Truist Financial Boosts Heidrick & Struggles International (NASDAQ:HSII) Price Target to $44.00

Heidrick & Struggles International (NASDAQ:HSII) had its target price boosted by investment analysts at Truist Financial from $42.00 to $44.00 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has a “hold” rating on the business services provider’s stock. Truist Financial’s target price points to a potential upside of 11.46% from the stock’s current price.

Separately, Barrington Research lifted their price objective on Heidrick & Struggles International from $50.00 to $52.00 and gave the company an “outperform” rating in a report on Wednesday, March 5th.

Heidrick & Struggles International Stock Down 5.6 %

NASDAQ HSII traded down $2.34 during trading hours on Tuesday, hitting $39.48. The company’s stock had a trading volume of 36,503 shares, compared to its average volume of 153,757. Heidrick & Struggles International has a twelve month low of $29.03 and a twelve month high of $49.02. The stock has a fifty day moving average of $42.91 and a 200 day moving average of $43.30. The firm has a market capitalization of $805.68 million, a P/E ratio of 21.34, a PEG ratio of 0.91 and a beta of 0.86.

Insider Buying and Selling at Heidrick & Struggles International

In other Heidrick & Struggles International news, CEO Thomas L. Monahan acquired 5,000 shares of the stock in a transaction dated Thursday, March 6th. The shares were bought at an average cost of $45.55 per share, for a total transaction of $227,750.00. Following the completion of 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 trade represents a 3.58 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in HSII. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Heidrick & Struggles International by 3.3% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,445 shares of the business services provider’s stock worth $507,000 after buying an additional 365 shares in the last quarter. BNP Paribas Financial Markets boosted its position in Heidrick & Struggles International by 1.2% during the fourth quarter. BNP Paribas Financial Markets now owns 34,570 shares of the business services provider’s stock valued at $1,532,000 after purchasing an additional 400 shares during the last quarter. Swiss National Bank increased its position in shares of Heidrick & Struggles International by 1.3% during the 4th quarter. Swiss National Bank now owns 40,000 shares of the business services provider’s stock worth $1,772,000 after purchasing an additional 500 shares during the last quarter. Sterling Capital Management LLC increased its position in shares of Heidrick & Struggles International by 5.5% during the 4th quarter. Sterling Capital Management LLC now owns 10,984 shares of the business services provider’s stock worth $487,000 after purchasing an additional 574 shares during the last quarter. Finally, Hillsdale Investment Management Inc. raised its stake in shares of Heidrick & Struggles International by 0.7% during the 4th quarter. Hillsdale Investment Management Inc. now owns 114,100 shares of the business services provider’s stock worth $5,056,000 after purchasing an additional 800 shares in the last quarter. Institutional investors own 90.13% of the company’s stock.

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.