ProShare Advisors LLC Makes New $269,000 Investment in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

ProShare Advisors LLC purchased a new position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 6,075 shares of the business services provider's stock, valued at approximately $269,000.

Several other large investors have also recently added to or reduced their stakes in the company. Millennium Management LLC boosted its holdings in Heidrick & Struggles International by 3.9% in the 4th quarter. Millennium Management LLC now owns 108,650 shares of the business services provider's stock valued at $4,814,000 after purchasing an additional 4,037 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of 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 buying an additional 365 shares during the period. Lazard Asset Management LLC boosted its stake in shares of Heidrick & Struggles International by 35.3% in the fourth quarter. Lazard Asset Management LLC now owns 59,252 shares of the business services provider's stock valued at $2,625,000 after buying an additional 15,448 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its holdings in Heidrick & Struggles International by 1.7% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 228,645 shares of the business services provider's stock worth $10,131,000 after acquiring an additional 3,868 shares during the period. Finally, Deutsche Bank AG grew its holdings in Heidrick & Struggles International by 51.8% during the fourth quarter. Deutsche Bank AG now owns 18,419 shares of the business services provider's stock worth $816,000 after acquiring an additional 6,285 shares during the period. 90.13% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Heidrick & Struggles International

In related news, CEO Thomas L. Monahan purchased 5,000 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The stock was purchased at an average price of $45.55 per share, with a total value of $227,750.00. Following the completion of the transaction, the chief executive officer now owns 144,834 shares of the company's stock, valued at approximately $6,597,188.70. This trade represents a 3.58% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.43% of the company's stock.

Wall Street Analyst Weigh In

HSII has been the topic of several research analyst reports. Barrington Research boosted their target price 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. Truist Financial boosted their price objective 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 Price Performance

HSII traded up $0.10 during trading on Tuesday, reaching $43.57. 62,463 shares of the stock were exchanged, compared to its average volume of 151,488. Heidrick & Struggles International, Inc. has a 1 year low of $30.20 and a 1 year high of $49.02. The business's 50 day moving average price is $41.19 and its two-hundred day moving average price is $43.46. The company has a market capitalization of $898.46 million, a price-to-earnings ratio of 23.55, 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 results on Monday, May 5th. The business services provider reported $0.67 earnings per share for the quarter, hitting analysts' consensus estimates of $0.67. The company had revenue of $287.44 million during the quarter, compared to analysts' expectations of $267.42 million. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. On average, analysts anticipate that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current year.

Heidrick & Struggles International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Investors of record on Thursday, May 15th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $0.60 dividend on an annualized basis and a yield of 1.38%. Heidrick & Struggles International's dividend payout ratio (DPR) is currently 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.