Thrivent Financial for Lutherans Sells 647 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Thrivent Financial for Lutherans reduced its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 3.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,843 shares of the business services provider’s stock after selling 647 shares during the period. Thrivent Financial for Lutherans owned approximately 0.08% of Heidrick & Struggles International worth $532,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of HSII. Pacer Advisors Inc. bought a new stake in Heidrick & Struggles International in the second quarter valued at $29,938,000. Wellington Management Group LLP boosted its stake in shares of Heidrick & Struggles International by 95.0% in the 4th quarter. Wellington Management Group LLP now owns 223,616 shares of the business services provider’s stock valued at $6,603,000 after purchasing an additional 108,916 shares in the last quarter. Invenomic Capital Management LP grew its holdings in shares of Heidrick & Struggles International by 31.5% in the 1st quarter. Invenomic Capital Management LP now owns 389,950 shares of the business services provider’s stock worth $13,126,000 after purchasing an additional 93,400 shares during the last quarter. Russell Investments Group Ltd. increased its position in shares of Heidrick & Struggles International by 158.6% during the 1st quarter. Russell Investments Group Ltd. now owns 115,663 shares of the business services provider’s stock worth $3,893,000 after purchasing an additional 70,940 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Heidrick & Struggles International by 2.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,376,789 shares of the business services provider’s stock valued at $43,479,000 after purchasing an additional 29,820 shares during the last quarter. 90.13% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Sarah Payne sold 8,691 shares of the stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $40.40, for a total transaction of $351,116.40. Following the sale, the insider now directly owns 27,451 shares of the company’s stock, valued at approximately $1,109,020.40. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Heidrick & Struggles International news, CFO Mark R. Harris sold 7,500 shares of the company’s stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $40.70, for a total value of $305,250.00. Following the completion of the transaction, the chief financial officer now owns 65,953 shares in the company, valued at $2,684,287.10. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Sarah Payne sold 8,691 shares of the company’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $40.40, for a total value of $351,116.40. Following the sale, the insider now owns 27,451 shares in the company, valued at approximately $1,109,020.40. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

Heidrick & Struggles International Price Performance

Shares of NASDAQ:HSII opened at $36.75 on Wednesday. The company has a 50 day moving average of $37.43 and a 200-day moving average of $34.48. The stock has a market cap of $744.11 million, a price-to-earnings ratio of 14.36, a P/E/G ratio of 0.91 and a beta of 0.85. Heidrick & Struggles International, Inc. has a one year low of $22.52 and a one year high of $41.94.

Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings results on Monday, July 29th. The business services provider reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.11. Heidrick & Struggles International had a net margin of 3.59% and a return on equity of 12.66%. The firm had revenue of $282.88 million for the quarter, compared to analyst estimates of $265.69 million. During the same period in the previous year, the business earned $0.73 EPS. Equities research analysts anticipate that Heidrick & Struggles International, Inc. will post 2.62 earnings per share for the current year.

Heidrick & Struggles International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 22nd. Stockholders of record on Friday, August 9th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date was Friday, August 9th. Heidrick & Struggles International’s dividend payout ratio is presently 23.44%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on HSII shares. Barrington Research reaffirmed an “outperform” rating and set a $44.00 price objective on shares of Heidrick & Struggles International in a report on Friday, September 20th. StockNews.com cut Heidrick & Struggles International from a “buy” rating to a “hold” rating in a report on Tuesday, July 30th.

Heidrick & Struggles International Company 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.