Heidrick & Struggles International, Inc. (NASDAQ:HSII) Shares Sold by Centiva Capital LP

Centiva Capital LP lessened its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 19.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 8,629 shares of the business services provider’s stock after selling 2,080 shares during the period. Centiva Capital LP’s holdings in Heidrick & Struggles International were worth $382,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets increased its holdings in Heidrick & Struggles International by 1.2% in the 4th quarter. BNP Paribas Financial Markets now owns 34,570 shares of the business services provider’s stock valued at $1,532,000 after purchasing an additional 400 shares during the last quarter. Swiss National Bank grew its stake in shares of 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 worth $1,772,000 after acquiring an additional 500 shares in the last quarter. Sterling Capital Management LLC grew its stake in shares of Heidrick & Struggles International by 5.5% in the fourth quarter. Sterling Capital Management LLC now owns 10,984 shares of the business services provider’s stock worth $487,000 after acquiring an additional 574 shares in the last quarter. Hillsdale Investment Management Inc. grew its stake in shares of 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 worth $5,056,000 after acquiring an additional 800 shares in the last quarter. Finally, MetLife Investment Management LLC grew its stake in shares of 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. Institutional investors and hedge funds own 90.13% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on HSII shares. Truist Financial boosted their price target on shares of Heidrick & Struggles International from $42.00 to $44.00 and gave the stock a “hold” rating in a research note on Tuesday, April 15th. Barrington Research boosted their price target on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th.

Insider Transactions at Heidrick & Struggles International

In other news, CEO Thomas L. Monahan acquired 5,000 shares of the firm’s 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 transaction, the chief executive officer now 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 transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.43% of the company’s stock.

Heidrick & Struggles International Stock Down 0.3%

NASDAQ:HSII opened at $42.37 on Monday. The company has a market cap of $873.71 million, a price-to-earnings ratio of 22.90, a price-to-earnings-growth ratio of 0.91 and a beta of 0.98. The company has a fifty day simple moving average of $41.41 and a two-hundred day simple moving average of $43.46. Heidrick & Struggles International, Inc. has a 52 week low of $30.20 and a 52 week high of $49.02.

Heidrick & Struggles International (NASDAQ:HSII) last released its quarterly earnings data on Monday, May 5th. The business services provider reported $0.67 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.67. The business had revenue of $287.44 million during the quarter, compared to analysts’ expectations of $267.42 million. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. On average, analysts expect that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current year.

Heidrick & Struggles International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.60 annualized dividend and a dividend yield of 1.42%. Heidrick & Struggles International’s dividend payout ratio (DPR) is currently 171.43%.

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.