Centiva Capital LP Invests $416,000 in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Centiva Capital LP purchased a new position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 10,709 shares of the business services provider’s stock, valued at approximately $416,000.

Other large investors also recently modified their holdings of the company. Quest Partners LLC purchased a new stake in shares of Heidrick & Struggles International during the 3rd quarter worth approximately $30,000. Gladius Capital Management LP purchased a new stake in shares of Heidrick & Struggles International during the 3rd quarter worth approximately $31,000. Quantbot Technologies LP purchased a new stake in shares of Heidrick & Struggles International during the 3rd quarter worth approximately $33,000. Innealta Capital LLC purchased a new stake in shares of Heidrick & Struggles International during the 2nd quarter worth approximately $29,000. Finally, Quarry LP purchased a new stake in shares of Heidrick & Struggles International during the 2nd quarter worth approximately $44,000. Hedge funds and other institutional investors own 90.13% of the company’s stock.

Heidrick & Struggles International Trading Up 1.6 %

Heidrick & Struggles International stock opened at $45.63 on Tuesday. Heidrick & Struggles International, Inc. has a 1-year low of $26.52 and a 1-year high of $49.02. The firm has a market capitalization of $931.26 million, a price-to-earnings ratio of 24.66, a P/E/G ratio of 1.05 and a beta of 0.88. The firm has a 50 day simple moving average of $42.19 and a 200 day simple moving average of $37.83.

Heidrick & Struggles International (NASDAQ:HSII) last announced its quarterly earnings results on Monday, November 4th. The business services provider reported $0.72 EPS for the quarter, beating the consensus estimate of $0.68 by $0.04. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. The firm had revenue of $282.82 million during the quarter, compared to the consensus estimate of $267.65 million. During the same period last year, the firm earned $0.73 EPS. On average, equities research analysts forecast that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current year.

Heidrick & Struggles International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Thursday, November 14th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.31%. The ex-dividend date was Thursday, November 14th. Heidrick & Struggles International’s payout ratio is 32.43%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on HSII. Barrington Research raised their price target on shares of Heidrick & Struggles International from $44.00 to $50.00 and gave the stock an “outperform” rating in a research note on Monday, December 2nd. StockNews.com upgraded shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Finally, Truist Financial reiterated a “hold” rating and issued a $42.00 price objective (up from $40.00) on shares of Heidrick & Struggles International in a research note on Wednesday, December 4th.

Heidrick & Struggles International Company 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.