Los Angeles Capital Management LLC Lowers Stock Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Los Angeles Capital Management LLC trimmed its holdings in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 17.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,345 shares of the business services provider’s stock after selling 2,400 shares during the period. Los Angeles Capital Management LLC owned about 0.06% of Heidrick & Struggles International worth $503,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Quest Partners LLC acquired a new position in Heidrick & Struggles International during the third quarter worth $30,000. Gladius Capital Management LP purchased a new stake in shares of Heidrick & Struggles International during the 3rd quarter worth $31,000. Quantbot Technologies LP acquired a new position in shares of Heidrick & Struggles International during the 3rd quarter worth $33,000. Orion Portfolio Solutions LLC purchased a new position in shares of Heidrick & Struggles International in the 3rd quarter valued at about $207,000. Finally, HighTower Advisors LLC acquired a new stake in shares of Heidrick & Struggles International in the third quarter valued at about $212,000. 90.13% of the stock is owned by institutional investors and hedge funds.

Heidrick & Struggles International Trading Down 3.4 %

Shares of NASDAQ HSII opened at $39.61 on Tuesday. The stock has a market cap of $808.40 million, a price-to-earnings ratio of 21.41, a PEG ratio of 0.91 and a beta of 0.87. The company’s 50-day moving average price is $44.54 and its 200 day moving average price is $42.12. Heidrick & Struggles International, Inc. has a 52 week low of $29.03 and a 52 week high of $49.02.

Analyst Ratings Changes

Several brokerages have weighed in on HSII. Barrington Research upped 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 report on Monday, December 2nd. Truist Financial restated a “hold” rating and issued a $42.00 price target (up previously from $40.00) on shares of Heidrick & Struggles International in a report on Wednesday, December 4th. Finally, StockNews.com raised Heidrick & Struggles International from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th.

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.