Robeco Institutional Asset Management B.V. Makes New $235,000 Investment in Barrett Business Services, Inc. (NASDAQ:BBSI)

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

(Get Ranking)

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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Institutional Ownership by Quarter for Barrett Business Services (NASDAQ:BBSI)

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24,318 Shares in Barrett Business Services, Inc. (NASDAQ:BBSI) Purchased by Assenagon Asset Management S.A.

24,318 Shares in Barrett Business Services, Inc. (NASDAQ:BBSI) Purchased by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. bought a new position in shares of Barrett Business Services, Inc. (NASDAQ:BBSIGet Rating) in the 1st quarter, HoldingsChannel.com reports. The firm bought 24,318 shares of the business services provider’s stock, valued at approximately $1,884,000.

Other institutional investors have also bought and sold shares of the company. Confluence Wealth Services Inc. purchased a new position in Barrett Business Services during the fourth quarter worth about $27,000. Denali Advisors LLC purchased a new position in Barrett Business Services during the fourth quarter worth about $76,000. BNP Paribas Arbitrage SA grew its position in Barrett Business Services by 62.7{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the fourth quarter. BNP Paribas Arbitrage SA now owns 3,544 shares of the business services provider’s stock worth $245,000 after buying an additional 1,366 shares in the last quarter. PDT Partners LLC bought a new stake in Barrett Business Services during the fourth quarter worth about $371,000. Finally, UBS Asset Management Americas Inc. lifted its stake in Barrett Business Services by 23.0{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the third quarter. UBS Asset Management Americas Inc. now owns 5,350 shares of the business services provider’s stock worth $408,000 after purchasing an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 81.74{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the company’s stock.

Several equities research analysts have issued reports on the company. StockNews.com lowered Barrett Business Services from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 13th. Barrington Research lifted their price target on Barrett Business Services from $85.00 to $102.00 in a research note on Thursday, May 5th. Roth Capital reaffirmed a “buy” rating on shares of Barrett Business Services in a research note on Thursday, May 5th. TheStreet lowered Barrett Business Services from a “b-” rating to a “c+” rating in a research note on Tuesday, May 24th. Finally, Sidoti reaffirmed a “buy” rating and set a $97.00 price target on shares of Barrett Business Services in a research note on Tuesday, June 14th. Four analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $102.33.

NASDAQ BBSI opened at $73.15 on Friday. Barrett Business Services, Inc. has a 1-year low of $57.76 and a 1-year high of $86.82. The stock has a 50-day moving average of $73.11 and a 200-day moving average of $70.71. The firm has a market cap of $535.46 million, a PE ratio of 12.97, a price-to-earnings-growth ratio of 0.81 and a beta of 1.39.

Barrett Business Services (NASDAQ:BBSIGet Rating) last released its earnings results on Wednesday, May 4th. The business services provider reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.63) by $0.67. Barrett Business Services had a return on equity of 21.43{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and a net margin of 4.37{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The company had revenue of $1.71 billion during the quarter, compared to analyst estimates of $1.72 billion. During the same quarter in the previous year, the company posted ($0.60) EPS. On average, sell-side analysts anticipate that Barrett Business Services, Inc. will post 6.07 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, June 3rd. Shareholders of record on Friday, May 20th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.64{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The ex-dividend date of this dividend was Thursday, May 19th. Barrett Business Services’s payout ratio is 21.28{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

In other Barrett Business Services news, CEO Gary Kramer purchased 1,000 shares of the stock in a transaction on Friday, May 20th. The stock was acquired at an average price of $70.13 per share, with a total value of $70,130.00. Following the transaction, the chief executive officer now directly owns 34,451 shares of the company’s stock, valued at approximately $2,416,048.63. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 3.00{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the company’s stock.

About Barrett Business Services (Get Rating)

Barrett Business Services, Inc provides business management solutions for small and mid-sized companies in the United States. The company develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry.

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Want to see what other hedge funds are holding BBSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Barrett Business Services, Inc. (NASDAQ:BBSIGet Rating).

Institutional Ownership by Quarter for Barrett Business Services (NASDAQ:BBSI)



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