Heidrick & Struggles International (NASDAQ:HSII) Rating Lowered to Hold at StockNews.com

Heidrick & Struggles International (NASDAQ:HSII) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.

Several other equities research analysts also recently commented on HSII. TheStreet upgraded Heidrick & Struggles International from a “c” rating to a “b-” rating in a report on Tuesday, August 1st. Barrington Research restated an “outperform” rating and set a $40.00 price target on shares of Heidrick & Struggles International in a research note on Monday, August 7th.

Heidrick & Struggles International Stock Up 1.3 %

Shares of NASDAQ HSII opened at $24.88 on Friday. The firm has a market cap of $497.85 million, a PE ratio of 8.29 and a beta of 0.81. The company’s fifty day simple moving average is $27.04 and its 200 day simple moving average is $27.43. Heidrick & Struggles International has a 12-month low of $22.79 and a 12-month high of $35.15.

Heidrick & Struggles International (NASDAQ:HSII) last announced its quarterly earnings data on Monday, July 31st. The business services provider reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.04. The firm had revenue of $271.23 million for the quarter, compared to analyst estimates of $265.26 million. Heidrick & Struggles International had a net margin of 6.07% and a return on equity of 16.33%. On average, equities analysts predict that Heidrick & Struggles International will post 2.77 earnings per share for the current year.

Institutional Trading of Heidrick & Struggles International

Several institutional investors and hedge funds have recently modified their holdings of HSII. Captrust Financial Advisors grew its holdings in 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 buying an additional 622 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of Heidrick & Struggles International by 40.1% in the first quarter. Nisa Investment Advisors LLC now owns 2,133 shares of the business services provider’s stock valued at $65,000 after purchasing an additional 610 shares during the last quarter. Osaic Holdings Inc. lifted its position in shares of Heidrick & Struggles International by 196.0% during the second quarter. Osaic Holdings Inc. now owns 2,572 shares of the business services provider’s stock valued at $69,000 after purchasing an additional 1,703 shares in the last quarter. Banque Cantonale Vaudoise purchased a new position in Heidrick & Struggles International during the second quarter worth about $70,000. Finally, Point72 Middle East FZE grew its position in Heidrick & Struggles International by 36.6% in the 2nd quarter. Point72 Middle East FZE now owns 3,074 shares of the business services provider’s stock worth $81,000 after purchasing an additional 823 shares in the last quarter. 91.85% of the stock is owned by hedge funds and other institutional investors.

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.