Barrington Research downgraded shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) from an outperform rating to a market perform rating in a research report released on Wednesday morning, Marketbeat reports. Barrington Research also issued estimates for Heidrick & Struggles International’s Q3 2017 earnings at $0.33 EPS, Q4 2017 earnings at $0.24 EPS, FY2017 earnings at $1.11 EPS and FY2018 earnings at $1.26 EPS.

Several other brokerages have also recently issued reports on HSII. Deutsche Bank AG lifted their target price on Heidrick & Struggles International from $25.00 to $27.00 and gave the company a hold rating in a research report on Tuesday, April 25th. Zacks Investment Research cut Heidrick & Struggles International from a strong-buy rating to a hold rating in a research report on Thursday, April 27th. BidaskClub cut Heidrick & Struggles International from a sell rating to a strong sell rating in a research report on Thursday, July 6th. Finally, ValuEngine raised Heidrick & Struggles International from a hold rating to a buy rating in a research report on Thursday, July 6th. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company. The stock has a consensus rating of Hold and an average target price of $25.00.

Shares of Heidrick & Struggles International (NASDAQ:HSII) opened at 18.45 on Wednesday. The stock’s 50 day moving average price is $21.71 and its 200-day moving average price is $22.89. The company’s market cap is $345.92 million. Heidrick & Struggles International has a 52 week low of $17.37 and a 52 week high of $27.10.

Heidrick & Struggles International (NASDAQ:HSII) last announced its earnings results on Monday, July 24th. The business services provider reported $0.33 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by $0.03. The company had revenue of $152.21 million for the quarter, compared to analysts’ expectations of $157.01 million. Heidrick & Struggles International had a negative net margin of 1.66% and a positive return on equity of 8.25%. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.35 EPS. Analysts expect that Heidrick & Struggles International will post $1.10 EPS for the current year.

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The firm also recently declared a quarterly dividend, which will be paid on Friday, August 18th. Investors of record on Friday, August 4th will be issued a dividend of $0.13 per share. The ex-dividend date of this dividend is Wednesday, August 2nd. This represents a $0.52 dividend on an annualized basis and a yield of 2.82%. Heidrick & Struggles International’s dividend payout ratio (DPR) is currently -96.29%.

A number of hedge funds have recently modified their holdings of HSII. Mason Street Advisors LLC raised its stake in shares of Heidrick & Struggles International by 7.0% in the first quarter. Mason Street Advisors LLC now owns 4,345 shares of the business services provider’s stock worth $114,000 after buying an additional 284 shares during the period. Hillsdale Investment Management Inc. acquired a new stake in shares of Heidrick & Struggles International during the first quarter worth approximately $174,000. PNC Financial Services Group Inc. raised its stake in shares of Heidrick & Struggles International by 2.1% in the first quarter. PNC Financial Services Group Inc. now owns 7,164 shares of the business services provider’s stock worth $188,000 after buying an additional 147 shares during the period. Louisiana State Employees Retirement System acquired a new stake in shares of Heidrick & Struggles International during the first quarter worth approximately $200,000. Finally, Eqis Capital Management Inc. acquired a new stake in shares of Heidrick & Struggles International during the second quarter worth approximately $220,000. Institutional investors and hedge funds own 83.28% of the company’s stock.

Heidrick & Struggles International Company Profile

Heidrick & Struggles International, Inc is an advisory firm providing executive search, leadership consulting and culture shaping services to businesses and business leaders around the world. Its segments include Executive Search, Leadership Consulting and Culture Shaping. It operates its executive search services in three geographic regions: the Americas (which includes the countries in North and South America); Europe (which includes the continents of Europe and Africa), and Asia Pacific (which includes Asia and the region generally known as the Middle East).

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