Orion Portfolio Solutions LLC Makes New $207,000 Investment in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Orion Portfolio Solutions LLC bought a new stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 5,318 shares of the business services provider’s stock, valued at approximately $207,000.

Several other large investors also recently modified their holdings of the stock. Innealta Capital LLC bought a new stake in Heidrick & Struggles International during the second quarter worth about $29,000. Quest Partners LLC bought a new stake in shares of Heidrick & Struggles International during the 3rd quarter worth approximately $30,000. Gladius Capital Management LP acquired a new stake in shares of Heidrick & Struggles International during the 3rd quarter worth approximately $31,000. Quantbot Technologies LP bought a new position in Heidrick & Struggles International in the third quarter valued at approximately $33,000. Finally, Quarry LP acquired a new position in Heidrick & Struggles International during the second quarter valued at approximately $44,000. 90.13% of the stock is owned by institutional investors and hedge funds.

Heidrick & Struggles International Stock Performance

Shares of NASDAQ:HSII opened at $43.71 on Friday. Heidrick & Struggles International, Inc. has a 52-week low of $26.52 and a 52-week high of $49.02. The company has a market capitalization of $892.08 million, a PE ratio of 23.63, a price-to-earnings-growth ratio of 1.07 and a beta of 0.88. The company has a fifty day moving average of $43.46 and a 200-day moving average of $38.37.

Heidrick & Struggles International (NASDAQ:HSII) last posted its 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. The firm had revenue of $282.82 million during the quarter, compared to the consensus estimate of $267.65 million. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. During the same period last year, the company earned $0.73 earnings per share. On average, equities analysts forecast that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Thursday, November 14th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date of this dividend 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 lifted their price target on Heidrick & Struggles International from $44.00 to $50.00 and gave the company an “outperform” rating in a research note on Monday, December 2nd. Truist Financial reiterated a “hold” rating and issued a $42.00 target price (up previously from $40.00) on shares of Heidrick & Struggles International in a research report on Wednesday, December 4th. Finally, StockNews.com raised Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th.

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.