6,300 Shares in Heidrick & Struggles International, Inc. (NASDAQ:HSII) Bought by Everence Capital Management Inc.

Everence Capital Management Inc. bought a new position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 6,300 shares of the business services provider’s stock, valued at approximately $245,000.

Several other institutional investors have also recently made changes to their positions in HSII. Pacer Advisors Inc. purchased a new position in shares of Heidrick & Struggles International during the second quarter worth $29,938,000. Mak Capital One LLC raised its holdings in shares of 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 last quarter. Wellington Management Group LLP increased its holdings in Heidrick & Struggles International by 95.0% in the fourth quarter. Wellington Management Group LLP now owns 223,616 shares of the business services provider’s stock valued at $6,603,000 after buying an additional 108,916 shares in the last quarter. Invenomic Capital Management LP increased its holdings in 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 valued at $13,126,000 after buying an additional 93,400 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its holdings in Heidrick & Struggles International by 158.6% in the first quarter. Russell Investments Group Ltd. now owns 115,663 shares of the business services provider’s stock valued at $3,893,000 after buying an additional 70,940 shares in the last quarter. Hedge funds and other institutional investors own 90.13% of the company’s stock.

Insider Buying and Selling

In related news, CFO Mark R. Harris sold 7,500 shares of the company’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $40.70, for a total transaction of $305,250.00. Following the completion of the transaction, the chief financial officer now owns 65,953 shares in the company, valued at $2,684,287.10. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, CFO Mark R. Harris sold 7,500 shares of the company’s stock in a transaction dated Wednesday, July 31st. The shares were 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 owns 65,953 shares of the company’s stock, valued at approximately $2,684,287.10. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Sarah Payne sold 8,691 shares of the company’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $40.40, for a total transaction of $351,116.40. Following the sale, the insider now directly owns 27,451 shares of the company’s stock, valued at approximately $1,109,020.40. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Heidrick & Struggles International Stock Up 3.1 %

HSII opened at $38.76 on Wednesday. Heidrick & Struggles International, Inc. has a twelve month low of $22.52 and a twelve month high of $41.94. The company has a 50-day moving average price of $37.58 and a 200 day moving average price of $34.85. The company has a market cap of $784.81 million, a PE ratio of 15.14, a price-to-earnings-growth ratio of 0.89 and a beta of 0.85.

Heidrick & Struggles International (NASDAQ:HSII) last released its quarterly earnings results on Monday, July 29th. The business services provider reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.11. Heidrick & Struggles International had a net margin of 3.59% and a return on equity of 12.66%. The firm had revenue of $282.88 million during the quarter, compared to the consensus estimate of $265.69 million. During the same quarter in the prior year, the firm earned $0.73 EPS. As a group, sell-side analysts expect 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 declared a quarterly dividend, which was paid on Thursday, August 22nd. Investors 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 1.55%. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 23.44%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on HSII. Barrington Research reaffirmed an “outperform” rating and issued a $44.00 price objective on shares of Heidrick & Struggles International in a report on Friday, September 20th. StockNews.com cut 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.