Dimensional Fund Advisors LP lessened its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 1.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,359,345 shares of the business services provider's stock after selling 15,523 shares during the period. Dimensional Fund Advisors LP owned approximately 6.66% of Heidrick & Struggles International worth $60,233,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. KLP Kapitalforvaltning AS purchased a new stake in shares of Heidrick & Struggles International during the fourth quarter worth about $173,000. XTX Topco Ltd acquired a new stake in shares of Heidrick & Struggles International during the fourth quarter worth $405,000. ExodusPoint Capital Management LP acquired a new stake in Heidrick & Struggles International in the fourth quarter worth $425,000. O Shaughnessy Asset Management LLC acquired a new position in shares of Heidrick & Struggles International during the fourth quarter worth approximately $445,000. Finally, Allspring Global Investments Holdings LLC bought a new stake in shares of Heidrick & Struggles International during the fourth quarter valued at about $451,000. Hedge funds and other institutional investors own 90.13% of the company's stock.
Insider Buying and Selling
In other Heidrick & Struggles International news, CEO Thomas L. Monahan acquired 5,000 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The stock was acquired at an average cost of $45.55 per share, for a total transaction of $227,750.00. Following the transaction, the chief executive officer now directly owns 144,834 shares in the company, valued at $6,597,188.70. This represents a 3.58 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. 1.43% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on HSII shares. Barrington Research increased their price objective on Heidrick & Struggles International from $50.00 to $52.00 and gave the company an "outperform" rating in a research report on Wednesday, March 5th. Truist Financial raised their target price on Heidrick & Struggles International from $42.00 to $44.00 and gave the company a "hold" rating in a report on Tuesday, April 15th.
Read Our Latest Stock Report on HSII
Heidrick & Struggles International Price Performance
Shares of Heidrick & Struggles International stock traded down $0.03 during trading on Wednesday, hitting $40.64. 9,767 shares of the company's stock traded hands, compared to its average volume of 156,113. The company has a market cap of $838.10 million, a PE ratio of 21.96, a PEG ratio of 0.91 and a beta of 0.98. Heidrick & Struggles International, Inc. has a twelve month low of $29.03 and a twelve month high of $49.02. The firm's fifty day moving average price is $41.40 and its 200 day moving average price is $43.36.
Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last announced 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 company had revenue of $287.44 million during the quarter, compared to the consensus estimate of $267.42 million. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. As a group, equities research analysts anticipate that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current year.
Heidrick & Struggles International Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.48%. The ex-dividend date of this dividend is Thursday, May 15th. Heidrick & Struggles International's dividend payout ratio (DPR) is currently 150.00%.
About Heidrick & Struggles International
(
Free Report)
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.
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