HeadHunter Group PLC (NASDAQ:HHR) Increases Dividend to $0.71 Per Share

HeadHunter Group PLC (NASDAQ:HHR) declared an annual dividend on Thursday, January 13th, Zacks reports. Stockholders of record on Monday, January 24th will be given a dividend of 0.714 per share on Thursday, February 10th. This represents a dividend yield of 1.52%. The ex-dividend date is Friday, January 21st. This is a boost from HeadHunter Group’s previous annual dividend of $0.55.

HeadHunter Group has a dividend payout ratio of 22.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect HeadHunter Group to earn $2.04 per share next year, which means the company should continue to be able to cover its $0.55 annual dividend with an expected future payout ratio of 27.0%.

Shares of NASDAQ HHR opened at $46.92 on Friday. The company has a market cap of $2.38 billion, a PE ratio of 39.76, a P/E/G ratio of 0.49 and a beta of 0.69. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.38. HeadHunter Group has a 12-month low of $27.72 and a 12-month high of $68.18. The stock has a 50 day simple moving average of $53.14 and a 200-day simple moving average of $50.18.

HeadHunter Group (NASDAQ:HHR) last announced its quarterly earnings data on Monday, November 15th. The company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.15. HeadHunter Group had a return on equity of 124.46% and a net margin of 32.41%. The company had revenue of $64.46 million during the quarter. Sell-side analysts forecast that HeadHunter Group will post 1.5 earnings per share for the current fiscal year.

Large investors have recently modified their holdings of the stock. Bank of America Corp DE increased its stake in HeadHunter Group by 405.6% in the 2nd quarter. Bank of America Corp DE now owns 3,312 shares of the company’s stock valued at $140,000 after buying an additional 2,657 shares during the last quarter. UBS Group AG boosted its holdings in shares of HeadHunter Group by 32.2% during the 3rd quarter. UBS Group AG now owns 3,577 shares of the company’s stock worth $175,000 after buying an additional 872 shares during the period. Citadel Advisors LLC boosted its holdings in shares of HeadHunter Group by 8.1% during the 2nd quarter. Citadel Advisors LLC now owns 9,145 shares of the company’s stock worth $387,000 after buying an additional 683 shares during the period. Jane Street Group LLC boosted its holdings in shares of HeadHunter Group by 107.2% during the 3rd quarter. Jane Street Group LLC now owns 20,610 shares of the company’s stock worth $1,006,000 after buying an additional 10,664 shares during the period. Finally, Morgan Stanley boosted its holdings in shares of HeadHunter Group by 523.1% during the 2nd quarter. Morgan Stanley now owns 88,681 shares of the company’s stock worth $3,757,000 after buying an additional 74,449 shares during the period. Institutional investors and hedge funds own 50.25% of the company’s stock.

A number of equities research analysts recently issued reports on HHR shares. Zacks Investment Research cut shares of HeadHunter Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Bank of America upgraded shares of HeadHunter Group from a “neutral” rating to a “buy” rating and upped their price target for the company from $52.00 to $85.00 in a report on Tuesday, November 30th. Credit Suisse Group upped their price target on shares of HeadHunter Group from $58.00 to $71.00 and gave the company an “outperform” rating in a report on Tuesday, November 16th. Finally, UBS Group upgraded shares of HeadHunter Group from a “neutral” rating to a “buy” rating and set a $66.00 target price for the company in a research note on Monday, November 29th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $64.20.

About HeadHunter Group

HeadHunter Group Plc engages in the provision and development of online recruitment platform. It provides both job seekers and employers with a range of human resource value added services. It operates through the Russia and Other segments. The Other segment includes operations in Belarus, Kazakhstan, Estonia, Latvia, Lithuania, Ukraine, and Azerbaijan.

Read More: Euro STOXX 50 Index

Receive News & Ratings for HeadHunter Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HeadHunter Group and related companies with MarketBeat.com's FREE daily email newsletter.