Heidrick & Struggles International, Inc. (NASDAQ:HSII - Get Free Report) insider Sarah Payne sold 12,000 shares of Heidrick & Struggles International stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $42.70, for a total value of $512,400.00. Following the transaction, the insider now owns 20,384 shares of the company's stock, valued at $870,396.80. This represents a 37.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Heidrick & Struggles International Stock Performance
NASDAQ HSII traded up $0.67 during mid-day trading on Tuesday, reaching $43.88. 114,451 shares of the stock were exchanged, compared to its average volume of 140,020. The stock has a market capitalization of $904.81 million, a PE ratio of 125.38, a PEG ratio of 0.93 and a beta of 1.02. Heidrick & Struggles International, Inc. has a 1-year low of $30.20 and a 1-year high of $49.02. The business's fifty day simple moving average is $41.81 and its 200 day simple moving average is $43.21.
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 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.67. The business had revenue of $287.44 million for the quarter, compared to analysts' expectations of $267.42 million. Heidrick & Struggles International had a return on equity of 14.23% and a net margin of 0.71%. On average, analysts anticipate that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current year.
Heidrick & Struggles International Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th were issued a dividend of $0.15 per share. The ex-dividend date was Thursday, May 15th. This represents a $0.60 annualized dividend and a dividend yield of 1.37%. Heidrick & Struggles International's payout ratio is currently 171.43%.
Wall Street Analyst Weigh In
HSII has been the subject of a number of analyst reports. Truist Financial boosted their price target on Heidrick & Struggles International from $44.00 to $46.00 and gave the stock a "hold" rating in a report on Friday. Barrington Research reissued an "outperform" rating and issued a $52.00 target price on shares of Heidrick & Struggles International in a research note on Friday, June 13th.
Check Out Our Latest Report on HSII
Institutional Investors Weigh In On Heidrick & Struggles International
Several hedge funds have recently modified their holdings of the stock. Corvex Management LP acquired a new position in shares of Heidrick & Struggles International in the 1st quarter valued at $42,935,000. Nuveen LLC purchased a new position in shares of Heidrick & Struggles International in the 1st quarter worth $7,622,000. Allianz Asset Management GmbH boosted its holdings in 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 valued at $26,560,000 after acquiring an additional 168,912 shares during the last quarter. JPMorgan Chase & Co. grew its position in Heidrick & Struggles International by 398.7% during the fourth quarter. JPMorgan Chase & Co. now owns 200,982 shares of the business services provider's stock valued at $8,906,000 after acquiring an additional 160,677 shares during the period. Finally, American Century Companies Inc. increased its stake in Heidrick & Struggles International by 125.9% during the fourth 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 last quarter. 90.13% of the stock is owned by institutional investors and hedge funds.
Heidrick & Struggles International Company Profile
(
Get Free Report)
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.
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