Clark Estates Inc. NY Has $2.89 Million Stock Holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Clark Estates Inc. NY cut its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 27.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 67,387 shares of the business services provider’s stock after selling 25,730 shares during the quarter. Heidrick & Struggles International comprises approximately 0.6% of Clark Estates Inc. NY’s holdings, making the stock its 22nd largest position. Clark Estates Inc. NY owned about 0.33% of Heidrick & Struggles International worth $2,886,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. American Century Companies Inc. lifted its stake in shares of Heidrick & Struggles International by 125.9% in the fourth quarter. American Century Companies Inc. now owns 287,569 shares of the business services provider’s stock worth $12,742,000 after buying an additional 160,257 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in shares of Heidrick & Struggles International in the fourth quarter worth $173,000. Vanguard Group Inc. lifted its stake in shares of Heidrick & Struggles International by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 1,517,661 shares of the business services provider’s stock worth $67,248,000 after buying an additional 14,035 shares during the last quarter. Prudential Financial Inc. lifted its stake in shares of Heidrick & Struggles International by 32.3% in the fourth quarter. Prudential Financial Inc. now owns 32,599 shares of the business services provider’s stock worth $1,444,000 after buying an additional 7,950 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Heidrick & Struggles International by 398.7% in the fourth quarter. JPMorgan Chase & Co. now owns 200,982 shares of the business services provider’s stock worth $8,906,000 after buying an additional 160,677 shares during the last quarter. 90.13% of the stock is currently owned by institutional investors and hedge funds.

Heidrick & Struggles International Price Performance

Shares of Heidrick & Struggles International stock opened at $46.17 on Wednesday. The company’s fifty day moving average price is $44.98 and its two-hundred day moving average price is $43.54. Heidrick & Struggles International, Inc. has a 52-week low of $35.38 and a 52-week high of $49.02. The firm has a market capitalization of $952.03 million, a PE ratio of 131.92, a price-to-earnings-growth ratio of 1.01 and a beta of 1.02.

Heidrick & Struggles International (NASDAQ:HSII) last posted its earnings results on Monday, May 5th. The business services provider reported $0.67 earnings per share for the quarter, hitting the consensus estimate of $0.67. Heidrick & Struggles International had a net margin of 0.71% and a return on equity of 14.23%. The business had revenue of $287.44 million for the quarter, compared to analyst estimates of $267.42 million. Analysts predict that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.30%. The ex-dividend date was Thursday, May 15th. Heidrick & Struggles International’s payout ratio is 171.43%.

Analyst Upgrades and Downgrades

HSII has been the topic of a number of research reports. Barrington Research reaffirmed an “outperform” rating and set a $52.00 target price on shares of Heidrick & Struggles International in a research report on Friday, June 13th. Truist Financial boosted their price target on shares of Heidrick & Struggles International from $44.00 to $46.00 and gave the company a “hold” rating in a report on Friday, June 20th.

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.