Barclays PLC Acquires 27,637 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Barclays PLC lifted its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 280.9% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 37,476 shares of the business services provider’s stock after purchasing an additional 27,637 shares during the period. Barclays PLC’s holdings in Heidrick & Struggles International were worth $1,456,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Dimensional Fund Advisors LP grew its position in Heidrick & Struggles International by 2.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,376,789 shares of the business services provider’s stock valued at $43,479,000 after acquiring an additional 29,820 shares during the last quarter. Mak Capital One LLC boosted its stake in shares of Heidrick & Struggles International by 35.2% during the second quarter. Mak Capital One LLC now owns 993,408 shares of the business services provider’s stock valued at $31,372,000 after purchasing an additional 258,583 shares during the period. Pacer Advisors Inc. bought a new position in shares of Heidrick & Struggles International in the second quarter worth about $29,938,000. Systematic Financial Management LP increased its stake in Heidrick & Struggles International by 8.4% in the 3rd quarter. Systematic Financial Management LP now owns 554,298 shares of the business services provider’s stock worth $21,540,000 after buying an additional 43,087 shares during the period. Finally, Wellington Management Group LLP lifted its holdings in Heidrick & Struggles International by 3.0% during the 3rd quarter. Wellington Management Group LLP now owns 431,856 shares of the business services provider’s stock valued at $16,782,000 after buying an additional 12,640 shares in the last quarter. 90.13% of the stock is owned by institutional investors.

Heidrick & Struggles International Price Performance

Shares of Heidrick & Struggles International stock opened at $44.27 on Friday. The stock has a market cap of $903.51 million, a price-to-earnings ratio of 23.93, a PEG ratio of 1.07 and a beta of 0.88. The firm’s 50-day moving average is $44.17 and its two-hundred day moving average is $38.78. Heidrick & Struggles International, Inc. has a 1 year low of $26.52 and a 1 year high of $49.02.

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

Heidrick & Struggles International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.36%. Heidrick & Struggles International’s dividend payout ratio is presently 32.43%.

Analysts Set New Price Targets

HSII has been the topic of a number of research analyst reports. StockNews.com upgraded shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Truist Financial reissued a “hold” rating and issued a $42.00 price objective (up previously from $40.00) on shares of Heidrick & Struggles International in a research note on Wednesday, December 4th. Finally, Barrington Research lifted their target price on Heidrick & Struggles International from $44.00 to $50.00 and gave the company an “outperform” rating in a research report on Monday, December 2nd.

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.