Heidrick & Struggles International, Inc. (NASDAQ:HSII) Stock Holdings Increased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC increased its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 1,382.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,824 shares of the business services provider’s stock after purchasing an additional 3,566 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Heidrick & Struggles International were worth $129,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. AJOVista LLC acquired a new stake in shares of Heidrick & Struggles International during the 4th quarter valued at $51,000. Maryland State Retirement & Pension System acquired a new position in Heidrick & Struggles International during the fourth quarter worth $218,000. Bailard Inc. bought a new position in Heidrick & Struggles International during the fourth quarter valued at about $260,000. Keene & Associates Inc. lifted its position in shares of Heidrick & Struggles International by 11.3% in the first quarter. Keene & Associates Inc. now owns 9,130 shares of the business services provider’s stock worth $307,000 after buying an additional 925 shares during the last quarter. Finally, Louisiana State Employees Retirement System bought a new stake in shares of Heidrick & Struggles International during the 4th quarter worth about $298,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

Heidrick & Struggles International Price Performance

NASDAQ:HSII opened at $31.54 on Friday. The stock has a market cap of $638.69 million, a P/E ratio of 12.32, a PEG ratio of 0.79 and a beta of 0.88. The company has a fifty day moving average price of $33.29 and a 200 day moving average price of $31.40. Heidrick & Struggles International, Inc. has a one year low of $22.52 and a one year high of $36.36.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings results on Monday, May 6th. The business services provider reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.09. The firm had revenue of $265.20 million for the quarter, compared to the consensus estimate of $251.89 million. Heidrick & Struggles International had a net margin of 4.95% and a return on equity of 13.10%. As a group, equities research analysts anticipate that Heidrick & Struggles International, Inc. will post 2.49 EPS for the current year.

Heidrick & Struggles International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 23rd. Investors of record on Thursday, May 16th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.90%. The ex-dividend date was Wednesday, May 15th. Heidrick & Struggles International’s dividend payout ratio is currently 23.44%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. StockNews.com lowered Heidrick & Struggles International from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 27th. Barrington Research restated an “outperform” rating and set a $40.00 price target on shares of Heidrick & Struggles International in a report on Thursday, May 16th. Finally, Truist Financial boosted their price objective on Heidrick & Struggles International from $30.00 to $33.00 and gave the stock a “hold” rating in a research report on Tuesday, May 7th.

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.