Heidrick & Struggles International, Inc. (NASDAQ:HSII) Shares Sold by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. trimmed its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 23.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,940 shares of the business services provider’s stock after selling 2,435 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in Heidrick & Struggles International were worth $267,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its holdings in shares of Heidrick & Struggles International by 3.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 261,401 shares of the business services provider’s stock valued at $6,540,000 after purchasing an additional 9,873 shares in the last quarter. Quadrature Capital Ltd raised its position in shares of Heidrick & Struggles International by 22.7% in the third quarter. Quadrature Capital Ltd now owns 10,514 shares of the business services provider’s stock worth $263,000 after acquiring an additional 1,946 shares during the period. Jacobs Levy Equity Management Inc. boosted its stake in shares of Heidrick & Struggles International by 1.0% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 182,919 shares of the business services provider’s stock worth $4,577,000 after acquiring an additional 1,791 shares in the last quarter. Wellington Management Group LLP acquired a new stake in shares of Heidrick & Struggles International during the 3rd quarter valued at about $2,870,000. Finally, First Hawaiian Bank acquired a new stake in shares of Heidrick & Struggles International during the 4th quarter valued at about $383,000. 90.13% of the stock is currently owned by hedge funds and other institutional investors.

Heidrick & Struggles International Stock Up 0.7 %

Shares of Heidrick & Struggles International stock traded up $0.21 during mid-day trading on Wednesday, reaching $32.11. 64,611 shares of the stock traded hands, compared to its average volume of 168,224. The stock has a market capitalization of $650.23 million, a PE ratio of 12.46, a PEG ratio of 0.79 and a beta of 0.88. The business has a 50-day moving average of $33.11 and a 200 day moving average of $31.31. Heidrick & Struggles International, Inc. has a fifty-two week low of $22.52 and a fifty-two week high of $36.36.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings data on Monday, May 6th. The business services provider reported $0.67 EPS for the quarter, beating the consensus estimate of $0.58 by $0.09. Heidrick & Struggles International had a return on equity of 13.10% and a net margin of 4.95%. The firm had revenue of $265.20 million during the quarter, compared to the consensus estimate of $251.89 million. On average, equities research analysts expect that Heidrick & Struggles International, Inc. will post 2.49 EPS for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 23rd. Investors of record on Thursday, May 16th were paid a dividend of $0.15 per share. The ex-dividend date was Wednesday, May 15th. This represents a $0.60 annualized dividend and a yield of 1.87%. Heidrick & Struggles International’s dividend payout ratio is presently 23.44%.

Analyst Upgrades and Downgrades

HSII has been the topic of a number of recent analyst reports. StockNews.com downgraded Heidrick & Struggles International from a “strong-buy” rating to a “buy” rating in a research report on Thursday, June 27th. Barrington Research reissued an “outperform” rating and issued a $40.00 price target on shares of Heidrick & Struggles International in a research note on Thursday, May 16th. Finally, Truist Financial boosted their price target on shares of Heidrick & Struggles International from $30.00 to $33.00 and gave the stock a “hold” rating in a report on Tuesday, May 7th.

Heidrick & Struggles International Profile

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.