Invesco Ltd. Trims Holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Invesco Ltd. decreased its position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 20.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 302,271 shares of the business services provider's stock after selling 77,304 shares during the period. Invesco Ltd. owned about 1.48% of Heidrick & Struggles International worth $13,394,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in HSII. KLP Kapitalforvaltning AS bought a new position in Heidrick & Struggles International in the fourth quarter worth $173,000. HighTower Advisors LLC bought a new position in shares of Heidrick & Struggles International in the 3rd quarter worth about $212,000. ExodusPoint Capital Management LP purchased a new position in Heidrick & Struggles International during the 4th quarter valued at about $425,000. O Shaughnessy Asset Management LLC purchased a new stake in Heidrick & Struggles International in the fourth quarter worth about $445,000. Finally, Allspring Global Investments Holdings LLC purchased a new position in shares of Heidrick & Struggles International during the fourth quarter valued at approximately $451,000. Institutional investors own 90.13% of the company's stock.

Heidrick & Struggles International Stock Performance

Shares of HSII stock traded up $0.02 during mid-day trading on Friday, hitting $38.56. The company's stock had a trading volume of 168,126 shares, compared to its average volume of 155,873. The stock has a market cap of $795.30 million, a price-to-earnings ratio of 20.84, a PEG ratio of 0.91 and a beta of 0.86. Heidrick & Struggles International, Inc. has a 52-week low of $29.03 and a 52-week high of $49.02. The business has a 50-day moving average price of $41.69 and a 200 day moving average price of $43.25.

Heidrick & Struggles International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date of this dividend was Thursday, March 13th. Heidrick & Struggles International's payout ratio is presently 150.00%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on HSII shares. Barrington Research raised their price objective on Heidrick & Struggles International from $50.00 to $52.00 and gave the company an "outperform" rating in a research report on Wednesday, March 5th. Truist Financial lifted their price target on Heidrick & Struggles International from $42.00 to $44.00 and gave the stock a "hold" rating in a research report on Tuesday, April 15th.

Insider Transactions at Heidrick & Struggles International

In other news, CEO Thomas L. Monahan bought 5,000 shares of the stock in a transaction on Thursday, March 6th. The shares were bought at an average price of $45.55 per share, with a total value of $227,750.00. Following the completion of the acquisition, the chief executive officer now owns 144,834 shares in the company, valued at $6,597,188.70. The trade was a 3.58 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.43% of the company's stock.

Heidrick & Struggles International 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.