Heidrick & Struggles International, Inc. (NASDAQ:HSII) Shares Sold by Applied Fundamental Research LLC

Applied Fundamental Research LLC reduced its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 1.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 436,398 shares of the business services provider’s stock after selling 4,272 shares during the quarter. Heidrick & Struggles International accounts for approximately 11.2% of Applied Fundamental Research LLC’s portfolio, making the stock its 4th largest holding. Applied Fundamental Research LLC’s holdings in Heidrick & Struggles International were worth $16,958,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Pacer Advisors Inc. acquired a new stake in Heidrick & Struggles International in the 2nd quarter valued at about $29,938,000. Mak Capital One LLC lifted its holdings in shares of Heidrick & Struggles International by 35.2% in the second quarter. Mak Capital One LLC now owns 993,408 shares of the business services provider’s stock valued at $31,372,000 after purchasing an additional 258,583 shares in the last quarter. Empowered Funds LLC grew its position in shares of Heidrick & Struggles International by 43.4% in the third quarter. Empowered Funds LLC now owns 185,273 shares of the business services provider’s stock valued at $7,200,000 after purchasing an additional 56,047 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its stake in shares of Heidrick & Struggles International by 55.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 118,414 shares of the business services provider’s stock worth $4,602,000 after purchasing an additional 42,195 shares in the last quarter. Finally, AXA S.A. acquired a new position in shares of Heidrick & Struggles International during the 2nd quarter worth approximately $970,000. 90.13% of the stock is owned by hedge funds and other institutional investors.

Heidrick & Struggles International Stock Performance

Shares of NASDAQ HSII opened at $47.00 on Tuesday. The firm has a market cap of $959.27 million, a P/E ratio of 25.41, a price-to-earnings-growth ratio of 1.09 and a beta of 0.85. Heidrick & Struggles International, Inc. has a 1 year low of $26.52 and a 1 year high of $49.02. The firm’s 50 day moving average price is $40.40 and its 200 day moving average price is $36.95.

Heidrick & Struggles International (NASDAQ:HSII) last announced its quarterly earnings data on Monday, November 4th. The business services provider reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.04. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. The business had revenue of $282.82 million during the quarter, compared to the consensus estimate of $267.65 million. During the same quarter in the previous year, the business earned $0.73 earnings per share. As a group, equities analysts predict that Heidrick & Struggles International, Inc. will post 2.67 EPS for the current year.

Heidrick & Struggles International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date was Thursday, November 14th. Heidrick & Struggles International’s dividend payout ratio is currently 32.43%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on HSII shares. Truist Financial reiterated a “hold” rating and set a $40.00 target price (up previously from $33.00) on shares of Heidrick & Struggles International in a report on Tuesday, November 5th. StockNews.com raised Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Finally, Barrington Research reiterated an “outperform” rating and set a $44.00 price objective on shares of Heidrick & Struggles International in a research report on Friday, September 20th.

About Heidrick & Struggles International

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, consulting, and on-demand talent services to businesses and business leaders worldwide. It enables its clients to build leadership teams by facilitating the recruitment, management, and development of senior executives.