Bessemer Group Inc. Increases Position in Heidrick & Struggles International, Inc. (HSII)

Bessemer Group Inc. boosted its holdings in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 95.4% in the 4th quarter, HoldingsChannel reports. The fund owned 38,300 shares of the business services provider’s stock after acquiring an additional 18,700 shares during the quarter. Bessemer Group Inc.’s holdings in Heidrick & Struggles International were worth $1,195,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Alambic Investment Management L.P. grew its position in shares of Heidrick & Struggles International by 125.8% in the 4th quarter. Alambic Investment Management L.P. now owns 66,690 shares of the business services provider’s stock valued at $2,080,000 after buying an additional 37,160 shares during the last quarter. Citigroup Inc. grew its position in shares of Heidrick & Struggles International by 10.6% in the 4th quarter. Citigroup Inc. now owns 22,104 shares of the business services provider’s stock valued at $690,000 after buying an additional 2,111 shares during the last quarter. Martingale Asset Management L P grew its position in shares of Heidrick & Struggles International by 43.7% in the 4th quarter. Martingale Asset Management L P now owns 78,331 shares of the business services provider’s stock valued at $2,444,000 after buying an additional 23,803 shares during the last quarter. Royce & Associates LP grew its position in shares of Heidrick & Struggles International by 28.4% in the 4th quarter. Royce & Associates LP now owns 657,195 shares of the business services provider’s stock valued at $20,498,000 after buying an additional 145,433 shares during the last quarter. Finally, Texas Permanent School Fund grew its position in shares of Heidrick & Struggles International by 4.0% in the 4th quarter. Texas Permanent School Fund now owns 12,407 shares of the business services provider’s stock valued at $387,000 after buying an additional 478 shares during the last quarter. 92.49% of the stock is owned by institutional investors.

Shares of Heidrick & Struggles International stock opened at $40.69 on Friday. Heidrick & Struggles International, Inc. has a 1 year low of $28.25 and a 1 year high of $45.28. The firm has a market cap of $771.71 million, a price-to-earnings ratio of 16.15, a price-to-earnings-growth ratio of 1.16 and a beta of 1.45.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 22nd. Shareholders of record on Friday, March 8th will be given a dividend of $0.15 per share. This is an increase from Heidrick & Struggles International’s previous quarterly dividend of $0.13. This represents a $0.60 annualized dividend and a yield of 1.47%. The ex-dividend date is Thursday, March 7th. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 23.81%.

A number of research firms recently commented on HSII. Zacks Investment Research downgraded shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research report on Friday, February 8th. Barrington Research set a $45.00 target price on shares of Heidrick & Struggles International and gave the company a “buy hsii” rating in a research report on Thursday, December 20th. ValuEngine raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Wednesday, February 27th. TheStreet raised shares of Heidrick & Struggles International from a “c+” rating to a “b-” rating in a research report on Tuesday, January 15th. Finally, BidaskClub downgraded shares of Heidrick & Struggles International from a “sell” rating to a “strong sell” rating in a research report on Thursday, January 24th. One analyst has rated the stock with a sell rating, two have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $43.50.

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Heidrick & Struggles International Profile

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, culture shaping, and leadership consulting services on a retained basis to businesses and business leaders in the Americas, Europe, the Asia Pacific, and internationally. The company enables its clients to build leadership teams by facilitating the recruitment, management, and deployment of senior executives.

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Institutional Ownership by Quarter for Heidrick & Struggles International (NASDAQ:HSII)

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