American Century Companies Inc. Acquires 14,209 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

American Century Companies Inc. boosted its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 43.8% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 46,621 shares of the business services provider’s stock after acquiring an additional 14,209 shares during the quarter. American Century Companies Inc.’s holdings in Heidrick & Struggles International were worth $1,472,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of HSII. Wellington Management Group LLP increased its stake in Heidrick & Struggles International by 95.0% in the 4th quarter. Wellington Management Group LLP now owns 223,616 shares of the business services provider’s stock worth $6,603,000 after purchasing an additional 108,916 shares during the period. Invenomic Capital Management LP increased its stake in shares of Heidrick & Struggles International by 31.5% during the first quarter. Invenomic Capital Management LP now owns 389,950 shares of the business services provider’s stock valued at $13,126,000 after buying an additional 93,400 shares during the period. Russell Investments Group Ltd. raised its holdings in shares of Heidrick & Struggles International by 158.6% during the first quarter. Russell Investments Group Ltd. now owns 115,663 shares of the business services provider’s stock valued at $3,893,000 after acquiring an additional 70,940 shares in the last quarter. Allianz Asset Management GmbH boosted its position in Heidrick & Struggles International by 37.7% during the 4th quarter. Allianz Asset Management GmbH now owns 163,130 shares of the business services provider’s stock valued at $4,817,000 after acquiring an additional 44,652 shares in the last quarter. Finally, Acadian Asset Management LLC grew its stake in Heidrick & Struggles International by 96.6% in the second quarter. Acadian Asset Management LLC now owns 46,356 shares of the business services provider’s stock worth $1,460,000 after purchasing an additional 22,781 shares during the period. Hedge funds and other institutional investors own 90.13% of the company’s stock.

Heidrick & Struggles International Stock Up 0.4 %

Heidrick & Struggles International stock opened at $37.62 on Monday. The business has a 50-day simple moving average of $37.22 and a two-hundred day simple moving average of $34.21. The company has a market cap of $761.73 million, a P/E ratio of 14.70, a P/E/G ratio of 0.91 and a beta of 0.85. Heidrick & Struggles International, Inc. has a 52-week low of $22.52 and a 52-week high of $41.94.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings data on Monday, July 29th. The business services provider reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.11. Heidrick & Struggles International had a return on equity of 12.66% and a net margin of 3.59%. The firm had revenue of $282.88 million for the quarter, compared to analysts’ expectations of $265.69 million. During the same period in the previous year, the firm earned $0.73 EPS. Research analysts anticipate that Heidrick & Struggles International, Inc. will post 2.62 EPS for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 22nd. Stockholders of record on Friday, August 9th were issued a dividend of $0.15 per share. The ex-dividend date was Friday, August 9th. This represents a $0.60 annualized dividend and a dividend yield of 1.59%. Heidrick & Struggles International’s dividend payout ratio (DPR) is 23.44%.

Analyst Ratings Changes

Several equities analysts have commented on HSII shares. Barrington Research reissued an “outperform” rating and set a $44.00 price objective on shares of Heidrick & Struggles International in a research report on Friday, September 20th. StockNews.com downgraded Heidrick & Struggles International from a “buy” rating to a “hold” rating in a report on Tuesday, July 30th.

Insider Activity

In other Heidrick & Struggles International news, CFO Mark R. Harris sold 7,500 shares of the stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $40.70, for a total value of $305,250.00. Following the sale, the chief financial officer now owns 65,953 shares in the company, valued at $2,684,287.10. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CFO Mark R. Harris sold 7,500 shares of the firm’s stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $40.70, for a total transaction of $305,250.00. Following the transaction, the chief financial officer now owns 65,953 shares in the company, valued at $2,684,287.10. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Sarah Payne sold 8,691 shares of the firm’s stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $40.40, for a total value of $351,116.40. Following the transaction, the insider now owns 27,451 shares in the company, valued at approximately $1,109,020.40. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

About Heidrick & Struggles International

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.