Principal Financial Group Inc. grew its holdings in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 0.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 142,507 shares of the business services provider’s stock after purchasing an additional 1,263 shares during the period. Principal Financial Group Inc. owned approximately 0.76% of Heidrick & Struggles International worth $3,100,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the company. IndexIQ Advisors LLC acquired a new position in shares of Heidrick & Struggles International during the second quarter valued at $391,000. Paradice Investment Management LLC increased its holdings in shares of Heidrick & Struggles International by 0.7% during the second quarter. Paradice Investment Management LLC now owns 895,690 shares of the business services provider’s stock valued at $19,481,000 after purchasing an additional 6,600 shares during the period. Royce & Associates LP increased its holdings in shares of Heidrick & Struggles International by 107.1% during the second quarter. Royce & Associates LP now owns 1,549,800 shares of the business services provider’s stock valued at $33,708,000 after purchasing an additional 801,336 shares during the period. Chartwell Investment Partners LLC increased its holdings in shares of Heidrick & Struggles International by 5.3% during the second quarter. Chartwell Investment Partners LLC now owns 98,879 shares of the business services provider’s stock valued at $2,151,000 after purchasing an additional 5,000 shares during the period. Finally, KBC Group NV increased its holdings in shares of Heidrick & Struggles International by 34.7% during the second quarter. KBC Group NV now owns 32,146 shares of the business services provider’s stock valued at $699,000 after purchasing an additional 8,286 shares during the period. 84.16% of the stock is currently owned by institutional investors.

A number of brokerages have recently commented on HSII. Zacks Investment Research raised Heidrick & Struggles International from a “sell” rating to a “hold” rating in a report on Wednesday, September 27th. ValuEngine lowered Heidrick & Struggles International from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. BidaskClub lowered Heidrick & Struggles International from a “sell” rating to a “strong sell” rating in a report on Thursday, July 6th. Deutsche Bank AG reissued a “hold” rating and set a $25.00 price target (down from $27.00) on shares of Heidrick & Struggles International in a report on Tuesday, July 25th. Finally, TheStreet lowered Heidrick & Struggles International from a “b” rating to a “c” rating in a report on Monday, July 24th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $25.00.

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Heidrick & Struggles International, Inc. (NASDAQ HSII) opened at 21.75 on Friday. Heidrick & Struggles International, Inc. has a one year low of $17.37 and a one year high of $27.10. The firm’s market capitalization is $408.55 million. The stock’s 50 day moving average price is $19.21 and its 200-day moving average price is $21.47.

Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings results on Monday, July 24th. The business services provider reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.03). Heidrick & Struggles International had a negative net margin of 1.66% and a positive return on equity of 8.25%. The firm had revenue of $152.21 million for the quarter, compared to analyst estimates of $157.01 million. During the same period last year, the company earned $0.35 EPS. The company’s revenue was up 2.3% compared to the same quarter last year. On average, equities research analysts anticipate that Heidrick & Struggles International, Inc. will post ($0.30) earnings per share for the current fiscal year.

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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