Heidrick & Struggles International (NASDAQ:HSII) Rating Reiterated by Barrington Research

Barrington Research restated their outperform rating on shares of Heidrick & Struggles International (NASDAQ:HSII) in a research report report published on Thursday morning, Benzinga reports. Barrington Research currently has a $40.00 target price on the business services provider’s stock. Barrington Research also issued estimates for Heidrick & Struggles International’s Q2 2024 earnings at $0.57 EPS, Q3 2024 earnings at $0.61 EPS, Q4 2024 earnings at $0.51 EPS and FY2025 earnings at $2.54 EPS.

Other analysts have also issued research reports about the stock. TheStreet raised shares of Heidrick & Struggles International from a c+ rating to a b- rating in a research report on Monday, February 12th. Truist Financial lifted their price target on shares of Heidrick & Struggles International from $30.00 to $33.00 and gave the stock a hold rating in a report on Tuesday, May 7th. Finally, StockNews.com raised Heidrick & Struggles International from a hold rating to a buy rating in a research report on Tuesday, March 12th.

Heidrick & Struggles International Trading Up 0.8 %

Shares of HSII opened at $35.97 on Thursday. The stock has a 50 day moving average of $31.74 and a 200 day moving average of $29.78. The company has a market capitalization of $728.32 million, a price-to-earnings ratio of 14.05, a PEG ratio of 0.94 and a beta of 0.88. Heidrick & Struggles International has a 12 month low of $22.52 and a 12 month high of $36.17.

Heidrick & Struggles International (NASDAQ:HSII) last announced its earnings results on Monday, February 26th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.03. The firm had revenue of $253.16 million during the quarter, compared to analyst estimates of $248.17 million. Heidrick & Struggles International had a return on equity of 13.10% and a net margin of 4.95%. As a group, equities research analysts predict that Heidrick & Struggles International will post 2.49 earnings per share for the current year.

Heidrick & Struggles International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 23rd. Stockholders of record on Thursday, May 16th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.67%. The ex-dividend date of this dividend is Wednesday, May 15th. Heidrick & Struggles International’s dividend payout ratio (DPR) is currently 23.44%.

Institutional Trading of Heidrick & Struggles International

A number of institutional investors have recently modified their holdings of HSII. Teacher Retirement System of Texas lifted its position in shares of Heidrick & Struggles International by 3.8% during the third quarter. Teacher Retirement System of Texas now owns 15,044 shares of the business services provider’s stock worth $376,000 after acquiring an additional 548 shares in the last quarter. LSV Asset Management boosted its stake in Heidrick & Struggles International by 4.0% in the 3rd quarter. LSV Asset Management now owns 305,767 shares of the business services provider’s stock worth $7,650,000 after purchasing an additional 11,838 shares during the period. Assenagon Asset Management S.A. boosted its stake in Heidrick & Struggles International by 77.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 297,188 shares of the business services provider’s stock worth $7,436,000 after purchasing an additional 129,644 shares during the period. Illinois Municipal Retirement Fund purchased a new position in Heidrick & Struggles International during the 3rd quarter valued at about $308,000. Finally, Jump Financial LLC purchased a new stake in shares of Heidrick & Struggles International in the third quarter worth about $268,000. 90.13% of the stock is currently owned by hedge funds and other institutional investors.

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.