Heidrick & Struggles (NASDAQ:HSII)’s share price hit a new 52-week high and low during mid-day trading on Thursday . The stock traded as low as $32.85 and last traded at $32.50, with a volume of 44318 shares changing hands. The stock had previously closed at $32.25.

Several brokerages recently issued reports on HSII. BidaskClub raised shares of Heidrick & Struggles from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, March 21st. Zacks Investment Research downgraded shares of Heidrick & Struggles from a “buy” rating to a “hold” rating in a research note on Thursday, March 8th. Five investment analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $25.33.

The company has a market cap of $609.56, a PE ratio of 29.40, a P/E/G ratio of 1.56 and a beta of 1.41.

Heidrick & Struggles (NASDAQ:HSII) last announced its quarterly earnings data on Monday, February 26th. The business services provider reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.17). The firm had revenue of $169.38 million for the quarter, compared to analysts’ expectations of $156.62 million. Heidrick & Struggles had a negative net margin of 7.60% and a positive return on equity of 8.65%. The business’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.23 EPS. sell-side analysts expect that Heidrick & Struggles will post 1.54 EPS for the current year.

Hedge funds have recently modified their holdings of the stock. Spark Investment Management LLC acquired a new position in Heidrick & Struggles during the fourth quarter worth approximately $1,833,000. Acadian Asset Management LLC increased its position in Heidrick & Struggles by 22.6% during the fourth quarter. Acadian Asset Management LLC now owns 153,220 shares of the business services provider’s stock worth $3,762,000 after purchasing an additional 28,203 shares during the last quarter. Assenagon Asset Management S.A. acquired a new position in Heidrick & Struggles during the fourth quarter worth approximately $1,465,000. Dimensional Fund Advisors LP increased its position in Heidrick & Struggles by 3.5% during the third quarter. Dimensional Fund Advisors LP now owns 1,427,277 shares of the business services provider’s stock worth $30,187,000 after purchasing an additional 48,761 shares during the last quarter. Finally, Paradice Investment Management LLC increased its position in Heidrick & Struggles by 1.4% during the fourth quarter. Paradice Investment Management LLC now owns 960,176 shares of the business services provider’s stock worth $23,572,000 after purchasing an additional 13,348 shares during the last quarter. 83.58% of the stock is owned by hedge funds and other institutional investors.

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Heidrick & Struggles 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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