American Century Companies Inc. Boosts Stock Holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

American Century Companies Inc. boosted its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 125.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 287,569 shares of the business services provider’s stock after purchasing an additional 160,257 shares during the quarter. American Century Companies Inc. owned about 1.41% of Heidrick & Struggles International worth $12,742,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Quantbot Technologies LP bought a new position in Heidrick & Struggles International during the third quarter valued at approximately $33,000. Orion Portfolio Solutions LLC purchased a new stake in shares of Heidrick & Struggles International in the third quarter worth approximately $207,000. HighTower Advisors LLC bought a new stake in shares of Heidrick & Struggles International during the 3rd quarter worth approximately $212,000. Intech Investment Management LLC purchased a new position in Heidrick & Struggles International during the 3rd quarter valued at $261,000. Finally, Centiva Capital LP bought a new position in Heidrick & Struggles International in the 3rd quarter valued at $416,000. Institutional investors own 90.13% of the company’s stock.

Insider Buying and Selling at Heidrick & Struggles International

In other news, CEO Thomas L. Monahan purchased 5,000 shares of the firm’s stock in a transaction on Thursday, March 6th. The stock was acquired at an average cost of $45.55 per share, with a total value of $227,750.00. Following the completion of the transaction, the chief executive officer now owns 144,834 shares in the company, valued at $6,597,188.70. This represents a 3.58 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 1.30% of the company’s stock.

Heidrick & Struggles International Stock Performance

NASDAQ:HSII opened at $43.49 on Wednesday. The firm has a 50-day simple moving average of $44.09 and a 200-day simple moving average of $43.10. Heidrick & Struggles International, Inc. has a one year low of $29.03 and a one year high of $49.02. The firm has a market cap of $887.63 million, a P/E ratio of 23.51, a P/E/G ratio of 0.91 and a beta of 0.80.

Heidrick & Struggles International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were issued a dividend of $0.15 per share. The ex-dividend date was Thursday, March 13th. This represents a $0.60 dividend on an annualized basis and a yield of 1.38%. Heidrick & Struggles International’s dividend payout ratio is currently 150.00%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on HSII shares. Truist Financial reissued a “hold” rating and set 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 raised their target price on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th.

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.