Voya Investment Management LLC Acquires 12,656 Shares of Heidrick & Struggles International, Inc. $HSII

Voya Investment Management LLC grew its holdings in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 97.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,611 shares of the business services provider’s stock after buying an additional 12,656 shares during the quarter. Voya Investment Management LLC owned 0.12% of Heidrick & Struggles International worth $1,275,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. purchased a new stake in Heidrick & Struggles International during the third quarter valued at approximately $5,044,000. Texas Permanent School Fund Corp increased its position in shares of Heidrick & Struggles International by 9.3% during the 2nd quarter. Texas Permanent School Fund Corp now owns 10,580 shares of the business services provider’s stock valued at $484,000 after purchasing an additional 901 shares during the last quarter. Squarepoint Ops LLC purchased a new stake in Heidrick & Struggles International during the 2nd quarter valued at $709,000. CANADA LIFE ASSURANCE Co lifted its position in Heidrick & Struggles International by 5.0% in the second quarter. CANADA LIFE ASSURANCE Co now owns 26,679 shares of the business services provider’s stock worth $1,221,000 after buying an additional 1,276 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in Heidrick & Struggles International by 262.0% in the second quarter. Tower Research Capital LLC TRC now owns 2,744 shares of the business services provider’s stock worth $126,000 after buying an additional 1,986 shares during the last quarter. Hedge funds and other institutional investors own 90.13% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on HSII shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Heidrick & Struggles International in a research report on Wednesday, October 8th. Truist Financial upped their price target on shares of Heidrick & Struggles International from $48.00 to $59.00 and gave the company a “hold” rating in a report on Monday, October 6th. Finally, Barrington Research set a $59.00 price objective on shares of Heidrick & Struggles International in a research report on Thursday, October 9th. Three equities research 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 an average price target of $59.00.

Heidrick & Struggles International Trading Up 0.1%

Shares of HSII opened at $59.01 on Tuesday. The firm has a fifty day moving average price of $58.78 and a 200-day moving average price of $52.35. The firm has a market capitalization of $1.23 billion, a P/E ratio of 34.51, a P/E/G ratio of 1.13 and a beta of 1.08. Heidrick & Struggles International, Inc. has a 12-month low of $36.87 and a 12-month high of $59.05.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings results on Monday, November 3rd. The business services provider reported $0.83 EPS for the quarter, topping the consensus estimate of $0.76 by $0.07. The company had revenue of $327.90 million for the quarter, compared to the consensus estimate of $305.19 million. Heidrick & Struggles International had a net margin of 3.04% and a return on equity of 15.18%. Analysts predict that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current year.

Heidrick & Struggles International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Thursday, November 13th were paid a dividend of $0.15 per share. 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 payout ratio is currently 35.09%.

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.