this sale can be found here. Insiders have sold 9,777 shares of company stock valued at $391,527 in the last three months. 1.70% of the stock is owned by insiders.

A number of hedge funds have recently modified their holdings of HSII. BlackRock Inc. grew its position in Heidrick & Struggles International by 1.3% in the 4th quarter. BlackRock Inc. now owns 3,217,782 shares of the business services provider’s stock worth $140,715,000 after purchasing an additional 39,935 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Heidrick & Struggles International by 0.4% in the 4th quarter. Principal Financial Group Inc. now owns 654,243 shares of the business services provider’s stock worth $28,610,000 after buying an additional 2,890 shares during the last quarter. Systematic Financial Management LP boosted its stake in shares of Heidrick & Struggles International by 7.4% in the 4th quarter. Systematic Financial Management LP now owns 561,254 shares of the business services provider’s stock worth $24,544,000 after buying an additional 38,488 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Heidrick & Struggles International by 19.3% in the fourth quarter. JPMorgan Chase & Co. now owns 501,861 shares of the business services provider’s stock worth $21,946,000 after acquiring an additional 81,079 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in Heidrick & Struggles International by 49.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 415,184 shares of the business services provider’s stock valued at $18,156,000 after acquiring an additional 137,629 shares during the last quarter. Institutional investors own 91.80% of the company’s stock.

Heidrick & Struggles International Company Profile (Get Rating)

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

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