Comerica Bank Has $326,000 Stock Holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Comerica Bank lessened its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 4.8% in the 4th quarter, Holdings Channel reports. The firm owned 7,362 shares of the business services provider’s stock after selling 370 shares during the period. Comerica Bank’s holdings in Heidrick & Struggles International were worth $326,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. KLP Kapitalforvaltning AS bought a new position in shares of Heidrick & Struggles International during the fourth quarter worth about $173,000. XTX Topco Ltd bought a new position in Heidrick & Struggles International during the 4th quarter worth $405,000. ExodusPoint Capital Management LP bought a new position in Heidrick & Struggles International during the 4th quarter worth $425,000. O Shaughnessy Asset Management LLC bought a new position in Heidrick & Struggles International during the 4th quarter worth $445,000. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of Heidrick & Struggles International in the 4th quarter valued at $451,000. 90.13% of the stock is currently owned by institutional investors.

Insider Activity

In other Heidrick & Struggles International news, CEO Thomas L. Monahan bought 5,000 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The shares were bought at an average cost of $45.55 per share, with a total value of $227,750.00. Following the completion of the purchase, the chief executive officer now directly owns 144,834 shares of the company’s stock, valued at $6,597,188.70. This trade represents a 3.58% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 1.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on HSII shares. Barrington Research raised their price objective on Heidrick & Struggles International from $50.00 to $52.00 and gave the company an “outperform” rating in a report on Wednesday, March 5th. Truist Financial boosted their price objective on Heidrick & Struggles International from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Tuesday, April 15th.

Heidrick & Struggles International Stock Down 0.3%

Shares of NASDAQ HSII opened at $43.05 on Friday. Heidrick & Struggles International, Inc. has a twelve month low of $30.20 and a twelve month high of $49.02. The stock’s 50 day moving average price is $41.16 and its 200-day moving average price is $43.54. The company has a market capitalization of $887.73 million, a PE ratio of 23.27, a PEG ratio of 0.91 and a beta of 0.98.

Heidrick & Struggles International (NASDAQ:HSII) last posted its earnings results on Monday, May 5th. The business services provider reported $0.67 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.67. The firm had revenue of $287.44 million for the quarter, compared to the consensus estimate of $267.42 million. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. As a group, research analysts expect that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Thursday, May 15th will be paid a $0.15 dividend. The ex-dividend date is Thursday, May 15th. This represents a $0.60 dividend on an annualized basis and a yield of 1.39%. Heidrick & Struggles International’s dividend payout ratio is presently 171.43%.

About Heidrick & Struggles International

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.