Quadrature Capital Ltd Has $719,000 Stock Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Quadrature Capital Ltd raised its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 131.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 24,349 shares of the business services provider’s stock after buying an additional 13,835 shares during the quarter. Quadrature Capital Ltd owned 0.12% of Heidrick & Struggles International worth $719,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HSII. AJOVista LLC acquired a new stake in Heidrick & Struggles International in the 4th quarter valued at approximately $51,000. Maryland State Retirement & Pension System acquired a new stake in Heidrick & Struggles International in the 4th quarter valued at approximately $218,000. Bailard Inc. acquired a new stake in shares of Heidrick & Struggles International during the 4th quarter worth approximately $260,000. Louisiana State Employees Retirement System acquired a new stake in shares of Heidrick & Struggles International during the 4th quarter worth approximately $298,000. Finally, Mackenzie Financial Corp acquired a new stake in shares of Heidrick & Struggles International during the 4th quarter worth approximately $307,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

Heidrick & Struggles International Price Performance

Shares of HSII stock opened at $34.14 on Friday. The stock’s fifty day simple moving average is $32.84 and its 200 day simple moving average is $31.08. The firm has a market cap of $691.34 million, a price-to-earnings ratio of 13.34, a P/E/G ratio of 0.83 and a beta of 0.87. Heidrick & Struggles International, Inc. has a one year low of $22.52 and a one year high of $36.36.

Heidrick & Struggles International (NASDAQ:HSII) last announced its quarterly earnings results on Monday, May 6th. The business services provider reported $0.67 EPS for the quarter, beating the consensus estimate of $0.58 by $0.09. The business had revenue of $265.20 million for the quarter, compared to analyst estimates of $251.89 million. Heidrick & Struggles International had a return on equity of 13.10% and a net margin of 4.95%. On average, research analysts anticipate that Heidrick & Struggles International, Inc. will post 2.49 earnings per share for the current year.

Heidrick & Struggles International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 23rd. Investors of record on Thursday, May 16th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.76%. The ex-dividend date was Wednesday, May 15th. Heidrick & Struggles International’s dividend payout ratio is 23.44%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on HSII. Truist Financial lifted their price objective on Heidrick & Struggles International from $30.00 to $33.00 and gave the stock a “hold” rating in a report on Tuesday, May 7th. Barrington Research reissued an “outperform” rating and set a $40.00 price objective on shares of Heidrick & Struggles International in a report on Thursday, May 16th. Finally, StockNews.com raised Heidrick & Struggles International from a “buy” rating to a “strong-buy” rating in a report on Monday, June 17th.

Heidrick & Struggles International Profile

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, consulting, and on-demand talent services to businesses and business leaders worldwide. It enables its clients to build leadership teams by facilitating the recruitment, management, and development of senior executives.