Jane Street Group LLC Has $1.40 Million Stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Jane Street Group LLC grew its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 259.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 31,595 shares of the business services provider's stock after purchasing an additional 22,798 shares during the period. Jane Street Group LLC owned approximately 0.15% of Heidrick & Struggles International worth $1,400,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Allianz Asset Management GmbH boosted its position in shares of Heidrick & Struggles International by 39.2% during the fourth quarter. Allianz Asset Management GmbH now owns 599,411 shares of the business services provider's stock worth $26,560,000 after buying an additional 168,912 shares during the period. JPMorgan Chase & Co. boosted its position in Heidrick & Struggles International by 398.7% during the 4th quarter. JPMorgan Chase & Co. now owns 200,982 shares of the business services provider's stock worth $8,906,000 after acquiring an additional 160,677 shares during the period. American Century Companies Inc. boosted its position in Heidrick & Struggles International by 125.9% during the 4th quarter. American Century Companies Inc. now owns 287,569 shares of the business services provider's stock worth $12,742,000 after acquiring an additional 160,257 shares during the period. Alliancebernstein L.P. grew its stake in shares of Heidrick & Struggles International by 345.3% in the fourth 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 in the last quarter. Finally, Teacher Retirement System of Texas increased its holdings in shares of Heidrick & Struggles International by 180.4% during the fourth quarter. Teacher Retirement System of Texas now owns 62,190 shares of the business services provider's stock valued at $2,756,000 after purchasing an additional 40,010 shares during the period. Institutional investors and hedge funds own 90.13% of the company's stock.

Wall Street Analysts Forecast Growth

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

Insider Activity

In other Heidrick & Struggles International news, CEO Thomas L. Monahan bought 5,000 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The shares were acquired at an average cost of $45.55 per share, for a total transaction of $227,750.00. Following the acquisition, the chief executive officer now directly owns 144,834 shares of the company's stock, valued at $6,597,188.70. This trade represents a 3.58% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Insiders own 1.43% of the company's stock.

Heidrick & Struggles International Stock Down 1.2%

HSII traded down $0.53 during trading on Friday, reaching $42.75. The stock had a trading volume of 154,685 shares, compared to its average volume of 154,176. The stock has a 50 day moving average of $41.19 and a two-hundred day moving average of $43.60. The firm has a market capitalization of $881.55 million, a price-to-earnings ratio of 23.11, a price-to-earnings-growth ratio of 0.91 and a beta of 0.98. Heidrick & Struggles International, Inc. has a 1-year low of $30.20 and a 1-year high of $49.02.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The business services provider reported $0.67 EPS for the quarter, hitting analysts' consensus estimates of $0.67. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. The company had revenue of $287.44 million for the quarter, compared to the consensus estimate of $267.42 million. On average, research analysts forecast that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date is Thursday, May 15th. Heidrick & Struggles International's payout ratio is 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.