LSV Asset Management Has $9.84 Million Stock Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

LSV Asset Management boosted its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 0.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 311,632 shares of the business services provider’s stock after buying an additional 2,074 shares during the period. LSV Asset Management owned approximately 1.53% of Heidrick & Struggles International worth $9,841,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of HSII. Allianz Asset Management GmbH grew its position in shares of Heidrick & Struggles International by 37.7% during the 4th quarter. Allianz Asset Management GmbH now owns 163,130 shares of the business services provider’s stock worth $4,817,000 after purchasing an additional 44,652 shares in the last quarter. Russell Investments Group Ltd. grew its position in shares of Heidrick & Struggles International by 158.6% during the 1st quarter. Russell Investments Group Ltd. now owns 115,663 shares of the business services provider’s stock worth $3,893,000 after purchasing an additional 70,940 shares in the last quarter. Campbell & CO Investment Adviser LLC grew its position in shares of Heidrick & Struggles International by 26.8% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 43,525 shares of the business services provider’s stock worth $1,285,000 after purchasing an additional 9,190 shares in the last quarter. Innealta Capital LLC acquired a new position in shares of Heidrick & Struggles International during the 2nd quarter worth approximately $29,000. Finally, SG Americas Securities LLC acquired a new position in shares of Heidrick & Struggles International during the 2nd quarter worth approximately $198,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

Insider Activity at Heidrick & Struggles International

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 completion of the transaction, the chief financial officer now owns 65,953 shares of the company’s stock, valued at approximately $2,684,287.10. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, insider Sarah Payne sold 8,691 shares of the firm’s 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 transaction, the insider now owns 27,451 shares of the company’s stock, valued at $1,109,020.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Mark R. Harris sold 7,500 shares of the firm’s stock in a transaction 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 transaction, the chief financial officer now directly owns 65,953 shares of the company’s stock, valued at approximately $2,684,287.10. The disclosure for this sale can be found here. 1.30% of the stock is owned by insiders.

Heidrick & Struggles International Trading Down 2.8 %

Shares of Heidrick & Struggles International stock opened at $36.00 on Thursday. The company has a 50 day moving average of $35.94 and a 200-day moving average of $33.77. Heidrick & Struggles International, Inc. has a 1-year low of $22.52 and a 1-year high of $41.94. The company has a market cap of $731.52 million, a PE ratio of 14.06, a price-to-earnings-growth ratio of 0.86 and a beta of 0.86.

Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings results on Monday, July 29th. The business services provider reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.11. The company had revenue of $282.88 million during the quarter, compared to the consensus estimate 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 posted $0.73 EPS. Research analysts forecast that Heidrick & Struggles International, Inc. will post 2.62 earnings per share for the current year.

Heidrick & Struggles International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 22nd. Investors of record on Friday, August 9th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.67%. The ex-dividend date of this dividend was Friday, August 9th. Heidrick & Struggles International’s payout ratio is 23.44%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on HSII shares. Barrington Research restated an “outperform” rating and set a $40.00 target price on shares of Heidrick & Struggles International in a research report on Thursday, May 16th. StockNews.com downgraded shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a report on Tuesday, July 30th.

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.