Teacher Retirement System of Texas Lowers Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Teacher Retirement System of Texas decreased its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 40.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,130 shares of the business services provider's stock after selling 25,060 shares during the period. Teacher Retirement System of Texas owned about 0.18% of Heidrick & Struggles International worth $1,590,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of HSII. Victory Capital Management Inc. lifted its stake in Heidrick & Struggles International by 12.0% in the fourth quarter. Victory Capital Management Inc. now owns 20,338 shares of the business services provider's stock valued at $901,000 after purchasing an additional 2,179 shares during the last quarter. Amundi lifted its stake in Heidrick & Struggles International by 217.4% in the fourth quarter. Amundi now owns 13,101 shares of the business services provider's stock valued at $579,000 after purchasing an additional 8,973 shares during the last quarter. Swiss National Bank lifted its stake in Heidrick & Struggles International by 1.3% in the fourth quarter. Swiss National Bank now owns 40,000 shares of the business services provider's stock valued at $1,772,000 after purchasing an additional 500 shares during the last quarter. Royce & Associates LP lifted its stake in Heidrick & Struggles International by 88.6% in the fourth quarter. Royce & Associates LP now owns 58,054 shares of the business services provider's stock valued at $2,572,000 after purchasing an additional 27,279 shares during the last quarter. Finally, Kennondale Capital Management LLC purchased a new position in Heidrick & Struggles International in the fourth quarter valued at approximately $901,000. Hedge funds and other institutional investors own 90.13% of the company's stock.

Heidrick & Struggles International Price Performance

Shares of NASDAQ:HSII traded up $0.28 during trading on Monday, hitting $47.14. 74,083 shares of the company were exchanged, compared to its average volume of 138,825. The company has a market cap of $972.03 million, a PE ratio of 134.69, a P/E/G ratio of 1.02 and a beta of 1.02. The stock has a 50 day moving average of $44.08 and a 200 day moving average of $43.38. Heidrick & Struggles International, Inc. has a 52-week low of $32.10 and a 52-week high of $49.02.

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, hitting analysts' consensus estimates of $0.67. Heidrick & Struggles International had a return on equity of 14.23% and a net margin of 0.71%. The company had revenue of $287.44 million for the quarter, compared to the consensus estimate of $267.42 million. Sell-side analysts forecast that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Investors of record on Thursday, May 15th were given a $0.15 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.27%. Heidrick & Struggles International's dividend payout ratio (DPR) is presently 171.43%.

Wall Street Analyst Weigh In

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

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.