Strs Ohio Continues to Hold Holding in Heidrick & Struggles International, Inc. (HSII)

Strs Ohio Continues to Hold Holding in Heidrick & Struggles International, Inc. (HSII)

Strs Ohio maintained its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,800 shares of the business services provider’s stock at the end of the first quarter. Strs Ohio’s holdings in Heidrick & Struggles International were worth $600,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of HSII. Russell Investments Group Ltd. bought a new stake in Heidrick & Struggles International during the fourth quarter valued at approximately $1,069,000. Public Sector Pension Investment Board boosted its stake in Heidrick & Struggles International by 10.9% in the fourth quarter. Public Sector Pension Investment Board now owns 13,207 shares of the business services provider’s stock valued at $319,000 after buying an additional 1,300 shares in the last quarter. Royce & Associates LP boosted its stake in Heidrick & Struggles International by 50.3% in the fourth quarter. Royce & Associates LP now owns 667,596 shares of the business services provider’s stock valued at $16,122,000 after buying an additional 223,459 shares in the last quarter. Guggenheim Capital LLC boosted its stake in Heidrick & Struggles International by 29.0% in the fourth quarter. Guggenheim Capital LLC now owns 80,854 shares of the business services provider’s stock valued at $1,954,000 after buying an additional 18,161 shares in the last quarter. Finally, State Street Corp boosted its stake in Heidrick & Struggles International by 3.2% in the fourth quarter. State Street Corp now owns 410,771 shares of the business services provider’s stock valued at $9,921,000 after buying an additional 12,605 shares in the last quarter. 86.40% of the stock is owned by hedge funds and other institutional investors.

Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) opened at 22.025 on Friday. The firm has a market cap of $412.66 million, a PE ratio of 28.678 and a beta of 1.62. Heidrick & Struggles International, Inc. has a 12-month low of $16.23 and a 12-month high of $27.10. The company has a 50 day moving average price of $22.67 and a 200 day moving average price of $23.20.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings data on Monday, April 24th. The business services provider reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by $0.02. The company had revenue of $140 million during the quarter, compared to the consensus estimate of $144.98 million. Heidrick & Struggles International had a net margin of 2.76% and a return on equity of 6.55%. The company’s revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the business earned $0.18 earnings per share. On average, analysts forecast that Heidrick & Struggles International, Inc. will post $1.06 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 19th. Stockholders of record on Friday, May 5th were issued a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 2.36%. The ex-dividend date was Wednesday, May 3rd. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 60.47%.

HSII has been the subject of several recent research reports. Zacks Investment Research raised Heidrick & Struggles International from a “hold” rating to a “strong-buy” rating and set a $28.00 price target for the company in a report on Wednesday, March 1st. Deutsche Bank AG increased their price target on Heidrick & Struggles International from $25.00 to $27.00 and gave the company a “hold” rating in a report on Tuesday, April 25th.

In other news, Director John A. Fazio sold 1,000 shares of the stock in a transaction that occurred on Monday, March 27th. The shares were sold at an average price of $25.50, for a total value of $25,500.00. Following the completion of the transaction, the director now directly owns 14,452 shares in the company, valued at $368,526. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 2.40% of the company’s stock.

About Heidrick & Struggles International

Heidrick & Struggles International, Inc is an advisory firm providing executive search, leadership consulting and culture shaping services to businesses and business leaders around the world. Its segments include Executive Search, Leadership Consulting and Culture Shaping. It operates its executive search services in three geographic regions: the Americas (which includes the countries in North and South America); Europe (which includes the continents of Europe and Africa), and Asia Pacific (which includes Asia and the region generally known as the Middle East).new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:HSII”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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