Versor Investments LP Makes New $339,000 Investment in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Versor Investments LP acquired a new stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 8,723 shares of the business services provider’s stock, valued at approximately $339,000.

A number of other hedge funds have also modified their holdings of HSII. Dimensional Fund Advisors LP boosted its position in shares of Heidrick & Struggles International by 2.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,376,789 shares of the business services provider’s stock valued at $43,479,000 after purchasing an additional 29,820 shares during the period. Mak Capital One LLC raised its holdings in shares of Heidrick & Struggles International by 35.2% during the second quarter. Mak Capital One LLC now owns 993,408 shares of the business services provider’s stock valued at $31,372,000 after acquiring an additional 258,583 shares during the period. Pacer Advisors Inc. purchased a new stake in shares of Heidrick & Struggles International in the 2nd quarter valued at approximately $29,938,000. Invenomic Capital Management LP boosted its stake in Heidrick & Struggles International by 31.5% in the 1st quarter. Invenomic Capital Management LP now owns 389,950 shares of the business services provider’s stock worth $13,126,000 after purchasing an additional 93,400 shares during the period. Finally, LSV Asset Management boosted its stake in Heidrick & Struggles International by 0.7% in the 2nd quarter. LSV Asset Management now owns 311,632 shares of the business services provider’s stock worth $9,841,000 after purchasing an additional 2,074 shares during the period. 90.13% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

HSII has been the subject of a number of research analyst reports. Barrington Research restated an “outperform” rating and issued a $44.00 target price on shares of Heidrick & Struggles International in a report on Friday, September 20th. StockNews.com raised Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Finally, Truist Financial reaffirmed a “hold” rating and set a $40.00 target price (up previously from $33.00) on shares of Heidrick & Struggles International in a research note on Tuesday, November 5th.

Heidrick & Struggles International Stock Down 3.4 %

HSII stock opened at $44.78 on Friday. The company has a 50 day moving average of $39.51 and a two-hundred day moving average of $36.31. The company has a market cap of $913.96 million, a price-to-earnings ratio of 24.21, a PEG ratio of 1.10 and a beta of 0.85. Heidrick & Struggles International, Inc. has a 12-month low of $26.52 and a 12-month high of $49.02.

Heidrick & Struggles International (NASDAQ:HSII) last announced its quarterly earnings data on Monday, November 4th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.04. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. The business had revenue of $282.82 million during the quarter, compared to analyst estimates of $267.65 million. During the same period last year, the company earned $0.73 earnings per share. On average, research analysts anticipate that Heidrick & Struggles International, Inc. will post 2.67 EPS for the current year.

Heidrick & Struggles International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $0.60 annualized dividend and a dividend yield of 1.34%. Heidrick & Struggles International’s dividend payout ratio is 32.43%.

About Heidrick & Struggles International

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.