19,698 Shares in Heidrick & Struggles International, Inc. (NASDAQ:HSII) Bought by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC acquired a new stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 19,698 shares of the business services provider’s stock, valued at approximately $873,000. Susquehanna Fundamental Investments LLC owned about 0.10% of Heidrick & Struggles International at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Swiss National Bank lifted its holdings in shares of Heidrick & Struggles International by 1.3% during the 4th 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. Sterling Capital Management LLC raised its position in Heidrick & Struggles International by 5.5% during the fourth quarter. Sterling Capital Management LLC now owns 10,984 shares of the business services provider’s stock valued at $487,000 after acquiring an additional 574 shares in the last quarter. Hillsdale Investment Management Inc. lifted its stake in Heidrick & Struggles International by 0.7% in the fourth quarter. Hillsdale Investment Management Inc. now owns 114,100 shares of the business services provider’s stock valued at $5,056,000 after acquiring an additional 800 shares during the last quarter. MetLife Investment Management LLC grew its position in Heidrick & Struggles International by 8.9% in the fourth quarter. MetLife Investment Management LLC now owns 12,179 shares of the business services provider’s stock worth $540,000 after acquiring an additional 994 shares in the last quarter. Finally, Summit Global Investments increased its stake in shares of Heidrick & Struggles International by 6.7% during the 4th quarter. Summit Global Investments now owns 17,313 shares of the business services provider’s stock worth $767,000 after purchasing an additional 1,083 shares during the last quarter. Hedge funds and other institutional investors own 90.13% of the company’s stock.

Insider Activity

In other Heidrick & Struggles International news, CEO Thomas L. Monahan bought 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 6th. The stock was purchased at an average price of $45.55 per share, for a total transaction 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 trade represents a 3.58 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.43% of the stock is currently owned by company insiders.

Heidrick & Struggles International Trading Up 1.4 %

Shares of Heidrick & Struggles International stock opened at $39.71 on Friday. The firm has a fifty day simple moving average of $41.42 and a 200-day simple moving average of $43.31. The stock has a market capitalization of $819.02 million, a price-to-earnings ratio of 21.46, a PEG ratio of 0.91 and a beta of 0.86. Heidrick & Struggles International, Inc. has a 1-year low of $29.03 and a 1-year high of $49.02.

Heidrick & Struggles International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date was Thursday, March 13th. Heidrick & Struggles International’s dividend payout ratio (DPR) is 150.00%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on HSII. Truist Financial upped their price objective on shares of Heidrick & Struggles International from $42.00 to $44.00 and gave the stock a “hold” rating in a report on Tuesday, April 15th. Barrington Research upped their price target on Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th.

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.