Rhumbline Advisers Sells 2,111 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Rhumbline Advisers decreased its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 3.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,843 shares of the business services provider’s stock after selling 2,111 shares during the period. Rhumbline Advisers owned approximately 0.29% of Heidrick & Struggles International worth $2,520,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Northern Trust Corp increased its position in shares of Heidrick & Struggles International by 9.5% during the fourth quarter. Northern Trust Corp now owns 251,778 shares of the business services provider’s stock worth $11,156,000 after acquiring an additional 21,843 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Heidrick & Struggles International by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 1,517,661 shares of the business services provider’s stock worth $67,248,000 after acquiring an additional 14,035 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Heidrick & Struggles International by 398.7% during the fourth 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. increased its position in shares of 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 acquiring an additional 160,257 shares in the last quarter. Finally, Prudential Financial Inc. increased its position in shares of Heidrick & Struggles International by 32.3% during the fourth quarter. Prudential Financial Inc. now owns 32,599 shares of the business services provider’s stock worth $1,444,000 after acquiring an additional 7,950 shares in the last quarter. Institutional investors own 90.13% of the company’s stock.

Heidrick & Struggles International Trading Down 1.7%

Shares of HSII stock opened at $43.40 on Monday. Heidrick & Struggles International, Inc. has a 1 year low of $30.20 and a 1 year high of $49.02. The firm’s fifty day moving average price is $41.53 and its two-hundred day moving average price is $43.33. The firm has a market capitalization of $894.95 million, a P/E ratio of 23.46, a PEG ratio of 0.91 and a beta of 1.02.

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 the consensus estimate of $0.67. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. The firm had revenue of $287.44 million for the quarter, compared to analyst estimates of $267.42 million. As a group, equities research analysts forecast 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. Shareholders 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 yield of 1.38%. Heidrick & Struggles International’s payout ratio is currently 171.43%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on HSII. Truist Financial increased their price objective on shares of Heidrick & Struggles International from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Tuesday, April 15th. Barrington Research reaffirmed an “outperform” rating and issued a $52.00 target price on shares of Heidrick & Struggles International in a research report on Friday.

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.