Smith Asset Management Group LP reduced its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 88.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,520 shares of the business services provider’s stock after selling 55,250 shares during the period. Smith Asset Management Group LP’s holdings in Heidrick & Struggles International were worth $159,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. lifted its holdings in 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 valued at $188,000 after buying an additional 147 shares during the period. BNP Paribas Arbitrage SA lifted its holdings in Heidrick & Struggles International by 49.8% in the second quarter. BNP Paribas Arbitrage SA now owns 7,449 shares of the business services provider’s stock valued at $162,000 after buying an additional 2,477 shares during the period. Citadel Advisors LLC acquired a new position in Heidrick & Struggles International in the second quarter valued at approximately $204,000. Eqis Capital Management Inc. acquired a new position in Heidrick & Struggles International in the second quarter valued at approximately $220,000. Finally, Thrivent Financial For Lutherans lifted its holdings in Heidrick & Struggles International by 4.5% in the first quarter. Thrivent Financial For Lutherans now owns 10,470 shares of the business services provider’s stock valued at $276,000 after buying an additional 450 shares during the period. Institutional investors and hedge funds own 84.26% of the company’s stock.

Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) opened at $23.90 on Friday. The firm has a market cap of $448.98, a price-to-earnings ratio of 20.25, a price-to-earnings-growth ratio of 1.32 and a beta of 1.63. Heidrick & Struggles International, Inc. has a twelve month low of $17.90 and a twelve month high of $27.10.

Heidrick & Struggles International (NASDAQ:HSII) last posted its earnings results on Thursday, October 26th. The business services provider reported $0.43 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.09. The company had revenue of $159.80 million for the quarter, compared to analyst estimates of $152.78 million. Heidrick & Struggles International had a negative net margin of 1.42% and a positive return on equity of 8.85%. The business’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period last year, the business posted $0.37 earnings per share. equities research analysts expect that Heidrick & Struggles International, Inc. will post 1.2 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, November 17th. Shareholders of record on Friday, November 3rd will be issued a $0.13 dividend. The ex-dividend date of this dividend is Thursday, November 2nd. This represents a $0.52 annualized dividend and a yield of 2.18%. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently -108.33%.

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HSII has been the topic of several analyst reports. SunTrust Banks, Inc. restated a “hold” rating and issued a $23.00 price objective on shares of Heidrick & Struggles International in a report on Friday, October 20th. Zacks Investment Research upgraded shares of Heidrick & Struggles International from a “hold” rating to a “strong-buy” rating and set a $28.00 price objective on the stock in a report on Monday, October 30th. TheStreet lowered shares of Heidrick & Struggles International from a “b” rating to a “c” rating in a report on Monday, July 24th. Barrington Research lowered shares of Heidrick & Struggles International from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 26th. Finally, ValuEngine lowered shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a strong buy rating to the stock. Heidrick & Struggles International presently has a consensus rating of “Hold” and a consensus price target of $25.33.

About Heidrick & Struggles International

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).

Institutional Ownership by Quarter for Heidrick & Struggles International (NASDAQ:HSII)

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