Bridgeway Capital Management LLC Buys 27,413 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Bridgeway Capital Management LLC boosted its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 23.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 142,557 shares of the business services provider's stock after buying an additional 27,413 shares during the quarter. Bridgeway Capital Management LLC owned approximately 0.70% of Heidrick & Struggles International worth $6,317,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. KLP Kapitalforvaltning AS acquired a new stake in shares of Heidrick & Struggles International during the fourth quarter valued at about $173,000. 4WEALTH Advisors Inc. acquired a new stake in Heidrick & Struggles International during the 4th quarter worth about $365,000. XTX Topco Ltd acquired a new position in shares of Heidrick & Struggles International in the 4th quarter valued at about $405,000. ExodusPoint Capital Management LP acquired a new stake in Heidrick & Struggles International during the fourth quarter worth approximately $425,000. Finally, O Shaughnessy Asset Management LLC bought a new stake in Heidrick & Struggles International in the fourth quarter worth approximately $445,000. Institutional investors and hedge funds own 90.13% of the company's stock.

Insider Activity

In other news, CEO Thomas L. Monahan bought 5,000 shares of Heidrick & Struggles International 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 ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 1.43% of the company's stock.

Analyst Upgrades and Downgrades

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

Heidrick & Struggles International Trading Up 1.3%

Shares of HSII traded up $0.55 during trading hours on Monday, reaching $42.90. 24,333 shares of the stock traded hands, compared to its average volume of 141,578. Heidrick & Struggles International, Inc. has a 52 week low of $30.20 and a 52 week high of $49.02. The stock has a fifty day simple moving average of $41.41 and a 200 day simple moving average of $43.46. The company has a market cap of $884.54 million, a price-to-earnings ratio of 23.19, a PEG ratio of 0.91 and a beta of 0.98.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The business services provider reported $0.67 EPS for the quarter, hitting analysts' consensus estimates of $0.67. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. The business had revenue of $287.44 million for the quarter, compared to analyst estimates of $267.42 million. 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 firm also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.60 annualized dividend and a dividend yield of 1.40%. Heidrick & Struggles International's payout ratio is 171.43%.

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.