Heidrick & Struggles International, Inc. (NASDAQ:HSII) Short Interest Down 9.2% in January

Heidrick & Struggles International, Inc. (NASDAQ:HSII) was the target of a large drop in short interest in January. As of January 31st, there was short interest totalling 407,000 shares, a drop of 9.2% from the January 15th total of 448,100 shares. Based on an average daily volume of 139,400 shares, the short-interest ratio is currently 2.9 days.

Heidrick & Struggles International Price Performance

NASDAQ HSII opened at $43.31 on Wednesday. Heidrick & Struggles International has a 12 month low of $28.51 and a 12 month high of $49.02. The company has a market capitalization of $884.04 million, a price-to-earnings ratio of 23.41, a price-to-earnings-growth ratio of 0.99 and a beta of 0.87. The company’s fifty day moving average price is $45.14 and its two-hundred day moving average price is $41.84.

Wall Street Analysts Forecast Growth

HSII has been the subject of a number of recent analyst reports. StockNews.com raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th. Truist Financial reaffirmed a “hold” rating and set a $42.00 price target (up from $40.00) on shares of Heidrick & Struggles International in a report on Wednesday, December 4th. Finally, 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 report on Monday, December 2nd.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in HSII. Allianz Asset Management GmbH boosted its stake in Heidrick & Struggles International by 39.2% during the 4th quarter. Allianz Asset Management GmbH now owns 599,411 shares of the business services provider’s stock valued at $26,560,000 after acquiring an additional 168,912 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Heidrick & Struggles International by 398.7% during the 4th quarter. JPMorgan Chase & Co. now owns 200,982 shares of the business services provider’s stock valued at $8,906,000 after acquiring an additional 160,677 shares during the last quarter. American Century Companies Inc. boosted its stake in Heidrick & Struggles International by 125.9% during the 4th quarter. American Century Companies Inc. now owns 287,569 shares of the business services provider’s stock valued at $12,742,000 after acquiring an additional 160,257 shares during the last quarter. Alliancebernstein L.P. boosted its stake in Heidrick & Struggles International by 345.3% during the 4th quarter. Alliancebernstein L.P. now owns 85,800 shares of the business services provider’s stock valued at $3,802,000 after acquiring an additional 66,530 shares during the last quarter. Finally, Empowered Funds LLC lifted its position in shares of Heidrick & Struggles International by 43.4% in the 3rd 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 last quarter. 90.13% of the stock is currently owned by institutional investors.

Heidrick & Struggles International Company 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.