13,169 Shares in Heidrick & Struggles International, Inc. (HSII) Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 13,169 shares of the business services provider’s stock, valued at approximately $411,000. Public Employees Retirement System of Ohio owned approximately 0.07% of Heidrick & Struggles International at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Morgan Stanley raised its holdings in Heidrick & Struggles International by 256.9% during the 3rd quarter. Morgan Stanley now owns 380,548 shares of the business services provider’s stock valued at $12,882,000 after buying an additional 273,915 shares during the last quarter. Royce & Associates LP raised its holdings in Heidrick & Struggles International by 28.4% in the 4th quarter. Royce & Associates LP now owns 657,195 shares of the business services provider’s stock worth $20,498,000 after purchasing an additional 145,433 shares in the last quarter. TIAA CREF Investment Management LLC raised its holdings in Heidrick & Struggles International by 64.4% in the 3rd quarter. TIAA CREF Investment Management LLC now owns 212,243 shares of the business services provider’s stock worth $7,184,000 after purchasing an additional 83,170 shares in the last quarter. BlackRock Inc. raised its holdings in Heidrick & Struggles International by 2.7% in the 4th quarter. BlackRock Inc. now owns 2,806,908 shares of the business services provider’s stock worth $87,548,000 after purchasing an additional 73,458 shares in the last quarter. Finally, 361 Capital LLC bought a new position in Heidrick & Struggles International in the 4th quarter worth $2,271,000. 92.33% of the stock is owned by institutional investors and hedge funds.

HSII traded up $0.61 during midday trading on Thursday, hitting $35.04. 149,900 shares of the company traded hands, compared to its average volume of 151,962. The stock has a market capitalization of $661.87 million, a P/E ratio of 13.90, a P/E/G ratio of 1.00 and a beta of 1.36. Heidrick & Struggles International, Inc. has a 52 week low of $28.25 and a 52 week high of $45.28.

Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings data on Monday, April 29th. The business services provider reported $0.62 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.08. Heidrick & Struggles International had a net margin of 6.85% and a return on equity of 19.84%. The firm had revenue of $171.59 million for the quarter, compared to analysts’ expectations of $170.58 million. Research analysts forecast that Heidrick & Struggles International, Inc. will post 2.62 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Stockholders of record on Friday, May 10th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.71%. The ex-dividend date is Thursday, May 9th. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 23.81%.

HSII has been the subject of several research reports. BidaskClub lowered shares of Heidrick & Struggles International from a “sell” rating to a “strong sell” rating in a report on Thursday, January 24th. Barrington Research upped their target price on shares of Heidrick & Struggles International to $51.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 27th. Credit Suisse Group upped their target price on shares of Heidrick & Struggles International from $35.00 to $38.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 26th. TheStreet raised shares of Heidrick & Struggles International from a “c+” rating to a “b-” rating in a research report on Tuesday, January 15th. Finally, Zacks Investment Research raised shares of Heidrick & Struggles International from a “hold” rating to a “strong-buy” rating and set a $50.00 price objective on the stock in a research report on Friday, March 1st. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $42.33.

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Heidrick & Struggles International Profile

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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Institutional Ownership by Quarter for Heidrick & Struggles International (NASDAQ:HSII)

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