Boston Partners Sells 1,076 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Boston Partners reduced its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 1.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 83,280 shares of the business services provider’s stock after selling 1,076 shares during the quarter. Boston Partners owned 0.41% of Heidrick & Struggles International worth $3,690,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of HSII. BNP Paribas Financial Markets grew its position in Heidrick & Struggles International by 1.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 34,170 shares of the business services provider’s stock worth $1,328,000 after acquiring an additional 427 shares during the last quarter. Swiss National Bank boosted its stake in shares of Heidrick & Struggles International by 1.3% during the fourth quarter. Swiss National Bank now owns 40,000 shares of the business services provider’s stock valued at $1,772,000 after purchasing an additional 500 shares during the period. Quest Partners LLC bought a new position in shares of Heidrick & Struggles International in the third quarter worth approximately $30,000. Quantbot Technologies LP purchased a new position in shares of Heidrick & Struggles International in the third quarter worth $33,000. Finally, Dynamic Technology Lab Private Ltd raised its holdings in Heidrick & Struggles International by 5.9% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 17,196 shares of the business services provider’s stock valued at $668,000 after buying an additional 964 shares during the last quarter. Hedge funds and other institutional investors own 90.13% of the company’s stock.

Heidrick & Struggles International Trading Down 1.1 %

Shares of Heidrick & Struggles International stock opened at $42.33 on Friday. Heidrick & Struggles International, Inc. has a 12-month low of $29.03 and a 12-month high of $49.02. The company’s fifty day simple moving average is $44.38 and its two-hundred day simple moving average is $42.68. The company has a market cap of $863.96 million, a P/E ratio of 22.88, a PEG ratio of 0.91 and a beta of 0.80.

Heidrick & Struggles International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date is Thursday, March 13th. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 150.00%.

Analyst Ratings Changes

HSII has been the topic of a number of analyst reports. Barrington Research boosted their price objective on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the company an “outperform” rating in a research report on Wednesday, March 5th. Truist Financial reaffirmed a “hold” rating and set a $42.00 price target (up previously from $40.00) on shares of Heidrick & Struggles International in a research report on Wednesday, December 4th.

Insider Transactions at Heidrick & Struggles International

In other news, CEO Thomas L. Monahan purchased 5,000 shares of the company’s stock in a transaction that occurred on Thursday, March 6th. The shares were bought at an average price of $45.55 per share, for a total transaction of $227,750.00. Following the purchase, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.30% 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.