JPMorgan Chase & Co. Grows Stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

JPMorgan Chase & Co. grew its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 21.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 40,305 shares of the business services provider’s stock after acquiring an additional 6,990 shares during the quarter. JPMorgan Chase & Co. owned about 0.20% of Heidrick & Struggles International worth $1,566,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in HSII. Quest Partners LLC purchased a new position in shares of Heidrick & Struggles International in the 3rd quarter valued at about $30,000. Gladius Capital Management LP purchased a new position in Heidrick & Struggles International during the 3rd quarter worth approximately $31,000. Quantbot Technologies LP purchased a new position in Heidrick & Struggles International during the 3rd quarter worth approximately $33,000. Quarry LP purchased a new position in Heidrick & Struggles International during the 2nd quarter worth approximately $44,000. Finally, Orion Portfolio Solutions LLC purchased a new position in Heidrick & Struggles International during the 3rd quarter worth approximately $207,000. Hedge funds and other institutional investors own 90.13% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Barrington Research raised their price target on Heidrick & Struggles International from $44.00 to $50.00 and gave the stock an “outperform” rating in a research note on Monday, December 2nd. StockNews.com upgraded Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Finally, Truist Financial restated a “hold” rating and set a $42.00 price target (up previously from $40.00) on shares of Heidrick & Struggles International in a research note on Wednesday, December 4th.

Heidrick & Struggles International Trading Up 0.2 %

Shares of HSII stock opened at $45.98 on Friday. The business’s 50 day moving average is $45.22 and its two-hundred day moving average is $40.39. Heidrick & Struggles International, Inc. has a twelve month low of $28.20 and a twelve month high of $49.02. The company has a market capitalization of $938.45 million, a P/E ratio of 24.85, a price-to-earnings-growth ratio of 1.00 and a beta of 0.88.

Heidrick & Struggles International (NASDAQ:HSII) last announced its earnings results on Monday, November 4th. The business services provider reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.04. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. The company had revenue of $282.82 million for the quarter, compared to the consensus estimate of $267.65 million. During the same period last year, the business posted $0.73 EPS. As a group, equities analysts predict that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Thursday, November 14th were paid a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $0.60 annualized dividend and a dividend yield of 1.30%. Heidrick & Struggles International’s dividend payout ratio (DPR) is currently 32.43%.

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.