Heidrick & Struggles International, Inc. (NASDAQ:HSII) Shares Sold by Corebridge Financial Inc.

Corebridge Financial Inc. reduced its position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 7.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,731 shares of the business services provider’s stock after selling 834 shares during the quarter. Corebridge Financial Inc. owned about 0.05% of Heidrick & Struggles International worth $475,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Heidrick & Struggles International by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 1,517,661 shares of the business services provider’s stock valued at $67,248,000 after buying an additional 14,035 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in Heidrick & Struggles International in the 4th quarter valued at about $173,000. Hillsdale Investment Management Inc. lifted its holdings in Heidrick & Struggles International by 0.7% in the 4th quarter. Hillsdale Investment Management Inc. now owns 114,100 shares of the business services provider’s stock valued at $5,056,000 after acquiring an additional 800 shares during the last quarter. American Century Companies Inc. boosted its position in shares of Heidrick & Struggles International by 125.9% during the 4th quarter. American Century Companies Inc. now owns 287,569 shares of the business services provider’s stock valued at $12,742,000 after purchasing an additional 160,257 shares in the last quarter. Finally, Summit Global Investments grew its stake in shares of Heidrick & Struggles International by 6.7% in the 4th quarter. Summit Global Investments now owns 17,313 shares of the business services provider’s stock worth $767,000 after purchasing an additional 1,083 shares during the last quarter. 90.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Heidrick & Struggles International

In other news, CEO Thomas L. Monahan bought 5,000 shares of the business’s stock in a transaction on Thursday, March 6th. The shares were bought at an average cost of $45.55 per share, with a total value of $227,750.00. Following the purchase, the chief executive officer now directly owns 144,834 shares in the company, valued at $6,597,188.70. This trade represents a 3.58 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 1.30% of the company’s stock.

Heidrick & Struggles International Stock Down 0.5 %

Shares of Heidrick & Struggles International stock opened at $39.16 on Wednesday. Heidrick & Struggles International, Inc. has a 12-month low of $29.03 and a 12-month high of $49.02. The firm has a market capitalization of $799.26 million, a PE ratio of 21.17, a price-to-earnings-growth ratio of 0.91 and a beta of 0.86. The stock’s fifty day moving average is $43.42 and its 200-day moving average is $43.17.

Heidrick & Struggles International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were issued a dividend of $0.15 per share. The ex-dividend date was Thursday, March 13th. This represents a $0.60 annualized dividend and a yield of 1.53%. Heidrick & Struggles International’s payout ratio is presently 150.00%.

Analyst Upgrades and Downgrades

Separately, Barrington Research increased their target price on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the company an “outperform” rating in a research note on Wednesday, March 5th.

Heidrick & Struggles International Profile

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.