Wells Fargo & Company MN Acquires 2,576 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Wells Fargo & Company MN boosted its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 27.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,827 shares of the business services provider’s stock after buying an additional 2,576 shares during the quarter. Wells Fargo & Company MN owned approximately 0.06% of Heidrick & Struggles International worth $524,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in HSII. Barclays PLC lifted its position in shares of Heidrick & Struggles International by 280.9% in the 3rd quarter. Barclays PLC now owns 37,476 shares of the business services provider’s stock worth $1,456,000 after purchasing an additional 27,637 shares during the period. JPMorgan Chase & Co. lifted its holdings in Heidrick & Struggles International by 21.0% during the third quarter. JPMorgan Chase & Co. now owns 40,305 shares of the business services provider’s stock worth $1,566,000 after buying an additional 6,990 shares during the period. SG Americas Securities LLC lifted its holdings in Heidrick & Struggles International by 19.6% during the fourth quarter. SG Americas Securities LLC now owns 13,650 shares of the business services provider’s stock worth $605,000 after buying an additional 2,236 shares during the period. Inspire Investing LLC boosted its position in Heidrick & Struggles International by 160.1% during the 4th quarter. Inspire Investing LLC now owns 27,722 shares of the business services provider’s stock valued at $1,228,000 after acquiring an additional 17,062 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Heidrick & Struggles International in the 4th quarter worth $638,000. 90.13% of the stock is owned by hedge funds and other institutional investors.

Heidrick & Struggles International Trading Up 1.4 %

Shares of NASDAQ:HSII opened at $39.71 on Friday. Heidrick & Struggles International, Inc. has a twelve month low of $29.03 and a twelve month high of $49.02. The company’s 50 day moving average is $41.42 and its 200 day moving average is $43.34. The company has a market cap of $819.02 million, a PE ratio of 21.46, a price-to-earnings-growth ratio of 0.91 and a beta of 0.98.

Heidrick & Struggles International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.51%. The ex-dividend date of this dividend was Thursday, March 13th. Heidrick & Struggles International’s dividend payout ratio (DPR) is 150.00%.

Insider Activity at Heidrick & Struggles International

In other news, CEO Thomas L. Monahan bought 5,000 shares of the stock in a transaction dated Thursday, March 6th. The shares were acquired 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. The trade was a 3.58 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 1.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Truist Financial raised their price objective on Heidrick & Struggles International from $42.00 to $44.00 and gave the company a “hold” rating in a research report on Tuesday, April 15th. Barrington Research lifted their price objective on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th.

About Heidrick & Struggles International

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.