Robeco Institutional Asset Management B.V. Makes New $235,000 Investment in Barrett Business Services, Inc. (NASDAQ:BBSI)
Robeco Institutional Asset Administration B.V. purchased a new posture in Barrett Small business Solutions, Inc. (NASDAQ:BBSI – Get Score) during the third quarter, according to its most new disclosure with the Securities and Exchange Commission. The fund purchased 3,017 shares of the organization products and services provider’s stock, valued at about $235,000.
A range of other big buyers have also bought and sold shares of BBSI. Captrust Economic Advisors improved its stake in shares of Barrett Enterprise Providers by 1.4{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} through the very first quarter. Captrust Economical Advisors now owns 11,904 shares of the enterprise products and services provider’s inventory valued at $926,000 soon after acquiring an supplemental 170 shares in the course of the period. Lazard Asset Administration LLC boosted its position in shares of Barrett Enterprise Companies by 26.9{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} all through the 1st quarter. Lazard Asset Management LLC now owns 1,029 shares of the company solutions provider’s stock valued at $79,000 right after acquiring an additional 218 shares in the very last quarter. Lawful & Common Group Plc boosted its position in shares of Barrett Small business Expert services by 8.3{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} all through the next quarter. Legal & Typical Team Plc now owns 3,348 shares of the business enterprise expert services provider’s inventory valued at $244,000 after obtaining an extra 256 shares in the final quarter. Dorsey Wright & Associates acquired a new stake in shares of Barrett Organization Products and services throughout the next quarter valued at close to $36,000. Finally, PNC Money Providers Team Inc. boosted its placement in shares of Barrett Business Providers by 4,307.1{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} for the duration of the very first quarter. PNC Fiscal Products and services Team Inc. now owns 617 shares of the enterprise services provider’s stock valued at $49,000 immediately after buying an extra 603 shares in the past quarter. 86.40{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the inventory is owned by hedge resources and other institutional buyers.
Wall Road Analyst Weigh In
Individually, StockNews.com lifted Barrett Enterprise Services from a “acquire” score to a “solid-obtain” rating in a report on Friday, November 4th.
Barrett Enterprise Solutions Cost Efficiency
BBSI stock opened at $97.53 on Friday. Barrett Business enterprise Solutions, Inc. has a 1-calendar year low of $57.76 and a 1-year higher of $100.79. The company has a fifty working day going normal selling price of $95.32 and a 200-working day transferring normal rate of $85.70. The inventory has a market place 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 Enterprise Companies (NASDAQ:BBSI – Get Ranking) past posted its quarterly earnings effects on Wednesday, November 2nd. The business solutions provider reported $2.45 earnings per share for the quarter, topping the consensus estimate of $2.17 by $.28. Barrett Enterprise Services experienced a return on fairness of 25.05{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and a web margin of 4.46{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The business had earnings of $1.91 billion throughout the quarter, in comparison to analysts’ expectations of $1.87 billion. As a team, analysts anticipate that Barrett Company Solutions, Inc. will write-up 6.55 earnings per share for the existing year.
Barrett Business enterprise Expert services Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, December 2nd. Stockholders of report on Friday, November 18th were compensated a $.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.23{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The ex-dividend date of this dividend was Thursday, November 17th. Barrett Business Services’s dividend payout ratio is currently 18.84{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.
Barrett Enterprise Solutions Profile
Barrett Business Providers, Inc delivers small business administration solutions for smaller and mid-sized firms in the United States. The firm develops a management system that integrates a expertise-primarily based strategy from the administration consulting business with tools from the human resource outsourcing industry.
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