Amundi Raises Stock Holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Amundi lifted its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 217.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,101 shares of the business services provider’s stock after buying an additional 8,973 shares during the quarter. Amundi owned approximately 0.06% of Heidrick & Struggles International worth $579,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Quest Partners LLC bought a new position in Heidrick & Struggles International in the third quarter worth approximately $30,000. Quantbot Technologies LP acquired a new stake in shares of Heidrick & Struggles International in the 3rd quarter worth $33,000. Orion Portfolio Solutions LLC acquired a new stake in shares of Heidrick & Struggles International in the 3rd quarter worth $207,000. HighTower Advisors LLC acquired a new stake in shares of Heidrick & Struggles International in the 3rd quarter worth $212,000. Finally, Intech Investment Management LLC purchased a new position in Heidrick & Struggles International in the 3rd quarter worth $261,000. 90.13% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Thomas L. Monahan acquired 5,000 shares of the business’s stock in a transaction on Thursday, March 6th. The shares were purchased at an average price of $45.55 per share, for a total transaction of $227,750.00. Following the acquisition, the chief executive officer now directly owns 144,834 shares of the company’s stock, valued at $6,597,188.70. This represents a 3.58 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.30% of the company’s stock.

Heidrick & Struggles International Trading Down 1.5 %

Shares of HSII stock opened at $42.80 on Friday. The firm has a fifty day moving average price of $44.41 and a 200 day moving average price of $42.65. The company has a market cap of $873.55 million, a P/E ratio of 23.14, a PEG ratio of 0.91 and a beta of 0.80. Heidrick & Struggles International, Inc. has a 12 month low of $29.03 and a 12 month high of $49.02.

Heidrick & Struggles International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be given a $0.15 dividend. The ex-dividend date is Thursday, March 13th. This represents a $0.60 dividend on an annualized basis and a yield of 1.40%. Heidrick & Struggles International’s payout ratio is currently 150.00%.

Wall Street Analysts Forecast Growth

HSII has been the subject of a number of recent research reports. Truist Financial reiterated a “hold” rating and set a $42.00 price objective (up previously from $40.00) on shares of Heidrick & Struggles International in a research note on Wednesday, December 4th. Barrington Research lifted their price objective on Heidrick & Struggles International from $50.00 to $52.00 and gave the company an “outperform” rating in a research note on Wednesday, March 5th.

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.