Heidrick & Struggles International, Inc. (NASDAQ:HSII) Short Interest Down 5.1% in December

Heidrick & Struggles International, Inc. (NASDAQ:HSII) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 460,300 shares, a decline of 5.1% from the December 15th total of 484,900 shares. Based on an average trading volume of 142,100 shares, the short-interest ratio is currently 3.2 days.

Heidrick & Struggles International Trading Up 0.2 %

Heidrick & Struggles International stock opened at $46.09 on Friday. The firm has a market cap of $940.70 million, a PE ratio of 24.91, a P/E/G ratio of 0.95 and a beta of 0.88. Heidrick & Struggles International has a 12 month low of $27.07 and a 12 month high of $49.02. The stock’s 50 day simple moving average is $45.31 and its two-hundred day simple moving average is $40.05.

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, topping the consensus estimate of $0.68 by $0.04. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. The business had revenue of $282.82 million for the quarter, compared to analyst estimates of $267.65 million. During the same period in the prior year, the company posted $0.73 EPS. On average, equities research analysts forecast that Heidrick & Struggles International will post 2.68 EPS for the current year.

Heidrick & Struggles International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 14th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.30%. The ex-dividend date was Thursday, November 14th. Heidrick & Struggles International’s payout ratio is 32.43%.

Analysts Set New Price Targets

HSII has been the subject of several research analyst reports. Barrington Research increased their price objective on shares of Heidrick & Struggles International from $44.00 to $50.00 and gave the company an “outperform” rating in a research report on Monday, December 2nd. Truist Financial reiterated a “hold” rating and set a $42.00 price objective (up from $40.00) on shares of Heidrick & Struggles International in a research note on Wednesday, December 4th. Finally, StockNews.com raised Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th.

Institutional Trading of Heidrick & Struggles International

Several large investors have recently made changes to their positions in the company. Victory Capital Management Inc. boosted its stake in Heidrick & Struggles International by 7.5% during the 2nd quarter. Victory Capital Management Inc. now owns 5,705 shares of the business services provider’s stock worth $180,000 after purchasing an additional 396 shares during the last quarter. BNP Paribas Financial Markets boosted its position in Heidrick & Struggles International by 1.3% during the third quarter. BNP Paribas Financial Markets now owns 34,170 shares of the business services provider’s stock worth $1,328,000 after acquiring an additional 427 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in Heidrick & Struggles International by 7.1% during the second quarter. The Manufacturers Life Insurance Company now owns 7,738 shares of the business services provider’s stock worth $244,000 after acquiring an additional 510 shares during the last quarter. Quest Partners LLC purchased a new stake in Heidrick & Struggles International during the 3rd quarter valued at about $30,000. Finally, Gladius Capital Management LP acquired a new stake in Heidrick & Struggles International in the 3rd quarter valued at about $31,000. 90.13% of the stock is currently owned by hedge funds and other institutional investors.

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.