Swiss National Bank Buys 500 Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Swiss National Bank grew its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 1.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 40,000 shares of the business services provider’s stock after buying an additional 500 shares during the period. Swiss National Bank’s holdings in Heidrick & Struggles International were worth $1,772,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Quest Partners LLC purchased a new stake in Heidrick & Struggles International in the 3rd quarter worth approximately $30,000. Quantbot Technologies LP bought a new position in shares of Heidrick & Struggles International in the third quarter worth approximately $33,000. Orion Portfolio Solutions LLC purchased a new stake in shares of Heidrick & Struggles International in the third quarter worth $207,000. HighTower Advisors LLC bought a new stake in shares of Heidrick & Struggles International during the 3rd quarter valued at $212,000. Finally, Intech Investment Management LLC purchased a new position in shares of Heidrick & Struggles International during the 3rd quarter valued at $261,000. Institutional investors own 90.13% of the company’s stock.

Insider Buying and Selling at Heidrick & Struggles International

In other news, CEO Thomas L. Monahan acquired 5,000 shares of the firm’s stock in a transaction dated Thursday, March 6th. The shares were acquired 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. The trade was a 3.58 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Barrington Research increased their price target on Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Truist Financial reiterated a “hold” rating and set a $42.00 target price (up previously from $40.00) on shares of Heidrick & Struggles International in a research report on Wednesday, December 4th.

Heidrick & Struggles International Stock Performance

HSII stock opened at $43.48 on Friday. The company has a market capitalization of $887.43 million, a PE ratio of 23.50, a price-to-earnings-growth ratio of 0.91 and a beta of 0.80. The company’s fifty day moving average price is $44.21 and its 200-day moving average price is $42.93. Heidrick & Struggles International, Inc. has a one year low of $29.03 and a one year high of $49.02.

Heidrick & Struggles International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.38%. The ex-dividend date of this dividend was Thursday, March 13th. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 150.00%.

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.