Tudor Investment Corp ET AL Reduces Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Tudor Investment Corp ET AL cut its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 74.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,403 shares of the business services provider's stock after selling 30,886 shares during the period. Tudor Investment Corp ET AL owned about 0.05% of Heidrick & Struggles International worth $461,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Barclays PLC increased its holdings 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 valued at $1,456,000 after purchasing an additional 27,637 shares during the period. JPMorgan Chase & Co. boosted 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 worth $1,566,000 after purchasing an additional 6,990 shares in the last quarter. SG Americas Securities LLC lifted its position 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 valued at $605,000 after acquiring an additional 2,236 shares in the last quarter. Inspire Investing LLC lifted its position in Heidrick & Struggles International by 160.1% in the 4th quarter. Inspire Investing LLC now owns 27,722 shares of the business services provider's stock valued at $1,228,000 after acquiring an additional 17,062 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in Heidrick & Struggles International in the 4th quarter valued at about $638,000. 90.13% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

HSII has been the subject of several research analyst reports. Truist Financial raised their price target on shares of 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 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.

Insider Activity at Heidrick & Struggles International

In related news, CEO Thomas L. Monahan bought 5,000 shares of Heidrick & Struggles International stock in a transaction dated Thursday, March 6th. The shares were acquired at an average cost of $45.55 per share, with a total value of $227,750.00. Following the completion of the transaction, 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 position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.43% of the stock is owned by insiders.

Heidrick & Struggles International Price Performance

Shares of NASDAQ:HSII traded up $0.91 during midday trading on Monday, hitting $43.26. The company had a trading volume of 102,673 shares, compared to its average volume of 156,043. Heidrick & Struggles International, Inc. has a 12-month low of $30.20 and a 12-month high of $49.02. The company has a market cap of $892.06 million, a price-to-earnings ratio of 23.38, a PEG ratio of 0.91 and a beta of 0.98. The company has a fifty day moving average of $41.41 and a two-hundred day moving average of $43.46.

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. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. The firm had revenue of $287.44 million during the quarter, compared to analyst estimates of $267.42 million. Research analysts expect that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current fiscal year.

Heidrick & Struggles International Announces Dividend

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

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.