Heidrick & Struggles International, Inc. (NASDAQ:HSII) Stock Position Raised by Alliancebernstein L.P.

Alliancebernstein L.P. increased its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 345.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 85,800 shares of the business services provider’s stock after purchasing an additional 66,530 shares during the period. Alliancebernstein L.P.’s holdings in Heidrick & Struggles International were worth $3,802,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Swiss National Bank lifted its stake in Heidrick & Struggles International by 1.3% in the fourth quarter. Swiss National Bank now owns 40,000 shares of the business services provider’s stock valued at $1,772,000 after buying an additional 500 shares during the last quarter. Hillsdale Investment Management Inc. increased its holdings in shares of Heidrick & Struggles International by 0.7% in the 4th quarter. Hillsdale Investment Management Inc. now owns 114,100 shares of the business services provider’s stock worth $5,056,000 after acquiring an additional 800 shares during the period. Summit Global Investments lifted its position in Heidrick & Struggles International by 6.7% in the 4th quarter. Summit Global Investments now owns 17,313 shares of the business services provider’s stock valued at $767,000 after purchasing an additional 1,083 shares during the last quarter. Pacific Ridge Capital Partners LLC boosted its stake in Heidrick & Struggles International by 6.1% during the 4th quarter. Pacific Ridge Capital Partners LLC now owns 27,762 shares of the business services provider’s stock valued at $1,230,000 after purchasing an additional 1,588 shares during the period. Finally, Victory Capital Management Inc. grew its position in Heidrick & Struggles International by 12.0% in the 4th quarter. Victory Capital Management Inc. now owns 20,338 shares of the business services provider’s stock worth $901,000 after purchasing an additional 2,179 shares during the last quarter. Institutional investors and hedge funds own 90.13% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Barrington Research lifted their price target on Heidrick & Struggles International from $50.00 to $52.00 and gave the company an “outperform” rating in a report on Wednesday, March 5th.

Insider Activity

In other news, CEO Thomas L. Monahan bought 5,000 shares of the company’s stock in a transaction that occurred on Thursday, March 6th. The shares were purchased 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 in the company, valued at approximately $6,597,188.70. This trade represents a 3.58 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.30% of the company’s stock.

Heidrick & Struggles International Stock Up 1.6 %

Shares of NASDAQ HSII opened at $41.81 on Tuesday. The stock has a market cap of $853.34 million, a P/E ratio of 22.60, a P/E/G ratio of 0.91 and a beta of 0.86. The firm’s 50-day simple moving average is $42.91 and its 200 day simple moving average is $43.30. Heidrick & Struggles International, Inc. has a fifty-two week low of $29.03 and a fifty-two week high of $49.02.

Heidrick & Struggles International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date of this dividend was Thursday, March 13th. Heidrick & Struggles International’s dividend payout ratio is currently 150.00%.

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.