Lazard Asset Management LLC Purchases 15,448 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Lazard Asset Management LLC increased its position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 35.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,252 shares of the business services provider's stock after acquiring an additional 15,448 shares during the quarter. Lazard Asset Management LLC owned about 0.29% of Heidrick & Struggles International worth $2,625,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in HSII. KLP Kapitalforvaltning AS acquired a new position in shares of Heidrick & Struggles International during the fourth quarter valued at $173,000. 4WEALTH Advisors Inc. acquired a new position in shares of Heidrick & Struggles International during the fourth quarter valued at $365,000. XTX Topco Ltd acquired a new position in shares of Heidrick & Struggles International during the fourth quarter valued at $405,000. ExodusPoint Capital Management LP acquired a new position in Heidrick & Struggles International in the fourth quarter valued at about $425,000. Finally, O Shaughnessy Asset Management LLC acquired a new position in Heidrick & Struggles International in the fourth quarter valued at about $445,000. Institutional investors and hedge funds own 90.13% of the company's stock.

Heidrick & Struggles International Price Performance

Shares of Heidrick & Struggles International stock traded up $0.03 during trading hours on Tuesday, hitting $43.19. The company's stock had a trading volume of 85,677 shares, compared to its average volume of 154,760. Heidrick & Struggles International, Inc. has a 12 month low of $30.20 and a 12 month high of $49.02. The stock has a 50 day moving average of $41.16 and a 200 day moving average of $43.63. The company has a market capitalization of $890.62 million, a PE ratio of 23.35, a price-to-earnings-growth ratio of 0.91 and a beta of 0.98.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last announced its quarterly earnings results 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. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. The company had revenue of $287.44 million during the quarter, compared to the consensus estimate of $267.42 million. Equities analysts expect that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current year.

Heidrick & Struggles International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.60 annualized dividend and a dividend yield of 1.39%. Heidrick & Struggles International's dividend payout ratio (DPR) is currently 171.43%.

Analyst Ratings Changes

Several equities analysts have weighed in on HSII shares. Barrington Research increased their target price on Heidrick & Struggles International from $50.00 to $52.00 and gave the company an "outperform" rating in a research note on Wednesday, March 5th. Truist Financial increased their target price on Heidrick & Struggles International from $42.00 to $44.00 and gave the company a "hold" rating in a research note on Tuesday, April 15th.

Insiders Place Their Bets

In other news, CEO Thomas L. Monahan acquired 5,000 shares of the firm's stock in a transaction that occurred on Thursday, March 6th. The stock was acquired at an average cost of $45.55 per share, for a total transaction 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. This represents a 3.58% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.43% of the company's stock.

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.