Victory Capital Management Inc. Buys 3,486 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Victory Capital Management Inc. boosted its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 17.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 23,824 shares of the business services provider’s stock after buying an additional 3,486 shares during the quarter. Victory Capital Management Inc. owned approximately 0.12% of Heidrick & Struggles International worth $1,020,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. SummerHaven Investment Management LLC raised its holdings in shares of Heidrick & Struggles International by 1.2% in the first quarter. SummerHaven Investment Management LLC now owns 25,216 shares of the business services provider’s stock valued at $1,080,000 after purchasing an additional 310 shares during the last quarter. Hohimer Wealth Management LLC grew its position in Heidrick & Struggles International by 5.4% in the 1st quarter. Hohimer Wealth Management LLC now owns 6,922 shares of the business services provider’s stock worth $296,000 after purchasing an additional 353 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Heidrick & Struggles International by 3.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,445 shares of the business services provider’s stock valued at $507,000 after buying an additional 365 shares during the last quarter. BNP Paribas Financial Markets increased its stake in Heidrick & Struggles International by 1.2% in the 4th quarter. BNP Paribas Financial Markets now owns 34,570 shares of the business services provider’s stock valued at $1,532,000 after buying an additional 400 shares during the last quarter. Finally, Exchange Traded Concepts LLC lifted its position in shares of Heidrick & Struggles International by 1.7% during the 1st quarter. Exchange Traded Concepts LLC now owns 28,545 shares of the business services provider’s stock worth $1,223,000 after buying an additional 478 shares in the last quarter. 90.13% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

HSII has been the subject of several recent analyst reports. Barrington Research reaffirmed an “outperform” rating and issued a $52.00 target price on shares of Heidrick & Struggles International in a report on Friday, June 13th. Truist Financial upped their price objective on Heidrick & Struggles International from $44.00 to $46.00 and gave the company a “hold” rating in a research note on Friday, June 20th.

Heidrick & Struggles International Stock Performance

Shares of HSII stock opened at $44.53 on Friday. The firm has a market cap of $918.25 million, a price-to-earnings ratio of 127.23, a P/E/G ratio of 0.98 and a beta of 1.02. Heidrick & Struggles International, Inc. has a 52 week low of $35.38 and a 52 week high of $49.02. The firm’s 50-day simple moving average is $45.11 and its two-hundred day simple moving average is $43.57.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings results on Monday, May 5th. The business services provider reported $0.67 EPS for the quarter, hitting analysts’ consensus estimates of $0.67. Heidrick & Struggles International had a net margin of 0.71% and a return on equity of 14.23%. The company had revenue of $287.44 million for the quarter, compared to analysts’ expectations of $267.42 million. Analysts forecast that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current year.

Heidrick & Struggles International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Investors of record on Thursday, May 15th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Thursday, May 15th. 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.