Heidrick & Struggles International, Inc. (HSII) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. trimmed its holdings in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 64.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 95,615 shares of the business services provider’s stock after selling 174,825 shares during the quarter. JPMorgan Chase & Co.’s holdings in Heidrick & Struggles International were worth $1,984,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. BNP Paribas Arbitrage SA increased its position in Heidrick & Struggles International by 49.8% in the second quarter. BNP Paribas Arbitrage SA now owns 7,449 shares of the business services provider’s stock worth $162,000 after buying an additional 2,477 shares during the last quarter. PNC Financial Services Group Inc. increased its position in Heidrick & Struggles International by 22.3% in the second quarter. PNC Financial Services Group Inc. now owns 8,763 shares of the business services provider’s stock worth $192,000 after buying an additional 1,599 shares during the last quarter. Citadel Advisors LLC purchased a new stake in Heidrick & Struggles International in the second quarter worth $204,000. AXA purchased a new stake in Heidrick & Struggles International in the second quarter worth $237,000. Finally, Alliancebernstein L.P. increased its position in Heidrick & Struggles International by 7.1% in the second quarter. Alliancebernstein L.P. now owns 12,000 shares of the business services provider’s stock worth $261,000 after buying an additional 800 shares during the last quarter. 82.77% of the stock is owned by institutional investors.

A number of analysts have issued reports on HSII shares. Zacks Investment Research raised Heidrick & Struggles International from a “hold” rating to a “strong-buy” rating and set a $28.00 target price for the company in a research report on Monday, October 30th. SunTrust Banks reiterated a “hold” rating and issued a $23.00 price target on shares of Heidrick & Struggles International in a research report on Friday, October 20th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $25.33.

Heidrick & Struggles International, Inc. (HSII) opened at $24.65 on Tuesday. The firm has a market capitalization of $466.83, a price-to-earnings ratio of -51.35, a PEG ratio of 1.28 and a beta of 1.64. Heidrick & Struggles International, Inc. has a 52-week low of $17.90 and a 52-week high of $27.10.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.43 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.09. The company had revenue of $159.80 million during the quarter, compared to analyst estimates of $152.78 million. Heidrick & Struggles International had a positive return on equity of 8.85% and a negative net margin of 1.42%. The firm’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the company earned $0.37 earnings per share. analysts expect that Heidrick & Struggles International, Inc. will post 1.29 EPS for the current fiscal year.

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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).

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

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