California State Teachers Retirement System reduced its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 10.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,524 shares of the business services provider’s stock after selling 3,600 shares during the period. California State Teachers Retirement System owned 0.17% of Heidrick & Struggles International worth $707,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. BNP Paribas Arbitrage SA grew its stake in Heidrick & Struggles International by 49.8% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,449 shares of the business services provider’s stock worth $162,000 after acquiring an additional 2,477 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in Heidrick & Struggles International by 22.3% in the 2nd quarter. PNC Financial Services Group Inc. now owns 8,763 shares of the business services provider’s stock worth $192,000 after acquiring an additional 1,599 shares in the last quarter. Citadel Advisors LLC bought a new position in Heidrick & Struggles International in the 2nd quarter worth about $204,000. AXA bought a new position in shares of Heidrick & Struggles International during the second quarter valued at approximately $237,000. Finally, Alliancebernstein L.P. boosted its stake in shares of Heidrick & Struggles International by 7.1% during the second quarter. Alliancebernstein L.P. now owns 12,000 shares of the business services provider’s stock valued at $261,000 after purchasing an additional 800 shares in the last quarter. Institutional investors and hedge funds own 82.82% of the company’s stock.

Heidrick & Struggles International, Inc. (HSII) opened at $24.45 on Friday. Heidrick & Struggles International, Inc. has a one year low of $17.90 and a one year high of $27.10. The stock has a market cap of $469.65, a P/E ratio of 21.19, a PEG ratio of 1.29 and a beta of 1.64.

Heidrick & Struggles International (NASDAQ:HSII) last released its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.43 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate 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 firm had revenue of $159.80 million for the quarter, compared to the consensus estimate of $152.78 million. During the same period last year, the firm earned $0.37 earnings per share. The company’s quarterly revenue was up 11.4% on a year-over-year basis. equities analysts expect that Heidrick & Struggles International, Inc. will post 1.29 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 17th. Stockholders of record on Friday, November 3rd were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, November 2nd. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.13%. Heidrick & Struggles International’s dividend payout ratio is presently -108.33%.

A number of research firms have recently issued reports on HSII. Zacks Investment Research upgraded shares of Heidrick & Struggles International from a “hold” rating to a “strong-buy” rating and set a $28.00 price objective on the stock in a research note on Monday, October 30th. SunTrust Banks reiterated a “hold” rating and set a $23.00 price objective on shares of Heidrick & Struggles International in a research note on Friday, October 20th. One 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. The stock presently has an average rating of “Hold” and an average target price of $25.33.

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Heidrick & Struggles International 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).

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

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