Public Sector Pension Investment Board Has $1.41 Million Stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Public Sector Pension Investment Board increased its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 6.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 44,502 shares of the business services provider’s stock after buying an additional 2,744 shares during the period. Public Sector Pension Investment Board owned 0.22% of Heidrick & Struggles International worth $1,405,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Victory Capital Management Inc. lifted its position in shares of Heidrick & Struggles International by 7.5% in the second quarter. Victory Capital Management Inc. now owns 5,705 shares of the business services provider’s stock worth $180,000 after buying an additional 396 shares during the last quarter. Keene & Associates Inc. lifted its holdings in Heidrick & Struggles International by 4.8% in the 2nd quarter. Keene & Associates Inc. now owns 9,565 shares of the business services provider’s stock worth $302,000 after purchasing an additional 435 shares during the last quarter. Illinois Municipal Retirement Fund grew its holdings in Heidrick & Struggles International by 4.9% during the first quarter. Illinois Municipal Retirement Fund now owns 12,218 shares of the business services provider’s stock valued at $411,000 after purchasing an additional 571 shares during the last quarter. State Board of Administration of Florida Retirement System raised its position in shares of Heidrick & Struggles International by 7.2% in the first quarter. State Board of Administration of Florida Retirement System now owns 10,418 shares of the business services provider’s stock valued at $351,000 after purchasing an additional 701 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its position in shares of Heidrick & Struggles International by 5.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 16,676 shares of the business services provider’s stock valued at $562,000 after purchasing an additional 863 shares during the period. Institutional investors own 90.13% of the company’s stock.

Insider Buying and Selling

In other Heidrick & Struggles International news, insider Sarah Payne sold 8,691 shares of Heidrick & Struggles International stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $40.40, for a total transaction of $351,116.40. Following the completion of the sale, the insider now owns 27,451 shares of the company’s stock, valued at approximately $1,109,020.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related 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 value 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Sarah Payne sold 8,691 shares of the business’s stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $40.40, for a total transaction of $351,116.40. Following the transaction, the insider now owns 27,451 shares of the company’s stock, valued at approximately $1,109,020.40. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

Analyst Ratings Changes

HSII has been the subject of a number of research analyst reports. Barrington Research reissued an “outperform” rating and set a $44.00 target price on shares of Heidrick & Struggles International in a research report on Friday, September 20th. StockNews.com cut Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research report on Tuesday, July 30th.

Heidrick & Struggles International Trading Down 0.6 %

NASDAQ HSII opened at $38.61 on Wednesday. The firm has a market cap of $781.78 million, a price-to-earnings ratio of 15.08, a PEG 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. The company has a 50 day moving average of $37.30 and a 200-day moving average of $34.26.

Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings data 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 firm had revenue of $282.88 million for the quarter, compared to analyst estimates 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 prior year, the firm earned $0.73 EPS. On average, analysts forecast that Heidrick & Struggles International, Inc. will post 2.62 earnings per share for the current year.

Heidrick & Struggles International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 22nd. Stockholders of record on Friday, August 9th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.55%. The ex-dividend date was Friday, August 9th. Heidrick & Struggles International’s dividend payout ratio is 23.44%.

Heidrick & Struggles International 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.