UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 3,507 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 10.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,151 shares of the business services provider’s stock after purchasing an additional 3,507 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.18% of Heidrick & Struggles International worth $1,602,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Heidrick & Struggles International by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 1,517,661 shares of the business services provider’s stock valued at $67,248,000 after acquiring an additional 14,035 shares during the last quarter. Renaissance Technologies LLC increased its stake in 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 valued at $49,035,000 after acquiring an additional 39,800 shares during the last quarter. Allianz Asset Management GmbH raised its position in Heidrick & Struggles International by 39.2% during the fourth quarter. Allianz Asset Management GmbH now owns 599,411 shares of the business services provider’s stock valued at $26,560,000 after purchasing an additional 168,912 shares in the last quarter. American Century Companies Inc. lifted its stake in Heidrick & Struggles International by 125.9% during the fourth quarter. American Century Companies Inc. now owns 287,569 shares of the business services provider’s stock worth $12,742,000 after purchasing an additional 160,257 shares during the last quarter. Finally, Northern Trust Corp increased its position in shares of Heidrick & Struggles International by 9.5% during the 4th quarter. Northern Trust Corp now owns 251,778 shares of the business services provider’s stock valued at $11,156,000 after purchasing an additional 21,843 shares during the last quarter. 90.13% of the stock is owned by institutional investors.

Heidrick & Struggles International Price Performance

HSII opened at $44.12 on Monday. Heidrick & Struggles International, Inc. has a one year low of $30.20 and a one year high of $49.02. The business has a 50 day simple moving average of $41.21 and a two-hundred day simple moving average of $43.41. The firm has a market capitalization of $909.80 million, a price-to-earnings ratio of 23.85, a PEG ratio of 0.91 and a beta of 1.02.

Heidrick & Struggles International (NASDAQ:HSII) last posted its earnings results on Monday, May 5th. The business services provider reported $0.67 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.67. The firm 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, sell-side analysts expect that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Investors of record on Thursday, May 15th were paid a $0.15 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $0.60 annualized dividend and a dividend yield of 1.36%. Heidrick & Struggles International’s payout ratio is 171.43%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on HSII. Truist Financial upped their target price on Heidrick & Struggles International from $42.00 to $44.00 and gave the stock a “hold” rating in a research note on Tuesday, April 15th. Barrington Research boosted their price target 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.

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.