Prairiewood Capital LLC Decreases Stock Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Prairiewood Capital LLC reduced its holdings in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 4.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,910 shares of the business services provider’s stock after selling 949 shares during the quarter. Prairiewood Capital LLC’s holdings in Heidrick & Struggles International were worth $1,015,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quest Partners LLC purchased a new position in Heidrick & Struggles International during the third quarter worth $30,000. Gladius Capital Management LP acquired a new stake in shares of Heidrick & Struggles International during the third quarter valued at $31,000. Quantbot Technologies LP purchased a new stake in Heidrick & Struggles International during the 3rd quarter worth about $33,000. Quarry LP acquired a new position in Heidrick & Struggles International in the 2nd quarter valued at about $44,000. Finally, Victory Capital Management Inc. lifted its holdings in Heidrick & Struggles International by 7.5% in the 2nd quarter. Victory Capital Management Inc. now owns 5,705 shares of the business services provider’s stock valued at $180,000 after purchasing an additional 396 shares in the last quarter. Institutional investors and hedge funds own 90.13% of the company’s stock.

Heidrick & Struggles International Price Performance

HSII opened at $46.09 on Tuesday. Heidrick & Struggles International, Inc. has a 12 month low of $27.07 and a 12 month high of $49.02. The business has a 50-day moving average of $45.27 and a two-hundred day moving average of $40.21. The stock has a market capitalization of $940.70 million, a price-to-earnings ratio of 24.91, a price-to-earnings-growth ratio of 0.95 and a beta of 0.88.

Heidrick & Struggles International (NASDAQ:HSII) last released its earnings results on Monday, November 4th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.04. The firm had revenue of $282.82 million during the quarter, compared to the consensus estimate of $267.65 million. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. During the same period in the previous year, the firm earned $0.73 earnings per share. Equities research analysts anticipate that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current year.

Heidrick & Struggles International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 14th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.30%. The ex-dividend date was Thursday, November 14th. Heidrick & Struggles International’s dividend payout ratio (DPR) is currently 32.43%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on HSII. StockNews.com upgraded shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th. Barrington Research lifted their target price on shares of Heidrick & Struggles International from $44.00 to $50.00 and gave the stock an “outperform” rating in a research note on Monday, December 2nd. Finally, Truist Financial reiterated a “hold” rating and issued a $42.00 price target (up from $40.00) on shares of Heidrick & Struggles International in a report on Wednesday, December 4th.

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.