Heidrick & Struggles International, Inc. (NASDAQ:HSII) Sees Significant Decrease in Short Interest

Heidrick & Struggles International, Inc. (NASDAQ:HSII) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 460,300 shares, a decline of 5.1% from the December 31st total of 484,900 shares. Based on an average trading volume of 142,100 shares, the short-interest ratio is currently 3.2 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Quest Partners LLC acquired a new stake in shares of Heidrick & Struggles International in the 3rd quarter valued at approximately $30,000. Gladius Capital Management LP acquired a new position in Heidrick & Struggles International during the third quarter worth $31,000. Quantbot Technologies LP acquired a new stake in Heidrick & Struggles International in the third quarter valued at $33,000. Quarry LP acquired a new stake in Heidrick & Struggles International in the second quarter valued at $44,000. Finally, Orion Portfolio Solutions LLC bought a new position in shares of Heidrick & Struggles International in the 3rd quarter valued at about $207,000. 90.13% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on HSII. Barrington Research boosted their price objective on Heidrick & Struggles International from $44.00 to $50.00 and gave the company an “outperform” rating in a research report on Monday, December 2nd. Truist Financial reiterated a “hold” rating and set a $42.00 target price (up previously from $40.00) on shares of Heidrick & Struggles International in a report on Wednesday, December 4th. Finally, StockNews.com upgraded Heidrick & Struggles International from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th.

Heidrick & Struggles International Stock Down 0.8 %

HSII traded down $0.36 during trading hours on Monday, hitting $46.13. 85,630 shares of the company’s stock were exchanged, compared to its average volume of 106,401. Heidrick & Struggles International has a 1-year low of $28.51 and a 1-year high of $49.02. The stock’s 50-day moving average is $45.32 and its two-hundred day moving average is $41.11. The stock has a market cap of $941.47 million, a price-to-earnings ratio of 24.94, a PEG ratio of 1.00 and a beta of 0.88.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings data on Monday, November 4th. The business services provider reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.04. The company had revenue of $282.82 million during the quarter, compared to the consensus estimate of $267.65 million. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. During the same period in the prior year, the business posted $0.73 EPS. On average, equities research analysts anticipate that Heidrick & Struggles International will post 2.68 EPS for the current year.

About Heidrick & Struggles International

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.