Systematic Financial Management LP Buys 43,087 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Systematic Financial Management LP increased its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 8.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 554,298 shares of the business services provider’s stock after acquiring an additional 43,087 shares during the quarter. Systematic Financial Management LP owned approximately 2.72% of Heidrick & Struggles International worth $21,540,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of HSII. American Century Companies Inc. lifted its holdings in Heidrick & Struggles International by 43.8% in the 2nd quarter. American Century Companies Inc. now owns 46,621 shares of the business services provider’s stock worth $1,472,000 after buying an additional 14,209 shares during the period. Innealta Capital LLC purchased a new stake in Heidrick & Struggles International in the 2nd quarter worth approximately $29,000. SG Americas Securities LLC lifted its holdings in Heidrick & Struggles International by 82.1% in the 3rd quarter. SG Americas Securities LLC now owns 11,414 shares of the business services provider’s stock worth $444,000 after buying an additional 5,145 shares during the period. Algert Global LLC lifted its holdings in Heidrick & Struggles International by 13.0% in the 2nd quarter. Algert Global LLC now owns 54,100 shares of the business services provider’s stock worth $1,708,000 after buying an additional 6,227 shares during the period. Finally, Exchange Traded Concepts LLC lifted its holdings in Heidrick & Struggles International by 246.4% in the 3rd quarter. Exchange Traded Concepts LLC now owns 34,479 shares of the business services provider’s stock worth $1,340,000 after buying an additional 24,526 shares during the period. 90.13% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

HSII has been the subject of several research analyst reports. Truist Financial reiterated a “hold” rating and issued a $42.00 price objective (up previously from $40.00) on shares of Heidrick & Struggles International in a report on Wednesday. Barrington Research increased their price objective on Heidrick & Struggles International from $44.00 to $50.00 and gave the stock an “outperform” rating in a report on Monday. Finally, StockNews.com upgraded Heidrick & Struggles International from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th.

Heidrick & Struggles International Stock Down 1.1 %

HSII opened at $45.82 on Thursday. The stock has a market cap of $935.19 million, a PE ratio of 24.77, a PEG ratio of 1.08 and a beta of 0.88. The business has a 50 day moving average of $41.76 and a 200-day moving average of $37.61. Heidrick & Struggles International, Inc. has a 52 week low of $26.52 and a 52 week high of $49.02.

Heidrick & Struggles International (NASDAQ:HSII) last released its earnings results on Monday, November 4th. The business services provider reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.04. The company had revenue of $282.82 million during the quarter, compared to analysts’ expectations of $267.65 million. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. During the same quarter last year, the business posted $0.73 EPS. Equities analysts anticipate that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current year.

Heidrick & Struggles International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Thursday, November 14th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date was Thursday, November 14th. Heidrick & Struggles International’s payout ratio is 32.43%.

About Heidrick & Struggles International

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.