Los Angeles Capital Management LLC Has $534,000 Stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Los Angeles Capital Management LLC lowered its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 12.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,745 shares of the business services provider’s stock after selling 1,900 shares during the period. Los Angeles Capital Management LLC owned 0.07% of Heidrick & Struggles International worth $534,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of HSII. Innealta Capital LLC acquired a new stake in shares of Heidrick & Struggles International in the 2nd quarter valued at $29,000. DekaBank Deutsche Girozentrale bought a new stake in Heidrick & Struggles International during the 1st quarter worth about $32,000. Quarry LP acquired a new position in Heidrick & Struggles International during the 2nd quarter valued at about $44,000. Meeder Asset Management Inc. bought a new position in shares of Heidrick & Struggles International in the 2nd quarter valued at about $58,000. Finally, Allspring Global Investments Holdings LLC raised its stake in shares of Heidrick & Struggles International by 1,382.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 3,824 shares of the business services provider’s stock worth $129,000 after buying an additional 3,566 shares during the last quarter. Institutional investors own 90.13% of the company’s stock.

Analyst Upgrades and Downgrades

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

Heidrick & Struggles International Stock Down 3.4 %

Shares of HSII stock opened at $44.78 on Friday. Heidrick & Struggles International, Inc. has a 12-month low of $26.52 and a 12-month high of $49.02. The firm has a fifty day moving average of $39.51 and a 200-day moving average of $36.36. The firm has a market capitalization of $913.96 million, a price-to-earnings ratio of 24.21, a price-to-earnings-growth ratio of 1.10 and a beta of 0.85.

Heidrick & Struggles International (NASDAQ:HSII) last posted its earnings results on Monday, November 4th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.04. The firm 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 previous year, the firm earned $0.73 earnings per share. Research analysts expect that Heidrick & Struggles International, Inc. will post 2.67 earnings per share for the current year.

Heidrick & Struggles International Announces Dividend

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

Heidrick & Struggles International Company Profile

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.