Heidrick & Struggles International, Inc. (NASDAQ:HSII) Short Interest Down 9.2% in January

Heidrick & Struggles International, Inc. (NASDAQ:HSII) saw a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 407,000 shares, a decrease of 9.2% from the January 15th total of 448,100 shares. Based on an average trading volume of 139,400 shares, the short-interest ratio is currently 2.9 days.

Heidrick & Struggles International Price Performance

HSII stock traded down $0.01 during trading on Monday, reaching $45.05. 94,374 shares of the company were exchanged, compared to its average volume of 98,154. Heidrick & Struggles International has a twelve month low of $28.51 and a twelve month high of $49.02. The company has a 50-day moving average of $45.20 and a two-hundred day moving average of $41.77. The company has a market capitalization of $919.47 million, a price-to-earnings ratio of 24.35, a P/E/G ratio of 0.99 and a beta of 0.87.

Analysts Set New Price Targets

HSII has been the subject of a number of recent analyst reports. Barrington Research upped their price target on shares of Heidrick & Struggles International from $44.00 to $50.00 and gave the stock an “outperform” rating in a report on Monday, December 2nd. Truist Financial reiterated a “hold” rating and set a $42.00 price objective (up from $40.00) on shares of Heidrick & Struggles International in a research report on Wednesday, December 4th. Finally, StockNews.com upgraded shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th.

Hedge Funds Weigh In On Heidrick & Struggles International

Several institutional investors and hedge funds have recently added to or reduced their stakes in HSII. Allianz Asset Management GmbH increased its position 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 valued at $26,560,000 after acquiring an additional 168,912 shares during the period. JPMorgan Chase & Co. increased its position in Heidrick & Struggles International by 398.7% in the 4th quarter. JPMorgan Chase & Co. now owns 200,982 shares of the business services provider’s stock valued at $8,906,000 after acquiring an additional 160,677 shares during the period. American Century Companies Inc. increased its position in Heidrick & Struggles International by 125.9% in the 4th quarter. American Century Companies Inc. now owns 287,569 shares of the business services provider’s stock valued at $12,742,000 after acquiring an additional 160,257 shares during the period. Alliancebernstein L.P. increased its position in Heidrick & Struggles International by 345.3% in the 4th quarter. Alliancebernstein L.P. now owns 85,800 shares of the business services provider’s stock valued at $3,802,000 after acquiring an additional 66,530 shares during the period. Finally, Empowered Funds LLC increased its position in Heidrick & Struggles International by 43.4% in the 3rd quarter. Empowered Funds LLC now owns 185,273 shares of the business services provider’s stock valued at $7,200,000 after acquiring an additional 56,047 shares during the period. 90.13% of the stock is currently owned by institutional investors and hedge funds.

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.