Heidrick & Struggles International, Inc. (NASDAQ:HSII) CEO Buys $227,750.00 in Stock

Heidrick & Struggles International, Inc. (NASDAQ:HSII) CEO Thomas L. Monahan purchased 5,000 shares of the stock in a transaction dated Thursday, March 6th. The shares were bought at an average cost of $45.55 per share, for a total transaction of $227,750.00. Following the completion of the purchase, the chief executive officer now owns 144,834 shares in the company, valued at approximately $6,597,188.70. This trade represents a 3.58 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Heidrick & Struggles International Stock Up 2.6 %

Heidrick & Struggles International stock opened at $45.79 on Wednesday. Heidrick & Struggles International, Inc. has a 52 week low of $29.03 and a 52 week high of $49.02. The firm’s 50-day simple moving average is $44.56 and its 200 day simple moving average is $42.42. The firm has a market capitalization of $934.57 million, a PE ratio of 24.75, a P/E/G ratio of 0.91 and a beta of 0.80.

Heidrick & Struggles International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be given a $0.15 dividend. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.60 annualized dividend and a dividend yield of 1.31%. Heidrick & Struggles International’s dividend payout ratio is presently 150.00%.

Institutional Investors Weigh In On Heidrick & Struggles International

Several institutional investors and hedge funds have recently made changes to their positions in HSII. Quest Partners LLC purchased a new stake in shares of Heidrick & Struggles International in the 3rd quarter worth about $30,000. Gladius Capital Management LP purchased a new stake in shares of Heidrick & Struggles International in the 3rd quarter worth about $31,000. Quantbot Technologies LP purchased a new stake in shares of Heidrick & Struggles International in the 3rd quarter worth about $33,000. KLP Kapitalforvaltning AS purchased a new stake in shares of Heidrick & Struggles International in the 4th quarter worth about $173,000. Finally, Orion Portfolio Solutions LLC purchased a new stake in shares of Heidrick & Struggles International in the 3rd quarter worth about $207,000. 90.13% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on HSII. Truist Financial reaffirmed a “hold” rating and set a $42.00 price target (up from $40.00) on shares of Heidrick & Struggles International in a research note on Wednesday, December 4th. Barrington Research upped their price target on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th.

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.