Creative Planning Buys New Stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Creative Planning bought a new stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,195 shares of the business services provider’s stock, valued at approximately $318,000.

Several other large investors have also recently bought and sold shares of HSII. Innealta Capital LLC purchased a new position in Heidrick & Struggles International in the second quarter valued at $29,000. DekaBank Deutsche Girozentrale purchased a new position in Heidrick & Struggles International in the first quarter valued at $32,000. Quarry LP purchased a new position in shares of Heidrick & Struggles International during the second quarter worth about $44,000. Meeder Asset Management Inc. purchased a new position in shares of Heidrick & Struggles International during the second quarter worth about $58,000. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of Heidrick & Struggles International by 1,382.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 3,824 shares of the business services provider’s stock worth $129,000 after purchasing an additional 3,566 shares during the last quarter. Hedge funds and other institutional investors own 90.13% of the company’s stock.

Heidrick & Struggles International Stock Up 2.6 %

Shares of NASDAQ:HSII opened at $47.53 on Friday. The company has a market cap of $965.81 million, a P/E ratio of 25.69, a PEG ratio of 0.95 and a beta of 0.85. Heidrick & Struggles International, Inc. has a 52 week low of $25.32 and a 52 week high of $47.81. The company has a 50-day moving average price of $38.55 and a 200 day moving average price of $35.75.

Heidrick & Struggles International (NASDAQ:HSII) last announced its quarterly earnings data on Monday, November 4th. The business services provider reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.04. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.51%. The firm had revenue of $282.82 million during the quarter, compared to the consensus estimate of $267.65 million. During the same quarter last year, the firm earned $0.73 earnings per share. Analysts expect that Heidrick & Struggles International, Inc. will post 2.62 EPS for the current year.

Heidrick & Struggles International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.26%. Heidrick & Struggles International’s payout ratio is 32.43%.

Analyst Ratings Changes

HSII has been the topic of several research reports. Barrington Research reaffirmed an “outperform” rating and set a $44.00 price objective on shares of Heidrick & Struggles International in a report on Friday, September 20th. StockNews.com raised Heidrick & Struggles International from a “hold” rating to a “buy” rating in a report on Wednesday. Finally, Truist Financial reaffirmed a “hold” rating and set a $40.00 price objective (up previously from $33.00) on shares of Heidrick & Struggles International in a report on Tuesday.

About Heidrick & Struggles International

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, consulting, and on-demand talent services to businesses and business leaders worldwide. It enables its clients to build leadership teams by facilitating the recruitment, management, and development of senior executives.