Heidrick & Struggles International (NASDAQ:HSII) Receives Hold Rating from Truist Financial

Truist Financial restated their hold rating on shares of Heidrick & Struggles International (NASDAQ:HSII) in a report issued on Tuesday morning,Benzinga reports. The brokerage currently has a $40.00 target price on the business services provider’s stock, up from their previous target price of $33.00.

Several other research analysts also recently commented on HSII. Barrington Research reissued an “outperform” rating and set a $44.00 price target on shares of Heidrick & Struggles International in a research note on Friday, September 20th. StockNews.com cut shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research report on Tuesday, July 30th.

Heidrick & Struggles International Stock Performance

Shares of NASDAQ:HSII opened at $47.53 on Tuesday. The firm has a market capitalization of $970.09 million, a PE ratio of 25.69, a price-to-earnings-growth ratio of 1.14 and a beta of 0.85. Heidrick & Struggles International has a 52-week low of $25.32 and a 52-week high of $47.81. The firm has a fifty day moving average of $38.55 and a 200 day moving average of $35.75.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings data on Monday, November 4th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.04. The firm had revenue of $282.82 million during the quarter, compared to analysts’ expectations 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 in the prior year, the business earned $0.73 EPS. On average, sell-side analysts forecast that Heidrick & Struggles International will post 2.61 EPS for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 21st. Shareholders of record on Thursday, November 14th will be paid a $0.15 dividend. The ex-dividend date is Thursday, November 14th. This represents a $0.60 dividend on an annualized basis and a yield of 1.26%. Heidrick & Struggles International’s dividend payout ratio (DPR) is currently 32.43%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Innealta Capital LLC bought a new stake in shares of Heidrick & Struggles International in the second quarter worth about $29,000. Quest Partners LLC bought a new position in shares of Heidrick & Struggles International during the third quarter valued at approximately $30,000. Gladius Capital Management LP purchased a new stake in Heidrick & Struggles International in the third quarter worth $31,000. DekaBank Deutsche Girozentrale purchased a new stake in shares of Heidrick & Struggles International in the 1st quarter worth about $32,000. Finally, Quarry LP bought a new position in shares of Heidrick & Struggles International in the 2nd quarter worth approximately $44,000. Institutional investors own 90.13% of the company’s stock.

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.