Heidrick & Struggles International, Inc. $HSII Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lowered its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 13.3% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 11,158 shares of the business services provider’s stock after selling 1,717 shares during the quarter. SG Americas Securities LLC’s holdings in Heidrick & Struggles International were worth $511,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HSII. Vanguard Group Inc. grew its stake in shares of Heidrick & Struggles International by 0.3% during the first quarter. Vanguard Group Inc. now owns 1,522,327 shares of the business services provider’s stock valued at $65,201,000 after acquiring an additional 4,666 shares in the last quarter. Corvex Management LP purchased a new position in Heidrick & Struggles International in the first quarter valued at about $42,935,000. Geode Capital Management LLC grew its stake in Heidrick & Struggles International by 5.9% during the 2nd quarter. Geode Capital Management LLC now owns 541,396 shares of the business services provider’s stock valued at $24,777,000 after purchasing an additional 30,347 shares in the last quarter. American Century Companies Inc. increased its holdings in Heidrick & Struggles International by 50.5% during the 1st quarter. American Century Companies Inc. now owns 432,731 shares of the business services provider’s stock worth $18,534,000 after purchasing an additional 145,162 shares during the last quarter. Finally, LSV Asset Management increased its holdings in Heidrick & Struggles International by 6.3% during the 1st quarter. LSV Asset Management now owns 262,675 shares of the business services provider’s stock worth $11,250,000 after purchasing an additional 15,547 shares during the last quarter. 90.13% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on HSII. Barrington Research set a $59.00 target price on Heidrick & Struggles International in a research note on Thursday, October 9th. Wall Street Zen upgraded shares of Heidrick & Struggles International from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 9th. Truist Financial raised their price objective on shares of Heidrick & Struggles International from $48.00 to $59.00 and gave the stock a “hold” rating in a report on Monday, October 6th. Finally, Weiss Ratings restated 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, According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $59.00.

Heidrick & Struggles International Price Performance

Heidrick & Struggles International stock opened at $58.83 on Thursday. Heidrick & Struggles International, Inc. has a 12 month low of $36.87 and a 12 month high of $58.90. The company has a fifty day moving average price of $56.36 and a two-hundred day moving average price of $49.80. The company has a market cap of $1.22 billion, a PE ratio of 37.00, a P/E/G ratio of 1.15 and a beta of 1.10.

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

Heidrick & Struggles International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Thursday, November 13th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 13th. This represents a $0.60 dividend on an annualized basis and a yield of 1.0%. Heidrick & Struggles International’s dividend payout ratio (DPR) is currently 35.09%.

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.