Shares of Heidrick & Struggles International Inc. (NASDAQ:HSII) fell 3.7% on Tuesday . The company traded as low as $17.75 and last traded at $17.77, with a volume of 77,915 shares changing hands. The stock had previously closed at $18.46.

A number of brokerages have weighed in on HSII. Deutsche Bank AG began coverage on shares of Heidrick & Struggles International in a report on Wednesday, August 17th. They issued a “hold” rating and a $19.00 price target for the company. Zacks Investment Research downgraded shares of Heidrick & Struggles International from a “hold” rating to a “sell” rating in a report on Wednesday, July 27th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $26.00.

The stock’s 50-day moving average price is $18.83 and its 200 day moving average price is $19.77. The firm has a market capitalization of $330.18 million, a P/E ratio of 19.74 and a beta of 1.71.

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Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings data on Monday, July 25th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.30 by $0.05. Heidrick & Struggles International had a net margin of 2.88% and a return on equity of 6.84%. The company had revenue of $148.90 million for the quarter, compared to the consensus estimate of $146.80 million. During the same period last year, the company earned $0.27 earnings per share. The firm’s revenue was up 12.0% compared to the same quarter last year. On average, equities analysts forecast that Heidrick & Struggles International Inc. will post $0.99 earnings per share for the current year.

Several hedge funds have recently bought and sold shares of the stock. Acadian Asset Management LLC increased its position in shares of Heidrick & Struggles International by 17.1% in the first quarter. Acadian Asset Management LLC now owns 705,997 shares of the company’s stock worth $16,729,000 after buying an additional 103,259 shares during the last quarter. Malaga Cove Capital LLC increased its position in shares of Heidrick & Struggles International by 0.6% in the first quarter. Malaga Cove Capital LLC now owns 23,668 shares of the company’s stock worth $561,000 after buying an additional 135 shares during the last quarter. Prudential Financial Inc. increased its position in shares of Heidrick & Struggles International by 20.0% in the first quarter. Prudential Financial Inc. now owns 48,549 shares of the company’s stock worth $1,151,000 after buying an additional 8,100 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Heidrick & Struggles International by 102.0% in the first quarter. JPMorgan Chase & Co. now owns 311,009 shares of the company’s stock worth $7,371,000 after buying an additional 157,027 shares during the last quarter. Finally, Royce & Associates LP increased its position in shares of Heidrick & Struggles International by 10.4% in the first quarter. Royce & Associates LP now owns 476,937 shares of the company’s stock worth $11,303,000 after buying an additional 45,117 shares during the last quarter. Institutional investors own 88.58% of the company’s stock.

About Heidrick & Struggles International

Heidrick & Struggles International, Inc (Heidrick & Struggles) is an advisory firm providing executive search culture shaping and leadership consulting services to businesses and business leaders across the world. The Company operates its executive search and leadership consulting services in three geographic regions, including the Americas (which include the countries in North and South America), Europe (which includes the continents of Europe and Africa) and Asia Pacific (which includes Asia and the Middle East).

5 Day Chart for NASDAQ:HSII

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