Teacher Retirement System of Texas Buys 40,010 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Teacher Retirement System of Texas boosted its position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 180.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 62,190 shares of the business services provider’s stock after acquiring an additional 40,010 shares during the period. Teacher Retirement System of Texas’ holdings in Heidrick & Struggles International were worth $2,756,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Quest Partners LLC acquired a new position in shares of Heidrick & Struggles International during the third quarter worth about $30,000. Quantbot Technologies LP bought a new stake in Heidrick & Struggles International in the 3rd quarter valued at approximately $33,000. Orion Portfolio Solutions LLC acquired a new position in Heidrick & Struggles International during the 3rd quarter worth approximately $207,000. HighTower Advisors LLC bought a new position in shares of Heidrick & Struggles International during the 3rd quarter worth approximately $212,000. Finally, Intech Investment Management LLC bought a new stake in shares of Heidrick & Struggles International in the third quarter worth $261,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

Heidrick & Struggles International Trading Down 0.5 %

Shares of HSII opened at $43.92 on Wednesday. The company’s fifty day simple moving average is $44.35 and its 200 day simple moving average is $42.86. Heidrick & Struggles International, Inc. has a 1-year low of $29.03 and a 1-year high of $49.02. The company has a market cap of $896.41 million, a price-to-earnings ratio of 23.74, a PEG ratio of 0.91 and a beta of 0.80.

Heidrick & Struggles International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.60 annualized dividend and a dividend yield of 1.37%. Heidrick & Struggles International’s dividend payout ratio is presently 150.00%.

Insider Activity

In other Heidrick & Struggles International news, CEO Thomas L. Monahan bought 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 6th. The shares were acquired at an average cost of $45.55 per share, with a total value of $227,750.00. Following the acquisition, the chief executive officer now owns 144,834 shares of the company’s stock, valued at $6,597,188.70. The trade was a 3.58 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.30% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms recently weighed in on HSII. Barrington Research raised 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. Truist Financial reiterated a “hold” rating and set a $42.00 target price (up previously from $40.00) on shares of Heidrick & Struggles International in a report on Wednesday, December 4th.

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.