Los Angeles Capital Management LLC Grows Stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Los Angeles Capital Management LLC increased its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 12.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 35,064 shares of the business services provider’s stock after acquiring an additional 3,920 shares during the period. Los Angeles Capital Management LLC owned about 0.17% of Heidrick & Struggles International worth $1,035,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Quantbot Technologies LP lifted its stake in shares of Heidrick & Struggles International by 559.4% during the 3rd quarter. Quantbot Technologies LP now owns 3,554 shares of the business services provider’s stock valued at $89,000 after buying an additional 3,015 shares in the last quarter. Bailard Inc. bought a new position in shares of Heidrick & Struggles International in the fourth quarter worth about $260,000. Quadrature Capital Ltd raised its stake in Heidrick & Struggles International by 22.7% during the 3rd quarter. Quadrature Capital Ltd now owns 10,514 shares of the business services provider’s stock valued at $263,000 after purchasing an additional 1,946 shares during the period. Jump Financial LLC bought a new position in Heidrick & Struggles International in the 3rd quarter worth approximately $268,000. Finally, Louisiana State Employees Retirement System bought a new stake in Heidrick & Struggles International in the 4th quarter valued at $298,000. Institutional investors own 90.13% of the company’s stock.

Heidrick & Struggles International Trading Up 1.7 %

Shares of NASDAQ:HSII opened at $32.34 on Friday. The company has a market capitalization of $654.82 million, a price-to-earnings ratio of 12.63, a PEG ratio of 0.77 and a beta of 0.88. Heidrick & Struggles International, Inc. has a 12 month low of $22.52 and a 12 month high of $35.38. The firm’s 50-day moving average is $31.54 and its 200 day moving average is $29.25.

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

Heidrick & Struggles International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 23rd. Stockholders of record on Thursday, May 16th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date is Wednesday, May 15th. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 23.44%.

Analyst Upgrades and Downgrades

HSII has been the subject of a number of recent research reports. Truist Financial raised their target price on shares of Heidrick & Struggles International from $30.00 to $33.00 and gave the company a “hold” rating in a report on Tuesday. TheStreet raised shares of Heidrick & Struggles International from a “c+” rating to a “b-” rating in a report on Monday, February 12th. Barrington Research reissued an “outperform” rating and set a $40.00 price objective on shares of Heidrick & Struggles International in a research note on Monday, March 4th. Finally, StockNews.com raised Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Tuesday, March 12th.

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.