New York State Teachers Retirement System Has $1.28 Million Stock Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

New York State Teachers Retirement System cut its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 2.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 43,454 shares of the business services provider’s stock after selling 1,147 shares during the period. New York State Teachers Retirement System’s holdings in Heidrick & Struggles International were worth $1,283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of HSII. BlackRock Inc. raised its position in shares of Heidrick & Struggles International by 0.3% during the first quarter. BlackRock Inc. now owns 3,470,235 shares of the business services provider’s stock valued at $105,356,000 after buying an additional 10,599 shares during the last quarter. Vanguard Group Inc. raised its holdings in Heidrick & Struggles International by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 1,548,341 shares of the business services provider’s stock valued at $40,242,000 after acquiring an additional 10,331 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Heidrick & Struggles International by 3.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,352,364 shares of the business services provider’s stock worth $41,057,000 after acquiring an additional 50,859 shares during the period. Renaissance Technologies LLC lifted its position in shares of Heidrick & Struggles International by 2.3% in the 1st quarter. Renaissance Technologies LLC now owns 1,270,202 shares of the business services provider’s stock worth $50,275,000 after acquiring an additional 28,400 shares during the period. Finally, State Street Corp grew its holdings in shares of Heidrick & Struggles International by 0.8% during the 2nd quarter. State Street Corp now owns 746,880 shares of the business services provider’s stock worth $19,770,000 after purchasing an additional 5,757 shares in the last quarter. 90.13% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Truist Financial upped their target price on Heidrick & Struggles International from $27.00 to $30.00 and gave the company a “hold” rating in a research note on Tuesday, February 27th. TheStreet raised shares of Heidrick & Struggles International from a “c+” rating to a “b-” rating in a report on Monday, February 12th. Barrington Research reiterated an “outperform” rating and set a $40.00 target price on shares of Heidrick & Struggles International in a research report on Monday, March 4th. Finally, StockNews.com raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Tuesday, March 12th.

Heidrick & Struggles International Price Performance

Shares of NASDAQ:HSII opened at $29.42 on Thursday. The business’s fifty day moving average price is $31.54 and its two-hundred day moving average price is $28.73. Heidrick & Struggles International, Inc. has a fifty-two week low of $22.52 and a fifty-two week high of $35.38. The stock has a market capitalization of $594.58 million, a price-to-earnings ratio of 11.10, a price-to-earnings-growth ratio of 0.70 and a beta of 0.83.

Heidrick & Struggles International (NASDAQ:HSII) last issued its earnings results on Monday, February 26th. The business services provider reported $0.72 EPS for the quarter, beating the consensus estimate of $0.69 by $0.03. The company had revenue of $253.16 million for the quarter, compared to the consensus estimate of $248.17 million. Heidrick & Struggles International had a net margin of 5.23% and a return on equity of 13.81%. Research analysts expect that Heidrick & Struggles International, Inc. will post 2.69 EPS for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Friday, March 8th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.04%. The ex-dividend date was Thursday, March 7th. Heidrick & Struggles International’s payout ratio is 22.64%.

Heidrick & Struggles International 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.