Heidrick & Struggles International, Inc. (NASDAQ:HSII) Short Interest Update

Heidrick & Struggles International, Inc. (NASDAQ:HSII) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 460,300 shares, a drop of 5.1% from the December 31st total of 484,900 shares. Based on an average trading volume of 142,100 shares, the short-interest ratio is presently 3.2 days.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Barrington Research raised their price objective 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, December 2nd. Truist Financial reissued a “hold” rating and issued a $42.00 price target (up previously from $40.00) on shares of Heidrick & Struggles International in a research note on Wednesday, December 4th. Finally, StockNews.com upgraded Heidrick & Struggles International from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th.

Institutional Trading of Heidrick & Struggles International

Institutional investors have recently modified their holdings of the company. BNP Paribas Financial Markets boosted its position in Heidrick & Struggles International by 1.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 34,170 shares of the business services provider’s stock worth $1,328,000 after acquiring an additional 427 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in Heidrick & Struggles International by 7.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,738 shares of the business services provider’s stock valued at $244,000 after buying an additional 510 shares during the last quarter. Quest Partners LLC bought a new stake in Heidrick & Struggles International during the 3rd quarter worth about $30,000. Gladius Capital Management LP acquired a new position in shares of Heidrick & Struggles International during the 3rd quarter worth about $31,000. Finally, Quantbot Technologies LP acquired a new stake in shares of Heidrick & Struggles International in the third quarter valued at about $33,000. 90.13% of the stock is currently owned by institutional investors.

Heidrick & Struggles International Stock Performance

Shares of NASDAQ HSII opened at $46.49 on Friday. Heidrick & Struggles International has a 52-week low of $28.51 and a 52-week high of $49.02. The stock has a market cap of $948.86 million, a P/E ratio of 25.13, a P/E/G ratio of 0.99 and a beta of 0.88. The firm has a 50 day moving average price of $45.32 and a 200 day moving average price of $41.06.

Heidrick & Struggles International (NASDAQ:HSII) last announced its quarterly earnings results on Monday, November 4th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.04. The company had revenue of $282.82 million during the quarter, compared to analyst estimates 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 quarter in the previous year, the business earned $0.73 EPS. Analysts predict that Heidrick & Struggles International will post 2.68 earnings per share for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Thursday, November 14th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date was Thursday, November 14th. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 32.43%.

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.