Clark Estates Inc. NY acquired a new stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 134,000 shares of the business services provider’s stock, valued at approximately $2,915,000.

Several other large investors have also recently bought and sold shares of the stock. Mason Street Advisors LLC increased its stake in Heidrick & Struggles International by 7.0% in the first quarter. Mason Street Advisors LLC now owns 4,345 shares of the business services provider’s stock valued at $114,000 after buying an additional 284 shares in the last quarter. Hillsdale Investment Management Inc. purchased a new stake in Heidrick & Struggles International during the first quarter valued at about $174,000. PNC Financial Services Group Inc. increased its stake in Heidrick & Struggles International by 2.1% in the first quarter. PNC Financial Services Group Inc. now owns 7,164 shares of the business services provider’s stock valued at $188,000 after buying an additional 147 shares in the last quarter. Louisiana State Employees Retirement System purchased a new stake in Heidrick & Struggles International during the first quarter valued at about $200,000. Finally, Arizona State Retirement System increased its stake in Heidrick & Struggles International by 2.1% in the first quarter. Arizona State Retirement System now owns 9,726 shares of the business services provider’s stock valued at $256,000 after buying an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 82.53% of the company’s stock.

Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) opened at 18.30 on Friday. The firm’s 50-day moving average price is $20.71 and its 200 day moving average price is $22.58. The stock’s market cap is $343.75 million. Heidrick & Struggles International, Inc. has a one year low of $17.37 and a one year high of $27.10.

Heidrick & Struggles International (NASDAQ:HSII) last issued its earnings results on Monday, July 24th. The business services provider reported $0.33 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.36 by $0.03. Heidrick & Struggles International had a negative net margin of 1.66% and a positive return on equity of 8.25%. The firm had revenue of $152.21 million during the quarter, compared to analyst estimates of $157.01 million. During the same quarter in the previous year, the business posted $0.35 EPS. Heidrick & Struggles International’s revenue was up 2.3% compared to the same quarter last year. Equities research analysts expect that Heidrick & Struggles International, Inc. will post ($0.30) EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 18th. Shareholders of record on Friday, August 4th will be given a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 2.83%. The ex-dividend date is Wednesday, August 2nd. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently -96.29%.

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Several equities research analysts recently issued reports on the company. ValuEngine downgraded Heidrick & Struggles International from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. Zacks Investment Research downgraded Heidrick & Struggles International from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 26th. TheStreet downgraded Heidrick & Struggles International from a “b” rating to a “c” rating in a report on Monday, July 24th. Deutsche Bank AG reiterated a “hold” rating and issued a $25.00 price objective (down previously from $27.00) on shares of Heidrick & Struggles International in a report on Tuesday, July 25th. Finally, BidaskClub downgraded Heidrick & Struggles International from a “sell” rating to a “strong sell” rating in a report on Thursday, July 6th. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. Heidrick & Struggles International presently has a consensus rating of “Hold” and an average target price of $25.00.

About Heidrick & Struggles International

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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