Pacer Advisors Inc. Sells 16,820 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Pacer Advisors Inc. reduced its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 1.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 931,196 shares of the business services provider’s stock after selling 16,820 shares during the quarter. Pacer Advisors Inc. owned about 4.56% of Heidrick & Struggles International worth $36,186,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. American Century Companies Inc. boosted its position in Heidrick & Struggles International by 43.8% during the 2nd quarter. American Century Companies Inc. now owns 46,621 shares of the business services provider’s stock valued at $1,472,000 after acquiring an additional 14,209 shares in the last quarter. Innealta Capital LLC bought a new stake in shares of Heidrick & Struggles International during the second quarter valued at approximately $29,000. SG Americas Securities LLC boosted its position in shares of Heidrick & Struggles International by 82.1% during the third quarter. SG Americas Securities LLC now owns 11,414 shares of the business services provider’s stock valued at $444,000 after purchasing an additional 5,145 shares in the last quarter. Algert Global LLC grew its stake in Heidrick & Struggles International by 13.0% in the second quarter. Algert Global LLC now owns 54,100 shares of the business services provider’s stock worth $1,708,000 after purchasing an additional 6,227 shares during the period. Finally, Exchange Traded Concepts LLC raised its holdings in Heidrick & Struggles International by 246.4% in the third quarter. Exchange Traded Concepts LLC now owns 34,479 shares of the business services provider’s stock worth $1,340,000 after purchasing an additional 24,526 shares in the last quarter. 90.13% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on HSII shares. Truist Financial restated a “hold” rating and set a $40.00 target price (up previously from $33.00) on shares of Heidrick & Struggles International in a report on Tuesday, November 5th. Barrington Research reissued an “outperform” rating and set a $44.00 price objective on shares of Heidrick & Struggles International in a research note on Friday, September 20th. Finally, StockNews.com raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th.

Heidrick & Struggles International Trading Down 0.0 %

NASDAQ HSII opened at $46.57 on Friday. Heidrick & Struggles International, Inc. has a 12 month low of $26.52 and a 12 month high of $49.02. The stock’s fifty day moving average price is $40.22 and its 200-day moving average price is $36.75. The stock has a market cap of $950.45 million, a P/E ratio of 25.17, a P/E/G ratio of 1.05 and a beta of 0.85.

Heidrick & Struggles International (NASDAQ:HSII) last announced its quarterly earnings data on Monday, November 4th. The business services provider reported $0.72 EPS for the quarter, beating the consensus estimate of $0.68 by $0.04. The company had revenue of $282.82 million for the quarter, compared to the consensus estimate 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 period in the prior year, the firm posted $0.73 EPS. As a group, analysts forecast that Heidrick & Struggles International, Inc. will post 2.67 earnings per share for the current fiscal year.

Heidrick & Struggles International Announces Dividend

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

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.