Heidrick & Struggles International’s (HSII) Hold Rating Reaffirmed at Truist Financial

Truist Financial restated their hold rating on shares of Heidrick & Struggles International (NASDAQ:HSII) in a research note published on Wednesday,Benzinga reports. The brokerage currently has a $42.00 price objective on the business services provider’s stock, up from their prior price objective of $40.00.

Several other equities analysts have also recently commented on the stock. Barrington Research upped their target price on shares of Heidrick & Struggles International from $44.00 to $50.00 and gave the company an “outperform” rating in a research note on Monday. StockNews.com upgraded shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th.

Heidrick & Struggles International Trading Down 1.1 %

NASDAQ HSII opened at $45.82 on Wednesday. The company has a fifty day simple moving average of $41.76 and a 200 day simple moving average of $37.61. The company has a market cap of $935.14 million, a P/E ratio of 24.77, a P/E/G ratio of 1.10 and a beta of 0.88. Heidrick & Struggles International has a 1 year low of $26.52 and a 1 year high of $49.02.

Heidrick & Struggles International (NASDAQ:HSII) last released its 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 analysts’ expectations 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 period in the prior year, the company earned $0.73 EPS. Equities research analysts forecast that Heidrick & Struggles International will post 2.68 EPS for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date was Thursday, November 14th. Heidrick & Struggles International’s dividend payout ratio is 32.43%.

Hedge Funds Weigh In On Heidrick & Struggles International

A number of hedge funds have recently made changes to their positions in the business. Barclays PLC raised its stake in shares of Heidrick & Struggles International by 280.9% in the 3rd quarter. Barclays PLC now owns 37,476 shares of the business services provider’s stock valued at $1,456,000 after buying an additional 27,637 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Heidrick & Struggles International by 3.9% during the 3rd quarter. Geode Capital Management LLC now owns 495,513 shares of the business services provider’s stock worth $19,259,000 after purchasing an additional 18,771 shares in the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Heidrick & Struggles International by 44.1% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 13,938 shares of the business services provider’s stock worth $542,000 after purchasing an additional 4,264 shares in the last quarter. Orion Portfolio Solutions LLC acquired a new stake in shares of Heidrick & Struggles International during the 3rd quarter worth about $207,000. Finally, Wellington Management Group LLP increased its position in shares of Heidrick & Struggles International by 3.0% during the 3rd quarter. Wellington Management Group LLP now owns 431,856 shares of the business services provider’s stock worth $16,782,000 after purchasing an additional 12,640 shares in the last quarter. Institutional investors and hedge funds own 90.13% of the company’s stock.

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.