Inspire Investing LLC Raises Stock Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Inspire Investing LLC lifted its position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 160.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 27,722 shares of the business services provider’s stock after buying an additional 17,062 shares during the period. Inspire Investing LLC’s holdings in Heidrick & Struggles International were worth $1,228,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Quest Partners LLC acquired a new position in Heidrick & Struggles International during the third quarter worth $30,000. Gladius Capital Management LP purchased a new position in shares of Heidrick & Struggles International in the third quarter valued at $31,000. Quantbot Technologies LP acquired a new position in shares of Heidrick & Struggles International during the 3rd quarter worth $33,000. Quarry LP purchased a new stake in shares of Heidrick & Struggles International in the 2nd quarter worth about $44,000. Finally, Orion Portfolio Solutions LLC acquired a new stake in Heidrick & Struggles International in the 3rd quarter valued at about $207,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Truist Financial restated a “hold” rating and set a $42.00 target price (up previously from $40.00) on shares of Heidrick & Struggles International in a research report on Wednesday, December 4th. Barrington Research upped their target price on Heidrick & Struggles International from $44.00 to $50.00 and gave the company an “outperform” rating in a research note on Monday, December 2nd. Finally, StockNews.com raised Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th.

Heidrick & Struggles International Price Performance

Shares of NASDAQ HSII opened at $45.98 on Friday. The company has a 50-day simple moving average of $45.22 and a 200-day simple moving average of $40.39. The company has a market cap of $938.45 million, a PE ratio of 24.85, a price-to-earnings-growth ratio of 1.00 and a beta of 0.88. Heidrick & Struggles International, Inc. has a 12 month low of $28.20 and a 12 month high of $49.02.

Heidrick & Struggles International (NASDAQ:HSII) last released its earnings results on Monday, November 4th. The business services provider reported $0.72 EPS for the quarter, topping the consensus estimate of $0.68 by $0.04. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. The firm had revenue of $282.82 million during the quarter, compared to analysts’ expectations of $267.65 million. During the same period in the previous year, the company earned $0.73 EPS. On average, analysts anticipate 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 was paid on Thursday, November 21st. Shareholders of record on Thursday, November 14th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date was Thursday, November 14th. Heidrick & Struggles International’s payout ratio is 32.43%.

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.