Heidrick & Struggles International (NASDAQ:HSII) PT Raised to $33.00

Heidrick & Struggles International (NASDAQ:HSII) had its price target raised by Truist Financial from $30.00 to $33.00 in a research note issued on Tuesday, Benzinga reports. The brokerage currently has a “hold” rating on the business services provider’s stock. Truist Financial’s price target indicates a potential upside of 3.77% from the stock’s previous close.

A number of other research analysts also recently commented on HSII. StockNews.com upgraded Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Tuesday, March 12th. Barrington Research restated an “outperform” rating and issued a $40.00 target price on shares of Heidrick & Struggles International in a report on Monday, March 4th. Finally, TheStreet upgraded Heidrick & Struggles International from a “c+” rating to a “b-” rating in a research report on Monday, February 12th.

Heidrick & Struggles International Stock Performance

NASDAQ:HSII opened at $31.80 on Tuesday. The stock has a 50-day simple moving average of $31.58 and a two-hundred day simple moving average of $29.23. Heidrick & Struggles International has a 52-week low of $22.52 and a 52-week high of $35.38. The firm has a market capitalization of $642.68 million, a PE ratio of 12.00, a P/E/G ratio of 0.77 and a beta of 0.88.

Heidrick & Struggles International (NASDAQ:HSII) last released its earnings results on Monday, February 26th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.03. Heidrick & Struggles International had a net margin of 5.23% and a return on equity of 13.81%. The company had revenue of $253.16 million during the quarter, compared to analyst estimates of $248.17 million. Equities analysts forecast that Heidrick & Struggles International will post 2.41 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Heidrick & Struggles International

Several hedge funds have recently added to or reduced their stakes in HSII. Inspire Investing LLC purchased a new stake in shares of Heidrick & Struggles International in the third quarter worth approximately $617,000. Teacher Retirement System of Texas boosted its stake in shares of Heidrick & Struggles International by 3.8% during the third quarter. Teacher Retirement System of Texas now owns 15,044 shares of the business services provider’s stock valued at $376,000 after purchasing an additional 548 shares during the period. LSV Asset Management increased its stake in Heidrick & Struggles International by 4.0% in the 3rd quarter. LSV Asset Management now owns 305,767 shares of the business services provider’s stock worth $7,650,000 after buying an additional 11,838 shares during the period. Assenagon Asset Management S.A. boosted its position in Heidrick & Struggles International by 77.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 297,188 shares of the business services provider’s stock valued at $7,436,000 after buying an additional 129,644 shares during the period. Finally, Illinois Municipal Retirement Fund bought a new position in Heidrick & Struggles International in the 3rd quarter worth about $308,000. 90.13% of the stock is currently owned by institutional investors.

Heidrick & Struggles International Company 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.