Thomas L. Monahan Purchases 5,000 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) Stock

Heidrick & Struggles International, Inc. (NASDAQ:HSII) CEO Thomas L. Monahan acquired 5,000 shares of the business’s stock in a transaction dated 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 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Heidrick & Struggles International Price Performance

NASDAQ:HSII traded down $2.21 during midday trading on Monday, hitting $44.62. The company’s stock had a trading volume of 161,416 shares, compared to its average volume of 141,626. Heidrick & Struggles International, Inc. has a fifty-two week low of $29.03 and a fifty-two week high of $49.02. The firm’s 50 day moving average is $44.55 and its 200-day moving average is $42.37. The firm has a market cap of $910.69 million, a P/E ratio of 24.12, a P/E/G ratio of 0.91 and a beta of 0.80.

Heidrick & Struggles International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.34%. The ex-dividend date is Thursday, March 13th. Heidrick & Struggles International’s dividend payout ratio is currently 150.00%.

Analyst Ratings Changes

A number of brokerages have issued reports on HSII. Truist Financial restated a “hold” rating and set a $42.00 price target (up previously from $40.00) on shares of Heidrick & Struggles International in a research note on Wednesday, December 4th. Barrington Research upped their target price on Heidrick & Struggles International from $50.00 to $52.00 and gave the company an “outperform” rating in a research report on Wednesday, March 5th.

Hedge Funds Weigh In On Heidrick & Struggles International

Several institutional investors and hedge funds have recently modified their holdings of the stock. Barclays PLC grew its position in Heidrick & Struggles International by 280.9% during the third quarter. Barclays PLC now owns 37,476 shares of the business services provider’s stock valued at $1,456,000 after buying an additional 27,637 shares during the period. JPMorgan Chase & Co. grew its position in shares of Heidrick & Struggles International by 21.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 40,305 shares of the business services provider’s stock valued at $1,566,000 after acquiring an additional 6,990 shares during the period. Geode Capital Management LLC increased its stake in shares of Heidrick & Struggles International by 3.9% in the 3rd quarter. Geode Capital Management LLC now owns 495,513 shares of the business services provider’s stock valued at $19,259,000 after purchasing an additional 18,771 shares in the last quarter. Wellington Management Group LLP raised its holdings in Heidrick & Struggles International by 3.0% in the 3rd quarter. Wellington Management Group LLP now owns 431,856 shares of the business services provider’s stock worth $16,782,000 after purchasing an additional 12,640 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in Heidrick & Struggles International in the fourth quarter valued at approximately $638,000. Institutional investors and hedge funds own 90.13% 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.