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

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

Institutional Investors Weigh In On Heidrick & Struggles International

A number of hedge funds have recently modified their holdings of the business. Allianz Asset Management GmbH grew its position in shares of Heidrick & Struggles International by 39.2% during 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. Principal Financial Group Inc. grew its position in shares of Heidrick & Struggles International by 4.4% during the 4th quarter. Principal Financial Group Inc. now owns 113,269 shares of the business services provider’s stock valued at $5,019,000 after acquiring an additional 4,784 shares during the period. Allspring Global Investments Holdings LLC bought a new stake in shares of Heidrick & Struggles International during the 4th quarter valued at $451,000. Empowered Funds LLC grew its position in shares of Heidrick & Struggles International by 2.6% during the 4th quarter. Empowered Funds LLC now owns 190,168 shares of the business services provider’s stock valued at $8,426,000 after acquiring an additional 4,895 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in Heidrick & Struggles International in the 4th quarter worth $638,000. Institutional investors own 90.13% of the company’s stock.

Heidrick & Struggles International Trading Down 0.8 %

NASDAQ:HSII opened at $46.13 on Tuesday. Heidrick & Struggles International has a 12 month low of $28.51 and a 12 month high of $49.02. The company has a market cap of $941.47 million, a PE ratio of 24.94, a price-to-earnings-growth ratio of 1.00 and a beta of 0.88. The company has a 50 day simple moving average of $45.31 and a two-hundred day simple moving average of $41.19.

Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings data on Monday, November 4th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.04. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. The firm had revenue of $282.82 million during the quarter, compared to the consensus estimate of $267.65 million. During the same quarter in the previous year, the firm posted $0.73 EPS. Research analysts forecast that Heidrick & Struggles International will post 2.68 earnings per share for the current year.

Analysts Set New Price Targets

HSII has been the subject of a number of recent analyst reports. Barrington Research boosted their price objective 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 reaffirmed a “hold” rating and issued a $42.00 target price (up previously from $40.00) on shares of Heidrick & Struggles International in a research report on Wednesday, December 4th. Finally, StockNews.com raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th.

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.