Heidrick & Struggles International, Inc. (NASDAQ:HSII) saw a significant decline in short interest during the month of 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 shares of the stock are sold short.

A number of research firms have recently weighed in on HSII. ValuEngine cut Heidrick & Struggles International from a “hold” rating to a “sell” rating in a report on Tuesday, April 30th. BidaskClub cut Heidrick & Struggles International from a “sell” rating to a “strong sell” rating in a report on Saturday, May 18th. Finally, Zacks Investment Research raised Heidrick & Struggles International from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $42.33.

Shares of NASDAQ:HSII remained flat at $$26.70 during midday trading on Thursday. The stock had a trading volume of 80,600 shares, compared to its average volume of 146,126. The firm has a market cap of $527.08 million, a price-to-earnings ratio of 10.60, a price-to-earnings-growth ratio of 1.06 and a beta of 1.36. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 1.49. Heidrick & Struggles International has a twelve month low of $26.58 and a twelve month high of $45.28. The company’s 50-day moving average is $29.33 and its 200 day moving average is $34.43.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 23rd. Stockholders of record on Friday, August 9th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis 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 is currently 23.81%.

Several large investors have recently made changes to their positions in HSII. BlackRock Inc. grew its position in Heidrick & Struggles International by 1.2% during the second quarter. BlackRock Inc. now owns 2,849,255 shares of the business services provider’s stock valued at $85,392,000 after acquiring an additional 34,675 shares during the period. Renaissance Technologies LLC grew its position in Heidrick & Struggles International by 5.1% during the second quarter. Renaissance Technologies LLC now owns 1,222,502 shares of the business services provider’s stock valued at $36,638,000 after acquiring an additional 59,200 shares during the period. Acadian Asset Management LLC grew its position in Heidrick & Struggles International by 52.4% during the second quarter. Acadian Asset Management LLC now owns 549,765 shares of the business services provider’s stock valued at $16,477,000 after acquiring an additional 189,091 shares during the period. Nuveen Asset Management LLC purchased a new stake in Heidrick & Struggles International during the second quarter valued at about $12,956,000. Finally, AQR Capital Management LLC grew its position in Heidrick & Struggles International by 196.0% during the second quarter. AQR Capital Management LLC now owns 290,813 shares of the business services provider’s stock valued at $8,716,000 after acquiring an additional 192,575 shares during the period. 91.55% of the stock is owned by institutional investors and hedge funds.

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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