Boston Partners Has $3.55 Million Stock Position in Heidrick & Struggles International, Inc. $HSII

Boston Partners reduced its holdings in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 2.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 80,908 shares of the business services provider’s stock after selling 1,744 shares during the quarter. Boston Partners owned approximately 0.39% of Heidrick & Struggles International worth $3,545,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. CWM LLC grew its position in Heidrick & Struggles International by 375.2% in the second quarter. CWM LLC now owns 784 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 619 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in shares of Heidrick & Struggles International by 38.9% during the 2nd quarter. Nisa Investment Advisors LLC now owns 846 shares of the business services provider’s stock worth $39,000 after buying an additional 237 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of Heidrick & Struggles International during the 2nd quarter worth about $101,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in shares of Heidrick & Struggles International in the 2nd quarter valued at about $208,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Heidrick & Struggles International by 8.4% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 5,294 shares of the business services provider’s stock valued at $242,000 after acquiring an additional 410 shares during the last quarter. Institutional investors own 90.13% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on HSII. Truist Financial upped their target price on Heidrick & Struggles International from $48.00 to $59.00 and gave the stock a “hold” rating in a report on Monday, October 6th. Barrington Research set a $59.00 price objective on Heidrick & Struggles International in a research note on Thursday, October 9th. Wall Street Zen raised Heidrick & Struggles International from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 9th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Heidrick & Struggles International in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $59.00.

Heidrick & Struggles International Trading Up 0.1%

HSII stock opened at $58.88 on Friday. The firm has a market capitalization of $1.22 billion, a PE ratio of 37.03, a PEG ratio of 1.15 and a beta of 1.10. Heidrick & Struggles International, Inc. has a 1-year low of $36.87 and a 1-year high of $58.92. The business’s 50 day simple moving average is $56.69 and its 200 day simple moving average is $50.01.

Heidrick & Struggles International (NASDAQ:HSII) last announced its quarterly earnings results on Monday, November 3rd. The business services provider reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.07. Heidrick & Struggles International had a return on equity of 14.85% and a net margin of 2.92%.The business had revenue of $327.90 million during the quarter, compared to the consensus estimate of $305.19 million. As a group, sell-side analysts predict that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Thursday, November 13th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, November 13th. This represents a $0.60 annualized dividend and a dividend yield of 1.0%. Heidrick & Struggles International’s payout ratio is presently 35.09%.

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.