Robeco Institutional Asset Management B.V. Makes New $235,000 Investment in Barrett Business Services, Inc. (NASDAQ:BBSI)
Robeco Institutional Asset Administration B.V. procured a new place in Barrett Small business Expert services, Inc. (NASDAQ:BBSI – Get Rating) through the third quarter, in accordance to its most current disclosure with the Securities and Trade Commission. The fund purchased 3,017 shares of the business enterprise providers provider’s stock, valued at about $235,000.
A number of other big investors have also purchased and offered shares of BBSI. Captrust Financial Advisors greater its stake in shares of Barrett Enterprise Expert services by 1.4{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9} throughout the initial quarter. Captrust Economic Advisors now owns 11,904 shares of the small business solutions provider’s inventory valued at $926,000 just after getting an extra 170 shares through the period. Lazard Asset Management LLC boosted its posture in shares of Barrett Small business Solutions by 26.9{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9} during the initially quarter. Lazard Asset Administration LLC now owns 1,029 shares of the company services provider’s inventory valued at $79,000 after purchasing an additional 218 shares in the final quarter. Authorized & Basic Team Plc boosted its position in shares of Barrett Company Companies by 8.3{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9} all through the next quarter. Authorized & Standard Team Plc now owns 3,348 shares of the organization expert services provider’s inventory valued at $244,000 soon after purchasing an added 256 shares in the last quarter. Dorsey Wright & Associates acquired a new stake in shares of Barrett Enterprise Services during the second quarter valued at somewhere around $36,000. At last, PNC Financial Companies Group Inc. boosted its posture in shares of Barrett Business enterprise Services by 4,307.1{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9} all through the initial quarter. PNC Monetary Providers Group Inc. now owns 617 shares of the business companies provider’s stock valued at $49,000 immediately after paying for an supplemental 603 shares in the very last quarter. 86.40{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9} of the inventory is owned by hedge money and other institutional investors.
Wall Road Analyst Weigh In
Independently, StockNews.com lifted Barrett Company Solutions from a “invest in” ranking to a “sturdy-buy” rating in a report on Friday, November 4th.
Barrett Business Solutions Price tag Performance
BBSI stock opened at $97.53 on Friday. Barrett Business enterprise Companies, Inc. has a 1-year lower of $57.76 and a 1-calendar year significant of $100.79. The small business has a fifty day transferring common price tag of $95.32 and a 200-working day transferring average price tag of $85.70. The inventory has a marketplace capitalization of $678.81 million, a P/E ratio of 15.31, a P/E/G ratio of .96 and a beta of 1.31.
Barrett Business enterprise Expert services (NASDAQ:BBSI – Get Score) previous posted its quarterly earnings benefits on Wednesday, November 2nd. The business providers service provider noted $2.45 earnings for each share for the quarter, topping the consensus estimate of $2.17 by $.28. Barrett Enterprise Solutions had a return on fairness of 25.05{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9} and a internet margin of 4.46{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9}. The company experienced revenue of $1.91 billion all through the quarter, as opposed to analysts’ expectations of $1.87 billion. As a team, analysts foresee that Barrett Organization Services, Inc. will submit 6.55 earnings for each share for the present-day year.
Barrett Business Services Announces Dividend
The business also recently declared a quarterly dividend, which was compensated on Friday, December 2nd. Stockholders of report on Friday, November 18th were being paid out a $.30 dividend. This signifies a $1.20 annualized dividend and a dividend generate of 1.23{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9}. The ex-dividend date of this dividend was Thursday, November 17th. Barrett Enterprise Services’s dividend payout ratio is currently 18.84{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9}.
Barrett Small business Services Profile
Barrett Small business Companies, Inc supplies business management answers for smaller and mid-sized businesses in the United States. The company develops a administration platform that integrates a know-how-based solution from the administration consulting marketplace with equipment from the human resource outsourcing industry.
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