Acadian Asset Management LLC lifted its position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII – Free Report) by 126.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,600 shares of the business services provider’s stock after buying an additional 28,288 shares during the period. Acadian Asset Management LLC owned approximately 0.25% of Heidrick & Struggles International worth $2,164,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Jane Street Group LLC increased its holdings in shares of Heidrick & Struggles International by 124.5% during the 1st quarter. Jane Street Group LLC now owns 70,927 shares of the business services provider’s stock worth $3,038,000 after buying an additional 39,332 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Heidrick & Struggles International during the 1st quarter worth approximately $654,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Heidrick & Struggles International by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,975 shares of the business services provider’s stock worth $513,000 after purchasing an additional 530 shares during the period. Corvex Management LP purchased a new position in shares of Heidrick & Struggles International during the 1st quarter worth approximately $42,935,000. Finally, Bridgeway Capital Management LLC boosted its position in shares of Heidrick & Struggles International by 41.9% during the 1st quarter. Bridgeway Capital Management LLC now owns 202,314 shares of the business services provider’s stock worth $8,665,000 after purchasing an additional 59,757 shares during the period. Institutional investors and hedge funds own 90.13% of the company’s stock.
Heidrick & Struggles International Price Performance
Shares of NASDAQ:HSII opened at $49.69 on Wednesday. The company’s fifty day moving average price is $47.96 and its 200 day moving average price is $44.50. Heidrick & Struggles International, Inc. has a 12 month low of $36.49 and a 12 month high of $52.17. The firm has a market capitalization of $1.03 billion, a P/E ratio of 31.25, a P/E/G ratio of 0.98 and a beta of 1.07.
Heidrick & Struggles International Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Thursday, August 14th were paid a $0.15 dividend. The ex-dividend date was Thursday, August 14th. This represents a $0.60 dividend on an annualized basis and a yield of 1.2%. Heidrick & Struggles International’s payout ratio is currently 37.74%.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on the stock. Barrington Research increased their price objective on shares of Heidrick & Struggles International from $52.00 to $56.00 and gave the stock an “outperform” rating in a research report on Friday, August 22nd. Truist Financial raised their price target on shares of Heidrick & Struggles International from $44.00 to $46.00 and gave the company a “hold” rating in a research report on Friday, June 20th. Finally, Wall Street Zen raised shares of Heidrick & Struggles International from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 9th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Heidrick & Struggles International presently has a consensus rating of “Moderate Buy” and a consensus target price of $51.00.
View Our Latest Research Report on Heidrick & Struggles International
Heidrick & Struggles International Company 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.
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