Heidrick & Struggles International (NASDAQ:HSII) Price Target Raised to $44.00 at Truist Financial

Heidrick & Struggles International (NASDAQ:HSII) had its target price increased by Truist Financial from $42.00 to $44.00 in a research report report published on Tuesday morning,Benzinga reports. The firm currently has a hold rating on the business services provider’s stock.

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

Heidrick & Struggles International Trading Down 2.2 %

Shares of NASDAQ:HSII opened at $37.96 on Tuesday. The company has a market capitalization of $774.76 million, a PE ratio of 20.52, a PEG ratio of 0.91 and a beta of 0.86. Heidrick & Struggles International has a 12-month low of $29.03 and a 12-month high of $49.02. The business has a 50 day moving average of $42.50 and a two-hundred day moving average of $43.23.

Heidrick & Struggles International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.60 dividend on an annualized basis and a yield of 1.58%. Heidrick & Struggles International’s payout ratio is 150.00%.

Insiders Place Their Bets

In other Heidrick & Struggles International news, CEO Thomas L. Monahan bought 5,000 shares of Heidrick & Struggles International stock in a transaction dated Thursday, March 6th. The stock was acquired at an average cost of $45.55 per share, with a total value of $227,750.00. Following the purchase, the chief executive officer now directly owns 144,834 shares in the company, valued at $6,597,188.70. This represents a 3.58 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 1.30% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Heidrick & Struggles International

Several institutional investors and hedge funds have recently added to or reduced their stakes in HSII. Barclays PLC lifted its holdings in Heidrick & Struggles International by 280.9% during the third quarter. Barclays PLC now owns 37,476 shares of the business services provider’s stock valued at $1,456,000 after purchasing an additional 27,637 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Heidrick & Struggles International by 21.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 40,305 shares of the business services provider’s stock worth $1,566,000 after purchasing an additional 6,990 shares during the last quarter. Geode Capital Management LLC lifted its stake in Heidrick & Struggles International by 3.9% in the 3rd quarter. Geode Capital Management LLC now owns 495,513 shares of the business services provider’s stock valued at $19,259,000 after buying an additional 18,771 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Heidrick & Struggles International by 0.9% in the 4th 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. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in Heidrick & Struggles International during the 4th quarter worth approximately $638,000. Hedge funds and other institutional investors own 90.13% of the company’s stock.

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.