Algert Global LLC Has $1.44 Million Stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Algert Global LLC trimmed its holdings in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 31.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 37,090 shares of the business services provider’s stock after selling 17,010 shares during the period. Algert Global LLC’s holdings in Heidrick & Struggles International were worth $1,441,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

Several research firms recently commented on HSII. StockNews.com raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. Barrington Research reaffirmed an “outperform” rating and issued a $44.00 target price on shares of Heidrick & Struggles International in a report on Friday, September 20th. Finally, Truist Financial reaffirmed a “hold” rating and issued a $40.00 target price (up from $33.00) on shares of Heidrick & Struggles International in a report on Tuesday, November 5th.

Heidrick & Struggles International Stock Down 1.3 %

Shares of NASDAQ:HSII opened at $46.13 on Friday. The company’s 50 day moving average price is $40.93 and its two-hundred day moving average price is $37.21. Heidrick & Struggles International, Inc. has a 12-month low of $26.52 and a 12-month high of $49.02. The firm has a market cap of $941.47 million, a PE ratio of 24.94, a PEG ratio of 1.10 and a beta of 0.85.

Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings results on Monday, November 4th. The business services provider reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.04. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. The company had revenue of $282.82 million during the quarter, compared to the consensus estimate of $267.65 million. During the same quarter in the prior year, the firm posted $0.73 EPS. On average, research analysts expect that Heidrick & Struggles International, Inc. will post 2.67 EPS for the current year.

Heidrick & Struggles International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date of this dividend was Thursday, November 14th. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 32.43%.

Heidrick & Struggles International Profile

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.