Heidrick & Struggles International, Inc. (NASDAQ:HSII) Short Interest Update

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 daily trading volume, of 142,900 shares, the days-to-cover ratio is presently 2.4 days. Approximately 1.8% of the shares of the company are sold short.

Shares of NASDAQ HSII traded up $0.75 during trading hours on Friday, reaching $27.45. The stock had a trading volume of 69,431 shares, compared to its average volume of 145,641. The business’s fifty day moving average is $29.29 and its two-hundred day moving average is $34.40. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.49 and a quick ratio of 1.49. The company has a market cap of $527.66 million, a price-to-earnings ratio of 10.89, a PEG ratio of 1.06 and a beta of 1.36. Heidrick & Struggles International has a twelve month low of $26.58 and a twelve month high of $45.28.

Heidrick & Struggles International (NASDAQ:HSII) last issued its earnings results on Monday, July 29th. The business services provider reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.12. The business had revenue of $173.12 million during the quarter, compared to analyst estimates 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 period in the prior year, the company posted $0.59 earnings per share. Sell-side analysts forecast that Heidrick & Struggles International will post 2.61 earnings per share for the current fiscal year.



The company also recently announced a quarterly dividend, which will be paid on Friday, August 23rd. Investors of record on Friday, August 9th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Thursday, August 8th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.19%. Heidrick & Struggles International’s payout ratio is 23.81%.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Victory Capital Management Inc. acquired a new position in shares of Heidrick & Struggles International in the first quarter valued at $160,000. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Heidrick & Struggles International by 12.5% in 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 in the last quarter. James Investment Research Inc. raised its stake in shares of Heidrick & Struggles International by 2.1% in 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 in the last quarter. WINTON GROUP Ltd acquired a new position in Heidrick & Struggles International during the second quarter worth $711,000. Finally, Convergence Investment Partners LLC acquired a new position in Heidrick & Struggles International during the second quarter worth $194,000. Institutional investors and hedge funds own 91.55% of the company’s stock.

About Heidrick & Struggles International

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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