Heidrick & Struggles International, Inc. (NASDAQ:HSII – Free Report) – Stock analysts at Barrington Research upped their Q3 2023 earnings per share estimates for Heidrick & Struggles International in a research note issued to investors on Monday, August 7th. Barrington Research analyst K. Steinke now forecasts that the business services provider will post earnings of $0.65 per share for the quarter, up from their previous forecast of $0.60. Barrington Research currently has a “Outperform” rating and a $40.00 price target on the stock. The consensus estimate for Heidrick & Struggles International’s current full-year earnings is $2.75 per share. Barrington Research also issued estimates for Heidrick & Struggles International’s FY2024 earnings at $3.00 EPS.
A number of other brokerages have also recently issued reports on HSII. TheStreet upgraded Heidrick & Struggles International from a “c” rating to a “b-” rating in a research note on Tuesday, August 1st. StockNews.com upgraded Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Tuesday, June 20th.
Heidrick & Struggles International Trading Up 0.1 %
Shares of NASDAQ:HSII opened at $28.19 on Thursday. The stock has a fifty day simple moving average of $27.02 and a two-hundred day simple moving average of $28.31. The stock has a market capitalization of $564.08 million, a price-to-earnings ratio of 9.40 and a beta of 0.82. Heidrick & Struggles International has a 12-month low of $22.79 and a 12-month high of $35.15.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of HSII. Captrust Financial Advisors increased its position in Heidrick & Struggles International by 129.6% during the first quarter. Captrust Financial Advisors now owns 1,102 shares of the business services provider’s stock valued at $44,000 after acquiring an additional 622 shares during the last quarter. Nisa Investment Advisors LLC increased its position in Heidrick & Struggles International by 40.1% during the first quarter. Nisa Investment Advisors LLC now owns 2,133 shares of the business services provider’s stock valued at $65,000 after acquiring an additional 610 shares during the last quarter. Lazard Asset Management LLC increased its position in Heidrick & Struggles International by 54.0% during the first quarter. Lazard Asset Management LLC now owns 2,613 shares of the business services provider’s stock valued at $103,000 after acquiring an additional 916 shares during the last quarter. Banque Cantonale Vaudoise purchased a new stake in Heidrick & Struggles International during the second quarter valued at $70,000. Finally, Tower Research Capital LLC TRC increased its position in Heidrick & Struggles International by 384.1% during the third quarter. Tower Research Capital LLC TRC now owns 3,287 shares of the business services provider’s stock valued at $86,000 after acquiring an additional 2,608 shares during the last quarter. Hedge funds and other institutional investors own 89.87% of the company’s stock.
Heidrick & Struggles International Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, August 25th. Stockholders of record on Friday, August 11th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.13%. The ex-dividend date of this dividend is Thursday, August 10th. Heidrick & Struggles International’s dividend payout ratio is currently 20.00%.
About Heidrick & Struggles International
Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, consulting, and on-demand talent services to businesses and business leaders worldwide. It enables its clients to build leadership teams by facilitating the recruitment, management, and development of senior executives.
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