Trexquant Investment LP Decreases Stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Trexquant Investment LP lowered its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 15.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,059 shares of the business services provider’s stock after selling 3,940 shares during the quarter. Trexquant Investment LP’s holdings in Heidrick & Struggles International were worth $977,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. KLP Kapitalforvaltning AS purchased a new position in shares of Heidrick & Struggles International in the fourth quarter worth $173,000. Orion Portfolio Solutions LLC purchased a new position in shares of Heidrick & Struggles International in the third quarter worth $207,000. HighTower Advisors LLC purchased a new position in shares of Heidrick & Struggles International in the third quarter worth $212,000. O Shaughnessy Asset Management LLC purchased a new position in shares of Heidrick & Struggles International in the fourth quarter worth $445,000. Finally, Allspring Global Investments Holdings LLC purchased a new position in shares of Heidrick & Struggles International in the fourth quarter worth $451,000. Hedge funds and other institutional investors own 90.13% of the company’s stock.

Insider Buying and Selling

In other news, CEO Thomas L. Monahan acquired 5,000 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The stock was bought at an average price of $45.55 per share, with a total value of $227,750.00. Following the completion of the acquisition, the chief executive officer now directly owns 144,834 shares of the company’s stock, valued at approximately $6,597,188.70. The trade was a 3.58 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.30% of the stock is currently owned by corporate insiders.

Heidrick & Struggles International Price Performance

Shares of HSII opened at $40.50 on Friday. Heidrick & Struggles International, Inc. has a one year low of $29.03 and a one year high of $49.02. The firm has a market capitalization of $826.61 million, a P/E ratio of 21.89, a PEG ratio of 0.91 and a beta of 0.86. The business has a fifty day moving average of $43.10 and a 200 day moving average of $43.20.

Heidrick & Struggles International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.48%. The ex-dividend date was Thursday, March 13th. Heidrick & Struggles International’s payout ratio is currently 150.00%.

Wall Street Analysts Forecast Growth

Separately, Barrington Research lifted their price objective on Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an “outperform” rating in a report 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.