Affinity Investment Advisors LLC Takes Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Affinity Investment Advisors LLC purchased a new stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 13,253 shares of the business services provider’s stock, valued at approximately $391,000. Affinity Investment Advisors LLC owned about 0.07% of Heidrick & Struggles International at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. AJOVista LLC acquired a new position in shares of Heidrick & Struggles International during the 4th quarter valued at about $51,000. Quantbot Technologies LP boosted its position in shares of Heidrick & Struggles International by 559.4% during the 3rd quarter. Quantbot Technologies LP now owns 3,554 shares of the business services provider’s stock valued at $89,000 after acquiring an additional 3,015 shares during the last quarter. Maryland State Retirement & Pension System acquired a new position in shares of Heidrick & Struggles International during the 4th quarter valued at about $218,000. Bailard Inc. acquired a new position in Heidrick & Struggles International in the fourth quarter valued at about $260,000. Finally, Quadrature Capital Ltd lifted its position in Heidrick & Struggles International by 22.7% in the third quarter. Quadrature Capital Ltd now owns 10,514 shares of the business services provider’s stock valued at $263,000 after buying an additional 1,946 shares during the last quarter. Institutional investors and hedge funds own 90.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on HSII. Truist Financial upped their target price on shares of Heidrick & Struggles International from $30.00 to $33.00 and gave the company a “hold” rating in a research report on Tuesday, May 7th. Barrington Research reaffirmed an “outperform” rating and issued a $40.00 target price on shares of Heidrick & Struggles International in a research report on Thursday, May 16th. StockNews.com raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Tuesday, March 12th. Finally, TheStreet raised shares of Heidrick & Struggles International from a “c+” rating to a “b-” rating in a research report on Monday, February 12th.

Heidrick & Struggles International Stock Down 0.3 %

NASDAQ:HSII traded down $0.12 on Wednesday, reaching $35.29. 57,271 shares of the company’s stock were exchanged, compared to its average volume of 137,784. The firm has a market capitalization of $714.62 million, a price-to-earnings ratio of 13.83, a price-to-earnings-growth ratio of 0.88 and a beta of 0.88. The business has a fifty day moving average of $31.89 and a 200-day moving average of $29.93. Heidrick & Struggles International, Inc. has a 52-week low of $22.52 and a 52-week high of $36.17.

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

Heidrick & Struggles International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 23rd. Investors of record on Thursday, May 16th will be paid a dividend of $0.15 per share. The ex-dividend date is Wednesday, May 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.70%. Heidrick & Struggles International’s payout ratio is 23.44%.

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.