Segall Bryant & Hamill LLC acquired a new position in Heidrick & Struggles International, Inc. (NASDAQ:HSII – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 27,275 shares of the business services provider’s stock, valued at approximately $1,209,000.
Other hedge funds also recently bought and sold shares of the company. Prudential Financial Inc. boosted its position in Heidrick & Struggles International by 32.3% in the fourth quarter. Prudential Financial Inc. now owns 32,599 shares of the business services provider’s stock worth $1,444,000 after purchasing an additional 7,950 shares during the last quarter. Vanguard Group Inc. lifted its position in Heidrick & Struggles International by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 1,517,661 shares of the business services provider’s stock valued at $67,248,000 after purchasing an additional 14,035 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of Heidrick & Struggles International during the 4th quarter valued at about $173,000. Hillsdale Investment Management Inc. grew its stake in shares of Heidrick & Struggles International by 0.7% during the 4th quarter. Hillsdale Investment Management Inc. now owns 114,100 shares of the business services provider’s stock valued at $5,056,000 after acquiring an additional 800 shares during the period. Finally, American Century Companies Inc. grew its stake in shares of Heidrick & Struggles International by 125.9% during the 4th quarter. American Century Companies Inc. now owns 287,569 shares of the business services provider’s stock valued at $12,742,000 after acquiring an additional 160,257 shares during the period. Hedge funds and other institutional investors own 90.13% of the company’s stock.
Analyst Upgrades and Downgrades
HSII has been the topic of several analyst reports. Barrington Research lifted their price target on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the company an “outperform” rating in a report on Wednesday, March 5th. Truist Financial reaffirmed a “hold” rating and issued a $42.00 target price (up previously from $40.00) on shares of Heidrick & Struggles International in a report on Wednesday, December 4th.
Heidrick & Struggles International Trading Down 1.4 %
NASDAQ:HSII opened at $43.48 on Friday. The stock has a 50-day moving average price of $44.21 and a 200 day moving average price of $42.93. Heidrick & Struggles International, Inc. has a 12-month low of $29.03 and a 12-month high of $49.02. The stock has a market capitalization of $887.43 million, a P/E ratio of 23.50, a P/E/G ratio of 0.91 and a beta of 0.80.
Heidrick & Struggles International Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.38%. The ex-dividend date of this dividend was Thursday, March 13th. Heidrick & Struggles International’s payout ratio is currently 150.00%.
Insider Transactions at Heidrick & Struggles International
In related news, CEO Thomas L. Monahan purchased 5,000 shares of Heidrick & Struggles International stock in a transaction on 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 acquisition, the chief executive officer now owns 144,834 shares in the company, valued at approximately $6,597,188.70. The trade was a 3.58 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.30% of the company’s stock.
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.
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