Mesirow Financial Investment Management Inc. Has $267,000 Holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Mesirow Financial Investment Management Inc. trimmed its holdings in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 23.5% in the first quarter, HoldingsChannel reports. The institutional investor owned 7,940 shares of the business services provider’s stock after selling 2,435 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Heidrick & Struggles International were worth $267,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

A number of analysts recently commented on the stock. StockNews.com cut shares of Heidrick & Struggles International from a “strong-buy” rating to a “buy” rating in a research report on Thursday, June 27th. Truist Financial raised their price objective 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. Finally, Barrington Research reiterated an “outperform” rating and set a $40.00 target price on shares of Heidrick & Struggles International in a report on Thursday, May 16th.

Heidrick & Struggles International Trading Up 0.7 %

Shares of NASDAQ HSII traded up $0.21 during midday trading on Wednesday, reaching $32.11. The company’s stock had a trading volume of 64,611 shares, compared to its average volume of 168,224. The stock has a 50 day simple moving average of $33.11 and a 200-day simple moving average of $31.31. The stock has a market capitalization of $650.23 million, a price-to-earnings ratio of 12.46, a PEG ratio of 0.79 and a beta of 0.88. 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 issued its quarterly earnings results on Monday, May 6th. The business services provider reported $0.67 EPS for the quarter, topping the consensus estimate of $0.58 by $0.09. The firm had revenue of $265.20 million for the quarter, compared to analysts’ expectations of $251.89 million. Heidrick & Struggles International had a net margin of 4.95% and a return on equity of 13.10%. As a group, equities analysts anticipate that Heidrick & Struggles International, Inc. will post 2.49 EPS for the current year.

Heidrick & Struggles International Announces Dividend

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

Heidrick & Struggles International Company 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.