Jupiter Asset Management Ltd. Has $621,000 Stock Position in Heidrick & Struggles International, Inc. $HSII

Jupiter Asset Management Ltd. lifted its holdings in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 69.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,563 shares of the business services provider’s stock after acquiring an additional 5,564 shares during the period. Jupiter Asset Management Ltd. owned approximately 0.07% of Heidrick & Struggles International worth $621,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. increased its holdings in Heidrick & Struggles International by 2.6% during the 1st quarter. Principal Financial Group Inc. now owns 116,192 shares of the business services provider’s stock worth $4,977,000 after purchasing an additional 2,923 shares in the last quarter. New York State Common Retirement Fund boosted its position in shares of Heidrick & Struggles International by 30.8% during the first quarter. New York State Common Retirement Fund now owns 10,032 shares of the business services provider’s stock valued at $430,000 after buying an additional 2,365 shares during the last quarter. Victory Capital Management Inc. grew its holdings in Heidrick & Struggles International by 17.1% during the first quarter. Victory Capital Management Inc. now owns 23,824 shares of the business services provider’s stock worth $1,020,000 after buying an additional 3,486 shares in the last quarter. Bailard Inc. bought a new stake in Heidrick & Struggles International during the first quarter worth $214,000. Finally, Gallacher Capital Management LLC purchased a new stake in Heidrick & Struggles International in the 1st quarter valued at $231,000. Institutional investors own 90.13% of the company’s stock.

Heidrick & Struggles International Stock Performance

Shares of NASDAQ:HSII opened at $58.61 on Friday. The company’s 50-day moving average is $54.96 and its 200 day moving average is $48.70. The company has a market capitalization of $1.22 billion, a P/E ratio of 36.86, a price-to-earnings-growth ratio of 1.15 and a beta of 1.10. Heidrick & Struggles International, Inc. has a fifty-two week low of $36.87 and a fifty-two week high of $58.85.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings data on Monday, November 3rd. The business services provider reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.07. The business had revenue of $327.90 million during the quarter, compared to the consensus estimate of $305.19 million. Heidrick & Struggles International had a net margin of 2.92% and a return on equity of 14.85%. As a group, research analysts predict that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current year.

Heidrick & Struggles International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 26th. Investors of record on Thursday, November 13th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, November 13th. Heidrick & Struggles International’s payout ratio is 35.09%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on HSII shares. Barrington Research set a $59.00 price objective on shares of Heidrick & Struggles International in a report on Thursday, October 9th. Truist Financial raised their price target on shares of Heidrick & Struggles International from $48.00 to $59.00 and gave the company a “hold” rating in a research report on Monday, October 6th. Wall Street Zen raised shares of Heidrick & Struggles International from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 9th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Heidrick & Struggles International in a research note on Wednesday, October 8th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Heidrick & Struggles International currently has a consensus rating of “Hold” and a consensus target price of $59.00.

Heidrick & Struggles International 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.