Sandy Spring Bank Sells 1,175 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Sandy Spring Bank decreased its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 31.5% during the 4th quarter, HoldingsChannel reports. The firm owned 2,555 shares of the business services provider’s stock after selling 1,175 shares during the quarter. Sandy Spring Bank’s holdings in Heidrick & Struggles International were worth $113,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Quest Partners LLC acquired a new position in shares of Heidrick & Struggles International in the 3rd quarter valued at about $30,000. Quantbot Technologies LP purchased a new stake in shares of Heidrick & Struggles International during the third quarter worth $33,000. Orion Portfolio Solutions LLC purchased a new stake in shares of Heidrick & Struggles International during the third quarter worth $207,000. HighTower Advisors LLC purchased a new stake in shares of Heidrick & Struggles International during the third quarter worth $212,000. Finally, Intech Investment Management LLC purchased a new stake in shares of Heidrick & Struggles International during the third quarter worth $261,000. Institutional investors own 90.13% of the company’s stock.

Insider Buying and Selling

In other Heidrick & Struggles International news, CEO Thomas L. Monahan acquired 5,000 shares of the stock in a transaction that occurred on Thursday, March 6th. The shares were bought at an average price of $45.55 per share, for a total transaction of $227,750.00. Following the completion of the transaction, the chief executive officer now owns 144,834 shares of the company’s stock, valued at approximately $6,597,188.70. This represents a 3.58 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.30% of the stock is currently owned by company insiders.

Heidrick & Struggles International Stock Performance

Shares of HSII stock opened at $42.33 on Friday. Heidrick & Struggles International, Inc. has a 52-week low of $29.03 and a 52-week high of $49.02. The company has a market capitalization of $863.96 million, a PE ratio of 22.88, a price-to-earnings-growth ratio of 0.91 and a beta of 0.80. The business’s fifty day moving average is $44.38 and its 200 day moving average is $42.68.

Heidrick & Struggles International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be given a $0.15 dividend. The ex-dividend date is Thursday, March 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.42%. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 150.00%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on HSII shares. Truist Financial restated a “hold” rating and set a $42.00 target price (up previously from $40.00) on shares of Heidrick & Struggles International in a research report on Wednesday, December 4th. Barrington Research increased their target price on Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th.

Heidrick & Struggles International Profile

Heidrick & Struggles International, Inc engages in provision of leadership consulting, culture shaping and senior-level executive search services. It offers its clients build leadership teams through facilitating the recruitment, management and deployment of senior executives. It operates under the following segments: Americas, Europe, Asia Pacific, Heidrick Consulting, and On Demand Talent Business.