Pacific Ridge Capital Partners LLC Buys 1,588 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Pacific Ridge Capital Partners LLC boosted its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 6.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,762 shares of the business services provider’s stock after purchasing an additional 1,588 shares during the period. Pacific Ridge Capital Partners LLC owned about 0.14% of Heidrick & Struggles International worth $1,230,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Heidrick & Struggles International by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 1,517,661 shares of the business services provider’s stock worth $67,248,000 after purchasing an additional 14,035 shares during the last quarter. Allianz Asset Management GmbH grew its holdings in Heidrick & Struggles International by 39.2% in the 4th quarter. Allianz Asset Management GmbH now owns 599,411 shares of the business services provider’s stock worth $26,560,000 after acquiring an additional 168,912 shares during the last quarter. Systematic Financial Management LP grew its holdings in Heidrick & Struggles International by 8.4% in the 3rd quarter. Systematic Financial Management LP now owns 554,298 shares of the business services provider’s stock worth $21,540,000 after acquiring an additional 43,087 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Heidrick & Struggles International by 3.9% in the third quarter. Geode Capital Management LLC now owns 495,513 shares of the business services provider’s stock valued at $19,259,000 after acquiring an additional 18,771 shares during the period. Finally, Wellington Management Group LLP raised its stake in shares of Heidrick & Struggles International by 3.0% during the third quarter. Wellington Management Group LLP now owns 431,856 shares of the business services provider’s stock valued at $16,782,000 after acquiring an additional 12,640 shares during the last quarter. Institutional investors own 90.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Barrington Research raised their target price on Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Truist Financial reiterated a “hold” rating and issued a $42.00 price objective (up from $40.00) on shares of Heidrick & Struggles International in a research report on Wednesday, December 4th.

Heidrick & Struggles International Trading Down 0.2 %

NASDAQ:HSII opened at $43.82 on Thursday. The company has a 50-day moving average price of $44.30 and a 200-day moving average price of $42.87. The stock has a market cap of $894.37 million, a price-to-earnings ratio of 23.69, a P/E/G ratio of 0.91 and a beta of 0.80. Heidrick & Struggles International, Inc. has a 12 month low of $29.03 and a 12 month high of $49.02.

Heidrick & Struggles International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued a $0.15 dividend. The ex-dividend date is Thursday, March 13th. This represents a $0.60 annualized dividend and a yield of 1.37%. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 150.00%.

Insider Buying and Selling at Heidrick & Struggles International

In other news, CEO Thomas L. Monahan acquired 5,000 shares of the firm’s stock in a transaction on Thursday, March 6th. The stock was acquired at an average price of $45.55 per share, for a total transaction of $227,750.00. Following the completion of the acquisition, the chief executive officer now owns 144,834 shares in the company, valued at $6,597,188.70. This trade represents a 3.58 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.30% of the company’s stock.

Heidrick & Struggles International Company 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.