ProShare Advisors LLC Acquires Shares of 6,075 Heidrick & Struggles International, Inc. (NASDAQ:HSII)

ProShare Advisors LLC acquired a new stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 6,075 shares of the business services provider's stock, valued at approximately $269,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. 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 valued at $507,000 after acquiring an additional 365 shares in the last quarter. BNP Paribas Financial Markets increased its position in 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 acquiring an additional 400 shares in the last quarter. Swiss National Bank increased its position in Heidrick & Struggles International by 1.3% in the 4th quarter. Swiss National Bank now owns 40,000 shares of the business services provider's stock valued at $1,772,000 after acquiring an additional 500 shares in the last quarter. Sterling Capital Management LLC increased its position in Heidrick & Struggles International by 5.5% in the 4th quarter. Sterling Capital Management LLC now owns 10,984 shares of the business services provider's stock valued at $487,000 after acquiring an additional 574 shares in the last quarter. Finally, Hillsdale Investment Management Inc. increased its position in Heidrick & Struggles International by 0.7% in the 4th 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. Institutional investors and hedge funds own 90.13% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Truist Financial lifted their price target 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 lifted their price target on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 5th.

Insider Buying and Selling

In related news, CEO Thomas L. Monahan purchased 5,000 shares of the business's stock in a transaction on Thursday, March 6th. The shares were purchased at an average price of $45.55 per share, with a total value of $227,750.00. Following the completion of the purchase, the chief executive officer now owns 144,834 shares in the company, valued at $6,597,188.70. This represents a 3.58% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.43% of the stock is owned by insiders.

Heidrick & Struggles International Stock Up 0.4%

Heidrick & Struggles International stock traded up $0.17 during midday trading on Wednesday, hitting $43.71. 77,144 shares of the stock were exchanged, compared to its average volume of 151,264. The company has a fifty day simple moving average of $41.18 and a two-hundred day simple moving average of $43.46. Heidrick & Struggles International, Inc. has a 52 week low of $30.20 and a 52 week high of $49.02. The stock has a market capitalization of $901.34 million, a PE ratio of 23.63, a P/E/G ratio of 0.91 and a beta of 0.98.

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

Heidrick & Struggles International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Investors of record on Thursday, May 15th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.37%. The ex-dividend date of this dividend was Thursday, May 15th. Heidrick & Struggles International's payout ratio is 171.43%.

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.