Truist Financial Boosts Heidrick & Struggles International (NASDAQ:HSII) Price Target to $46.00

Heidrick & Struggles International (NASDAQ:HSII) had its target price raised by Truist Financial from $44.00 to $46.00 in a research report report published on Friday,Benzinga reports. The firm currently has a hold rating on the business services provider’s stock.

Separately, Barrington Research reiterated an “outperform” rating and set a $52.00 price target on shares of Heidrick & Struggles International in a report on Friday, June 13th.

Heidrick & Struggles International Stock Down 0.5%

NASDAQ HSII opened at $42.76 on Friday. Heidrick & Struggles International has a fifty-two week low of $30.20 and a fifty-two week high of $49.02. The business has a fifty day moving average of $41.78 and a 200-day moving average of $43.25. The stock has a market cap of $881.71 million, a price-to-earnings ratio of 122.17, a price-to-earnings-growth ratio of 0.94 and a beta of 1.02.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings data on Monday, May 5th. The business services provider reported $0.67 EPS for the quarter, hitting analysts’ consensus estimates of $0.67. Heidrick & Struggles International had a return on equity of 14.23% and a net margin of 0.71%. The firm had revenue of $287.44 million during the quarter, compared to analysts’ expectations of $267.42 million. As a group, analysts anticipate that Heidrick & Struggles International will post 2.68 EPS for the current year.

Heidrick & Struggles International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend was Thursday, May 15th. Heidrick & Struggles International’s dividend payout ratio is presently 171.43%.

Institutional Investors Weigh In On Heidrick & Struggles International

Several hedge funds have recently made changes to their positions in the business. SummerHaven Investment Management LLC increased its stake in Heidrick & Struggles International by 1.2% in the first quarter. SummerHaven Investment Management LLC now owns 25,216 shares of the business services provider’s stock valued at $1,080,000 after purchasing an additional 310 shares during the last quarter. Martingale Asset Management L P grew its holdings in Heidrick & Struggles International by 0.6% in the 1st quarter. Martingale Asset Management L P now owns 57,478 shares of the business services provider’s stock valued at $2,462,000 after buying an additional 330 shares during the period. Hohimer Wealth Management LLC increased its stake in shares of Heidrick & Struggles International by 5.4% during the 1st quarter. Hohimer Wealth Management LLC now owns 6,922 shares of the business services provider’s stock valued at $296,000 after acquiring an additional 353 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Heidrick & Struggles International by 3.3% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,445 shares of the business services provider’s stock valued at $507,000 after acquiring an additional 365 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Heidrick & Struggles International by 1.2% during the 4th quarter. BNP Paribas Financial Markets now owns 34,570 shares of the business services provider’s stock worth $1,532,000 after acquiring an additional 400 shares during the period. Institutional investors and hedge funds own 90.13% of the company’s stock.

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.