Tower Research Capital LLC TRC Buys 9,020 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Tower Research Capital LLC TRC boosted its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 495.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 10,841 shares of the business services provider's stock after purchasing an additional 9,020 shares during the period. Tower Research Capital LLC TRC owned about 0.05% of Heidrick & Struggles International worth $480,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of HSII. Barclays PLC raised its position in Heidrick & Struggles International by 280.9% in the third quarter. Barclays PLC now owns 37,476 shares of the business services provider's stock worth $1,456,000 after acquiring an additional 27,637 shares during the period. Principal Financial Group Inc. boosted its position in shares of Heidrick & Struggles International by 8.6% in the third quarter. Principal Financial Group Inc. now owns 108,485 shares of the business services provider's stock valued at $4,216,000 after acquiring an additional 8,617 shares during the period. JPMorgan Chase & Co. grew its position in shares of Heidrick & Struggles International by 21.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 40,305 shares of the business services provider's stock valued at $1,566,000 after purchasing an additional 6,990 shares in the last quarter. SG Americas Securities LLC increased its stake in Heidrick & Struggles International by 19.6% in the 4th quarter. SG Americas Securities LLC now owns 13,650 shares of the business services provider's stock worth $605,000 after acquiring an additional 2,236 shares during the last quarter. Finally, Inspire Investing LLC increased its position in shares of Heidrick & Struggles International by 160.1% in the fourth quarter. Inspire Investing LLC now owns 27,722 shares of the business services provider's stock worth $1,228,000 after purchasing an additional 17,062 shares during the last quarter. 90.13% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Heidrick & Struggles International

In other news, CEO Thomas L. Monahan bought 5,000 shares of the firm's stock in a transaction on Thursday, March 6th. The stock was acquired at an average cost 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 of the company's stock, valued at approximately $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 Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.43% of the company's stock.

Heidrick & Struggles International Price Performance

HSII traded up $0.54 on Friday, hitting $39.71. The company had a trading volume of 87,256 shares, compared to its average volume of 156,276. The stock has a fifty day simple moving average of $41.42 and a 200-day simple moving average of $43.34. The firm has a market capitalization of $819.02 million, a P/E ratio of 21.46, a P/E/G ratio of 0.91 and a beta of 0.98. Heidrick & Struggles International, Inc. has a 52-week low of $29.03 and a 52-week high of $49.02.

Heidrick & Struggles International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.60 dividend on an annualized basis and a yield of 1.51%. Heidrick & Struggles International's dividend payout ratio (DPR) is currently 150.00%.

Analysts Set New Price Targets

HSII has been the subject of several research analyst reports. 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 note on Tuesday, April 15th. Barrington Research boosted their price objective on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the company an "outperform" rating in a research report on Wednesday, March 5th.

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.