Mirae Asset Global Investments Co. Ltd. Grows Stock Holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Mirae Asset Global Investments Co. Ltd. raised its position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 31.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 26,592 shares of the business services provider’s stock after buying an additional 6,399 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Heidrick & Struggles International were worth $785,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Denali Advisors LLC increased its holdings in Heidrick & Struggles International by 70.6% in the 3rd quarter. Denali Advisors LLC now owns 8,700 shares of the business services provider’s stock worth $218,000 after buying an additional 3,600 shares during the period. Inspire Investing LLC purchased a new stake in Heidrick & Struggles International in the 3rd quarter worth approximately $617,000. Teacher Retirement System of Texas boosted its position in Heidrick & Struggles International by 3.8% in the 3rd quarter. Teacher Retirement System of Texas now owns 15,044 shares of the business services provider’s stock worth $376,000 after purchasing an additional 548 shares in the last quarter. LSV Asset Management boosted its position in Heidrick & Struggles International by 4.0% in the 3rd quarter. LSV Asset Management now owns 305,767 shares of the business services provider’s stock worth $7,650,000 after purchasing an additional 11,838 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its position in Heidrick & Struggles International by 77.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 297,188 shares of the business services provider’s stock worth $7,436,000 after purchasing an additional 129,644 shares in the last quarter. 90.13% of the stock is owned by hedge funds and other institutional investors.

Heidrick & Struggles International Trading Up 0.3 %

Shares of NASDAQ:HSII opened at $30.87 on Thursday. The business has a 50-day moving average price of $31.57 and a 200 day moving average price of $28.89. The company has a market capitalization of $623.88 million, a price-to-earnings ratio of 11.65, a PEG ratio of 0.71 and a beta of 0.83. Heidrick & Struggles International, Inc. has a 12-month low of $22.52 and a 12-month high of $35.38.

Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings data on Monday, February 26th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The firm had revenue of $253.16 million during the quarter, compared to the consensus estimate of $248.17 million. Heidrick & Struggles International had a return on equity of 13.81% and a net margin of 5.23%. As a group, equities research analysts predict that Heidrick & Struggles International, Inc. will post 2.69 earnings per share for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Friday, March 8th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date was Thursday, March 7th. Heidrick & Struggles International’s payout ratio is 22.64%.

Analyst Upgrades and Downgrades

HSII has been the topic of several recent research reports. StockNews.com upgraded Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Tuesday, March 12th. TheStreet upgraded Heidrick & Struggles International from a “c+” rating to a “b-” rating in a research 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, Truist Financial increased their target price on Heidrick & Struggles International from $27.00 to $30.00 and gave the company a “hold” rating in a research report on Tuesday, February 27th.

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.