American Century Companies Inc. Sells 14,388 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

American Century Companies Inc. decreased its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 6.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 207,692 shares of the business services provider’s stock after selling 14,388 shares during the period. American Century Companies Inc. owned about 1.03% of Heidrick & Struggles International worth $5,196,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of HSII. Bank of New York Mellon Corp raised its stake in Heidrick & Struggles International by 1.3% in the first quarter. Bank of New York Mellon Corp now owns 264,355 shares of the business services provider’s stock valued at $10,463,000 after buying an additional 3,350 shares during the period. Citigroup Inc. increased its stake in shares of Heidrick & Struggles International by 2.5% during the first quarter. Citigroup Inc. now owns 19,352 shares of the business services provider’s stock worth $766,000 after purchasing an additional 478 shares during the period. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Heidrick & Struggles International during the first quarter worth approximately $1,148,000. MetLife Investment Management LLC increased its stake in shares of Heidrick & Struggles International by 51.3% during the first quarter. MetLife Investment Management LLC now owns 11,343 shares of the business services provider’s stock worth $449,000 after purchasing an additional 3,846 shares during the period. Finally, Rhumbline Advisers increased its stake in shares of Heidrick & Struggles International by 1.7% during the first quarter. Rhumbline Advisers now owns 50,904 shares of the business services provider’s stock worth $2,015,000 after purchasing an additional 865 shares during the period. Institutional investors own 90.13% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. StockNews.com upgraded Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Tuesday, March 12th. Barrington Research reiterated an “outperform” rating and set a $40.00 target price on shares of Heidrick & Struggles International in a research note on Monday, March 4th. TheStreet upgraded Heidrick & Struggles International from a “c+” rating to a “b-” rating in a research note on Monday, February 12th. Finally, Truist Financial raised their price objective on Heidrick & Struggles International from $27.00 to $30.00 and gave the stock a “hold” rating in a research note on Tuesday, February 27th.

Heidrick & Struggles International Price Performance

Heidrick & Struggles International stock opened at $33.28 on Thursday. The stock’s fifty day moving average price is $30.87 and its two-hundred day moving average price is $28.03. Heidrick & Struggles International, Inc. has a one year low of $22.52 and a one year high of $35.38. The firm has a market cap of $669.59 million, a PE ratio of 12.56, a price-to-earnings-growth ratio of 0.75 and a beta of 0.83.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings data on Monday, February 26th. The business services provider reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The firm had revenue of $253.16 million for the quarter, compared to analyst estimates of $248.17 million. Heidrick & Struggles International had a return on equity of 13.81% and a net margin of 5.23%. Sell-side analysts expect that Heidrick & Struggles International, Inc. will post 2.69 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 Thursday, March 21st. Shareholders of record on Friday, March 8th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date of this dividend was Thursday, March 7th. Heidrick & Struggles International’s dividend payout ratio is presently 22.64%.

Heidrick & Struggles International Profile

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.