Mirae Asset Global Investments Co. Ltd. Purchases 6,399 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Mirae Asset Global Investments Co. Ltd. lifted its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 31.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,592 shares of the business services provider’s stock after acquiring an additional 6,399 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 0.13% of Heidrick & Struggles International worth $785,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in HSII. Assenagon Asset Management S.A. grew its stake in shares of Heidrick & Struggles International by 77.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 297,188 shares of the business services provider’s stock worth $7,436,000 after acquiring an additional 129,644 shares in the last quarter. Wellington Management Group LLP purchased a new position in Heidrick & Struggles International in the third quarter valued at about $2,870,000. Inspire Investing LLC purchased a new stake in shares of Heidrick & Struggles International during the 3rd quarter valued at approximately $617,000. Campbell & CO Investment Adviser LLC lifted its stake in shares of Heidrick & Struggles International by 121.6% during the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 34,335 shares of the business services provider’s stock valued at $859,000 after buying an additional 18,842 shares in the last quarter. Finally, Dark Forest Capital Management LP purchased a new stake in shares of Heidrick & Struggles International during the 3rd quarter valued at approximately $377,000. Institutional investors own 90.13% of the company’s stock.

Wall Street Analyst Weigh In

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

Heidrick & Struggles International Trading Up 0.3 %

Heidrick & Struggles International stock opened at $30.87 on Thursday. The firm’s 50 day simple moving average is $31.57 and its 200 day simple moving average is $28.89. The firm has a market capitalization of $623.88 million, a PE ratio of 11.65, a price-to-earnings-growth ratio of 0.71 and a beta of 0.83. Heidrick & Struggles International, Inc. has a 1-year low of $22.52 and a 1-year high of $35.38.

Heidrick & Struggles International (NASDAQ:HSII) last posted 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. The business had revenue of $253.16 million for the quarter, compared to analyst estimates of $248.17 million. Heidrick & Struggles International had a net margin of 5.23% and a return on equity of 13.81%. Research analysts forecast that Heidrick & Struggles International, Inc. will post 2.69 earnings per share for the current year.

Heidrick & Struggles International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Friday, March 8th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date was Thursday, March 7th. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 22.64%.

Heidrick & Struggles International Company 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.