MetLife Investment Advisors LLC Trims Stock Position in Heidrick & Struggles International, Inc. (NASDAQ:HSII)

MetLife Investment Advisors LLC trimmed its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII) by 24.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,257 shares of the business services provider’s stock after selling 2,377 shares during the period. MetLife Investment Advisors LLC’s holdings in Heidrick & Struggles International were worth $278,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HSII. Victory Capital Management Inc. purchased a new position in Heidrick & Struggles International in the 1st quarter valued at about $160,000. Rhumbline Advisers boosted its position in shares of Heidrick & Struggles International by 20.6% during the 4th quarter. Rhumbline Advisers now owns 53,724 shares of the business services provider’s stock worth $1,676,000 after purchasing an additional 9,169 shares during the period. D. E. Shaw & Co. Inc. boosted its position in shares of Heidrick & Struggles International by 0.6% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 194,794 shares of the business services provider’s stock worth $6,075,000 after purchasing an additional 1,152 shares during the period. Royce & Associates LP boosted its position in shares of Heidrick & Struggles International by 28.4% during the 4th quarter. Royce & Associates LP now owns 657,195 shares of the business services provider’s stock worth $20,498,000 after purchasing an additional 145,433 shares during the period. Finally, Texas Permanent School Fund boosted its position in Heidrick & Struggles International by 4.0% in the 4th quarter. Texas Permanent School Fund now owns 12,407 shares of the business services provider’s stock valued at $387,000 after buying an additional 478 shares during the period. 90.86% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ HSII traded up $0.15 during trading on Thursday, reaching $30.07. The company’s stock had a trading volume of 46,478 shares, compared to its average volume of 149,956. The firm has a market capitalization of $575.45 million, a price-to-earnings ratio of 11.93, a price-to-earnings-growth ratio of 0.87 and a beta of 1.35. Heidrick & Struggles International, Inc. has a twelve month low of $28.25 and a twelve month high of $45.28. The business’s fifty day moving average is $30.82.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings data on Monday, April 29th. The business services provider reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.08. The company had revenue of $171.59 million for the quarter, compared to analyst estimates of $170.58 million. Heidrick & Struggles International had a net margin of 6.85% and a return on equity of 19.84%. As a group, equities research analysts forecast that Heidrick & Struggles International, Inc. will post 2.57 EPS for the current year.

HSII has been the subject of several recent analyst reports. ValuEngine raised shares of Zynerba Pharmaceuticals from a “hold” rating to a “buy” rating in a research report on Tuesday, April 30th. BidaskClub upgraded shares of Zynerba Pharmaceuticals from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 18th. Finally, Zacks Investment Research lowered shares of H&E Equipment Services from a “hold” rating to a “sell” rating in a research note on Wednesday. Three analysts have rated the stock with a sell rating, one has issued a hold rating and one has issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $42.33.

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

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