Teacher Retirement System of Texas Has $2.76 Million Stock Holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Teacher Retirement System of Texas lifted its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 180.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 62,190 shares of the business services provider’s stock after buying an additional 40,010 shares during the quarter. Teacher Retirement System of Texas owned about 0.30% of Heidrick & Struggles International worth $2,756,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Quest Partners LLC bought a new stake in shares of Heidrick & Struggles International during the third quarter valued at approximately $30,000. Quantbot Technologies LP acquired a new stake in shares of Heidrick & Struggles International in the 3rd quarter valued at $33,000. Orion Portfolio Solutions LLC bought a new stake in shares of Heidrick & Struggles International during the third quarter worth $207,000. HighTower Advisors LLC acquired a new position in shares of Heidrick & Struggles International during the third quarter valued at $212,000. Finally, Intech Investment Management LLC bought a new position in Heidrick & Struggles International in the third quarter valued at about $261,000. Institutional investors own 90.13% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on HSII shares. Barrington Research boosted their price objective on Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an “outperform” rating in a report on Wednesday, March 5th. Truist Financial reaffirmed a “hold” rating and issued a $42.00 price objective (up from $40.00) on shares of Heidrick & Struggles International in a research note on Wednesday, December 4th.

Insider Activity at Heidrick & Struggles International

In other news, CEO Thomas L. Monahan purchased 5,000 shares of Heidrick & Struggles International stock in a transaction dated Thursday, March 6th. The shares were bought at an average cost of $45.55 per share, with a total value of $227,750.00. Following the completion of the transaction, the chief executive officer now directly owns 144,834 shares in the company, valued at $6,597,188.70. This trade represents a 3.58 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.30% of the company’s stock.

Heidrick & Struggles International Trading Down 0.5 %

Shares of HSII opened at $43.92 on Wednesday. The stock has a market cap of $896.41 million, a P/E ratio of 23.74, a price-to-earnings-growth ratio of 0.91 and a beta of 0.80. Heidrick & Struggles International, Inc. has a 1 year low of $29.03 and a 1 year high of $49.02. The stock’s 50-day moving average price is $44.35 and its two-hundred day moving average price is $42.86.

Heidrick & Struggles International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date of this dividend is Thursday, March 13th. Heidrick & Struggles International’s dividend payout ratio is currently 150.00%.

Heidrick & Struggles International Company Profile

Heidrick & Struggles International, Inc engages in provision of leadership consulting, culture shaping and senior-level executive search services. It offers its clients build leadership teams through facilitating the recruitment, management and deployment of senior executives. It operates under the following segments: Americas, Europe, Asia Pacific, Heidrick Consulting, and On Demand Talent Business.