Trexquant Investment LP Takes Position in Heidrick & Struggles International, Inc. (HSII)

Trexquant Investment LP purchased a new position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 10,559 shares of the business services provider’s stock, valued at approximately $357,000. Trexquant Investment LP owned 0.06% of Heidrick & Struggles International as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of HSII. Renaissance Technologies LLC raised its stake in Heidrick & Struggles International by 24.9% during the second quarter. Renaissance Technologies LLC now owns 1,467,239 shares of the business services provider’s stock worth $51,353,000 after purchasing an additional 292,839 shares during the period. WINTON GROUP Ltd purchased a new position in shares of Heidrick & Struggles International in the 2nd quarter valued at $9,475,000. BlackRock Inc. raised its stake in shares of Heidrick & Struggles International by 8.4% in the 2nd quarter. BlackRock Inc. now owns 2,662,561 shares of the business services provider’s stock valued at $93,189,000 after acquiring an additional 205,788 shares during the period. American Century Companies Inc. raised its stake in shares of Heidrick & Struggles International by 474.4% in the 2nd quarter. American Century Companies Inc. now owns 175,475 shares of the business services provider’s stock valued at $6,142,000 after acquiring an additional 144,927 shares during the period. Finally, Assenagon Asset Management S.A. purchased a new position in shares of Heidrick & Struggles International in the 3rd quarter valued at $2,720,000. 91.83% of the stock is currently owned by institutional investors.

A number of brokerages have recently commented on HSII. BidaskClub raised shares of Heidrick & Struggles International from a “sell” rating to a “hold” rating in a research note on Friday, August 24th. Credit Suisse Group began coverage on shares of Heidrick & Struggles International in a research note on Friday, August 10th. They issued a “neutral” rating and a $40.00 target price on the stock. ValuEngine raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Wednesday, October 31st. Zacks Investment Research raised shares of Heidrick & Struggles International from a “hold” rating to a “strong-buy” rating and set a $42.00 target price on the stock in a research note on Thursday, November 1st. Finally, Barrington Research set a $45.00 target price on shares of Heidrick & Struggles International and gave the company a “buy” rating in a research note on Monday, November 5th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Heidrick & Struggles International presently has a consensus rating of “Buy” and an average price target of $40.50.

Shares of HSII stock opened at $31.99 on Friday. Heidrick & Struggles International, Inc. has a 52 week low of $20.95 and a 52 week high of $45.28. The firm has a market capitalization of $616.16 million, a PE ratio of 15.33, a price-to-earnings-growth ratio of 1.01 and a beta of 1.54.

Heidrick & Struggles International (NASDAQ:HSII) last released its quarterly earnings results on Monday, October 29th. The business services provider reported $0.85 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.37. Heidrick & Struggles International had a negative net margin of 0.15% and a positive return on equity of 17.49%. The firm had revenue of $192.34 million for the quarter, compared to the consensus estimate of $175.81 million. As a group, sell-side analysts forecast that Heidrick & Struggles International, Inc. will post 2.38 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, November 23rd. Investors of record on Friday, November 9th were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 1.63%. The ex-dividend date of this dividend was Thursday, November 8th. Heidrick & Struggles International’s dividend payout ratio (DPR) is 47.71%.

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Heidrick & Struggles International Company Profile

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, culture shaping, and leadership consulting services on a retained basis 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 deployment of senior executives.

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

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