Allianz Asset Management GmbH Has $26.56 Million Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Allianz Asset Management GmbH grew its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 39.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 599,411 shares of the business services provider’s stock after purchasing an additional 168,912 shares during the period. Allianz Asset Management GmbH owned about 2.94% of Heidrick & Struggles International worth $26,560,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Principal Financial Group Inc. boosted its position in Heidrick & Struggles International by 4.4% in the fourth quarter. Principal Financial Group Inc. now owns 113,269 shares of the business services provider’s stock valued at $5,019,000 after buying an additional 4,784 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of Heidrick & Struggles International in the fourth quarter valued at approximately $451,000. Empowered Funds LLC boosted its holdings in shares of Heidrick & Struggles International by 2.6% in the 4th quarter. Empowered Funds LLC now owns 190,168 shares of the business services provider’s stock worth $8,426,000 after acquiring an additional 4,895 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in Heidrick & Struggles International during the 4th quarter worth approximately $638,000. Finally, Inspire Investing LLC increased its holdings in Heidrick & Struggles International by 160.1% during the 4th quarter. Inspire Investing LLC now owns 27,722 shares of the business services provider’s stock valued at $1,228,000 after purchasing an additional 17,062 shares in the last quarter. Institutional investors own 90.13% of the company’s stock.

Heidrick & Struggles International Stock Down 0.5 %

Heidrick & Struggles International stock opened at $41.19 on Tuesday. The stock has a market cap of $840.65 million, a price-to-earnings ratio of 22.26, a P/E/G ratio of 0.91 and a beta of 0.87. Heidrick & Struggles International, Inc. has a 12-month low of $28.58 and a 12-month high of $49.02. The business’s 50-day simple moving average is $44.85 and its 200 day simple moving average is $42.00.

Wall Street Analyst Weigh In

A number of research firms have commented on HSII. StockNews.com raised Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Barrington Research upped their price target on shares of Heidrick & Struggles International from $44.00 to $50.00 and gave the stock an “outperform” rating in a research report on Monday, December 2nd. Finally, Truist Financial restated a “hold” rating and issued a $42.00 price objective (up previously from $40.00) on shares of Heidrick & Struggles International in a research report on Wednesday, December 4th.

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.