Assenagon Asset Management S.A. boosted its holdings in shares of Barrett Business Expert services, Inc. (NASDAQ:BBSI – Get Rating) by 129.2{194d821e0dc8d10be69d2d4a52551aeafc2dee4011c6c9faa8f16ae7103581f6} in the fourth quarter, in accordance to the firm in its most the latest 13F filing with the Securities and Exchange Fee (SEC). The firm owned 42,148 shares of the organization products and services provider’s inventory immediately after attaining an supplemental 23,758 shares all through the period. Assenagon Asset Administration S.A. owned .61{194d821e0dc8d10be69d2d4a52551aeafc2dee4011c6c9faa8f16ae7103581f6} of Barrett Organization Solutions well worth $3,932,000 at the stop of the most modern reporting interval.
→ Urgent Warning (From Weiss Scores)
Other large investors also not long ago purchased and sold shares of the company. Continental Buyers Products and services Inc. bought a new posture in Barrett Business enterprise Companies throughout the 3rd quarter valued at about $7,361,000. Cullen Cash Administration LLC raised its holdings in Barrett Enterprise Services by 5.2{194d821e0dc8d10be69d2d4a52551aeafc2dee4011c6c9faa8f16ae7103581f6} in the third quarter. Cullen Funds Management LLC now owns 14,263 shares of the organization expert services provider’s stock well worth $1,113,000 after shopping for an more 702 shares through the final quarter. Grantham Mayo Van Otterloo & Co. LLC acquired a new placement in Barrett Business Providers in the 2nd quarter truly worth about $255,000. Unison Advisors LLC raised its holdings in Barrett Small business Companies by 32.{194d821e0dc8d10be69d2d4a52551aeafc2dee4011c6c9faa8f16ae7103581f6} in the third quarter. Unison Advisors LLC now owns 8,111 shares of the enterprise products and services provider’s inventory well worth $632,000 just after purchasing an more 1,968 shares all through the last quarter. Finally, Ellsworth Advisors LLC procured a new placement in Barrett Organization Companies in the third quarter well worth about $366,000. 86.40{194d821e0dc8d10be69d2d4a52551aeafc2dee4011c6c9faa8f16ae7103581f6} of the stock is owned by hedge resources and other institutional investors.
Barrett Company Companies Stock Up .3 {194d821e0dc8d10be69d2d4a52551aeafc2dee4011c6c9faa8f16ae7103581f6}
BBSI opened at $86.46 on Friday. The business has a 50 day moving regular price of $94.04 and a 200-working day moving normal cost of $90.80. Barrett Enterprise Expert services, Inc. has a twelve month reduced of $65.93 and a twelve thirty day period superior of $100.85. The inventory has a marketplace capitalization of $594.84 million, a price-to-earnings ratio of 13.08, a PEG ratio of .87 and a beta of 1.34.
Barrett Business enterprise Companies Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be compensated on Friday, March 31st. Stockholders of file on Friday, March 17th will be issued a dividend of $.30 for every share. The ex-dividend date is Thursday, March 16th. This represents a $1.20 annualized dividend and a dividend generate of 1.39{194d821e0dc8d10be69d2d4a52551aeafc2dee4011c6c9faa8f16ae7103581f6}. Barrett Business enterprise Services’s payout ratio is 18.15{194d821e0dc8d10be69d2d4a52551aeafc2dee4011c6c9faa8f16ae7103581f6}.
Wall Avenue Analyst Weigh In
Various study analysts have issued reviews on the inventory. StockNews.com assumed coverage on shares of Barrett Company Expert services in a report on Thursday, March 16th. They issued a “get” rating for the business. Barrington Study lifted their target cost on shares of Barrett Enterprise Providers from $102.00 to $104.00 in a report on Friday, March 3rd. Four study analysts have rated the stock with a purchase score, According to info from MarketBeat.com, the company presently has an ordinary rating of “Obtain” and a consensus concentrate on cost of $100.50.
About Barrett Business Providers
Barrett Company Providers, Inc engages in the provision of organization administration answers for smaller and mid-sized firms. It develops a management platform that integrates a understanding-based mostly solution from the management consulting sector with applications from the human source outsourcing field. It focuses on professional businesses, and staffing and recruiting products and services.
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Want to see what other hedge cash are keeping BBSI? Check out HoldingsChannel.com to get the most up-to-date 13F filings and insider trades for Barrett Business enterprise Expert services, Inc. (NASDAQ:BBSI – Get Score).
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