Heidrick & Struggles International, Inc. (NASDAQ:HSII) Stake Lowered by Russell Investments Group Ltd.

Russell Investments Group Ltd. cut its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII – Get Rating) by 21.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,636 shares of the business services provider’s stock after selling 12,406 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.23% of Heidrick & Struggles International worth $1,304,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in HSII. Pacer Advisors Inc. boosted its position in shares of Heidrick & Struggles International by 51.5% during the fourth quarter. Pacer Advisors Inc. now owns 395,010 shares of the business services provider’s stock worth $11,048,000 after buying an additional 134,363 shares during the period. ARGI Investment Services LLC acquired a new position in shares of Heidrick & Struggles International during the fourth quarter worth approximately $3,042,000. Citadel Advisors LLC boosted its position in shares of Heidrick & Struggles International by 133.2% during the third quarter. Citadel Advisors LLC now owns 165,436 shares of the business services provider’s stock worth $4,300,000 after buying an additional 94,506 shares during the period. Marshall Wace LLP acquired a new position in shares of Heidrick & Struggles International during the third quarter worth approximately $2,192,000. Finally, Clark Estates Inc. NY acquired a new position in shares of Heidrick & Struggles International during the first quarter worth approximately $2,751,000. 90.33% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HSII has been the subject of a number of research analyst reports. Barrington Research upped their target price on Heidrick & Struggles International from $38.00 to $40.00 and gave the stock an “outperform” rating in a research report on Friday, March 24th. StockNews.com started coverage on Heidrick & Struggles International in a research note on Thursday, May 18th. They set a “buy” rating for the company. Finally, TheStreet lowered Heidrick & Struggles International from a “b-” rating to a “c” rating in a research note on Thursday, May 11th.

Heidrick & Struggles International Stock Performance

Shares of NASDAQ HSII opened at $25.55 on Thursday. The firm has a market cap of $511.77 million, a P/E ratio of 6.81 and a beta of 0.83. The stock has a fifty day moving average price of $27.48 and a two-hundred day moving average price of $28.96. Heidrick & Struggles International, Inc. has a 1 year low of $22.79 and a 1 year high of $35.59.

Heidrick & Struggles International (NASDAQ:HSII – Get Rating) last released its quarterly earnings data on Monday, February 27th. The business services provider reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.14. The business had revenue of $235.72 million during the quarter, compared to analyst estimates of $224.98 million. Heidrick & Struggles International had a return on equity of 19.25% and a net margin of 7.36%. On average, research analysts predict that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 19th. Stockholders of record on Friday, May 5th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, May 4th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.35%. Heidrick & Struggles International’s payout ratio is currently 16.00%.

Heidrick & Struggles International Company Profile

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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.