Jane Street Group LLC Purchases 22,798 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Jane Street Group LLC grew its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 259.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,595 shares of the business services provider’s stock after purchasing an additional 22,798 shares during the quarter. Jane Street Group LLC owned approximately 0.15% of Heidrick & Struggles International worth $1,400,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of HSII. Vanguard Group Inc. lifted its holdings in shares of Heidrick & Struggles International by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 1,517,661 shares of the business services provider’s stock worth $67,248,000 after buying an additional 14,035 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Heidrick & Struggles International by 3.7% in the fourth quarter. Renaissance Technologies LLC now owns 1,106,640 shares of the business services provider’s stock worth $49,035,000 after buying an additional 39,800 shares in the last quarter. Allianz Asset Management GmbH lifted its holdings in shares of Heidrick & Struggles International by 39.2% in the fourth quarter. Allianz Asset Management GmbH now owns 599,411 shares of the business services provider’s stock worth $26,560,000 after buying an additional 168,912 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Heidrick & Struggles International by 125.9% in the fourth quarter. American Century Companies Inc. now owns 287,569 shares of the business services provider’s stock worth $12,742,000 after buying an additional 160,257 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Heidrick & Struggles International by 9.5% in the fourth quarter. Northern Trust Corp now owns 251,778 shares of the business services provider’s stock worth $11,156,000 after buying an additional 21,843 shares in the last quarter. 90.13% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on HSII shares. Truist Financial boosted their target price on shares of 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 boosted their target price on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an “outperform” rating in a report on Wednesday, March 5th.

Heidrick & Struggles International Stock Up 0.3%

Shares of NASDAQ:HSII opened at $43.16 on Tuesday. Heidrick & Struggles International, Inc. has a 52 week low of $30.20 and a 52 week high of $49.02. The stock has a market capitalization of $890.00 million, a P/E ratio of 23.33, a PEG ratio of 0.91 and a beta of 0.98. The firm has a fifty day simple moving average of $41.16 and a two-hundred day simple moving average of $43.63.

Heidrick & Struggles International (NASDAQ:HSII) last announced its earnings results on Monday, May 5th. The business services provider reported $0.67 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.67. The firm had revenue of $287.44 million for the quarter, compared to analysts’ expectations of $267.42 million. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. On average, analysts expect that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current year.

Heidrick & Struggles International Announces Dividend

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

Insider Activity at Heidrick & Struggles International

In other news, CEO Thomas L. Monahan acquired 5,000 shares of the company’s stock in a transaction on Thursday, March 6th. The stock was bought at an average cost 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. This represents a 3.58% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.43% of the stock is currently owned by insiders.

Heidrick & Struggles International Company 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.