Barrington Research Boosts Heidrick & Struggles International (NASDAQ:HSII) Price Target to $52.00

Heidrick & Struggles International (NASDAQ:HSII) had its price objective raised by Barrington Research from $50.00 to $52.00 in a report published on Wednesday,Benzinga reports. Barrington Research currently has an outperform rating on the business services provider’s stock.

A number of other analysts have also commented on HSII. Truist Financial reaffirmed a “hold” rating and set a $42.00 target price (up previously from $40.00) on shares of Heidrick & Struggles International in a report on Wednesday, December 4th. StockNews.com raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th.

Heidrick & Struggles International Price Performance

Shares of Heidrick & Struggles International stock opened at $45.13 on Wednesday. The firm has a market cap of $921.06 million, a P/E ratio of 24.39, a P/E/G ratio of 0.91 and a beta of 0.80. The firm has a 50 day simple moving average of $44.46 and a 200 day simple moving average of $42.19. Heidrick & Struggles International has a fifty-two week low of $29.03 and a fifty-two week high of $49.02.

Heidrick & Struggles International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date of this dividend is Thursday, March 13th. Heidrick & Struggles International’s dividend payout ratio is presently 150.00%.

Hedge Funds Weigh In On Heidrick & Struggles International

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Heidrick & Struggles International by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 1,517,661 shares of the business services provider’s stock valued at $67,248,000 after buying an additional 14,035 shares during the period. Renaissance Technologies LLC grew its holdings in shares of Heidrick & Struggles International by 3.7% in the 4th quarter. Renaissance Technologies LLC now owns 1,106,640 shares of the business services provider’s stock valued at $49,035,000 after buying an additional 39,800 shares during the period. Allianz Asset Management GmbH grew its holdings in shares of Heidrick & Struggles International by 39.2% in the 4th quarter. Allianz Asset Management GmbH now owns 599,411 shares of the business services provider’s stock valued at $26,560,000 after buying an additional 168,912 shares during the period. Systematic Financial Management LP grew its holdings in shares of Heidrick & Struggles International by 8.4% in the 3rd quarter. Systematic Financial Management LP now owns 554,298 shares of the business services provider’s stock valued at $21,540,000 after buying an additional 43,087 shares during the period. Finally, Geode Capital Management LLC grew its holdings in shares of Heidrick & Struggles International by 3.9% in the 3rd quarter. Geode Capital Management LLC now owns 495,513 shares of the business services provider’s stock valued at $19,259,000 after buying an additional 18,771 shares during the period. Institutional investors and hedge funds own 90.13% of the company’s stock.

About Heidrick & Struggles International

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.