Heidrick & Struggles International, Inc. (NASDAQ:HSII) Position Lowered by AQR Capital Management LLC

AQR Capital Management LLC lowered its position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 16.4% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 104,786 shares of the business services provider’s stock after selling 20,626 shares during the period. AQR Capital Management LLC owned 0.56% of Heidrick & Struggles International worth $2,761,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Mason Street Advisors LLC boosted its position in shares of 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 worth $114,000 after buying an additional 284 shares in the last quarter. Hillsdale Investment Management Inc. purchased a new position in Heidrick & Struggles International during the first quarter worth $174,000. PNC Financial Services Group Inc. raised its position 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 worth $188,000 after buying an additional 147 shares during the last quarter. Louisiana State Employees Retirement System purchased a new position in Heidrick & Struggles International during the first quarter worth $200,000. Finally, Thrivent Financial for Lutherans purchased a new position in Heidrick & Struggles International during the fourth quarter worth $242,000. Hedge funds and other institutional investors own 85.34% of the company’s stock.

Heidrick & Struggles International, Inc. (HSII) traded up 1.39% on Friday, hitting $18.30. 67,133 shares of the company were exchanged. The company has a 50 day moving average price of $20.16 and a 200-day moving average price of $22.43. The stock’s market capitalization is $343.75 million. Heidrick & Struggles International, Inc. has a 52 week low of $17.37 and a 52 week high of $27.10.

Heidrick & Struggles International (NASDAQ:HSII) last announced its quarterly earnings data on Monday, July 24th. The business services provider reported $0.33 EPS for the quarter, missing the Thomson Reuters’ 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 for the quarter, compared to analysts’ expectations of $157.01 million. During the same period last year, the company posted $0.35 earnings per share. The business’s revenue for the quarter was up 2.3% compared to the same quarter last year. On average, equities analysts expect that Heidrick & Struggles International, Inc. will post ($0.30) earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 18th. Investors of record on Friday, August 4th were given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 2.84%. The ex-dividend date of this dividend was Wednesday, August 2nd. Heidrick & Struggles International’s dividend payout ratio (DPR) is -96.29%.

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A number of research analysts recently weighed in on the stock. ValuEngine lowered shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. Zacks Investment Research raised shares of Heidrick & Struggles International from a “hold” rating to a “strong-buy” rating and set a $25.00 price target on the stock in a research report on Friday, April 28th. BidaskClub lowered shares of Heidrick & Struggles International from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 6th. Deutsche Bank AG reissued a “hold” rating and set a $25.00 price target (down from $27.00) on shares of Heidrick & Struggles International in a research report on Tuesday, July 25th. Finally, TheStreet lowered shares of Heidrick & Struggles International from a “b” rating to a “c” rating in a research report on Monday, July 24th. Two investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The company currently has an average rating of “Hold” and an average target price of $25.00.

Heidrick & Struggles International Company Profile

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).

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

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