Bridgeway Capital Management LLC Purchases 27,413 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Bridgeway Capital Management LLC lifted its position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 23.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 142,557 shares of the business services provider’s stock after acquiring an additional 27,413 shares during the quarter. Bridgeway Capital Management LLC owned approximately 0.70% of Heidrick & Struggles International worth $6,317,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. KLP Kapitalforvaltning AS acquired a new stake in Heidrick & Struggles International in the fourth quarter worth about $173,000. 4WEALTH Advisors Inc. acquired a new stake in shares of Heidrick & Struggles International during the 4th quarter worth approximately $365,000. XTX Topco Ltd bought a new stake in shares of Heidrick & Struggles International during the fourth quarter worth approximately $405,000. ExodusPoint Capital Management LP acquired a new position in Heidrick & Struggles International in the fourth quarter valued at approximately $425,000. Finally, O Shaughnessy Asset Management LLC bought a new position in Heidrick & Struggles International in the fourth quarter valued at approximately $445,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

Heidrick & Struggles International Price Performance

Heidrick & Struggles International stock opened at $40.66 on Wednesday. Heidrick & Struggles International, Inc. has a fifty-two week low of $29.03 and a fifty-two week high of $49.02. The firm has a market capitalization of $838.61 million, a price-to-earnings ratio of 21.98, a PEG ratio of 0.91 and a beta of 0.98. The company’s 50 day simple moving average is $41.40 and its 200 day simple moving average is $43.36.

Heidrick & Struggles International (NASDAQ:HSII) last announced its quarterly earnings results on Monday, May 5th. The business services provider reported $0.67 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.67. The company had revenue of $287.44 million during the quarter, compared to analyst estimates of $267.42 million. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. As a group, analysts predict that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date is Thursday, May 15th. Heidrick & Struggles International’s dividend payout ratio is currently 150.00%.

Insider Transactions at Heidrick & Struggles International

In related news, CEO Thomas L. Monahan bought 5,000 shares of the company’s stock in a transaction on Thursday, March 6th. The shares were purchased at an average cost of $45.55 per share, for a total transaction of $227,750.00. Following the acquisition, the chief executive officer now owns 144,834 shares of the company’s stock, valued at approximately $6,597,188.70. This represents a 3.58 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. 1.43% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

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

Heidrick & Struggles International 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.