Applied Fundamental Research LLC Sells 4,272 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Applied Fundamental Research LLC cut its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 1.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 436,398 shares of the business services provider’s stock after selling 4,272 shares during the quarter. Heidrick & Struggles International accounts for 11.2% of Applied Fundamental Research LLC’s holdings, making the stock its 4th largest holding. Applied Fundamental Research LLC owned approximately 2.14% of Heidrick & Struggles International worth $16,958,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Quest Partners LLC purchased a new position in Heidrick & Struggles International in the third quarter valued at $30,000. Gladius Capital Management LP acquired a new stake in Heidrick & Struggles International in the 3rd quarter valued at about $31,000. Quantbot Technologies LP purchased a new position in shares of Heidrick & Struggles International in the 3rd quarter valued at about $33,000. Innealta Capital LLC acquired a new position in shares of Heidrick & Struggles International during the second quarter worth about $29,000. Finally, DekaBank Deutsche Girozentrale acquired a new stake in Heidrick & Struggles International in the first quarter valued at approximately $32,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

Heidrick & Struggles International Stock Performance

Shares of HSII stock opened at $47.00 on Tuesday. Heidrick & Struggles International, Inc. has a 1 year low of $26.52 and a 1 year high of $49.02. The firm has a market cap of $959.27 million, a price-to-earnings ratio of 25.41, a PEG ratio of 1.09 and a beta of 0.85. The stock’s 50-day moving average is $40.40 and its two-hundred day moving average is $36.95.

Heidrick & Struggles International (NASDAQ:HSII) last released its quarterly earnings results on Monday, November 4th. The business services provider reported $0.72 EPS for the quarter, beating the consensus estimate of $0.68 by $0.04. The firm had revenue of $282.82 million during the quarter, compared to the consensus estimate of $267.65 million. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. During the same quarter in the prior year, the firm earned $0.73 EPS. As a group, research analysts predict that Heidrick & Struggles International, Inc. will post 2.67 EPS for the current year.

Heidrick & Struggles International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 14th were given a $0.15 dividend. The ex-dividend date was Thursday, November 14th. This represents a $0.60 dividend on an annualized basis and a yield of 1.28%. Heidrick & Struggles International’s dividend payout ratio (DPR) is 32.43%.

Analyst Upgrades and Downgrades

Several research firms have commented on HSII. Truist Financial reiterated a “hold” rating and set a $40.00 price target (up previously from $33.00) on shares of Heidrick & Struggles International in a report on Tuesday, November 5th. Barrington Research reaffirmed an “outperform” rating and set a $44.00 price target on shares of Heidrick & Struggles International in a report on Friday, September 20th. Finally, StockNews.com raised Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th.

About Heidrick & Struggles International

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.