Hohimer Wealth Management LLC Raises Stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Hohimer Wealth Management LLC raised its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 5.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,922 shares of the business services provider’s stock after acquiring an additional 353 shares during the quarter. Hohimer Wealth Management LLC’s holdings in Heidrick & Struggles International were worth $296,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of Heidrick & Struggles International by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 1,517,661 shares of the business services provider’s stock worth $67,248,000 after buying an additional 14,035 shares during the last quarter. Renaissance Technologies LLC lifted its position in shares of Heidrick & Struggles International by 3.7% during the 4th quarter. Renaissance Technologies LLC now owns 1,106,640 shares of the business services provider’s stock worth $49,035,000 after buying an additional 39,800 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Heidrick & Struggles International by 125.9% during the 4th quarter. American Century Companies Inc. now owns 287,569 shares of the business services provider’s stock worth $12,742,000 after buying an additional 160,257 shares during the last quarter. Northern Trust Corp increased its holdings in shares of Heidrick & Struggles International by 9.5% in the 4th quarter. Northern Trust Corp now owns 251,778 shares of the business services provider’s stock valued at $11,156,000 after acquiring an additional 21,843 shares during the period. Finally, Jacobs Levy Equity Management Inc. increased its holdings in shares of Heidrick & Struggles International by 1.7% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 228,645 shares of the business services provider’s stock valued at $10,131,000 after acquiring an additional 3,868 shares during the period. Hedge funds and other institutional investors own 90.13% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on HSII. Truist Financial lifted their target price on shares of Heidrick & Struggles International from $44.00 to $46.00 and gave the company a “hold” rating in a report on Friday, June 20th. Barrington Research reaffirmed an “outperform” rating and issued a $52.00 target price on shares of Heidrick & Struggles International in a report on Friday, June 13th.

Heidrick & Struggles International Stock Up 0.6%

NASDAQ:HSII opened at $47.14 on Tuesday. The firm’s fifty day simple moving average is $44.08 and its 200-day simple moving average is $43.38. The stock has a market cap of $972.03 million, a PE ratio of 134.69, a price-to-earnings-growth ratio of 1.02 and a beta of 1.02. Heidrick & Struggles International, Inc. has a fifty-two week low of $32.10 and a fifty-two week high of $49.02.

Heidrick & Struggles International (NASDAQ:HSII) last released its quarterly earnings data on Monday, May 5th. The business services provider reported $0.67 EPS for the quarter, hitting analysts’ consensus estimates of $0.67. The firm had revenue of $287.44 million for the quarter, compared to the consensus estimate of $267.42 million. Heidrick & Struggles International had a net margin of 0.71% and a return on equity of 14.23%. Equities analysts anticipate that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current year.

Heidrick & Struggles International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Investors of record on Thursday, May 15th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend was Thursday, May 15th. Heidrick & Struggles International’s dividend payout ratio is currently 171.43%.

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.