Quest Partners LLC Takes $30,000 Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Quest Partners LLC acquired a new stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 779 shares of the business services provider’s stock, valued at approximately $30,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Price T Rowe Associates Inc. MD grew its position in shares of Heidrick & Struggles International by 5.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 16,676 shares of the business services provider’s stock valued at $562,000 after purchasing an additional 863 shares in the last quarter. DekaBank Deutsche Girozentrale bought a new stake in Heidrick & Struggles International during the first quarter valued at $32,000. SG Americas Securities LLC purchased a new position in Heidrick & Struggles International during the second quarter worth about $198,000. Bank of New York Mellon Corp increased its stake in Heidrick & Struggles International by 0.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 263,579 shares of the business services provider’s stock worth $8,324,000 after acquiring an additional 921 shares during the last quarter. Finally, Innealta Capital LLC purchased a new stake in shares of Heidrick & Struggles International in the 2nd quarter valued at about $29,000. Institutional investors own 90.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on HSII. Truist Financial reissued 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, November 5th. Barrington Research reissued an “outperform” rating and issued a $44.00 price target on shares of Heidrick & Struggles International in a research note on Friday, September 20th. Finally, StockNews.com raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th.

Heidrick & Struggles International Trading Up 0.0 %

Shares of Heidrick & Struggles International stock opened at $46.14 on Monday. The firm has a market capitalization of $941.72 million, a PE ratio of 24.94, a price-to-earnings-growth ratio of 1.08 and a beta of 0.85. Heidrick & Struggles International, Inc. has a 12 month low of $26.52 and a 12 month high of $49.02. The business’s 50-day moving average price is $41.24 and its 200-day moving average price is $37.38.

Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings results 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. The business had revenue of $282.82 million for the quarter, compared to analysts’ expectations of $267.65 million. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. During the same period last year, the business earned $0.73 earnings per share. As a group, analysts predict that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Thursday, November 14th were given a dividend of $0.15 per share. The ex-dividend date was Thursday, November 14th. This represents a $0.60 annualized dividend and a yield of 1.30%. Heidrick & Struggles International’s payout ratio is 32.43%.

Heidrick & Struggles International Profile

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.