Inspire Investing LLC trimmed its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII – Free Report) by 67.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,570 shares of the business services provider’s stock after selling 17,478 shares during the period. Inspire Investing LLC’s holdings in Heidrick & Struggles International were worth $392,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in HSII. Exchange Traded Concepts LLC lifted its stake in Heidrick & Struggles International by 1.7% in the first quarter. Exchange Traded Concepts LLC now owns 28,545 shares of the business services provider’s stock worth $1,223,000 after purchasing an additional 478 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its position in shares of Heidrick & Struggles International by 3.3% during the first quarter. Robeco Institutional Asset Management B.V. now owns 119,014 shares of the business services provider’s stock valued at $5,097,000 after buying an additional 3,830 shares during the period. Principal Financial Group Inc. grew its holdings in Heidrick & Struggles International by 2.6% in the first quarter. Principal Financial Group Inc. now owns 116,192 shares of the business services provider’s stock worth $4,977,000 after purchasing an additional 2,923 shares during the period. New York State Common Retirement Fund lifted its stake in shares of Heidrick & Struggles International by 30.8% in the first quarter. New York State Common Retirement Fund now owns 10,032 shares of the business services provider’s stock worth $430,000 after buying an additional 2,365 shares in the last quarter. Finally, Hohimer Wealth Management LLC lifted its stake in shares of Heidrick & Struggles International by 5.4% in the first quarter. Hohimer Wealth Management LLC now owns 6,922 shares of the business services provider’s stock worth $296,000 after buying an additional 353 shares in the last quarter. 90.13% of the stock is owned by institutional investors.
Heidrick & Struggles International Stock Performance
NASDAQ HSII opened at $58.21 on Tuesday. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of 36.61, a price-to-earnings-growth ratio of 1.14 and a beta of 1.03. The company’s 50-day simple moving average is $50.34 and its two-hundred day simple moving average is $45.65. Heidrick & Struggles International, Inc. has a one year low of $36.87 and a one year high of $58.43.
Heidrick & Struggles International Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Thursday, August 14th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, August 14th. Heidrick & Struggles International’s payout ratio is currently 37.74%.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on HSII shares. Truist Financial increased their price target on shares of Heidrick & Struggles International from $48.00 to $59.00 and gave the stock a “hold” rating in a research report on Monday, October 6th. Wall Street Zen raised shares of Heidrick & Struggles International from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 9th. Barrington Research set a $59.00 price objective on shares of Heidrick & Struggles International in a research note on Thursday. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Heidrick & Struggles International in a research note on Wednesday, October 8th. Three analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $59.00.
Get Our Latest Stock Report on Heidrick & Struggles International
About Heidrick & Struggles International
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.
Further Reading
- Five stocks we like better than Heidrick & Struggles International
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- FICO’s Big Dip Could Be the Best Buying Chance of the Year
- CD Calculator: Certificate of Deposit Calculator
- D-Wave: Reevaluating the Short Seller’s Case After the Downgrade
- How to Profit From Growth Investing
- Datavault: A Speculative AI Play, But Beware of Volatility
Receive News & Ratings for Heidrick & Struggles International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heidrick & Struggles International and related companies with MarketBeat.com's FREE daily email newsletter.