LSV Asset Management Purchases 39,471 Shares of Heidrick & Struggles International, Inc. $HSII

LSV Asset Management raised its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 15.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 302,146 shares of the business services provider's stock after acquiring an additional 39,471 shares during the period. LSV Asset Management owned about 1.46% of Heidrick & Struggles International worth $13,826,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of HSII. Intech Investment Management LLC increased its position in shares of Heidrick & Struggles International by 3.2% during the second quarter. Intech Investment Management LLC now owns 12,073 shares of the business services provider's stock valued at $552,000 after purchasing an additional 378 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Heidrick & Struggles International by 8.4% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 5,294 shares of the business services provider's stock worth $242,000 after buying an additional 410 shares in the last quarter. Geode Capital Management LLC boosted its stake in Heidrick & Struggles International by 5.9% during the second quarter. Geode Capital Management LLC now owns 541,396 shares of the business services provider's stock worth $24,777,000 after buying an additional 30,347 shares in the last quarter. Jupiter Asset Management Ltd. increased its holdings in Heidrick & Struggles International by 69.6% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 13,563 shares of the business services provider's stock valued at $621,000 after buying an additional 5,564 shares during the period. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Heidrick & Struggles International in the 2nd quarter valued at $101,000. Institutional investors and hedge funds own 90.13% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on HSII shares. Barrington Research set a $59.00 target price on shares of Heidrick & Struggles International in a research report on Thursday, October 9th. Truist Financial raised their price target on shares of Heidrick & Struggles International from $48.00 to $59.00 and gave the stock a "hold" rating in a research note on Monday, October 6th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Heidrick & Struggles International in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded Heidrick & Struggles International from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 9th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Heidrick & Struggles International presently has a consensus rating of "Hold" and a consensus price target of $59.00.

View Our Latest Stock Analysis on HSII

Heidrick & Struggles International Price Performance

Shares of Heidrick & Struggles International stock opened at $58.76 on Thursday. The stock has a market capitalization of $1.22 billion, a P/E ratio of 36.96, a price-to-earnings-growth ratio of 1.15 and a beta of 1.10. The company has a 50-day simple moving average of $55.48 and a 200 day simple moving average of $49.17. Heidrick & Struggles International, Inc. has a 12-month low of $36.87 and a 12-month high of $58.85.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last released its quarterly earnings results on Monday, November 3rd. The business services provider reported $0.83 EPS for the quarter, beating analysts' consensus estimates of $0.76 by $0.07. The firm had revenue of $327.90 million for the quarter, compared to analyst estimates of $305.19 million. Heidrick & Struggles International had a net margin of 2.92% and a return on equity of 14.85%. On average, equities analysts anticipate that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current year.

Heidrick & Struggles International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 26th. Investors of record on Thursday, November 13th will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, November 13th. This represents a $0.60 dividend on an annualized basis and a yield of 1.0%. Heidrick & Struggles International's dividend payout ratio is 35.09%.

About Heidrick & Struggles International

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.

Featured Stories

• Five stocks we like better than Heidrick & Struggles International
• Growth Stocks: What They Are, What They Are Not
• onsemi Places a $6 Billion Bet on Its Own Stock
• How to trade penny stocks: A step-by-step guide
• HIMS Has Been a Roller Coaster Ride. Should Investors Hop On?
• Stock Market Upgrades: What Are They?
• End the Year Strong With These 3 Comeback Champions

Want to see what other hedge funds are holding HSII? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Heidrick & Struggles International Right Now?

Before you consider Heidrick & Struggles International, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Heidrick & Struggles International wasn't on the list.

While Heidrick & Struggles International currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here