Allianz Asset Management GmbH decreased its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 17.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 496,848 shares of the business services provider's stock after selling 102,563 shares during the quarter. Allianz Asset Management GmbH owned 2.41% of Heidrick & Struggles International worth $21,280,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of HSII. JPMorgan Chase & Co. raised its holdings in Heidrick & Struggles International by 398.7% in the 4th quarter. JPMorgan Chase & Co. now owns 200,982 shares of the business services provider's stock worth $8,906,000 after purchasing an additional 160,677 shares during the period. American Century Companies Inc. raised its holdings in Heidrick & Struggles International by 125.9% in 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 during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Heidrick & Struggles International in the 4th quarter worth about $3,752,000. Alliancebernstein L.P. raised its holdings in Heidrick & Struggles International by 345.3% in the 4th quarter. Alliancebernstein L.P. now owns 85,800 shares of the business services provider's stock worth $3,802,000 after purchasing an additional 66,530 shares during the period. Finally, Renaissance Technologies LLC raised its holdings in Heidrick & Struggles International by 3.7% in the 4th quarter. Renaissance Technologies LLC now owns 1,106,640 shares of the business services provider's stock worth $49,035,000 after purchasing an additional 39,800 shares during the period. Institutional investors and hedge funds own 90.13% of the company's stock.
Heidrick & Struggles International Trading Up 0.2%
Shares of NASDAQ HSII traded up $0.08 during midday trading on Monday, reaching $46.38. 3,671 shares of the company were exchanged, compared to its average volume of 133,971. Heidrick & Struggles International, Inc. has a 1 year low of $35.38 and a 1 year high of $49.02. The stock has a fifty day simple moving average of $44.91 and a 200 day simple moving average of $43.52. The stock has a market cap of $956.42 million, a P/E ratio of 132.69, a PEG ratio of 1.01 and a beta of 1.02.
Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The business services provider reported $0.67 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.67. Heidrick & Struggles International had a net margin of 0.71% and a return on equity of 14.23%. The company had revenue of $287.44 million during the quarter, compared to the consensus estimate of $267.42 million. As a group, analysts forecast that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current year.
Heidrick & Struggles International Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Investors of record on Thursday, May 15th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $0.60 annualized dividend and a dividend yield of 1.29%. Heidrick & Struggles International's dividend payout ratio is currently 171.43%.
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on HSII shares. Truist Financial increased their price target on Heidrick & Struggles International from $44.00 to $46.00 and gave the company a "hold" rating in a report on Friday, June 20th. Barrington Research restated an "outperform" rating and set a $52.00 price target on shares of Heidrick & Struggles International in a research report on Friday, June 13th.
Check Out Our Latest Research Report on HSII
Heidrick & Struggles International Company Profile
(
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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