CANADA LIFE ASSURANCE Co Buys 1,845 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

CANADA LIFE ASSURANCE Co lifted its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 6.8% during the 4th quarter, Holdings Channel reports. The firm owned 28,935 shares of the business services provider’s stock after acquiring an additional 1,845 shares during the period. CANADA LIFE ASSURANCE Co’s holdings in Heidrick & Struggles International were worth $1,283,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. KLP Kapitalforvaltning AS bought a new position in shares of Heidrick & Struggles International in the 4th quarter worth $173,000. XTX Topco Ltd bought a new position in shares of Heidrick & Struggles International in the 4th quarter worth $405,000. ExodusPoint Capital Management LP bought a new position in shares of Heidrick & Struggles International in the 4th quarter worth $425,000. O Shaughnessy Asset Management LLC bought a new position in Heidrick & Struggles International during the fourth quarter worth about $445,000. Finally, Allspring Global Investments Holdings LLC bought a new position in Heidrick & Struggles International during the fourth quarter worth about $451,000. 90.13% of the stock is currently owned by institutional investors.

Heidrick & Struggles International Trading Up 0.5 %

HSII stock opened at $38.77 on Tuesday. The firm has a market cap of $799.63 million, a PE ratio of 20.96, a P/E/G ratio of 0.91 and a beta of 0.86. The business’s 50-day moving average price is $41.60 and its two-hundred day moving average price is $43.35. Heidrick & Struggles International, Inc. has a 1-year low of $29.03 and a 1-year high of $49.02.

Heidrick & Struggles International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a $0.15 dividend. The ex-dividend date was Thursday, March 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.55%. Heidrick & Struggles International’s dividend payout ratio (DPR) is 150.00%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on HSII shares. Truist Financial lifted their target price on Heidrick & Struggles International from $42.00 to $44.00 and gave the stock a “hold” rating in a report on Tuesday, April 15th. Barrington Research lifted their target price on Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an “outperform” rating in a report on Wednesday, March 5th.

Insider Activity

In other news, CEO Thomas L. Monahan purchased 5,000 shares of the business’s stock in a transaction dated Thursday, March 6th. The shares were bought at an average cost of $45.55 per share, for a total transaction of $227,750.00. Following the completion of the acquisition, the chief executive officer now directly owns 144,834 shares in the company, valued at approximately $6,597,188.70. This trade represents a 3.58 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.43% of the company’s stock.

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.