Dimensional Fund Advisors LP Cuts Stock Holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Dimensional Fund Advisors LP decreased its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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 6.66% of Heidrick & Struggles International worth $60,233,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of HSII. Vanguard Group Inc. raised its holdings in Heidrick & Struggles International by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 1,517,661 shares of the business services provider's stock valued at $67,248,000 after acquiring an additional 14,035 shares during the period. Renaissance Technologies LLC grew its position in shares of Heidrick & Struggles International by 3.7% in the fourth quarter. Renaissance Technologies LLC now owns 1,106,640 shares of the business services provider's stock valued at $49,035,000 after purchasing an additional 39,800 shares in the last quarter. Allianz Asset Management GmbH raised its stake in shares of Heidrick & Struggles International by 39.2% during 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 purchasing an additional 168,912 shares during the period. American Century Companies Inc. lifted its holdings in 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 purchasing an additional 160,257 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in Heidrick & Struggles International by 398.7% during the 4th quarter. JPMorgan Chase & Co. now owns 200,982 shares of the business services provider's stock valued at $8,906,000 after buying an additional 160,677 shares in the last quarter. Institutional investors own 90.13% of the company's stock.

Analyst Ratings Changes

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

Heidrick & Struggles International Trading Down 1.3 %

Shares of NASDAQ HSII traded down $0.52 during midday trading on Monday, hitting $39.19. 109,688 shares of the company's stock were exchanged, compared to its average volume of 156,090. The business's fifty day moving average price is $41.42 and its two-hundred day moving average price is $43.37. The company has a market cap of $808.29 million, a price-to-earnings ratio of 21.18, a PEG ratio of 0.91 and a beta of 0.98. Heidrick & Struggles International, Inc. has a 12-month low of $29.03 and a 12-month high of $49.02.

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 net margin of 3.53% and a return on equity of 12.38%. Equities analysts expect that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.53%. Heidrick & Struggles International's payout ratio is currently 150.00%.

Insider Transactions at Heidrick & Struggles International

In other news, CEO Thomas L. Monahan bought 5,000 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The stock was bought at an average price 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 of the company's stock, valued at $6,597,188.70. This represents a 3.58 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.43% of the company's stock.

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.