Heidrick & Struggles International, Inc. (NASDAQ:HSII) Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 1.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,170 shares of the business services provider’s stock after acquiring an additional 427 shares during the quarter. BNP Paribas Financial Markets owned 0.17% of Heidrick & Struggles International worth $1,328,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. American Century Companies Inc. grew its position in Heidrick & Struggles International by 43.8% during the 2nd quarter. American Century Companies Inc. now owns 46,621 shares of the business services provider’s stock worth $1,472,000 after purchasing an additional 14,209 shares during the period. Innealta Capital LLC acquired a new position in shares of Heidrick & Struggles International in the 2nd quarter valued at about $29,000. SG Americas Securities LLC boosted its stake in shares of Heidrick & Struggles International by 82.1% in the third quarter. SG Americas Securities LLC now owns 11,414 shares of the business services provider’s stock worth $444,000 after buying an additional 5,145 shares during the last quarter. Algert Global LLC grew its holdings in Heidrick & Struggles International by 13.0% during the second quarter. Algert Global LLC now owns 54,100 shares of the business services provider’s stock worth $1,708,000 after acquiring an additional 6,227 shares during the period. Finally, Exchange Traded Concepts LLC raised its position in Heidrick & Struggles International by 246.4% during the third quarter. Exchange Traded Concepts LLC now owns 34,479 shares of the business services provider’s stock valued at $1,340,000 after acquiring an additional 24,526 shares in the last quarter. Hedge funds and other institutional investors own 90.13% of the company’s stock.

Heidrick & Struggles International Price Performance

Shares of NASDAQ:HSII opened at $45.63 on Tuesday. The business’s 50 day moving average price is $42.19 and its 200-day moving average price is $37.83. Heidrick & Struggles International, Inc. has a 1 year low of $26.52 and a 1 year high of $49.02. The firm has a market capitalization of $931.26 million, a price-to-earnings ratio of 24.66, a price-to-earnings-growth ratio of 1.05 and a beta of 0.88.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings data on Monday, November 4th. The business services provider reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.04. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. The company had revenue of $282.82 million during the quarter, compared to analysts’ expectations of $267.65 million. During the same period in the prior year, the business posted $0.73 earnings per share. On average, sell-side analysts expect that Heidrick & Struggles International, Inc. will post 2.68 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, November 21st. Investors of record on Thursday, November 14th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend was Thursday, November 14th. Heidrick & Struggles International’s dividend payout ratio is presently 32.43%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. StockNews.com upgraded Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. Barrington Research raised their price target on shares of Heidrick & Struggles International from $44.00 to $50.00 and gave the company an “outperform” rating in a research report on Monday, December 2nd. Finally, Truist Financial reiterated a “hold” rating and issued a $42.00 price objective (up previously from $40.00) on shares of Heidrick & Struggles International in a research report on Wednesday, December 4th.

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.