Banque Cantonale Vaudoise Buys New Stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Banque Cantonale Vaudoise purchased a new position in Heidrick & Struggles International, Inc. (NASDAQ:HSII) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 7,108 shares of the business services provider’s stock, valued at approximately $304,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Northern Trust Corp increased its stake in 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 in the last quarter. Vanguard Group Inc. grew its holdings 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 valued at $67,248,000 after buying an additional 14,035 shares during the last quarter. JPMorgan Chase & Co. grew its holdings 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 valued at $8,906,000 after buying an additional 160,677 shares during the last quarter. Prudential Financial Inc. increased its position in shares of Heidrick & Struggles International by 32.3% in the 4th quarter. Prudential Financial Inc. now owns 32,599 shares of the business services provider’s stock valued at $1,444,000 after acquiring an additional 7,950 shares during the period. Finally, Millennium Management LLC raised its stake in Heidrick & Struggles International by 3.9% in the 4th quarter. Millennium Management LLC now owns 108,650 shares of the business services provider’s stock worth $4,814,000 after acquiring an additional 4,037 shares during the last quarter. 90.13% of the stock is owned by hedge funds and other institutional investors.

Heidrick & Struggles International Price Performance

Shares of Heidrick & Struggles International stock opened at $43.05 on Friday. The firm has a fifty day moving average price of $45.11 and a 200 day moving average price of $43.56. Heidrick & Struggles International, Inc. has a 1 year low of $35.38 and a 1 year high of $49.02. The stock has a market cap of $887.69 million, a PE ratio of 123.00, a price-to-earnings-growth ratio of 0.97 and a beta of 1.06.

Heidrick & Struggles International (NASDAQ:HSII) last released its quarterly earnings data on Monday, May 5th. The business services provider reported $0.67 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.67. Heidrick & Struggles International had a return on equity of 14.23% and a net margin of 0.71%. The business had revenue of $287.44 million during the quarter, compared to analyst estimates of $267.42 million. As a group, equities analysts expect that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current year.

Heidrick & Struggles International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.4%. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 171.43%.

Analyst Ratings Changes

Several analysts have weighed in on the company. Truist Financial boosted their price target 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. Barrington Research restated an “outperform” rating and issued a $52.00 price objective on shares of Heidrick & Struggles International in a research note on Friday, June 13th.

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.