Heidrick & Struggles International, Inc. (NASDAQ:HSII) Shares Acquired by Alliancebernstein L.P.

Alliancebernstein L.P. boosted its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 345.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 85,800 shares of the business services provider's stock after acquiring an additional 66,530 shares during the period. Alliancebernstein L.P. owned about 0.42% of Heidrick & Struggles International worth $3,802,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in Heidrick & Struggles International by 0.9% in 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 during the last quarter. Allianz Asset Management GmbH grew its holdings in Heidrick & Struggles International by 39.2% in 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 during the period. Geode Capital Management LLC increased its stake in shares of Heidrick & Struggles International by 3.9% during the 3rd quarter. Geode Capital Management LLC now owns 495,513 shares of the business services provider's stock valued at $19,259,000 after acquiring an additional 18,771 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of 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 worth $12,742,000 after acquiring an additional 160,257 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of Heidrick & Struggles International by 398.7% in the fourth quarter. JPMorgan Chase & Co. now owns 200,982 shares of the business services provider's stock worth $8,906,000 after acquiring an additional 160,677 shares during the last quarter. 90.13% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Insider Transactions at Heidrick & Struggles International

In related news, CEO Thomas L. Monahan bought 5,000 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The shares were acquired at an average cost of $45.55 per share, for a total transaction of $227,750.00. Following the acquisition, the chief executive officer now owns 144,834 shares in the company, valued at $6,597,188.70. This represents a 3.58 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 1.30% of the company's stock.

Heidrick & Struggles International Trading Down 2.2 %

HSII traded down $0.85 during trading on Friday, hitting $37.96. 120,600 shares of the company's stock were exchanged, compared to its average volume of 155,343. The firm has a market cap of $782.93 million, a P/E ratio of 20.52, a price-to-earnings-growth ratio of 0.91 and a beta of 0.86. The stock has a 50 day moving average price of $42.35 and a 200 day moving average price of $43.26. Heidrick & Struggles International, Inc. has a 1 year low of $29.03 and a 1 year high of $49.02.

Heidrick & Struggles International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date was Thursday, March 13th. Heidrick & Struggles International's dividend payout ratio is presently 150.00%.

About Heidrick & Struggles International

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.