Heidrick & Struggles International (NASDAQ:HSII) Upgraded to Strong-Buy at StockNews.com

StockNews.com upgraded shares of Heidrick & Struggles International (NASDAQ:HSII – Get Rating) from a buy rating to a strong-buy rating in a report issued on Monday morning.

Separately, TheStreet upgraded Heidrick & Struggles International from a c+ rating to a b- rating in a research report on Monday, February 6th.

Heidrick & Struggles International Stock Performance

Shares of NASDAQ:HSII opened at $31.02 on Monday. The firm has a market capitalization of $616.09 million, a PE ratio of 7.97 and a beta of 0.81. Heidrick & Struggles International has a 52-week low of $22.79 and a 52-week high of $42.17. The firm has a fifty day moving average of $30.63 and a 200 day moving average of $28.96.

Heidrick & Struggles International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 24th. Shareholders of record on Friday, March 10th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.93%. The ex-dividend date of this dividend is Thursday, March 9th. Heidrick & Struggles International’s dividend payout ratio is presently 15.42%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of HSII. Meeder Asset Management Inc. bought a new position in Heidrick & Struggles International during the 2nd quarter worth approximately $38,000. Captrust Financial Advisors grew its holdings in shares of Heidrick & Struggles International by 129.6% in the first quarter. Captrust Financial Advisors now owns 1,102 shares of the business services provider’s stock worth $44,000 after purchasing an additional 622 shares during the last quarter. Gladius Capital Management LP purchased a new position in shares of Heidrick & Struggles International in the second quarter worth $82,000. Tower Research Capital LLC TRC raised its holdings in Heidrick & Struggles International by 384.1% during the 3rd quarter. Tower Research Capital LLC TRC now owns 3,287 shares of the business services provider’s stock valued at $86,000 after buying an additional 2,608 shares during the last quarter. Finally, Mutual of America Capital Management LLC boosted its position in Heidrick & Struggles International by 18.6% during the 3rd quarter. Mutual of America Capital Management LLC now owns 3,927 shares of the business services provider’s stock valued at $102,000 after buying an additional 616 shares during the period. Hedge funds and other institutional investors own 90.33% of the company’s stock.

About Heidrick & Struggles International

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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.