SG Americas Securities LLC Acquires 2,236 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

SG Americas Securities LLC boosted its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 19.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,650 shares of the business services provider’s stock after purchasing an additional 2,236 shares during the period. SG Americas Securities LLC owned approximately 0.07% of Heidrick & Struggles International worth $605,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Empowered Funds LLC increased its holdings in shares of Heidrick & Struggles International by 43.4% in the third quarter. Empowered Funds LLC now owns 185,273 shares of the business services provider’s stock worth $7,200,000 after buying an additional 56,047 shares during the period. Systematic Financial Management LP grew its position in Heidrick & Struggles International by 8.4% during the 3rd quarter. Systematic Financial Management LP now owns 554,298 shares of the business services provider’s stock worth $21,540,000 after acquiring an additional 43,087 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its stake in Heidrick & Struggles International by 55.4% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 118,414 shares of the business services provider’s stock worth $4,602,000 after purchasing an additional 42,195 shares during the period. Jacobs Levy Equity Management Inc. lifted its position in Heidrick & Struggles International by 16.0% in the third quarter. Jacobs Levy Equity Management Inc. now owns 224,777 shares of the business services provider’s stock valued at $8,735,000 after purchasing an additional 30,998 shares during the last quarter. Finally, Barclays PLC boosted its stake in shares of Heidrick & Struggles International by 280.9% during the third quarter. Barclays PLC now owns 37,476 shares of the business services provider’s stock valued at $1,456,000 after purchasing an additional 27,637 shares during the period. 90.13% of the stock is owned by institutional investors.

Heidrick & Struggles International Stock Performance

HSII opened at $46.76 on Friday. The stock has a market capitalization of $954.37 million, a PE ratio of 25.28, a price-to-earnings-growth ratio of 0.99 and a beta of 0.88. The stock’s 50 day moving average price is $45.33 and its 200-day moving average price is $40.92. Heidrick & Struggles International, Inc. has a 52-week low of $28.51 and a 52-week high of $49.02.

Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings data on Monday, November 4th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, beating 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 business had revenue of $282.82 million for the quarter, compared to the consensus estimate of $267.65 million. During the same period in the previous year, the firm earned $0.73 EPS. Research analysts forecast that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Thursday, November 14th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $0.60 annualized dividend and a yield of 1.28%. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 32.43%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on HSII. Truist Financial reaffirmed a “hold” rating and issued a $42.00 target price (up from $40.00) on shares of Heidrick & Struggles International in a research note on Wednesday, December 4th. Barrington Research boosted their price objective 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, StockNews.com raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th.

Heidrick & Struggles International Profile

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.