Heidrick & Struggles International (NASDAQ:HSII) Shares Gap Down – Should You Sell?

Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) gapped down before the market opened on Tuesday . The stock had previously closed at $44.90, but opened at $43.51. Heidrick & Struggles International shares last traded at $44.19, with a volume of 8,479 shares trading hands.

Analyst Ratings Changes

Several research firms recently weighed in on HSII. StockNews.com raised Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. Truist Financial reiterated a “hold” rating and set a $40.00 price target (up from $33.00) on shares of Heidrick & Struggles International in a report on Tuesday, November 5th. Finally, Barrington Research restated an “outperform” rating and issued a $44.00 price objective on shares of Heidrick & Struggles International in a research note on Friday, September 20th.

Heidrick & Struggles International Stock Up 0.4 %

The firm has a market capitalization of $918.25 million, a price-to-earnings ratio of 24.32, a P/E/G ratio of 1.05 and a beta of 0.85. The business has a 50-day moving average of $40.02 and a two-hundred day moving average of $36.68.

Heidrick & Struggles International (NASDAQ:HSII) last announced its quarterly earnings data on Monday, November 4th. The business services provider reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.04. The company had revenue of $282.82 million for the quarter, compared to analyst estimates of $267.65 million. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. During the same quarter last year, the firm earned $0.73 EPS. Equities analysts predict that Heidrick & Struggles International, Inc. will post 2.67 EPS for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, November 14th. This represents a $0.60 annualized dividend and a dividend yield of 1.33%. Heidrick & Struggles International’s dividend payout ratio (DPR) is currently 32.43%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP grew its stake in shares of Heidrick & Struggles International by 2.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,376,789 shares of the business services provider’s stock valued at $43,479,000 after purchasing an additional 29,820 shares during the period. Mak Capital One LLC grew its position in Heidrick & Struggles International by 35.2% in the second quarter. Mak Capital One LLC now owns 993,408 shares of the business services provider’s stock valued at $31,372,000 after acquiring an additional 258,583 shares during the period. Pacer Advisors Inc. acquired a new position in Heidrick & Struggles International during the second quarter worth $29,938,000. Systematic Financial Management LP lifted its holdings in shares of Heidrick & Struggles International by 8.4% during the third quarter. Systematic Financial Management LP now owns 554,298 shares of the business services provider’s stock valued at $21,540,000 after acquiring an additional 43,087 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Heidrick & Struggles International by 3.9% during the third quarter. Geode Capital Management LLC now owns 495,513 shares of the business services provider’s stock valued at $19,259,000 after acquiring an additional 18,771 shares during the period. Institutional investors and hedge funds own 90.13% of the company’s stock.

About Heidrick & Struggles International

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, consulting, and on-demand talent services to businesses and business leaders worldwide. It enables its clients to build leadership teams by facilitating the recruitment, management, and development of senior executives.