Heidrick & Struggles International, Inc. (NASDAQ:HSII) Shares Sold by Comerica Bank

Comerica Bank trimmed its holdings in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 4.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,362 shares of the business services provider’s stock after selling 370 shares during the period. Comerica Bank’s holdings in Heidrick & Struggles International were worth $326,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of HSII. JPMorgan Chase & Co. increased its holdings in shares of 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 valued at $1,566,000 after purchasing an additional 6,990 shares during the period. SG Americas Securities LLC increased its holdings in shares of 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 valued at $605,000 after purchasing an additional 2,236 shares during the period. Inspire Investing LLC increased its holdings in shares of Heidrick & Struggles International by 160.1% during the fourth quarter. Inspire Investing LLC now owns 27,722 shares of the business services provider’s stock valued at $1,228,000 after purchasing an additional 17,062 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Heidrick & Struggles International during the fourth quarter valued at $638,000. Finally, Empowered Funds LLC increased its holdings in shares of Heidrick & Struggles International by 2.6% during the fourth quarter. Empowered Funds LLC now owns 190,168 shares of the business services provider’s stock valued at $8,426,000 after purchasing an additional 4,895 shares during the period. 90.13% of the stock is owned by institutional investors and hedge funds.

Heidrick & Struggles International Stock Performance

HSII opened at $43.05 on Friday. The business has a 50 day moving average price of $41.16 and a 200 day moving average price of $43.54. Heidrick & Struggles International, Inc. has a twelve month low of $30.20 and a twelve month high of $49.02. The firm has a market cap of $887.73 million, a P/E ratio of 23.27, a price-to-earnings-growth ratio of 0.91 and a beta of 0.98.

Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings results on Monday, May 5th. The business services provider reported $0.67 EPS for the quarter, hitting the consensus estimate of $0.67. The company had revenue of $287.44 million for the quarter, compared to the consensus estimate of $267.42 million. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. As a group, analysts anticipate that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Thursday, May 15th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.39%. The ex-dividend date of this dividend is Thursday, May 15th. Heidrick & Struggles International’s dividend payout ratio is 171.43%.

Insider Activity at Heidrick & Struggles International

In other news, CEO Thomas L. Monahan purchased 5,000 shares of the business’s stock in a transaction dated Thursday, March 6th. The shares were acquired at an average price of $45.55 per share, with a total value of $227,750.00. Following the completion of the purchase, the chief executive officer now directly owns 144,834 shares of the company’s stock, valued at $6,597,188.70. The trade was a 3.58% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.43% of the stock is owned by insiders.

Analyst Ratings Changes

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