Mak Capital One LLC Has $31.37 Million Stock Holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Mak Capital One LLC grew its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 35.2% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 993,408 shares of the business services provider’s stock after acquiring an additional 258,583 shares during the quarter. Heidrick & Struggles International comprises about 7.5% of Mak Capital One LLC’s portfolio, making the stock its 3rd biggest holding. Mak Capital One LLC’s holdings in Heidrick & Struggles International were worth $31,372,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of HSII. Innealta Capital LLC acquired a new position in shares of Heidrick & Struggles International in the second quarter valued at approximately $29,000. DekaBank Deutsche Girozentrale acquired a new position in Heidrick & Struggles International in the first quarter valued at approximately $32,000. Meeder Asset Management Inc. acquired a new position in shares of Heidrick & Struggles International during the 2nd quarter valued at $58,000. Allspring Global Investments Holdings LLC raised its holdings in shares of Heidrick & Struggles International by 1,382.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 3,824 shares of the business services provider’s stock valued at $129,000 after purchasing an additional 3,566 shares during the period. Finally, Victory Capital Management Inc. boosted its position in shares of Heidrick & Struggles International by 7.5% during the 2nd quarter. Victory Capital Management Inc. now owns 5,705 shares of the business services provider’s stock worth $180,000 after purchasing an additional 396 shares in the last quarter. 90.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have commented on HSII. Barrington Research reissued an “outperform” rating and issued a $44.00 price objective 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 report on Tuesday, July 30th.

Insider Transactions at Heidrick & Struggles International

In other news, CFO Mark R. Harris sold 7,500 shares of the stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $40.70, for a total transaction of $305,250.00. Following the completion of the sale, the chief financial officer now directly owns 65,953 shares in the company, valued at $2,684,287.10. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, CFO Mark R. Harris sold 7,500 shares of Heidrick & Struggles International 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 completion of the transaction, the chief financial officer now directly owns 65,953 shares in the company, valued at $2,684,287.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Sarah Payne sold 8,691 shares of the stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $40.40, for a total transaction of $351,116.40. Following the sale, the insider now directly 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.

Heidrick & Struggles International Price Performance

Shares of NASDAQ:HSII opened at $37.48 on Friday. The business has a fifty day moving average price of $37.14 and a two-hundred day moving average price of $34.13. The company has a market capitalization of $761.59 million, a PE ratio of 14.64, a price-to-earnings-growth ratio of 0.91 and a beta of 0.85. Heidrick & Struggles International, Inc. has a 1 year low of $22.52 and a 1 year high of $41.94.

Heidrick & Struggles International (NASDAQ:HSII) last announced its quarterly earnings results on Monday, July 29th. The business services provider reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.11. Heidrick & Struggles International had a net margin of 3.59% and a return on equity of 12.66%. The company had revenue of $282.88 million for the quarter, compared to analysts’ expectations of $265.69 million. During the same period in the prior year, the company posted $0.73 EPS. Sell-side analysts anticipate that Heidrick & Struggles International, Inc. will post 2.62 earnings per share for the current 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 $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date was Friday, August 9th. Heidrick & Struggles International’s payout ratio is currently 23.44%.

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.