Heidrick & Struggles International, Inc. (HSII) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) have been given a consensus recommendation of “Hold” by the seven ratings firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $43.50.

HSII has been the subject of a number of recent research reports. BidaskClub cut shares of Heidrick & Struggles International from a “sell” rating to a “strong sell” rating in a research note on Thursday, January 24th. Barrington Research increased their price objective on shares of Heidrick & Struggles International to $51.00 and gave the company an “outperform” rating in a research note on Wednesday, February 27th. Credit Suisse Group increased their price objective on shares of Heidrick & Struggles International from $35.00 to $38.00 and gave the company a “neutral” rating in a research note on Tuesday, February 26th. TheStreet upgraded shares of Heidrick & Struggles International from a “c+” rating to a “b-” rating in a research note on Tuesday, January 15th. Finally, Zacks Investment Research upgraded shares of Heidrick & Struggles International from a “hold” rating to a “strong-buy” rating and set a $50.00 price objective for the company in a research note on Friday, March 1st.

Institutional investors have recently made changes to their positions in the stock. Meeder Asset Management Inc. acquired a new stake in shares of Heidrick & Struggles International during the 4th quarter worth about $38,000. Municipal Employees Retirement System of Michigan bought a new stake in Heidrick & Struggles International during the 4th quarter worth about $171,000. Metropolitan Life Insurance Co. NY grew its holdings in Heidrick & Struggles International by 400.0% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 6,560 shares of the business services provider’s stock worth $205,000 after acquiring an additional 5,248 shares during the last quarter. Hartford Investment Management Co. bought a new stake in Heidrick & Struggles International during the 4th quarter worth about $206,000. Finally, Laurion Capital Management LP bought a new stake in Heidrick & Struggles International during the 3rd quarter worth about $212,000. Institutional investors and hedge funds own 92.34% of the company’s stock.

Shares of HSII stock opened at $42.02 on Friday. Heidrick & Struggles International has a 52-week low of $28.25 and a 52-week high of $45.28. The firm has a market capitalization of $785.76 million, a PE ratio of 16.67, a price-to-earnings-growth ratio of 1.18 and a beta of 1.43.

The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, March 8th were given a dividend of $0.15 per share. The ex-dividend date was Thursday, March 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.43%. This is a boost from Heidrick & Struggles International’s previous quarterly dividend of $0.13. Heidrick & Struggles International’s dividend payout ratio (DPR) is 23.81%.

About Heidrick & Struggles International

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, culture shaping, and leadership consulting services on a retained basis to businesses and business leaders in the Americas, Europe, the Asia Pacific, and internationally. The company enables its clients to build leadership teams by facilitating the recruitment, management, and deployment of senior executives.

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