Sidoti initiated coverage on shares of Heidrick & Struggles International (NASDAQ:HSII) in a report released on Monday morning, The Fly reports. The firm issued a buy rating on the business services provider’s stock.

Other equities analysts also recently issued reports about the stock. BidaskClub downgraded shares of Heidrick & Struggles International from a hold rating to a sell rating in a report on Saturday. ValuEngine upgraded shares of Heidrick & Struggles International from a sell rating to a hold rating in a report on Wednesday, October 30th. Credit Suisse Group dropped their target price on shares of Heidrick & Struggles International from $35.00 to $31.00 and set a neutral rating for the company in a report on Tuesday, October 29th. Finally, Zacks Investment Research upgraded shares of Heidrick & Struggles International from a hold rating to a buy rating and set a $31.00 target price for the company in a report on Thursday, October 31st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of $37.67.

NASDAQ:HSII traded up $0.11 during mid-day trading on Monday, hitting $30.26. 137,888 shares of the company’s stock traded hands, compared to its average volume of 132,490. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.43 and a current ratio of 1.43. The firm’s 50 day simple moving average is $27.70 and its 200 day simple moving average is $29.38. Heidrick & Struggles International has a 1 year low of $23.55 and a 1 year high of $44.66. The company has a market cap of $564.18 million, a PE ratio of 12.01, a price-to-earnings-growth ratio of 1.12 and a beta of 1.34.

Heidrick & Struggles International (NASDAQ:HSII) last posted its earnings results on Monday, October 28th. The business services provider reported $0.70 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.68 by $0.02. Heidrick & Struggles International had a net margin of 6.49% and a return on equity of 18.20%. The firm had revenue of $186.52 million during the quarter, compared to the consensus estimate of $179.13 million. On average, research analysts expect that Heidrick & Struggles International will post 2.63 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Friday, November 8th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.98%. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 23.81%.

Hedge funds and other institutional investors have recently modified their holdings of the company. Point72 Hong Kong Ltd grew its holdings in shares of Heidrick & Struggles International by 1,019.8% during the second quarter. Point72 Hong Kong Ltd now owns 1,355 shares of the business services provider’s stock worth $41,000 after buying an additional 1,234 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of Heidrick & Struggles International by 250.8% during the second quarter. Bank of Montreal Can now owns 2,231 shares of the business services provider’s stock worth $67,000 after buying an additional 1,595 shares in the last quarter. Quantamental Technologies LLC grew its holdings in shares of Heidrick & Struggles International by 38.3% during the second quarter. Quantamental Technologies LLC now owns 2,506 shares of the business services provider’s stock worth $75,000 after buying an additional 694 shares in the last quarter. Convergence Investment Partners LLC purchased a new stake in shares of Heidrick & Struggles International during the second quarter worth about $194,000. Finally, Brinker Capital Inc. grew its holdings in shares of Heidrick & Struggles International by 10.1% during the third quarter. Brinker Capital Inc. now owns 8,350 shares of the business services provider’s stock worth $228,000 after buying an additional 765 shares in the last quarter. Institutional investors and hedge funds own 91.44% of the company’s stock.

Heidrick & Struggles International Company Profile

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search and consulting services 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 development of senior executives.

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