State Board of Administration of Florida Retirement System Reduces Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

State Board of Administration of Florida Retirement System decreased its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSIIGet Rating) by 7.0% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 10,418 shares of the business services provider’s stock after selling 790 shares during the quarter. State Board of Administration of Florida Retirement System’s holdings in Heidrick & Struggles International were worth $337,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of HSII. Nisa Investment Advisors LLC increased its position in Heidrick & Struggles International by 14.9% during the first quarter. Nisa Investment Advisors LLC now owns 3,010 shares of the business services provider’s stock worth $119,000 after buying an additional 390 shares in the last quarter. ClariVest Asset Management LLC boosted its holdings in shares of Heidrick & Struggles International by 49,000.0% during the first quarter. ClariVest Asset Management LLC now owns 14,730 shares of the business services provider’s stock worth $583,000 after purchasing an additional 14,700 shares during the last quarter. Advisor Group Holdings Inc. boosted its holdings in shares of Heidrick & Struggles International by 1,794.1% during the first quarter. Advisor Group Holdings Inc. now owns 17,805 shares of the business services provider’s stock worth $1,823,000 after purchasing an additional 16,865 shares during the last quarter. New York State Common Retirement Fund boosted its holdings in shares of Heidrick & Struggles International by 106.8% during the first quarter. New York State Common Retirement Fund now owns 28,878 shares of the business services provider’s stock worth $1,143,000 after purchasing an additional 14,916 shares during the last quarter. Finally, Qube Research & Technologies Ltd boosted its holdings in shares of Heidrick & Struggles International by 5.8% during the first quarter. Qube Research & Technologies Ltd now owns 32,543 shares of the business services provider’s stock worth $1,288,000 after purchasing an additional 1,787 shares during the last quarter. Hedge funds and other institutional investors own 92.22% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on HSII. StockNews.com began coverage on Heidrick & Struggles International in a report on Wednesday, October 12th. They set a “buy” rating on the stock. Barrington Research decreased their price objective on Heidrick & Struggles International from $45.00 to $38.00 in a report on Wednesday, October 26th.

Heidrick & Struggles International Trading Up 0.6 %

Shares of Heidrick & Struggles International stock opened at $28.82 on Monday. Heidrick & Struggles International, Inc. has a twelve month low of $22.79 and a twelve month high of $46.85. The stock has a market capitalization of $572.39 million, a P/E ratio of 7.75 and a beta of 0.81. The business’s fifty day moving average price is $27.58 and its 200 day moving average price is $30.02.

Heidrick & Struggles International (NASDAQ:HSIIGet Rating) last issued its earnings results on Monday, October 24th. The business services provider reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.14. Heidrick & Struggles International had a return on equity of 23.30% and a net margin of 6.71%. During the same period in the previous year, the company earned $1.11 EPS. As a group, sell-side analysts predict that Heidrick & Struggles International, Inc. will post 3.73 EPS for the current year.

Heidrick & Struggles International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 18th. Investors of record on Friday, November 4th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.08%. The ex-dividend date of this dividend was Thursday, November 3rd. Heidrick & Struggles International’s payout ratio is currently 16.13%.

About Heidrick & Struggles International

(Get Rating)

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, consulting, and on-demand talent services to businesses and business leaders worldwide. The company enables its clients to build leadership teams by facilitating the recruitment, management, and development of senior executives.

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Institutional Ownership by Quarter for Heidrick & Struggles International (NASDAQ:HSII)

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