Segall Bryant & Hamill LLC Acquires Shares of 27,275 Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Segall Bryant & Hamill LLC bought a new position in Heidrick & Struggles International, Inc. (NASDAQ:HSII) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 27,275 shares of the business services provider’s stock, valued at approximately $1,209,000. Segall Bryant & Hamill LLC owned 0.13% of Heidrick & Struggles International at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Barclays PLC grew its stake in Heidrick & Struggles International by 280.9% in the third quarter. Barclays PLC now owns 37,476 shares of the business services provider’s stock worth $1,456,000 after purchasing an additional 27,637 shares during the period. JPMorgan Chase & Co. grew its position in shares of Heidrick & Struggles International by 21.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 40,305 shares of the business services provider’s stock worth $1,566,000 after buying an additional 6,990 shares during the period. Geode Capital Management LLC increased its stake in shares of Heidrick & Struggles International by 3.9% in the 3rd quarter. Geode Capital Management LLC now owns 495,513 shares of the business services provider’s stock worth $19,259,000 after acquiring an additional 18,771 shares in the last quarter. Wellington Management Group LLP lifted its position in Heidrick & Struggles International by 3.0% during the 3rd 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. bought a new stake in Heidrick & Struggles International during the fourth quarter worth about $638,000. Institutional investors own 90.13% of the company’s stock.

Insider Transactions at Heidrick & Struggles International

In other Heidrick & Struggles International news, CEO Thomas L. Monahan acquired 5,000 shares of Heidrick & Struggles International stock in a transaction that occurred on Thursday, March 6th. The stock was bought at an average cost of $45.55 per share, for a total transaction 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. This represents a 3.58 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Barrington Research lifted their target price on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the company an “outperform” rating in a report on Wednesday, March 5th. Truist Financial reissued a “hold” rating and issued a $42.00 target price (up from $40.00) on shares of Heidrick & Struggles International in a report on Wednesday, December 4th.

Heidrick & Struggles International Stock Performance

Shares of Heidrick & Struggles International stock opened at $43.48 on Friday. The company has a 50-day simple moving average of $44.21 and a two-hundred day simple moving average of $42.93. The stock has a market capitalization of $887.43 million, a PE ratio of 23.50, a price-to-earnings-growth ratio of 0.91 and a beta of 0.80. Heidrick & Struggles International, Inc. has a 52-week low of $29.03 and a 52-week high of $49.02.

Heidrick & Struggles International Announces Dividend

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

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.