7,108 Shares in Heidrick & Struggles International, Inc. (NASDAQ:HSII) Purchased by Banque Cantonale Vaudoise

Key Points

• Banque Cantonale Vaudoise acquired a new stake in Heidrick & Struggles International, purchasing 7,108 shares worth approximately $304,000 during the first quarter.
• Heidrick & Struggles International reported a quarterly revenue of $287.44 million, surpassing analyst estimates of $267.42 million, and matched earnings per share of $0.67.
• The company announced a quarterly dividend of $0.15 per share, which reflects an annualized dividend yield of 1.4% and a high dividend payout ratio of 171.43%.

Banque Cantonale Vaudoise purchased a new stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 7,108 shares of the business services provider's stock, valued at approximately $304,000.

A number of other institutional investors have also made changes to their positions in HSII. KLP Kapitalforvaltning AS purchased a new stake in shares of Heidrick & Struggles International during the 4th quarter worth approximately $173,000. Bailard Inc. acquired a new position in shares of Heidrick & Struggles International during the 1st quarter worth $214,000. Gallacher Capital Management LLC acquired a new position in shares of Heidrick & Struggles International during the 1st quarter worth $231,000. ProShare Advisors LLC purchased a new stake in shares of Heidrick & Struggles International in the 4th quarter worth about $269,000. Finally, Hohimer Wealth Management LLC boosted its position in shares of Heidrick & Struggles International by 5.4% in the 1st quarter. Hohimer Wealth Management LLC now owns 6,922 shares of the business services provider's stock worth $296,000 after buying an additional 353 shares in the last quarter. 90.13% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

HSII has been the topic of a number of recent research reports. Barrington Research restated an "outperform" rating and issued a $52.00 target price on shares of Heidrick & Struggles International in a report on Friday, June 13th. Truist Financial increased their price objective on shares of Heidrick & Struggles International from $44.00 to $46.00 and gave the company a "hold" rating in a research report on Friday, June 20th.

Heidrick & Struggles International Stock Up 5.3%

Shares of Heidrick & Struggles International stock traded up $2.32 on Tuesday, hitting $45.84. 85,630 shares of the company's stock traded hands, compared to its average volume of 132,696. The firm's 50-day moving average is $45.13 and its 200 day moving average is $43.50. Heidrick & Struggles International, Inc. has a 52-week low of $35.38 and a 52-week high of $51.24. The stock has a market cap of $945.12 million, a P/E ratio of 130.83, a PEG ratio of 0.94 and a beta of 1.06.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last posted its earnings results on Monday, August 4th. The business services provider reported $0.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.74 by $0.11. The company had revenue of $317.25 million for the quarter, compared to analysts' expectations of $292.94 million. Heidrick & Struggles International had a return on equity of 14.23% and a net margin of 0.71%. Equities research analysts forecast that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current year.

Heidrick & Struggles International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 28th. Investors of record on Thursday, August 14th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.3%. Heidrick & Struggles International's payout ratio is currently 171.43%.

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.