HeadHunter Group PLC (NASDAQ:HHR) Increases Dividend to $0.71 Per Share

HeadHunter Group PLC (NASDAQ:HHR) announced an annual dividend on Thursday, January 13th, Zacks reports. Investors of record on Monday, January 24th will be paid a dividend of 0.714 per share on Thursday, February 10th. This represents a yield of 1.52%. The ex-dividend date of this dividend is Friday, January 21st. This is a positive change from HeadHunter Group’s previous annual dividend of $0.55.

HeadHunter Group has a payout ratio of 22.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect HeadHunter Group to earn $2.04 per share next year, which means the company should continue to be able to cover its $0.55 annual dividend with an expected future payout ratio of 27.0%.

Shares of HeadHunter Group stock opened at $46.92 on Friday. The stock’s fifty day moving average price is $53.14 and its 200-day moving average price is $50.18. HeadHunter Group has a 12 month low of $27.72 and a 12 month high of $68.18. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.38. The firm has a market cap of $2.38 billion, a P/E ratio of 39.76, a P/E/G ratio of 0.49 and a beta of 0.69.

HeadHunter Group (NASDAQ:HHR) last posted its quarterly earnings data on Monday, November 15th. The company reported $0.53 EPS for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.15. The business had revenue of $64.46 million during the quarter. HeadHunter Group had a return on equity of 124.46% and a net margin of 32.41%. Analysts forecast that HeadHunter Group will post 1.5 earnings per share for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Morgan Stanley increased its holdings in shares of HeadHunter Group by 523.1% in the second quarter. Morgan Stanley now owns 88,681 shares of the company’s stock valued at $3,757,000 after purchasing an additional 74,449 shares in the last quarter. Jane Street Group LLC increased its stake in HeadHunter Group by 107.2% in the 3rd quarter. Jane Street Group LLC now owns 20,610 shares of the company’s stock valued at $1,006,000 after buying an additional 10,664 shares during the last quarter. Bank of America Corp DE increased its stake in HeadHunter Group by 405.6% in the 2nd quarter. Bank of America Corp DE now owns 3,312 shares of the company’s stock valued at $140,000 after buying an additional 2,657 shares during the last quarter. UBS Group AG increased its stake in shares of HeadHunter Group by 32.2% during the 3rd quarter. UBS Group AG now owns 3,577 shares of the company’s stock worth $175,000 after purchasing an additional 872 shares during the last quarter. Finally, Citadel Advisors LLC increased its stake in shares of HeadHunter Group by 8.1% during the 2nd quarter. Citadel Advisors LLC now owns 9,145 shares of the company’s stock worth $387,000 after purchasing an additional 683 shares during the last quarter. Hedge funds and other institutional investors own 50.25% of the company’s stock.

Several brokerages have recently commented on HHR. Zacks Investment Research lowered HeadHunter Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Bank of America raised HeadHunter Group from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $52.00 to $85.00 in a research report on Tuesday, November 30th. UBS Group raised HeadHunter Group from a “neutral” rating to a “buy” rating and set a $66.00 price objective for the company in a report on Monday, November 29th. Finally, Credit Suisse Group lifted their price objective on HeadHunter Group from $58.00 to $71.00 and gave the company an “outperform” rating in a research report on Tuesday, November 16th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $64.20.

HeadHunter Group Company Profile

HeadHunter Group Plc engages in the provision and development of online recruitment platform. It provides both job seekers and employers with a range of human resource value added services. It operates through the Russia and Other segments. The Other segment includes operations in Belarus, Kazakhstan, Estonia, Latvia, Lithuania, Ukraine, and Azerbaijan.

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