New York State Common Retirement Fund Grows Holdings in Heidrick & Struggles International, Inc. (HSII)

New York State Common Retirement Fund boosted its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 17.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,100 shares of the business services provider’s stock after purchasing an additional 3,099 shares during the quarter. New York State Common Retirement Fund owned approximately 0.11% of Heidrick & Struggles International worth $459,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Parametric Portfolio Associates LLC lifted its stake in Heidrick & Struggles International by 0.6% in the first quarter. Parametric Portfolio Associates LLC now owns 57,707 shares of the business services provider’s stock valued at $1,521,000 after buying an additional 344 shares during the last quarter. OppenheimerFunds Inc. lifted its stake in Heidrick & Struggles International by 22.0% in the first quarter. OppenheimerFunds Inc. now owns 17,984 shares of the business services provider’s stock valued at $474,000 after buying an additional 3,238 shares during the last quarter. Principal Financial Group Inc. lifted its stake in Heidrick & Struggles International by 3.6% in the first quarter. Principal Financial Group Inc. now owns 141,244 shares of the business services provider’s stock valued at $3,722,000 after buying an additional 4,964 shares during the last quarter. California Public Employees Retirement System lifted its stake in Heidrick & Struggles International by 14.8% in the first quarter. California Public Employees Retirement System now owns 71,300 shares of the business services provider’s stock valued at $1,879,000 after buying an additional 9,200 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in Heidrick & Struggles International by 2.1% in the first quarter. PNC Financial Services Group Inc. now owns 7,164 shares of the business services provider’s stock valued at $188,000 after buying an additional 147 shares during the last quarter. Institutional investors own 83.51% of the company’s stock.

A number of equities research analysts have issued reports on HSII shares. Barrington Research cut Heidrick & Struggles International from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 26th. SunTrust Banks, Inc. reiterated a “hold” rating and issued a $23.00 target price on shares of Heidrick & Struggles International in a research note on Friday, October 20th. Deutsche Bank AG reiterated a “hold” rating and issued a $25.00 target price (down from $27.00) on shares of Heidrick & Struggles International in a research note on Tuesday, July 25th. TheStreet cut Heidrick & Struggles International from a “b” rating to a “c” rating in a research note on Monday, July 24th. Finally, Zacks Investment Research cut Heidrick & Struggles International from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 26th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a strong buy rating to the company. Heidrick & Struggles International has a consensus rating of “Hold” and an average target price of $25.33.

Shares of Heidrick & Struggles International, Inc. (HSII) opened at $23.90 on Tuesday. The stock has a market capitalization of $448.98, a price-to-earnings ratio of 20.25, a price-to-earnings-growth ratio of 1.32 and a beta of 1.63. Heidrick & Struggles International, Inc. has a one year low of $17.90 and a one year high of $27.10.

Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.09. Heidrick & Struggles International had a negative net margin of 1.42% and a positive return on equity of 8.85%. The business had revenue of $159.80 million for the quarter, compared to analysts’ expectations of $152.78 million. During the same period in the previous year, the business earned $0.37 earnings per share. The company’s revenue was up 11.4% on a year-over-year basis. sell-side analysts expect that Heidrick & Struggles International, Inc. will post 1.2 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 17th. Investors of record on Friday, November 3rd will be paid a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date of this dividend is Thursday, November 2nd. Heidrick & Struggles International’s dividend payout ratio is currently -108.33%.

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Heidrick & Struggles International Company Profile

Heidrick & Struggles International, Inc is an advisory firm providing executive search, leadership consulting and culture shaping services to businesses and business leaders around the world. Its segments include Executive Search, Leadership Consulting and Culture Shaping. It operates its executive search services in three geographic regions: the Americas (which includes the countries in North and South America); Europe (which includes the continents of Europe and Africa), and Asia Pacific (which includes Asia and the region generally known as the Middle East).

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

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