Heidrick & Struggles International (NASDAQ:HSII) Stock Price Expected to Rise, Truist Financial Analyst Says

Heidrick & Struggles International (NASDAQ:HSII - Free Report) had its target price hoisted by Truist Financial from $44.00 to $46.00 in a research report sent to investors on Friday morning,Benzinga reports. They currently have a hold rating on the business services provider's stock.

Separately, Barrington Research reaffirmed an "outperform" rating and set a $52.00 price objective on shares of Heidrick & Struggles International in a report on Friday, June 13th.

Heidrick & Struggles International Stock Up 1.1%

NASDAQ HSII traded up $0.45 on Friday, reaching $43.21. The company had a trading volume of 155,581 shares, compared to its average volume of 140,122. The stock has a market capitalization of $891.03 million, a PE ratio of 123.46, a price-to-earnings-growth ratio of 0.93 and a beta of 1.02. Heidrick & Struggles International has a 12 month low of $30.20 and a 12 month high of $49.02. The firm's 50 day moving average price is $41.78 and its 200 day moving average price is $43.22.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The business services provider reported $0.67 earnings per share 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 return on equity of 14.23% and a net margin of 0.71%. On average, research analysts expect that Heidrick & Struggles International will post 2.68 EPS for the current year.

Heidrick & Struggles International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th were issued a $0.15 dividend. The ex-dividend date was Thursday, May 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.39%. Heidrick & Struggles International's dividend payout ratio (DPR) is presently 171.43%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. KLP Kapitalforvaltning AS bought a new stake in Heidrick & Struggles International during the fourth quarter worth approximately $173,000. Bailard Inc. bought a new position in Heidrick & Struggles International during the first quarter valued at $214,000. Gallacher Capital Management LLC purchased a new stake in shares of Heidrick & Struggles International in the first quarter valued at $231,000. ProShare Advisors LLC bought a new stake in shares of Heidrick & Struggles International in the 4th quarter worth about $269,000. Finally, Hohimer Wealth Management LLC boosted its stake in shares of Heidrick & Struggles International by 5.4% during the 1st quarter. Hohimer Wealth Management LLC now owns 6,922 shares of the business services provider's stock worth $296,000 after purchasing an additional 353 shares during the period. Institutional investors own 90.13% of the company's stock.

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.