Illinois Municipal Retirement Fund Has $344,000 Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Illinois Municipal Retirement Fund cut its holdings in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 5.4% during the fourth quarter, Holdings Channel reports. The fund owned 11,647 shares of the business services provider’s stock after selling 666 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Heidrick & Struggles International were worth $344,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in HSII. Inspire Investing LLC acquired a new position in shares of Heidrick & Struggles International during the 3rd quarter worth approximately $617,000. Teacher Retirement System of Texas increased its holdings in shares of Heidrick & Struggles International by 3.8% during the 3rd quarter. Teacher Retirement System of Texas now owns 15,044 shares of the business services provider’s stock worth $376,000 after acquiring an additional 548 shares during the last quarter. LSV Asset Management grew its holdings in Heidrick & Struggles International by 4.0% in the 3rd quarter. LSV Asset Management now owns 305,767 shares of the business services provider’s stock valued at $7,650,000 after buying an additional 11,838 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in Heidrick & Struggles International by 77.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 297,188 shares of the business services provider’s stock valued at $7,436,000 after buying an additional 129,644 shares in the last quarter. Finally, Jump Financial LLC acquired a new position in Heidrick & Struggles International in the 3rd quarter valued at $268,000. 90.13% of the stock is owned by institutional investors and hedge funds.

Heidrick & Struggles International Stock Performance

HSII opened at $29.39 on Thursday. The firm has a market cap of $593.97 million, a P/E ratio of 11.09, a price-to-earnings-growth ratio of 0.70 and a beta of 0.83. Heidrick & Struggles International, Inc. has a 52-week low of $22.52 and a 52-week high of $35.38. The business’s fifty day moving average is $31.67 and its 200-day moving average is $29.05.

Heidrick & Struggles International (NASDAQ:HSII) last released its earnings results on Monday, February 26th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.03. The company had revenue of $253.16 million for the quarter, compared to analyst estimates of $248.17 million. Heidrick & Struggles International had a return on equity of 13.81% and a net margin of 5.23%. On average, research analysts predict that Heidrick & Struggles International, Inc. will post 2.69 earnings per share for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Friday, March 8th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.04%. The ex-dividend date was Thursday, March 7th. Heidrick & Struggles International’s dividend payout ratio (DPR) is currently 22.64%.

Analysts Set New Price Targets

HSII has been the topic of a number of research reports. Truist Financial upped their price objective on Heidrick & Struggles International from $27.00 to $30.00 and gave the company a “hold” rating in a report on Tuesday, February 27th. Barrington Research reaffirmed an “outperform” rating and issued a $40.00 price objective on shares of Heidrick & Struggles International in a report on Monday, March 4th. TheStreet raised Heidrick & Struggles International from a “c+” rating to a “b-” rating in a report on Monday, February 12th. Finally, StockNews.com raised Heidrick & Struggles International from a “hold” rating to a “buy” rating in a report on Tuesday, March 12th.

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.