Voya Investment Management LLC Raises Holdings in Heidrick & Struggles International, Inc. $HSII

Voya Investment Management LLC increased its position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 97.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,611 shares of the business services provider’s stock after buying an additional 12,656 shares during the period. Voya Investment Management LLC’s holdings in Heidrick & Struggles International were worth $1,275,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Corvex Management LP bought a new position in Heidrick & Struggles International during the 1st quarter worth about $42,935,000. American Century Companies Inc. lifted its position in shares of Heidrick & Struggles International by 27.8% in the 2nd quarter. American Century Companies Inc. now owns 553,135 shares of the business services provider’s stock worth $25,311,000 after purchasing an additional 120,404 shares during the period. Geode Capital Management LLC boosted its stake in shares of Heidrick & Struggles International by 5.9% during the second quarter. Geode Capital Management LLC now owns 541,396 shares of the business services provider’s stock valued at $24,777,000 after purchasing an additional 30,347 shares in the last quarter. LSV Asset Management increased its holdings in Heidrick & Struggles International by 15.0% during the second quarter. LSV Asset Management now owns 302,146 shares of the business services provider’s stock valued at $13,826,000 after buying an additional 39,471 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in Heidrick & Struggles International by 47.2% in the second quarter. JPMorgan Chase & Co. now owns 220,223 shares of the business services provider’s stock worth $10,077,000 after buying an additional 70,605 shares in the last quarter. 90.13% of the stock is currently owned by institutional investors.

Heidrick & Struggles International Price Performance

Heidrick & Struggles International stock opened at $59.01 on Tuesday. Heidrick & Struggles International, Inc. has a 1-year low of $36.87 and a 1-year high of $59.05. The business has a fifty day moving average price of $58.78 and a 200-day moving average price of $52.35. The stock has a market capitalization of $1.23 billion, a price-to-earnings ratio of 34.51, a PEG ratio of 1.13 and a beta of 1.08.

Heidrick & Struggles International (NASDAQ:HSII) last announced its earnings results on Monday, November 3rd. The business services provider reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.07. The company had revenue of $327.90 million for the quarter, compared to analyst estimates of $305.19 million. Heidrick & Struggles International had a return on equity of 15.18% and a net margin of 3.04%. On average, equities research analysts anticipate that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Thursday, November 13th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, November 13th. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 35.09%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on HSII shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Heidrick & Struggles International in a report on Wednesday, October 8th. Barrington Research set a $59.00 target price on Heidrick & Struggles International in a research note on Thursday, October 9th. Finally, Truist Financial boosted their target price on shares of Heidrick & Struggles International from $48.00 to $59.00 and gave the stock a “hold” rating in a report on Monday, October 6th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Heidrick & Struggles International has a consensus rating of “Hold” and a consensus target price of $59.00.

Heidrick & Struggles International Profile

Heidrick & Struggles International, Inc (NASDAQ: HSII) is a global leadership advisory firm specializing in executive search, culture shaping, and leadership consulting services. Founded in 1953 and headquartered in Chicago, the company serves clients across a diverse range of industries, including technology, financial services, industrial, and consumer markets. With a focus on identifying and placing senior executives and board members, Heidrick & Struggles leverages proprietary research, deep industry expertise, and an extensive network of relationships to help organizations build effective leadership teams.

The firm’s core offerings include executive search, leadership assessment and development, culture transformation, and diversity and inclusion advisory.