D. E. Shaw & Co. Inc. Sells 33,009 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

D. E. Shaw & Co. Inc. cut its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 84.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,983 shares of the business services provider's stock after selling 33,009 shares during the quarter. D. E. Shaw & Co. Inc.'s holdings in Heidrick & Struggles International were worth $265,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in HSII. KLP Kapitalforvaltning AS bought a new position in shares of Heidrick & Struggles International in the fourth quarter valued at about $173,000. 4WEALTH Advisors Inc. bought a new position in shares of Heidrick & Struggles International in the fourth quarter valued at about $365,000. XTX Topco Ltd bought a new position in shares of Heidrick & Struggles International in the fourth quarter valued at about $405,000. ExodusPoint Capital Management LP bought a new position in shares of Heidrick & Struggles International in the fourth quarter valued at about $425,000. Finally, O Shaughnessy Asset Management LLC acquired a new stake in Heidrick & Struggles International in the fourth quarter worth about $445,000. 90.13% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Thomas L. Monahan purchased 5,000 shares of Heidrick & Struggles International stock in a transaction on Thursday, March 6th. The stock was purchased at an average price of $45.55 per share, with a total value 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. The trade was a 3.58% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 1.43% of the company's stock.

Analyst Upgrades and Downgrades

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

Heidrick & Struggles International Stock Up 0.4%

Shares of HSII traded up $0.16 on Friday, hitting $43.63. The company's stock had a trading volume of 124,499 shares, compared to its average volume of 152,077. The firm's fifty day moving average price is $41.20 and its 200-day moving average price is $43.46. Heidrick & Struggles International, Inc. has a fifty-two week low of $30.20 and a fifty-two week high of $49.02. The firm has a market capitalization of $899.69 million, a price-to-earnings ratio of 23.58, a P/E/G ratio of 0.91 and a beta of 0.98.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The business services provider reported $0.67 earnings per share (EPS) for the quarter, meeting the consensus estimate 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 during the quarter, compared to analyst estimates of $267.42 million. As a group, equities 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 company also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date of this dividend was Thursday, May 15th. Heidrick & Struggles International's dividend payout ratio (DPR) is currently 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.