Villanova Investment Management Co LLC lifted its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII – Free Report) by 10.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 27,522 shares of the business services provider’s stock after purchasing an additional 2,662 shares during the period. Villanova Investment Management Co LLC owned about 0.13% of Heidrick & Struggles International worth $1,220,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Allianz Asset Management GmbH grew its position in shares of Heidrick & Struggles International by 39.2% during the 4th quarter. Allianz Asset Management GmbH now owns 599,411 shares of the business services provider’s stock valued at $26,560,000 after acquiring an additional 168,912 shares during the period. JPMorgan Chase & Co. lifted its position in Heidrick & Struggles International by 398.7% during the fourth quarter. JPMorgan Chase & Co. now owns 200,982 shares of the business services provider’s stock valued at $8,906,000 after purchasing an additional 160,677 shares in the last quarter. American Century Companies Inc. lifted its position in Heidrick & Struggles International by 125.9% during the fourth quarter. American Century Companies Inc. now owns 287,569 shares of the business services provider’s stock valued at $12,742,000 after purchasing an additional 160,257 shares in the last quarter. Alliancebernstein L.P. grew its holdings in Heidrick & Struggles International by 345.3% during the fourth quarter. Alliancebernstein L.P. now owns 85,800 shares of the business services provider’s stock valued at $3,802,000 after purchasing an additional 66,530 shares during the period. Finally, Systematic Financial Management LP increased its position in Heidrick & Struggles International by 8.4% in the third quarter. Systematic Financial Management LP now owns 554,298 shares of the business services provider’s stock worth $21,540,000 after buying an additional 43,087 shares in the last quarter. Hedge funds and other institutional investors own 90.13% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on HSII shares. 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. Barrington Research upped their price target on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th.
Heidrick & Struggles International Stock Down 1.5 %
NASDAQ HSII opened at $42.83 on Tuesday. Heidrick & Struggles International, Inc. has a twelve month low of $29.03 and a twelve month high of $49.02. The business has a 50-day moving average price of $44.15 and a 200-day moving average price of $43.06. The firm has a market cap of $874.16 million, a price-to-earnings ratio of 23.15, a price-to-earnings-growth ratio of 0.91 and a beta of 0.80.
Heidrick & Struggles International Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend was Thursday, March 13th. Heidrick & Struggles International’s payout ratio is currently 150.00%.
Insider Buying and Selling at Heidrick & Struggles International
In other 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 bought at an average cost of $45.55 per share, for a total transaction of $227,750.00. Following the completion of the transaction, the chief executive officer now owns 144,834 shares of the company’s stock, valued at approximately $6,597,188.70. This represents a 3.58 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 1.30% of the company’s stock.
About Heidrick & Struggles International
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.
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