Dimensional Fund Advisors LP Purchases 29,820 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Dimensional Fund Advisors LP increased its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 2.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,376,789 shares of the business services provider’s stock after buying an additional 29,820 shares during the period. Dimensional Fund Advisors LP owned about 0.07% of Heidrick & Struggles International worth $43,479,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Invenomic Capital Management LP boosted its holdings in Heidrick & Struggles International by 31.5% in the 1st quarter. Invenomic Capital Management LP now owns 389,950 shares of the business services provider’s stock worth $13,126,000 after buying an additional 93,400 shares during the period. LSV Asset Management lifted its stake in Heidrick & Struggles International by 0.7% in the 2nd quarter. LSV Asset Management now owns 311,632 shares of the business services provider’s stock worth $9,841,000 after purchasing an additional 2,074 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Heidrick & Struggles International by 0.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 263,579 shares of the business services provider’s stock worth $8,324,000 after purchasing an additional 921 shares in the last quarter. Wellington Management Group LLP lifted 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 in the last quarter. Finally, Allianz Asset Management GmbH lifted its stake in Heidrick & Struggles International by 37.7% in the 4th quarter. Allianz Asset Management GmbH now owns 163,130 shares of the business services provider’s stock worth $4,817,000 after purchasing an additional 44,652 shares in the last quarter. Institutional investors own 90.13% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Barrington Research reiterated an “outperform” rating and issued a $44.00 price target on shares of Heidrick & Struggles International in a research note on Friday, September 20th. StockNews.com cut shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research note on Tuesday, July 30th.

Heidrick & Struggles International Trading Up 3.3 %

NASDAQ:HSII opened at $38.86 on Tuesday. Heidrick & Struggles International, Inc. has a 12 month low of $22.52 and a 12 month high of $41.94. The firm has a fifty day simple moving average of $37.30 and a 200-day simple moving average of $34.26. The company has a market capitalization of $786.84 million, a P/E ratio of 15.18, a PEG ratio of 0.91 and a beta of 0.85.

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

Heidrick & Struggles International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 22nd. Shareholders of record on Friday, August 9th were issued a $0.15 dividend. The ex-dividend date was Friday, August 9th. This represents a $0.60 annualized dividend and a yield of 1.54%. Heidrick & Struggles International’s payout ratio is 23.44%.

Insider Transactions at Heidrick & Struggles International

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