Heidrick & Struggles International, Inc. (NASDAQ:HSII) Insider Sells $512,400.00 in Stock

Heidrick & Struggles International, Inc. (NASDAQ:HSII - Get Free Report) insider Sarah Payne sold 12,000 shares of the stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $42.70, for a total transaction of $512,400.00. Following the completion of the transaction, the insider now directly owns 20,384 shares of the company's stock, valued at approximately $870,396.80. The trade was a 37.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Heidrick & Struggles International Stock Performance

HSII opened at $44.56 on Friday. The stock's 50 day moving average price is $42.26 and its 200-day moving average price is $43.20. Heidrick & Struggles International, Inc. has a one year low of $30.20 and a one year high of $49.02. The stock has a market cap of $918.83 million, a price-to-earnings ratio of 127.32, a P/E/G ratio of 0.96 and a beta of 1.02.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last issued its earnings results on Monday, May 5th. The business services provider reported $0.67 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.67. The firm had revenue of $287.44 million during the quarter, compared to analyst estimates of $267.42 million. Heidrick & Struggles International had a net margin of 0.71% and a return on equity of 14.23%. As a group, analysts predict that Heidrick & Struggles International, Inc. will post 2.68 earnings per share 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 $0.15 dividend. The ex-dividend date was Thursday, May 15th. This represents a $0.60 annualized dividend and a yield of 1.35%. Heidrick & Struggles International's dividend payout ratio (DPR) is currently 171.43%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on HSII. Truist Financial increased their price target on Heidrick & Struggles International from $44.00 to $46.00 and gave the company a "hold" rating in a report on Friday, June 20th. Barrington Research reiterated an "outperform" rating and set a $52.00 price objective on shares of Heidrick & Struggles International in a research report on Friday, June 13th.

Institutional Investors Weigh In On Heidrick & Struggles International

Hedge funds have recently made changes to their positions in the company. Northern Trust Corp lifted its stake in Heidrick & Struggles International by 9.5% in the fourth quarter. Northern Trust Corp now owns 251,778 shares of the business services provider's stock worth $11,156,000 after acquiring an additional 21,843 shares during the period. Vanguard Group Inc. lifted its position in shares of Heidrick & Struggles International by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 1,517,661 shares of the business services provider's stock worth $67,248,000 after purchasing an additional 14,035 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of 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 purchasing an additional 160,677 shares in the last quarter. American Century Companies Inc. increased its holdings 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 valued at $12,742,000 after buying an additional 160,257 shares during the period. Finally, Prudential Financial Inc. raised its stake in Heidrick & Struggles International by 32.3% in the fourth quarter. Prudential Financial Inc. now owns 32,599 shares of the business services provider's stock worth $1,444,000 after buying an additional 7,950 shares in the last quarter. 90.13% of the stock is currently owned by hedge funds and other institutional investors.

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.