Bailard Inc. Takes $260,000 Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Bailard Inc. purchased a new stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 8,800 shares of the business services provider’s stock, valued at approximately $260,000.

Other large investors have also recently bought and sold shares of the company. Quadrature Capital Ltd boosted its position in Heidrick & Struggles International by 22.7% during the 3rd quarter. Quadrature Capital Ltd now owns 10,514 shares of the business services provider’s stock worth $263,000 after acquiring an additional 1,946 shares during the period. Assenagon Asset Management S.A. increased its holdings in shares of 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 valued at $7,436,000 after purchasing an additional 129,644 shares during the period. First Eagle Investment Management LLC lifted its position in shares of Heidrick & Struggles International by 7.2% in the third quarter. First Eagle Investment Management LLC now owns 120,348 shares of the business services provider’s stock worth $3,011,000 after purchasing an additional 8,078 shares in the last quarter. Wellington Management Group LLP acquired a new stake in shares of Heidrick & Struggles International during the third quarter worth approximately $2,870,000. Finally, Barclays PLC grew its position in Heidrick & Struggles International by 37.3% during the third quarter. Barclays PLC now owns 23,566 shares of the business services provider’s stock valued at $589,000 after purchasing an additional 6,402 shares in the last quarter. 90.13% of the stock is owned by institutional investors and hedge funds.

Heidrick & Struggles International Stock Down 0.1 %

Shares of HSII opened at $30.26 on Monday. The firm has a market cap of $611.55 million, a price-to-earnings ratio of 11.42, a price-to-earnings-growth ratio of 0.70 and a beta of 0.83. The company’s fifty day moving average is $31.63 and its 200-day moving average is $28.97. 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. Heidrick & Struggles International had a net margin of 5.23% and a return on equity of 13.81%. The firm had revenue of $253.16 million during the quarter, compared to analysts’ expectations of $248.17 million. As a group, research analysts predict that Heidrick & Struggles International, Inc. will post 2.69 earnings per share for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The business 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 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date was Thursday, March 7th. Heidrick & Struggles International’s dividend payout ratio is 22.64%.

Analysts Set New Price Targets

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