Heidrick & Struggles International, Inc. (NASDAQ:HSII) Short Interest Down 8.0% in July

Heidrick & Struggles International, Inc. (NASDAQ:HSII) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totalling 338,700 shares, a decline of 8.0% from the June 30th total of 368,100 shares. Based on an average trading volume of 142,900 shares, the days-to-cover ratio is presently 2.4 days. Currently, 1.8% of the company’s stock are sold short.

Large investors have recently bought and sold shares of the company. Victory Capital Management Inc. bought a new position in shares of Heidrick & Struggles International during the first quarter valued at approximately $160,000. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Heidrick & Struggles International by 12.5% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 81,555 shares of the business services provider’s stock valued at $3,126,000 after purchasing an additional 9,050 shares during the last quarter. James Investment Research Inc. grew its holdings in shares of Heidrick & Struggles International by 2.1% during the first quarter. James Investment Research Inc. now owns 18,580 shares of the business services provider’s stock valued at $712,000 after purchasing an additional 375 shares during the last quarter. WINTON GROUP Ltd bought a new position in shares of Heidrick & Struggles International during the second quarter valued at approximately $711,000. Finally, Convergence Investment Partners LLC bought a new position in shares of Heidrick & Struggles International during the second quarter valued at approximately $194,000. 91.55% of the stock is owned by institutional investors.

Several research analysts recently commented on the company. BidaskClub cut Heidrick & Struggles International from a “sell” rating to a “strong sell” rating in a research note on Saturday, May 18th. ValuEngine cut Heidrick & Struggles International from a “hold” rating to a “sell” rating in a research note on Tuesday, April 30th. Finally, Zacks Investment Research upgraded Heidrick & Struggles International from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $42.33.

NASDAQ HSII remained flat at $$26.70 on Thursday. The company’s stock had a trading volume of 80,600 shares, compared to its average volume of 146,126. The company has a fifty day moving average price of $29.33 and a 200-day moving average price of $34.43. Heidrick & Struggles International has a 12-month low of $26.58 and a 12-month high of $45.28. The stock has a market capitalization of $527.08 million, a P/E ratio of 10.60, a P/E/G ratio of 1.06 and a beta of 1.36. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.49 and a quick ratio of 1.49.

Heidrick & Struggles International (NASDAQ:HSII) last announced its quarterly earnings data on Monday, July 29th. The business services provider reported $0.73 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.12. Heidrick & Struggles International had a return on equity of 19.96% and a net margin of 7.32%. The firm had revenue of $173.12 million for the quarter, compared to analysts’ expectations of $177.92 million. During the same quarter in the prior year, the firm posted $0.59 earnings per share. Research analysts expect that Heidrick & Struggles International will post 2.61 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, August 23rd. Stockholders of record on Friday, August 9th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend is Thursday, August 8th. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 23.81%.

Heidrick & Struggles International Company Profile

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search and consulting services 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 development of senior executives.

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