Heidrick & Struggles International, Inc. (NASDAQ:HSII) Short Interest Down 5.1% in December

Heidrick & Struggles International, Inc. (NASDAQ:HSII) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 460,300 shares, a decline of 5.1% from the December 15th total of 484,900 shares. Based on an average daily volume of 142,100 shares, the short-interest ratio is presently 3.2 days.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Heidrick & Struggles International

A number of institutional investors and hedge funds have recently bought and sold shares of HSII. Inspire Investing LLC grew its stake in Heidrick & Struggles International by 160.1% during the fourth quarter. Inspire Investing LLC now owns 27,722 shares of the business services provider’s stock valued at $1,228,000 after acquiring an additional 17,062 shares in the last quarter. SG Americas Securities LLC boosted its holdings in shares of Heidrick & Struggles International by 19.6% during the 4th quarter. SG Americas Securities LLC now owns 13,650 shares of the business services provider’s stock valued at $605,000 after purchasing an additional 2,236 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Heidrick & Struggles International by 21.0% during the third quarter. JPMorgan Chase & Co. now owns 40,305 shares of the business services provider’s stock valued at $1,566,000 after purchasing an additional 6,990 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Heidrick & Struggles International by 8.6% in the third quarter. Principal Financial Group Inc. now owns 108,485 shares of the business services provider’s stock worth $4,216,000 after purchasing an additional 8,617 shares during the last quarter. Finally, Barclays PLC lifted its position in shares of Heidrick & Struggles International by 280.9% in the third quarter. Barclays PLC now owns 37,476 shares of the business services provider’s stock worth $1,456,000 after buying an additional 27,637 shares in the last quarter. 90.13% of the stock is owned by institutional investors.

Heidrick & Struggles International Stock Up 0.2 %

Shares of NASDAQ HSII opened at $46.09 on Friday. The firm has a market cap of $940.70 million, a P/E ratio of 24.91, a PEG ratio of 0.95 and a beta of 0.88. Heidrick & Struggles International has a twelve month low of $27.07 and a twelve month high of $49.02. The company has a 50 day moving average of $45.31 and a 200 day moving average of $40.05.

Heidrick & Struggles International (NASDAQ:HSII) last released its quarterly earnings results on Monday, November 4th. The business services provider reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.04. The firm had revenue of $282.82 million for 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 period in the prior year, the firm earned $0.73 EPS. As a group, equities analysts expect that Heidrick & Struggles International will post 2.68 earnings per share for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Thursday, November 14th were paid 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 1.30%. Heidrick & Struggles International’s payout ratio is presently 32.43%.

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.