Strs Ohio acquired a new stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII – Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 14,200 shares of the business services provider’s stock, valued at approximately $608,000. Strs Ohio owned 0.07% of Heidrick & Struggles International at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. American Century Companies Inc. raised its holdings in shares of Heidrick & Struggles International by 50.5% in the 1st quarter. American Century Companies Inc. now owns 432,731 shares of the business services provider’s stock valued at $18,534,000 after buying an additional 145,162 shares during the period. Banque Cantonale Vaudoise acquired a new position in Heidrick & Struggles International during the 1st quarter worth $304,000. Nuveen LLC acquired a new position in Heidrick & Struggles International during the 1st quarter worth $7,622,000. Victory Capital Management Inc. grew its stake in Heidrick & Struggles International by 17.1% during the 1st quarter. Victory Capital Management Inc. now owns 23,824 shares of the business services provider’s stock worth $1,020,000 after purchasing an additional 3,486 shares in the last quarter. Finally, Acadian Asset Management LLC grew its stake in Heidrick & Struggles International by 126.8% during the 1st quarter. Acadian Asset Management LLC now owns 50,600 shares of the business services provider’s stock worth $2,164,000 after purchasing an additional 28,288 shares in the last quarter. Hedge funds and other institutional investors own 90.13% of the company’s stock.
Heidrick & Struggles International Stock Performance
Shares of NASDAQ HSII opened at $49.83 on Friday. Heidrick & Struggles International, Inc. has a 1 year low of $36.49 and a 1 year high of $52.17. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of 31.34, a PEG ratio of 0.98 and a beta of 1.07. The stock’s 50-day simple moving average is $48.11 and its 200-day simple moving average is $44.65.
Heidrick & Struggles International Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Thursday, August 14th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Thursday, August 14th. Heidrick & Struggles International’s dividend payout ratio is 37.74%.
Analysts Set New Price Targets
Several research analysts recently commented on HSII shares. Wall Street Zen raised Heidrick & Struggles International from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 9th. Barrington Research upped their target price on Heidrick & Struggles International from $52.00 to $56.00 and gave the company an “outperform” rating in a research report on Friday, August 22nd. Finally, Truist Financial increased their price objective on Heidrick & Struggles International from $44.00 to $46.00 and gave the stock a “hold” rating in a research report on Friday, June 20th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $51.00.
Read Our Latest Research Report on HSII
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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