Mackenzie Financial Corp Takes Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Mackenzie Financial Corp acquired a new position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 13,330 shares of the business services provider's stock, valued at approximately $591,000. Mackenzie Financial Corp owned approximately 0.07% of Heidrick & Struggles International at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of HSII. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Heidrick & Struggles International by 3.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,445 shares of the business services provider's stock worth $507,000 after purchasing an additional 365 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of Heidrick & Struggles International by 1.2% in the 4th quarter. BNP Paribas Financial Markets now owns 34,570 shares of the business services provider's stock valued at $1,532,000 after buying an additional 400 shares in the last quarter. Swiss National Bank increased its holdings 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 worth $1,772,000 after buying an additional 500 shares during the last quarter. Sterling Capital Management LLC increased its holdings in Heidrick & Struggles International by 5.5% in the fourth quarter. Sterling Capital Management LLC now owns 10,984 shares of the business services provider's stock worth $487,000 after buying an additional 574 shares during the last quarter. Finally, Hillsdale Investment Management Inc. raised its position in Heidrick & Struggles International by 0.7% during the fourth quarter. Hillsdale Investment Management Inc. now owns 114,100 shares of the business services provider's stock valued at $5,056,000 after acquiring an additional 800 shares in the last quarter. 90.13% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HSII has been the subject of several recent research reports. Truist Financial boosted their target price on shares of 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 upped their price objective 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.

Heidrick & Struggles International Price Performance

Shares of HSII stock traded down $0.21 during trading on Thursday, reaching $43.50. The company had a trading volume of 23,090 shares, compared to its average volume of 136,493. The company has a market capitalization of $897.10 million, a PE ratio of 23.55, a PEG ratio of 0.91 and a beta of 0.98. The firm's 50 day simple moving average is $41.18 and its two-hundred day simple moving average is $43.46. Heidrick & Struggles International, Inc. has a one year low of $30.20 and a one year high of $49.02.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The business services provider reported $0.67 EPS for the quarter, meeting analysts' consensus estimates of $0.67. The company had revenue of $287.44 million for 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%. Analysts forecast that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current year.

Heidrick & Struggles International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Stockholders 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 dividend yield of 1.38%. The ex-dividend date was Thursday, May 15th. Heidrick & Struggles International's dividend payout ratio is presently 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.