Shell Asset Management Co. Sells 1,711 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Shell Asset Management Co. lessened its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSIIGet Rating) by 16.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,423 shares of the business services provider’s stock after selling 1,711 shares during the period. Shell Asset Management Co.’s holdings in Heidrick & Struggles International were worth $236,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of HSII. Captrust Financial Advisors raised its position in shares of Heidrick & Struggles International by 129.6% during the first quarter. Captrust Financial Advisors now owns 1,102 shares of the business services provider’s stock worth $44,000 after acquiring an additional 622 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in Heidrick & Struggles International by 384.1% during the 3rd quarter. Tower Research Capital LLC TRC now owns 3,287 shares of the business services provider’s stock valued at $86,000 after purchasing an additional 2,608 shares during the period. Mutual of America Capital Management LLC lifted its position in Heidrick & Struggles International by 18.6% during the 3rd quarter. Mutual of America Capital Management LLC now owns 3,927 shares of the business services provider’s stock valued at $102,000 after purchasing an additional 616 shares during the period. Lazard Asset Management LLC grew its position in shares of Heidrick & Struggles International by 54.0% during the 1st quarter. Lazard Asset Management LLC now owns 2,613 shares of the business services provider’s stock worth $103,000 after buying an additional 916 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in shares of Heidrick & Struggles International during the 4th quarter worth approximately $120,000. 90.33% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on HSII shares. Barrington Research lifted their target price on shares of Heidrick & Struggles International from $38.00 to $40.00 and gave the stock an “outperform” rating in a report on Friday, March 24th. TheStreet upgraded Heidrick & Struggles International from a “c+” rating to a “b-” rating in a report on Monday, February 6th. Finally, StockNews.com lowered Heidrick & Struggles International from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 21st.

Heidrick & Struggles International Stock Down 0.2 %

Shares of HSII stock opened at $24.51 on Wednesday. The firm has a market capitalization of $490.94 million, a price-to-earnings ratio of 6.54 and a beta of 0.83. The firm has a fifty day moving average of $29.11 and a 200-day moving average of $29.15. Heidrick & Struggles International, Inc. has a 12-month low of $22.79 and a 12-month high of $35.59.

Heidrick & Struggles International (NASDAQ:HSIIGet Rating) last announced its earnings results on Monday, February 27th. The business services provider reported $0.78 EPS for the quarter, topping the consensus estimate of $0.64 by $0.14. Heidrick & Struggles International had a net margin of 7.36% and a return on equity of 19.25%. The firm had revenue of $235.72 million for the quarter, compared to the consensus estimate of $224.98 million. Research analysts expect that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current year.

Heidrick & Struggles International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 19th. Investors of record on Friday, May 5th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date of this dividend is Thursday, May 4th. Heidrick & Struggles International’s payout ratio is presently 16.00%.

Heidrick & Struggles International Profile

(Get Rating)

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.

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Institutional Ownership by Quarter for Heidrick & Struggles International (NASDAQ:HSII)

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