Heidrick & Struggles International, Inc. (NASDAQ:HSII) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. trimmed its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 11.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 219,312 shares of the business services provider’s stock after selling 27,699 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.07% of Heidrick & Struggles International worth $9,718,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of HSII. Allianz Asset Management GmbH raised its holdings 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 worth $26,560,000 after buying an additional 168,912 shares during the period. Systematic Financial Management LP raised its holdings 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 buying an additional 43,087 shares during the period. Jacobs Levy Equity Management Inc. raised its holdings in Heidrick & Struggles International by 16.0% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 224,777 shares of the business services provider’s stock worth $8,735,000 after buying an additional 30,998 shares during the period. Barclays PLC raised its holdings in Heidrick & Struggles International by 280.9% during the 3rd quarter. Barclays PLC now owns 37,476 shares of the business services provider’s stock worth $1,456,000 after buying an additional 27,637 shares during the period. Finally, Martingale Asset Management L P raised its holdings in Heidrick & Struggles International by 90.8% during the 3rd quarter. Martingale Asset Management L P now owns 55,745 shares of the business services provider’s stock worth $2,166,000 after buying an additional 26,529 shares during the period. Institutional investors and hedge funds own 90.13% of the company’s stock.

Insider Activity

In other Heidrick & Struggles International news, CEO Thomas L. Monahan bought 5,000 shares of the company’s stock in a transaction dated Thursday, March 6th. The shares were bought 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 approximately $6,597,188.70. This trade represents a 3.58 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.30% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

HSII has been the topic of several recent analyst reports. Truist Financial restated a “hold” rating and set a $42.00 price objective (up previously from $40.00) on shares of Heidrick & Struggles International in a report on Wednesday, December 4th. Barrington Research boosted their price objective on Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an “outperform” rating in a report on Wednesday, March 5th.

Heidrick & Struggles International Price Performance

Shares of HSII opened at $42.33 on Friday. The company has a market capitalization of $863.96 million, a price-to-earnings ratio of 22.88, a P/E/G ratio of 0.91 and a beta of 0.80. Heidrick & Struggles International, Inc. has a fifty-two week low of $29.03 and a fifty-two week high of $49.02. The business’s 50-day moving average is $44.38 and its 200-day moving average is $42.71.

Heidrick & Struggles International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be issued a $0.15 dividend. The ex-dividend date is Thursday, March 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.42%. Heidrick & Struggles International’s dividend payout ratio is 150.00%.

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.