Heidrick & Struggles International, Inc. (NASDAQ:HSII) Shares Bought by Royce & Associates LP

Royce & Associates LP raised its position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 34.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,775 shares of the business services provider’s stock after acquiring an additional 7,851 shares during the quarter. Royce & Associates LP’s holdings in Heidrick & Struggles International were worth $1,196,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in HSII. Innealta Capital LLC acquired a new position in Heidrick & Struggles International in the 2nd quarter valued at $29,000. DekaBank Deutsche Girozentrale acquired a new stake in shares of Heidrick & Struggles International in the first quarter valued at about $32,000. Quarry LP purchased a new position in shares of Heidrick & Struggles International in the second quarter worth about $44,000. Meeder Asset Management Inc. acquired a new position in Heidrick & Struggles International during the second quarter worth about $58,000. Finally, Victory Capital Management Inc. boosted its position in Heidrick & Struggles International by 7.5% during the second quarter. Victory Capital Management Inc. now owns 5,705 shares of the business services provider’s stock worth $180,000 after acquiring an additional 396 shares during the last quarter. Hedge funds and other institutional investors own 90.13% of the company’s stock.

Heidrick & Struggles International Stock Performance

HSII opened at $44.82 on Wednesday. The business’s 50 day moving average price is $39.84 and its 200 day moving average price is $36.62. The stock has a market capitalization of $914.78 million, a PE ratio of 24.23, a P/E/G ratio of 1.05 and a beta of 0.85. Heidrick & Struggles International, Inc. has a one year low of $26.52 and a one year high of $49.02.

Heidrick & Struggles International (NASDAQ:HSII) last released its quarterly earnings results on Monday, November 4th. The business services provider reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.04. The business had revenue of $282.82 million during the quarter, compared to analysts’ expectations of $267.65 million. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. During the same period in the prior year, the business posted $0.73 EPS. As a group, equities research analysts forecast that Heidrick & Struggles International, Inc. will post 2.67 earnings per share for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 21st. Investors of record on Thursday, November 14th will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, November 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.34%. Heidrick & Struggles International’s payout ratio is currently 32.43%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on HSII shares. Truist Financial reissued a “hold” rating and issued a $40.00 target price (up from $33.00) on shares of Heidrick & Struggles International in a research note on Tuesday, November 5th. Barrington Research reissued an “outperform” rating and set a $44.00 price objective on shares of Heidrick & Struggles International in a research note on Friday, September 20th. Finally, StockNews.com raised Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th.

About Heidrick & Struggles International

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, consulting, and on-demand talent services to businesses and business leaders worldwide. It enables its clients to build leadership teams by facilitating the recruitment, management, and development of senior executives.