Heidrick & Struggles International (HSII) Stock Rating Upgraded by BidaskClub

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BidaskClub upgraded shares of Heidrick & Struggles International (NASDAQ:HSII) from a sell rating to a hold rating in a research report report published on Tuesday morning, BidAskClub reports.

Several other research firms have also weighed in on HSII. Zacks Investment Research upgraded Heidrick & Struggles International from a hold rating to a buy rating and set a $37.00 target price for the company in a report on Thursday, January 10th. Barrington Research lifted their price target on Heidrick & Struggles International to $51.00 and gave the stock an outperform rating in a research report on Wednesday, February 27th. Credit Suisse Group lifted their price target on Heidrick & Struggles International from $35.00 to $38.00 and gave the stock a neutral rating in a research report on Tuesday, February 26th. TheStreet raised Heidrick & Struggles International from a c+ rating to a b- rating in a research report on Tuesday, January 15th. Finally, ValuEngine downgraded Heidrick & Struggles International from a buy rating to a hold rating in a research report on Friday, March 22nd. Four research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus price target of $43.50.

HSII opened at $39.86 on Tuesday. Heidrick & Struggles International has a twelve month low of $28.25 and a twelve month high of $45.28. The company has a market capitalization of $756.70 million, a P/E ratio of 15.82, a P/E/G ratio of 1.17 and a beta of 1.43.

Heidrick & Struggles International (NASDAQ:HSII) last posted its earnings results on Monday, February 25th. The business services provider reported $0.58 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.17. Heidrick & Struggles International had a return on equity of 19.93% and a net margin of 6.70%. The firm had revenue of $185.31 million during the quarter, compared to analyst estimates of $176.05 million. Analysts predict that Heidrick & Struggles International will post 2.6 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Friday, March 8th were given a $0.15 dividend. This is an increase from Heidrick & Struggles International’s previous quarterly dividend of $0.13. This represents a $0.60 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend was Thursday, March 7th. Heidrick & Struggles International’s payout ratio is currently 23.81%.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Meeder Asset Management Inc. increased its position in Heidrick & Struggles International by 68.6% in the 1st quarter. Meeder Asset Management Inc. now owns 2,146 shares of the business services provider’s stock worth $82,000 after buying an additional 873 shares during the period. American Century Companies Inc. increased its position in shares of Heidrick & Struggles International by 6.7% during the fourth quarter. American Century Companies Inc. now owns 202,082 shares of the business services provider’s stock valued at $6,303,000 after purchasing an additional 12,601 shares during the period. Geode Capital Management LLC increased its position in shares of Heidrick & Struggles International by 13.7% during the fourth quarter. Geode Capital Management LLC now owns 349,710 shares of the business services provider’s stock valued at $10,907,000 after purchasing an additional 42,131 shares during the period. Psagot Investment House Ltd. bought a new stake in shares of Heidrick & Struggles International during the fourth quarter valued at approximately $343,000. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Heidrick & Struggles International during the fourth quarter valued at approximately $411,000. 92.34% of the stock is currently owned by institutional investors.

About Heidrick & Struggles International

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, culture shaping, and leadership consulting services on a retained basis to businesses and business leaders in the Americas, Europe, the Asia Pacific, and internationally. The company enables its clients to build leadership teams by facilitating the recruitment, management, and deployment of senior executives.

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