Heidrick & Struggles International (NASDAQ:HSII) Shares Gap Down to $37.27

Heidrick & Struggles International, Inc. (NASDAQ:HSII) gapped down before the market opened on Friday . The stock had previously closed at $37.27, but opened at $36.38. Heidrick & Struggles International shares last traded at $36.52, with a volume of 22,289 shares changing hands.

Analysts Set New Price Targets

HSII has been the topic of a number of recent research reports. Truist Financial increased their target price on Heidrick & Struggles International from $30.00 to $33.00 and gave the stock a “hold” rating in a report on Tuesday, May 7th. StockNews.com lowered shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research note on Tuesday, July 30th. Finally, Barrington Research reissued an “outperform” rating and set a $40.00 target price on shares of Heidrick & Struggles International in a research report on Thursday, May 16th.

Heidrick & Struggles International Stock Up 0.1 %

The company has a 50-day moving average of $34.70 and a 200-day moving average of $33.05. The company has a market cap of $755.66 million, a PE ratio of 14.58, a PEG ratio of 0.93 and a beta of 0.87.

Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings data on Monday, July 29th. The business services provider reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.11. Heidrick & Struggles International had a return on equity of 12.66% and a net margin of 3.59%. The business had revenue of $282.88 million for the quarter, compared to analysts’ expectations of $265.69 million. During the same period last year, the business earned $0.73 EPS. As a group, equities analysts predict that Heidrick & Struggles International, Inc. will post 2.62 EPS for the current year.

Heidrick & Struggles International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 22nd. Shareholders of record on Friday, August 9th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, August 9th. This represents a $0.60 annualized dividend and a dividend yield of 1.61%. Heidrick & Struggles International’s dividend payout ratio is currently 23.44%.

Insider Activity

In other Heidrick & Struggles International news, CFO Mark R. Harris sold 7,500 shares of the business’s stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $40.70, for a total value of $305,250.00. Following the transaction, the chief financial officer now owns 65,953 shares of the company’s stock, valued at $2,684,287.10. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, insider Sarah Payne sold 8,691 shares of the firm’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 completion of the sale, the insider now owns 27,451 shares in the company, valued at approximately $1,109,020.40. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Mark R. Harris sold 7,500 shares of Heidrick & Struggles International stock in a transaction that occurred on Wednesday, July 31st. The stock was 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 approximately $2,684,287.10. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by corporate insiders.

Institutional Trading of Heidrick & Struggles International

A number of large investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its stake in shares of Heidrick & Struggles International by 2.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,376,789 shares of the business services provider’s stock worth $43,479,000 after acquiring an additional 29,820 shares during the period. Mak Capital One LLC boosted its position in 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 worth $31,372,000 after purchasing an additional 258,583 shares during the period. Pacer Advisors Inc. purchased a new position in shares of Heidrick & Struggles International in the second quarter worth about $29,938,000. Invenomic Capital Management LP increased its stake in shares of Heidrick & Struggles International by 31.5% in the first quarter. Invenomic Capital Management LP now owns 389,950 shares of the business services provider’s stock worth $13,126,000 after purchasing an additional 93,400 shares in the last quarter. Finally, LSV Asset Management lifted its stake in shares of Heidrick & Struggles International by 0.7% during the 2nd quarter. LSV Asset Management now owns 311,632 shares of the business services provider’s stock valued at $9,841,000 after buying an additional 2,074 shares in the last quarter. 90.13% of the stock is owned by hedge funds and other institutional investors.

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.