Prudential Financial Inc. Raises Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Prudential Financial Inc. grew its position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 32.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 32,599 shares of the business services provider’s stock after acquiring an additional 7,950 shares during the period. Prudential Financial Inc. owned about 0.16% of Heidrick & Struggles International worth $1,444,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Heidrick & Struggles International by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 1,517,661 shares of the business services provider’s stock valued at $67,248,000 after purchasing an additional 14,035 shares in the last quarter. Allianz Asset Management GmbH boosted its holdings in shares of 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 buying an additional 168,912 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Heidrick & Struggles International by 3.9% in the 3rd quarter. Geode Capital Management LLC now owns 495,513 shares of the business services provider’s stock worth $19,259,000 after buying an additional 18,771 shares during the period. Wellington Management Group LLP increased its stake in shares of Heidrick & Struggles International by 3.0% in the 3rd quarter. Wellington Management Group LLP now owns 431,856 shares of the business services provider’s stock worth $16,782,000 after acquiring an additional 12,640 shares in the last quarter. Finally, American Century Companies Inc. lifted its position 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 period. Institutional investors own 90.13% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Barrington Research raised their target price on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the company an “outperform” rating in a research note on Wednesday, March 5th.

Insider Buying and Selling at Heidrick & Struggles International

In related news, CEO Thomas L. Monahan bought 5,000 shares of the stock in a transaction on Thursday, March 6th. The shares were acquired at an average price of $45.55 per share, for a total transaction of $227,750.00. Following the purchase, the chief executive officer now owns 144,834 shares of the company’s stock, valued at approximately $6,597,188.70. The trade was a 3.58 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.30% of the company’s stock.

Heidrick & Struggles International Stock Performance

NASDAQ:HSII opened at $40.87 on Friday. The firm has a market cap of $834.16 million, a P/E ratio of 22.09, a P/E/G ratio of 0.91 and a beta of 0.86. Heidrick & Struggles International, Inc. has a fifty-two week low of $29.03 and a fifty-two week high of $49.02. The firm has a 50-day simple moving average of $43.84 and a two-hundred day simple moving average of $43.15.

Heidrick & Struggles International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were given a $0.15 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.60 annualized dividend and a yield of 1.47%. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 150.00%.

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.