Heidrick & Struggles International, Inc. (NASDAQ:HSII) Stake Increased by Barclays PLC

Barclays PLC boosted its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 280.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,476 shares of the business services provider’s stock after acquiring an additional 27,637 shares during the period. Barclays PLC owned 0.18% of Heidrick & Struggles International worth $1,456,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Victory Capital Management Inc. lifted its holdings in Heidrick & Struggles International by 7.5% during the 2nd quarter. Victory Capital Management Inc. now owns 5,705 shares of the business services provider’s stock worth $180,000 after buying an additional 396 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in Heidrick & Struggles International by 96.6% in the second quarter. Acadian Asset Management LLC now owns 46,356 shares of the business services provider’s stock worth $1,460,000 after acquiring an additional 22,781 shares during the last quarter. American Century Companies Inc. boosted its stake in Heidrick & Struggles International by 43.8% in the second quarter. American Century Companies Inc. now owns 46,621 shares of the business services provider’s stock valued at $1,472,000 after acquiring an additional 14,209 shares during the period. Meeder Asset Management Inc. acquired a new position in Heidrick & Struggles International in the second quarter valued at approximately $58,000. Finally, Keene & Associates Inc. grew its holdings in shares of Heidrick & Struggles International by 4.8% during the second quarter. Keene & Associates Inc. now owns 9,565 shares of the business services provider’s stock valued at $302,000 after purchasing an additional 435 shares during the last quarter. 90.13% of the stock is currently owned by institutional investors.

Heidrick & Struggles International Stock Down 0.9 %

Shares of NASDAQ HSII opened at $43.80 on Monday. Heidrick & Struggles International, Inc. has a 52-week low of $26.52 and a 52-week high of $49.02. The stock has a market capitalization of $893.91 million, a price-to-earnings ratio of 23.68, a PEG ratio of 1.06 and a beta of 0.88. The stock’s fifty day simple moving average is $45.22 and its 200 day simple moving average is $39.62.

Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings results on Monday, November 4th. The business services provider reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.04. The business had revenue of $282.82 million for the quarter, compared to the consensus estimate of $267.65 million. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. During the same quarter in the previous year, the company posted $0.73 earnings per share. As a group, analysts anticipate that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current year.

Heidrick & Struggles International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Thursday, November 14th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend was Thursday, November 14th. Heidrick & Struggles International’s dividend payout ratio (DPR) is currently 32.43%.

Analyst Ratings Changes

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

About Heidrick & Struggles International

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.