BNP Paribas Financial Markets Increases Holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

BNP Paribas Financial Markets raised its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 1.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 34,570 shares of the business services provider’s stock after buying an additional 400 shares during the quarter. BNP Paribas Financial Markets’ holdings in Heidrick & Struggles International were worth $1,532,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Algert Global LLC raised its stake in Heidrick & Struggles International by 4.5% during the fourth quarter. Algert Global LLC now owns 38,759 shares of the business services provider’s stock valued at $1,717,000 after buying an additional 1,669 shares during the last quarter. 4WEALTH Advisors Inc. purchased a new position in Heidrick & Struggles International during the fourth quarter valued at $365,000. Jane Street Group LLC raised its stake in Heidrick & Struggles International by 259.2% during the fourth quarter. Jane Street Group LLC now owns 31,595 shares of the business services provider’s stock valued at $1,400,000 after buying an additional 22,798 shares during the last quarter. Northern Trust Corp raised its stake in Heidrick & Struggles International by 9.5% during the fourth quarter. Northern Trust Corp now owns 251,778 shares of the business services provider’s stock valued at $11,156,000 after buying an additional 21,843 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC purchased a new position in Heidrick & Struggles International during the fourth quarter valued at $873,000. Hedge funds and other institutional investors own 90.13% of the company’s stock.

Heidrick & Struggles International Trading Down 0.3%

Heidrick & Struggles International stock opened at $43.05 on Monday. The firm has a market cap of $887.73 million, a price-to-earnings ratio of 23.27, a PEG ratio of 0.91 and a beta of 0.98. The stock has a fifty day simple moving average of $41.16 and a two-hundred day simple moving average of $43.60. Heidrick & Struggles International, Inc. has a 12 month low of $30.20 and a 12 month high of $49.02.

Heidrick & Struggles International (NASDAQ:HSII) last posted its earnings results on Monday, May 5th. The business services provider reported $0.67 EPS for the quarter, hitting analysts’ consensus estimates of $0.67. The business had revenue of $287.44 million during the quarter, compared to analyst estimates of $267.42 million. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. On average, equities research analysts forecast that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Thursday, May 15th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.39%. The ex-dividend date is Thursday, May 15th. Heidrick & Struggles International’s payout ratio is currently 171.43%.

Insider Buying and Selling

In other news, CEO Thomas L. Monahan acquired 5,000 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The stock was bought at an average price of $45.55 per share, with a total value of $227,750.00. Following the completion of the acquisition, the chief executive officer now directly owns 144,834 shares of the company’s stock, valued at approximately $6,597,188.70. The trade was a 3.58% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.43% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

HSII has been the subject of a number of research analyst reports. Barrington Research lifted their target price on Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an “outperform” rating in a report on Wednesday, March 5th. Truist Financial lifted their target price on Heidrick & Struggles International from $42.00 to $44.00 and gave the stock a “hold” rating in a report on Tuesday, April 15th.

Heidrick & Struggles International Company Profile

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.