Gotham Asset Management LLC Sells 1,451 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Gotham Asset Management LLC lessened its position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 19.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,035 shares of the business services provider’s stock after selling 1,451 shares during the quarter. Gotham Asset Management LLC’s holdings in Heidrick & Struggles International were worth $267,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of HSII. Allianz Asset Management GmbH raised its stake in shares of Heidrick & Struggles International by 39.2% during the 4th quarter. Allianz Asset Management GmbH now owns 599,411 shares of the business services provider’s stock worth $26,560,000 after acquiring an additional 168,912 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Heidrick & Struggles International by 398.7% during the 4th quarter. JPMorgan Chase & Co. now owns 200,982 shares of the business services provider’s stock worth $8,906,000 after acquiring an additional 160,677 shares in the last quarter. American Century Companies Inc. raised its stake 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 worth $12,742,000 after acquiring an additional 160,257 shares in the last quarter. Alliancebernstein L.P. raised its stake in shares of Heidrick & Struggles International by 345.3% during the 4th quarter. Alliancebernstein L.P. now owns 85,800 shares of the business services provider’s stock worth $3,802,000 after acquiring an additional 66,530 shares in the last quarter. Finally, Teacher Retirement System of Texas raised its stake in shares of Heidrick & Struggles International by 180.4% during the 4th quarter. Teacher Retirement System of Texas now owns 62,190 shares of the business services provider’s stock worth $2,756,000 after acquiring an additional 40,010 shares in the last quarter. Institutional investors own 90.13% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on HSII shares. Barrington Research boosted 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 note on Wednesday, March 5th. Truist Financial upped their price target on shares of Heidrick & Struggles International from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Tuesday, April 15th.

Insider Transactions at Heidrick & Struggles International

In other Heidrick & Struggles International news, CEO Thomas L. Monahan acquired 5,000 shares of the business’s stock in a transaction dated Thursday, March 6th. The shares were purchased at an average price of $45.55 per share, for a total transaction 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 ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.43% of the company’s stock.

Heidrick & Struggles International Trading Up 0.1%

Shares of Heidrick & Struggles International stock opened at $43.19 on Wednesday. Heidrick & Struggles International, Inc. has a 12-month low of $30.20 and a 12-month high of $49.02. The firm has a market capitalization of $890.62 million, a price-to-earnings ratio of 23.35, a PEG ratio of 0.91 and a beta of 0.98. The firm’s 50 day simple moving average is $41.17 and its two-hundred day simple moving average is $43.63.

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

Heidrick & Struggles International Announces Dividend

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

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.