Susquehanna Fundamental Investments LLC Takes $873,000 Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Susquehanna Fundamental Investments LLC bought a new position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 19,698 shares of the business services provider's stock, valued at approximately $873,000. Susquehanna Fundamental Investments LLC owned 0.10% of Heidrick & Struggles International as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. State of Tennessee Department of Treasury grew its holdings in shares of Heidrick & Struggles International by 22.5% during the fourth quarter. State of Tennessee Department of Treasury now owns 12,146 shares of the business services provider's stock valued at $538,000 after buying an additional 2,233 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in shares of Heidrick & Struggles International by 495.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 10,841 shares of the business services provider's stock worth $480,000 after purchasing an additional 9,020 shares in the last quarter. MetLife Investment Management LLC grew its position in Heidrick & Struggles International by 8.9% during the fourth quarter. MetLife Investment Management LLC now owns 12,179 shares of the business services provider's stock valued at $540,000 after purchasing an additional 994 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its stake in Heidrick & Struggles International by 6.8% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 28,935 shares of the business services provider's stock valued at $1,283,000 after buying an additional 1,845 shares during the period. Finally, XTX Topco Ltd purchased a new stake in Heidrick & Struggles International in the 4th quarter worth approximately $405,000. 90.13% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Heidrick & Struggles International

In other Heidrick & Struggles International news, CEO Thomas L. Monahan bought 5,000 shares of the stock in a transaction that occurred on Thursday, March 6th. The shares were acquired at an average price of $45.55 per share, with a total value of $227,750.00. Following the completion of the purchase, the chief executive officer now directly owns 144,834 shares in the company, valued at $6,597,188.70. The trade was a 3.58 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 1.43% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on HSII. Truist Financial raised their price target on Heidrick & Struggles International from $42.00 to $44.00 and gave the stock a "hold" rating in a research note on Tuesday, April 15th. Barrington Research increased their price target on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 5th.

Heidrick & Struggles International Stock Down 0.5 %

Shares of HSII stock traded down $0.21 during trading hours on Wednesday, reaching $40.45. 116,235 shares of the company's stock were exchanged, compared to its average volume of 156,552. The stock has a market capitalization of $834.28 million, a P/E ratio of 21.83, a P/E/G ratio of 0.91 and a beta of 0.98. The business has a fifty day moving average price of $41.40 and a 200-day moving average price of $43.36. Heidrick & Struggles International, Inc. has a fifty-two week low of $29.03 and a fifty-two week high of $49.02.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last released its earnings results on Monday, May 5th. The business services provider reported $0.67 earnings per share for the quarter, hitting analysts' consensus estimates of $0.67. The business had revenue of $287.44 million for the quarter, compared to the consensus estimate of $267.42 million. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. As a group, research analysts expect that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Thursday, May 15th will be given a $0.15 dividend. The ex-dividend date is Thursday, May 15th. This represents a $0.60 annualized dividend and a yield of 1.48%. Heidrick & Struggles International's dividend payout ratio (DPR) is currently 150.00%.

Heidrick & Struggles International 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.