Swiss National Bank lessened its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII – Free Report) by 1.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 39,600 shares of the business services provider’s stock after selling 400 shares during the quarter. Swiss National Bank owned about 0.19% of Heidrick & Struggles International worth $1,696,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bailard Inc. bought a new position in Heidrick & Struggles International during the 1st quarter valued at $214,000. Gallacher Capital Management LLC bought a new stake in shares of Heidrick & Struggles International in the 1st quarter worth $231,000. ProShare Advisors LLC acquired a new stake in shares of Heidrick & Struggles International in the fourth quarter valued at $269,000. Hohimer Wealth Management LLC boosted its stake in Heidrick & Struggles International by 5.4% during the first quarter. Hohimer Wealth Management LLC now owns 6,922 shares of the business services provider’s stock valued at $296,000 after buying an additional 353 shares in the last quarter. Finally, Banque Cantonale Vaudoise bought a new position in Heidrick & Struggles International during the first quarter valued at about $304,000. Institutional investors own 90.13% of the company’s stock.
Heidrick & Struggles International Trading Up 6.5%
HSII stock opened at $51.78 on Monday. Heidrick & Struggles International, Inc. has a one year low of $35.54 and a one year high of $52.18. The firm has a 50-day moving average of $46.21 and a two-hundred day moving average of $43.65. The firm has a market capitalization of $1.07 billion, a PE ratio of 32.57, a P/E/G ratio of 1.04 and a beta of 1.06.
Heidrick & Struggles International Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th will be issued a $0.15 dividend. The ex-dividend date is Thursday, August 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.2%. Heidrick & Struggles International’s dividend payout ratio is presently 37.74%.
Wall Street Analyst Weigh In
HSII has been the topic of several research reports. Wall Street Zen upgraded shares of Heidrick & Struggles International from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 9th. Truist Financial lifted their price objective on shares of Heidrick & Struggles International from $44.00 to $46.00 and gave the stock a “hold” rating in a research note on Friday, June 20th. Finally, Barrington Research increased their target price on shares of Heidrick & Struggles International from $52.00 to $56.00 and gave the company an “outperform” rating in a research note on Friday. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Heidrick & Struggles International currently has an average rating of “Moderate Buy” and an average price target of $51.00.
Read Our Latest Stock Analysis on Heidrick & Struggles International
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.
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