Barrington Research Forecasts Strong Price Appreciation for Heidrick & Struggles International (NASDAQ:HSII) Stock

Heidrick & Struggles International (NASDAQ:HSII) had its price objective upped by Barrington Research from $50.00 to $52.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the business services provider’s stock. Barrington Research’s target price indicates a potential upside of 15.22% from the company’s current price.

Several other analysts have also commented on the stock. Truist Financial reaffirmed a “hold” rating and issued a $42.00 price objective (up previously from $40.00) on shares of Heidrick & Struggles International in a research report on Wednesday, December 4th. StockNews.com raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th.

Heidrick & Struggles International Stock Performance

NASDAQ:HSII traded up $0.65 during trading on Wednesday, reaching $45.13. The company’s stock had a trading volume of 251,664 shares, compared to its average volume of 123,520. Heidrick & Struggles International has a 12 month low of $29.03 and a 12 month high of $49.02. The firm has a market cap of $921.06 million, a price-to-earnings ratio of 24.39, a price-to-earnings-growth ratio of 0.91 and a beta of 0.80. The firm has a 50 day moving average of $44.46 and a 200-day moving average of $42.19.

Institutional Trading of Heidrick & Struggles International

Several hedge funds and other institutional investors have recently modified their holdings of HSII. Barclays PLC raised its holdings in Heidrick & Struggles International by 280.9% during the 3rd quarter. Barclays PLC now owns 37,476 shares of the business services provider’s stock valued at $1,456,000 after acquiring an additional 27,637 shares during the period. JPMorgan Chase & Co. grew its holdings in Heidrick & Struggles International by 21.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 40,305 shares of the business services provider’s stock valued at $1,566,000 after buying an additional 6,990 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Heidrick & Struggles International by 3.9% in the third quarter. Geode Capital Management LLC now owns 495,513 shares of the business services provider’s stock worth $19,259,000 after buying an additional 18,771 shares in the last quarter. Wellington Management Group LLP boosted its position in shares of Heidrick & Struggles International by 3.0% in the third quarter. Wellington Management Group LLP now owns 431,856 shares of the business services provider’s stock valued at $16,782,000 after acquiring an additional 12,640 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in Heidrick & Struggles International during the fourth quarter valued at approximately $638,000. Institutional investors own 90.13% of the company’s stock.

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.