The Algert Global LLC Acquires 36,489 Shares of Heidrick & Struggles International Inc. (HSII)

The Algert Global LLC Acquires 36,489 Shares of Heidrick & Struggles International Inc. (HSII)

Algert Global LLC boosted its stake in shares of Heidrick & Struggles International Inc. (NASDAQ:HSII) by 56.8% during the third quarter, Holdings Channel reports. The firm owned 100,766 shares of the company’s stock after buying an additional 36,489 shares during the period. Algert Global LLC’s holdings in Heidrick & Struggles International were worth $1,869,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Prudential Financial Inc. increased its stake in shares of Heidrick & Struggles International by 20.0% in the first quarter. Prudential Financial Inc. now owns 48,549 shares of the company’s stock valued at $1,151,000 after buying an additional 8,100 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Heidrick & Struggles International by 102.0% in the first quarter. JPMorgan Chase & Co. now owns 311,009 shares of the company’s stock valued at $7,371,000 after buying an additional 157,027 shares during the period. Royce & Associates LP increased its stake in shares of Heidrick & Struggles International by 10.4% in the first quarter. Royce & Associates LP now owns 476,937 shares of the company’s stock valued at $11,303,000 after buying an additional 45,117 shares during the period. BB&T Securities LLC purchased a new stake in shares of Heidrick & Struggles International during the first quarter valued at $475,000. Finally, Goldman Sachs Group Inc. increased its stake in shares of Heidrick & Struggles International by 2.4% in the first quarter. Goldman Sachs Group Inc. now owns 122,947 shares of the company’s stock valued at $2,913,000 after buying an additional 2,884 shares during the period. Institutional investors own 88.12% of the company’s stock.

Heidrick & Struggles International Inc. (NASDAQ:HSII) opened at 19.62 on Thursday. The stock has a market cap of $364.56 million, a PE ratio of 21.80 and a beta of 1.61. Heidrick & Struggles International Inc. has a one year low of $16.23 and a one year high of $30.62. The company’s 50 day moving average is $18.80 and its 200 day moving average is $19.33.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings results on Monday, July 25th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.30 by $0.05. Heidrick & Struggles International had a net margin of 2.88% and a return on equity of 6.84%. The company earned $148.90 million during the quarter, compared to analysts’ expectations of $146.80 million. During the same quarter in the previous year, the business posted $0.27 EPS. The firm’s revenue was up 12.0% on a year-over-year basis. On average, equities research analysts expect that Heidrick & Struggles International Inc. will post $0.99 EPS for the current year.

Several equities research analysts have weighed in on HSII shares. Zacks Investment Research upgraded shares of Heidrick & Struggles International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 29th. Deutsche Bank AG assumed coverage on shares of Heidrick & Struggles International in a report on Wednesday, August 17th. They issued a “hold” rating and a $19.00 price target for the company. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $26.00.

About Heidrick & Struggles International

Heidrick & Struggles International, Inc (Heidrick & Struggles) is an advisory firm providing executive search culture shaping and leadership consulting services to businesses and business leaders across the world. The Company operates its executive search and leadership consulting services in three geographic regions, including the Americas (which include the countries in North and South America), Europe (which includes the continents of Europe and Africa) and Asia Pacific (which includes Asia and the Middle East).

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