Barclays PLC Boosts Stock Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Barclays PLC lifted its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 280.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 37,476 shares of the business services provider’s stock after acquiring an additional 27,637 shares during the quarter. Barclays PLC owned approximately 0.18% of Heidrick & Struggles International worth $1,456,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HSII. Innealta Capital LLC bought a new position in shares of Heidrick & Struggles International in the second quarter worth approximately $29,000. Quest Partners LLC purchased a new position in shares of Heidrick & Struggles International during the 3rd quarter valued at $30,000. Gladius Capital Management LP bought a new position in Heidrick & Struggles International in the 3rd quarter worth $31,000. Quantbot Technologies LP purchased a new stake in Heidrick & Struggles International in the 3rd quarter worth $33,000. Finally, Quarry LP purchased a new stake in Heidrick & Struggles International in the 2nd quarter worth $44,000. 90.13% of the stock is owned by hedge funds and other institutional investors.

Heidrick & Struggles International Stock Down 0.8 %

HSII opened at $44.27 on Friday. The company has a market capitalization of $903.51 million, a PE ratio of 23.93, a price-to-earnings-growth ratio of 1.07 and a beta of 0.88. The firm has a 50-day simple moving average of $44.17 and a two-hundred day simple moving average of $38.78. Heidrick & Struggles International, Inc. has a 52 week low of $26.52 and a 52 week high of $49.02.

Heidrick & Struggles International (NASDAQ:HSII) last announced its quarterly earnings results on Monday, November 4th. The business services provider reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.04. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. The company had revenue of $282.82 million during the quarter, compared to analyst estimates of $267.65 million. During the same period in the prior year, the company earned $0.73 earnings per share. As a group, 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 firm also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 14th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.36%. The ex-dividend date was Thursday, November 14th. Heidrick & Struggles International’s dividend payout ratio is presently 32.43%.

Wall Street Analyst Weigh In

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

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.