Los Angeles Capital Management LLC Sells 15,339 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Los Angeles Capital Management LLC trimmed its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 43.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,725 shares of the business services provider’s stock after selling 15,339 shares during the period. Los Angeles Capital Management LLC owned about 0.10% of Heidrick & Struggles International worth $664,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. AJOVista LLC acquired a new stake in shares of Heidrick & Struggles International in the 4th quarter valued at about $51,000. Maryland State Retirement & Pension System bought a new stake in Heidrick & Struggles International in the 4th quarter valued at approximately $218,000. Bailard Inc. acquired a new position in Heidrick & Struggles International during the 4th quarter worth approximately $260,000. Quadrature Capital Ltd grew its stake in shares of Heidrick & Struggles International by 22.7% during the 3rd quarter. Quadrature Capital Ltd now owns 10,514 shares of the business services provider’s stock worth $263,000 after acquiring an additional 1,946 shares in the last quarter. Finally, Louisiana State Employees Retirement System acquired a new stake in shares of Heidrick & Struggles International in the fourth quarter valued at approximately $298,000. 90.13% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on HSII. Barrington Research reaffirmed an “outperform” rating and issued a $40.00 target price on shares of Heidrick & Struggles International in a research report on Thursday, May 16th. Truist Financial lifted their target price on Heidrick & Struggles International from $30.00 to $33.00 and gave the company a “hold” rating in a research report on Tuesday, May 7th. Finally, StockNews.com raised Heidrick & Struggles International from a “buy” rating to a “strong-buy” rating in a research report on Monday, June 17th.

Heidrick & Struggles International Price Performance

Shares of HSII stock opened at $33.81 on Tuesday. The stock has a market cap of $684.65 million, a P/E ratio of 13.21, a P/E/G ratio of 0.84 and a beta of 0.87. The company has a fifty day moving average price of $32.91 and a two-hundred day moving average price of $31.16. Heidrick & Struggles International, Inc. has a one year low of $22.52 and a one year high of $36.36.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings results on Monday, May 6th. The business services provider reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.09. The business had revenue of $265.20 million during the quarter, compared to analysts’ expectations of $251.89 million. Heidrick & Struggles International had a return on equity of 13.10% and a net margin of 4.95%. As a group, equities research analysts anticipate that Heidrick & Struggles International, Inc. will post 2.49 EPS for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 23rd. Investors of record on Thursday, May 16th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date was Wednesday, May 15th. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 23.44%.

Heidrick & Struggles International Profile

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, consulting, and on-demand talent services to businesses and business leaders worldwide. It enables its clients to build leadership teams by facilitating the recruitment, management, and development of senior executives.