Northern Trust Corp Purchases 21,843 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Northern Trust Corp lifted its position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 9.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 251,778 shares of the business services provider's stock after purchasing an additional 21,843 shares during the quarter. Northern Trust Corp owned 1.23% of Heidrick & Struggles International worth $11,156,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Heidrick & Struggles International by 0.9% during the fourth 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. Renaissance Technologies LLC raised its position in shares of Heidrick & Struggles International by 3.7% during the fourth quarter. Renaissance Technologies LLC now owns 1,106,640 shares of the business services provider's stock worth $49,035,000 after purchasing an additional 39,800 shares during the period. Allianz Asset Management GmbH raised its position in shares of Heidrick & Struggles International by 39.2% during the fourth quarter. Allianz Asset Management GmbH now owns 599,411 shares of the business services provider's stock worth $26,560,000 after purchasing an additional 168,912 shares during the period. American Century Companies Inc. raised its position in shares of 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 purchasing an additional 160,257 shares during the period. Finally, JPMorgan Chase & Co. raised its position 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 worth $8,906,000 after purchasing an additional 160,677 shares during the period. 90.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HSII has been the subject of several recent research reports. Truist Financial upped their price target on Heidrick & Struggles International from $42.00 to $44.00 and gave the stock a "hold" rating in a report on Tuesday, April 15th. Barrington Research upped their price target on Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an "outperform" rating in a report on Wednesday, March 5th.

Heidrick & Struggles International Trading Up 1.0%

Heidrick & Struggles International stock traded up $0.42 during trading on Thursday, hitting $43.28. 109,988 shares of the company were exchanged, compared to its average volume of 154,174. The business's 50 day moving average is $41.18 and its 200 day moving average is $43.64. Heidrick & Struggles International, Inc. has a 52 week low of $30.20 and a 52 week high of $49.02. The company has a market capitalization of $892.48 million, a P/E ratio of 23.39, a PEG ratio of 0.91 and a beta of 0.98.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last announced its quarterly earnings data 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 the consensus estimate of $267.42 million. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. 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 disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.60 dividend on an annualized basis and a yield of 1.39%. Heidrick & Struggles International's dividend payout ratio (DPR) is presently 171.43%.

Insider Buying and Selling at Heidrick & Struggles International

In other Heidrick & Struggles International news, CEO Thomas L. Monahan acquired 5,000 shares of Heidrick & Struggles International stock in a transaction on Thursday, March 6th. The stock was purchased at an average price of $45.55 per share, for a total transaction of $227,750.00. Following the purchase, the chief executive officer now directly owns 144,834 shares of the company's stock, valued at $6,597,188.70. This trade represents a 3.58% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.43% 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.