New Age Alpha Advisors LLC Purchases New Shares in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

New Age Alpha Advisors LLC acquired a new stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 28,148 shares of the business services provider’s stock, valued at approximately $1,247,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Quest Partners LLC bought a new position in Heidrick & Struggles International in the 3rd quarter valued at $30,000. Quantbot Technologies LP purchased a new position in Heidrick & Struggles International during the third quarter valued at approximately $33,000. KLP Kapitalforvaltning AS bought a new position in shares of Heidrick & Struggles International in the 4th quarter worth $173,000. Orion Portfolio Solutions LLC bought a new stake in Heidrick & Struggles International during the third quarter valued at about $207,000. Finally, HighTower Advisors LLC purchased a new position in Heidrick & Struggles International in the third quarter valued at about $212,000. Hedge funds and other institutional investors own 90.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Truist Financial reiterated a “hold” rating and set a $42.00 price objective (up previously from $40.00) on shares of Heidrick & Struggles International in a research note on Wednesday, December 4th. Barrington Research boosted their target price on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the company an “outperform” rating in a research report on Wednesday, March 5th.

Heidrick & Struggles International Stock Down 1.4 %

Heidrick & Struggles International stock opened at $43.48 on Monday. The business’s 50-day moving average price is $44.21 and its 200 day moving average price is $43.02. Heidrick & Struggles International, Inc. has a 52 week low of $29.03 and a 52 week high of $49.02. The firm has a market cap of $887.43 million, a price-to-earnings ratio of 23.50, a price-to-earnings-growth ratio of 0.91 and a beta of 0.80.

Heidrick & Struggles International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were given a $0.15 dividend. The ex-dividend date was Thursday, March 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.38%. Heidrick & Struggles International’s dividend payout ratio (DPR) is currently 150.00%.

Insiders Place Their Bets

In other news, CEO Thomas L. Monahan bought 5,000 shares of the firm’s stock in a transaction dated Thursday, March 6th. The shares were acquired at an average price of $45.55 per share, for a total transaction of $227,750.00. Following the completion of the transaction, the chief executive officer now directly owns 144,834 shares in the company, valued at $6,597,188.70. The trade was a 3.58 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.30% of the stock is currently owned by company insiders.

Heidrick & Struggles International 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.