Heidrick & Struggles International, Inc. (NASDAQ:HSII) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC grew its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 5,120.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,128 shares of the business services provider's stock after acquiring an additional 22,685 shares during the quarter. GAMMA Investing LLC owned about 0.11% of Heidrick & Struggles International worth $9,910,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Heidrick & Struggles International by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 1,517,661 shares of the business services provider's stock worth $67,248,000 after purchasing an additional 14,035 shares during the last quarter. Renaissance Technologies LLC grew its holdings 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 worth $49,035,000 after purchasing an additional 39,800 shares during the last quarter. Allianz Asset Management GmbH grew its holdings in shares of Heidrick & Struggles International by 39.2% in the fourth quarter. Allianz Asset Management GmbH now owns 599,411 shares of the business services provider's stock worth $26,560,000 after purchasing an additional 168,912 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of Heidrick & Struggles International by 125.9% in the fourth 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 last quarter. Finally, Northern Trust Corp grew its holdings in shares of Heidrick & Struggles International by 9.5% in the fourth quarter. Northern Trust Corp now owns 251,778 shares of the business services provider's stock worth $11,156,000 after purchasing an additional 21,843 shares during the last quarter. Hedge funds and other institutional investors own 90.13% of the company's stock.

Heidrick & Struggles International Trading Down 0.5%

Shares of NASDAQ:HSII traded down $0.24 during trading on Wednesday, reaching $44.07. The stock had a trading volume of 86,952 shares, compared to its average volume of 149,692. Heidrick & Struggles International, Inc. has a one year low of $30.20 and a one year high of $49.02. The company has a market capitalization of $908.77 million, a P/E ratio of 23.82, a PEG ratio of 0.91 and a beta of 1.02. The firm's 50-day simple moving average is $41.35 and its 200 day simple moving average is $43.41.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The business services provider reported $0.67 EPS for the quarter, meeting the consensus estimate of $0.67. The firm had revenue of $287.44 million during the quarter, compared to analyst estimates of $267.42 million. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. Equities research analysts forecast that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current fiscal 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 $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.36%. The ex-dividend date of this dividend was Thursday, May 15th. Heidrick & Struggles International's payout ratio is currently 171.43%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Barrington Research increased their target price on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an "outperform" rating in a report on Wednesday, March 5th. Truist Financial increased their target price on shares of Heidrick & Struggles International from $42.00 to $44.00 and gave the stock a "hold" rating in a report on Tuesday, April 15th.

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.