ProShare Advisors LLC Purchases Shares of 6,075 Heidrick & Struggles International, Inc. (NASDAQ:HSII)

ProShare Advisors LLC acquired a new position in Heidrick & Struggles International, Inc. (NASDAQ:HSII) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,075 shares of the business services provider’s stock, valued at approximately $269,000.

A number of other hedge funds have also recently made changes to their positions in HSII. KLP Kapitalforvaltning AS acquired a new position in Heidrick & Struggles International during the fourth quarter worth $173,000. 4WEALTH Advisors Inc. purchased a new stake in shares of Heidrick & Struggles International in the 4th quarter valued at $365,000. XTX Topco Ltd acquired a new position in Heidrick & Struggles International during the 4th quarter worth about $405,000. ExodusPoint Capital Management LP purchased a new position in Heidrick & Struggles International during the 4th quarter valued at about $425,000. Finally, O Shaughnessy Asset Management LLC acquired a new position in Heidrick & Struggles International in the 4th quarter valued at about $445,000. Hedge funds and other institutional investors own 90.13% of the company’s stock.

Heidrick & Struggles International Price Performance

HSII opened at $43.63 on Friday. The business has a fifty day moving average price of $41.20 and a 200 day moving average price of $43.51. Heidrick & Struggles International, Inc. has a 12 month low of $30.20 and a 12 month high of $49.02. The stock has a market capitalization of $899.69 million, a price-to-earnings ratio of 23.58, a PEG ratio of 0.91 and a beta of 0.98.

Heidrick & Struggles International (NASDAQ:HSII) last announced its quarterly earnings data on Monday, May 5th. The business services provider reported $0.67 EPS for the quarter, hitting analysts’ consensus estimates of $0.67. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. The business had revenue of $287.44 million during the quarter, compared to the consensus estimate of $267.42 million. On average, research analysts anticipate that Heidrick & Struggles International, Inc. will post 2.68 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, May 29th. Investors of record on Thursday, May 15th were paid a dividend of $0.15 per share. The ex-dividend date was Thursday, May 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.38%. Heidrick & Struggles International’s payout ratio is currently 171.43%.

Analyst Ratings Changes

Several analysts have recently issued reports on HSII shares. Barrington Research increased their price target on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. Truist Financial upped their target price on shares of Heidrick & Struggles International from $42.00 to $44.00 and gave the stock a “hold” rating in a research note on Tuesday, April 15th.

Insider Activity at Heidrick & Struggles International

In other Heidrick & Struggles International news, CEO Thomas L. Monahan purchased 5,000 shares of the firm’s stock in a transaction on Thursday, March 6th. The stock was bought at an average cost of $45.55 per share, with a total value of $227,750.00. Following the acquisition, the chief executive officer now directly owns 144,834 shares of the company’s stock, valued at approximately $6,597,188.70. This represents a 3.58% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.43% of the stock is currently owned by corporate insiders.

Heidrick & Struggles International Company Profile

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.