Hold Archives - Benefit Group

December 14, 2022

Newtek Business Services Corp. to Hold Investor Conference Call on Wednesday, December 14, 2022 at 8:30 am ET

Will Give Update on the Monetary Illustration of the Lender Holding Organization and the Lender on a Go-Ahead Foundation Subsequent to the Acquisition of the Nationwide Bank of New York City

BOCA RATON, Fla., Dec. 12, 2022 (World NEWSWIRE) — Newtek Business enterprise Providers Corp., (Nasdaq: NEWT), an internally managed business development corporation (“BDC”), nowadays announced that Barry Sloane, Chief Executive Officer, will keep a meeting call on Wednesday, December 14, 2022 at 8:30 am ET, to present an update on the pending acquisition of Nationwide Lender of New York Town (“NBNYC”) and to talk about the Company’s economic illustration as a financial institution holding firm.

The corresponding presentation titled ‘Update on Pending Acquisition of Countrywide Financial institution of New York City’ dated December 12, 2022, will be accessible in the ‘Events & Presentations’ area of the Investor Relations portion of Newtek’s website at http://investor.newtekbusinessservices.com/situations-and-shows, right after current market close on Tuesday, December 13, 2022 at 4:00 pm ET.

To attend the convention call or webcast, participants really should sign up on the internet at http://investor.newtekbusinessservices.com/occasions-and-displays. To acquire a dial-in selection, individuals are requested to register at a minimum amount of 15 minutes just before the start of the call. A replay of the call with the corresponding presentation will be available on Newtek’s website soon adhering to the live presentation and will be offered for a interval of 90 times.

About Newtek Business Providers Corp.

Newtek Enterprise Providers Corp., Your Enterprise Solutions Corporation^®, is an internally managed BDC, which along with its managed portfolio providers, delivers a extensive assortment of business enterprise and money remedies beneath the Newtek^® brand name to the tiny- and medium-sized small business (“SMB”) market. Since 1999, Newtek has presented condition-of-the-artwork, cost-efficient items and services and productive organization techniques to SMB interactions throughout all 50 states to assistance them develop their sales, manage their expenditures and reduce their risk.

Newtek’s and its portfolio companies’ goods and expert services incorporate: Organization Lending, SBA Lending Methods, Digital Payment Processing, Engineering Options (Cloud Computing, Facts Backup, Storage and Retrieval, IT Consulting), eCommerce, Accounts Receivable Financing & Inventory Funding, Insurance policies Alternatives, World wide web Solutions, and Payroll and Advantages Remedies.

Newtek ^® and Your Company Answers Firm^®, are registered emblems of Newtek Small business Services Corp.

Take note Concerning Forward Seeking Statements

This push launch includes certain ahead-looking statements. Text such as “believes,” “intends,” “expects,” “projects,” “anticipates,” “forecasts,” “goal” and “future” or very similar expressions are meant to detect ahead-on the lookout statements. All forward-on the lookout statements require a variety of risks and uncertainties that could cause real effects to vary materially from the designs, intentions and expectations reflected in or recommended by the ahead-seeking statements. These types of dangers and uncertainties consist of, between other people, involve our skill to near the pending acquisition of the National Lender of New York City (the “Transaction”), get hold of required regulatory approvals for the pending Transaction, the timing of the closing of the Transaction, the timing of the Company’s discontinuance from regulation as a BDC below the 1940 Act, projections relating to or looking at the pending Transaction, the timing of our skill to originate new investments, realize sure margins and stages of profitability, the availability of extra money and the capacity to manage certain financial debt to asset ratios, intensified competitiveness, operating complications and their affect on revenues and income margins, expected long run company methods and fiscal overall performance, expected future variety of customers, business prospective clients, legislative developments and similar matters. Threat factors, cautionary statements and other situations, which could trigger Newtek’s precise benefits to vary from management’s existing expectations, are contained in Newtek’s filings with the Securities and Exchange Commission and available via http://www.sec.gov/. Newtek cautions you that forward-on the lookout statements are not assures of long term general performance and that true effects or developments may well differ materially from those projected or implied in these statements.

Source: Newtek Business enterprise Services Corp.

Investor Relations & Public Relations
Get hold of: Jayne Cavuoto
Phone: (212) 273-8179 / jcavuoto@newtekone.com

December 13, 2022

Newtek Business Services Corp. to Hold Investor Conference

BOCA RATON, Fla., Dec. 12, 2022 (Globe NEWSWIRE) — Newtek Organization Companies Corp., (Nasdaq: NEWT), an internally managed company development business (“BDC”), currently declared that Barry Sloane, Chief Government Officer, will keep a conference call on Wednesday, December 14, 2022 at 8:30 am ET, to provide an update on the pending acquisition of Nationwide Lender of New York City (“NBNYC”) and to go over the Company’s economic illustration as a financial institution holding corporation.

The corresponding presentation titled ‘Update on Pending Acquisition of Countrywide Lender of New York City’ dated December 12, 2022, will be offered in the ‘Events & Presentations’ area of the Trader Relations portion of Newtek’s web-site at http://trader.newtekbusinessservices.com/functions-and-displays, just after current market near on Tuesday, December 13, 2022 at 4:00 pm ET.

To attend the convention call or webcast, contributors need to sign-up on line at http://trader.newtekbusinessservices.com/functions-and-displays. To acquire a dial-in selection, participants are requested to sign-up at a minimum of 15 minutes prior to the start of the get in touch with. A replay of the phone with the corresponding presentation will be accessible on Newtek’s web-site shortly next the stay presentation and will be available for a interval of 90 times.

About Newtek Organization Solutions Corp.

Newtek Organization Providers Corp., Your Business Solutions Corporation^®, is an internally managed BDC, which alongside with its managed portfolio providers, offers a large selection of organization and economic methods less than the Newtek^® brand name to the modest- and medium-sized enterprise (“SMB”) market place. Since 1999, Newtek has delivered condition-of-the-artwork, expense-successful items and companies and successful business enterprise strategies to SMB interactions across all 50 states to assist them develop their gross sales, management their charges and minimize their threat.

Newtek’s and its portfolio companies’ products and solutions incorporate: Organization Lending, SBA Lending Remedies, Digital Payment Processing, Technologies Methods (Cloud Computing, Info Backup, Storage and Retrieval, IT Consulting), eCommerce, Accounts Receivable Financing & Inventory Funding, Insurance policy Answers, Web Products and services, and Payroll and Positive aspects Solutions.

Newtek^® and Your Business Solutions Business^®, are registered logos of Newtek Enterprise Expert services Corp.

Be aware Relating to Ahead On the lookout Statements

This push launch is made up of certain forward-hunting statements. Text such as “believes,” “intends,” “expects,” “projects,” “anticipates,” “forecasts,” “goal” and “future” or similar expressions are intended to recognize forward-wanting statements. All forward-looking statements involve a selection of risks and uncertainties that could trigger real outcomes to vary materially from the strategies, intentions and anticipations reflected in or recommended by the forward-looking statements. Such threats and uncertainties consist of, between other people, include our capacity to close the pending acquisition of the National Bank of New York Metropolis (the “Transaction”), receive necessary regulatory approvals for the pending Transaction, the timing of the closing of the Transaction, the timing of the Company’s discontinuance from regulation as a BDC below the 1940 Act, projections concerning or taking into consideration the pending Transaction, the timing of our capability to originate new investments, accomplish selected margins and amounts of profitability, the availability of added capital and the ability to preserve specified financial debt to asset ratios, intensified competitiveness, functioning problems and their influence on revenues and income margins, anticipated future small business procedures and money effectiveness, predicted future amount of shoppers, organization prospective customers, legislative developments and very similar matters. Possibility variables, cautionary statements and other disorders, which could result in Newtek’s real effects to differ from management’s present anticipations, are contained in Newtek’s filings with the Securities and Exchange Fee and out there by http://www.sec.gov/. Newtek cautions you that ahead-searching statements are not assures of potential performance and that actual final results or developments could differ materially from people projected or implied in these statements.

Resource: Newtek Company Solutions Corp.

Investor Relations & Community Relations
Make contact with: Jayne Cavuoto
Telephone: (212) 273-8179 / jcavuoto@newtekone.com

October 25, 2022

Biden’s student loan forgiveness plan is on hold. What borrowers need to know

Porquenostudios | Istock | Getty Photos

For people with university student debt, the final several months may possibly have given you whiplash.

1st, President Joe Biden explained in August that he’d be forgiving up to $20,000 for hundreds of thousands of debtors. But prior to a great deal celebrating could happen, Republicans brought a slew of troubles to the plan, leaving it in jeopardy even as the software for the relief went reside. Given that mid-October, 22 million Us citizens have utilized for forgiveness.

However the most important setback for the Biden administration’s sweeping plan came on Friday, when a U.S. appeals court docket briefly blocked it from moving forward.

Here’s what borrowers have to have to know about the advancement, and what it could signify for your college student personal debt.

Why is student financial loan forgiveness on maintain?

In September, attorneys normal from Republican-led states — Arkansas, Iowa, Kansas, Missouri, Nebraska and South Carolina — sued the Biden administration in an effort to end its approach to terminate hundreds of billions of dollars in university student debt.

U.S. District Judge Henry Autrey in St. Louis dominated earlier this month that although the states experienced lifted “significant and substantial worries to the debt relief plan,” they in the end lacked legal standing to pursue the circumstance.

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The GOP-led states failed to give up after their lawsuit was thrown out. They submitted an enchantment, and questioned the court docket to stay the president’s program, which was supposed to begin unfolding as early as this week, though their request is regarded as.

The 8th U.S. Circuit Court docket of Appeals granted the states’ emergency petition, leaving the Biden administration not able to start out forgiving any student personal debt for now.

What is the states’ argument from forgiveness?

The GOP-led states are accusing the president of overstepping his authority.

They also say that the motion would trigger some non-public lenders to shed organization mainly because it would prompt hundreds of thousands of borrowers who have their federal loans held with these organizations to consolidate their debt into the principal federal student loan method.

The U.S. Section of Education and learning had claimed debtors who keep these FFEL, or Federal Spouse and children Training Financial loans, can take this move to qualify for its reduction.

How probably is their obstacle to be prosperous?

The main impediment for individuals hoping to foil the president’s action has been acquiring a plaintiff who can prove they’ve been harmed by the coverage, gurus say.

“These kinds of injuries is wanted to create what courts get in touch with ‘standing,'” said Laurence Tribe, a Harvard legislation professor. “No particular person or business enterprise or point out is demonstrably hurt the way non-public lenders would have been if, for occasion, their financial loans to students experienced been canceled.”

Legal authorities say the GOP-led states will battle to establish they have that vital standing.

President Biden announces student loan debt relief plan

The Instruction Division, in get to defend its broader bank loan forgiveness policy, has now mentioned that FFEL debtors have to have to have consolidated their financial loans by the finish of September to be qualified. They can no longer do so to qualify.

This will make it more difficult for the GOP states to make their case that the president’s prepare will value the personal loan companies a sizeable amount of business, said bigger training qualified Mark Kantrowitz.

“The state lawyers general lawsuit was the strongest of the lawsuits until finally the U.S. Department of Instruction pulled out the rug by eliminating their legal standing,” Kantrowitz claimed.

How a great deal could this delay forgiveness?

All the 8th U.S. Circuit Court of Appeals did on Friday was freeze the president’s system until eventually it decides whether or not or not to hold the approach on hold for the length of the states’ attractiveness, explained Stephen I. Vladeck, a professor at the College of Texas School of Legislation.

“That’s not a large determination unto itself,” Vladeck reported.

The genuine question, he said, will be what occurs later on this week when the courtroom policies “what the status quo really should be although the states’ enchantment runs its course.”

“I think it is really an uphill fight for the states provided the district court’s conclusion that it lacks standing,” Vladeck explained.

Can I however use for forgiveness?

Definitely. The U.S. Department of Education and learning is urging pupil financial loan borrowers to carry on searching for its relief.

“Tonight’s temporary purchase does not reduce borrowers from implementing for college student financial debt relief at studentaid.gov,” White Home push secretary Karine Jean-Pierre mentioned in a statement on Friday. “It also does not avert us from reviewing these apps and planning them for transmission to bank loan servicers.”

October 1, 2022

Council to hold public hearing on ordinance to grant license agreement to Cox for business services – The Suffolk News-Herald

Council to hold public listening to on ordinance to grant license settlement to Cox for enterprise providers

Printed 5:35 pm Friday, September 30, 2022

Metropolis Council will keep a community hearing Wednesday on an ordinance that would grant a license settlement for Cox Communications to develop, set up and preserve telecommunications companies for its small business expert services in Suffolk.

If approved, Cox would obtain a non-exclusive telecommunications license agreement for up to five years.

Cox’s Erin Rice spoke to council all through its Sept. 21 perform session, noting it has experienced a existence in the metropolis, but mostly in the northern spots right before it invested $3.5 million to install just about 30 miles of fiber to deliver 10 gigabit pace although extending its footprint to other spots of the metropolis. That job was accomplished in the spring.

In other things for council to think about, a pair of ordinances in council’s consent agenda would let Suffolk Police to invest in a new boat and bulletproof vests from grant revenue it has gained.

Suffolk Law enforcement Division is set to receive $218,988 in port protection grant money from the U.S. Office of Homeland Stability to purchase a Secure boat to “enhance resilience and recovery capabilities in the town on its waters and Hampton Roads.”

It needs a city match of $70,329, or 25{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of its price of $281,317.

The city’s police office has also gained a grant value almost $21,000 to buy bulletproof vests for its officers. The grant will come from the U.S. Division of Justice.

Also on the consent agenda, Suffolk General public Colleges has questioned council’s acceptance to reappropriate approximately $400,000 in unspent dollars from fiscal 2022 to the division’s fiscal 2023 faculty operating fund to help with sinkhole repairs at college facilities.

The city has also been accepted for $710,500 in funding from the Virginia Department of Transportation’s Financial Progress Obtain Highway Program to allow for the extension of the obtain highway on Company Push in the Virginia Port Logistics Park to aid a 1.5 million-square-foot import centre. That grant demands a $10,500 community funds match, out there as a result of a transfer from the general fund financial enhancement financial investment method account.

The work session will function updates on the city’s Parks and Recreation Department’s accreditation and jobs, and details about an impending Public Operates Section Citizen Academy to just take put from Oct. 13 through Nov. 17.

The council’s total agenda can be discovered at https://www.suffolkva.us/AgendaCenter/ViewFile/Agenda/_10052022-2931.

The council’s perform session starts at 4 p.m. Wednesday, with the frequent assembly starting off at 6 p.m. at Town Corridor.

July 14, 2022

Hailiang Education Announces Receipt of Nasdaq Notice of Deficiency for Delayed Filing of Semi-Annual Financial Information for the Half Year Ended December 31, 2021 and Failure to Hold an Annual Meeting of Shareholders

HANGZHOU, China, July 13, 2022 /PRNewswire/ — Hailiang Instruction Group Inc. (Nasdaq: HLG), (“Hailiang Schooling”, the “Company” or “We”), an education and management services provider in China, today announced that on July 11, 2022, the Business acquired two notices of deficiency (just about every, a “See”, and collectively, the “Notices”) from the Listing Skills Division of The Nasdaq Stock Market place (the “Nasdaq”), stating that the Corporation was not in compliance with Nasdaq Listing Rule 5250(c)(2) and Nasdaq Listing Regulations 5620(a) and 5810(c)(2)(G) for ongoing listing, since the Organization unsuccessful to timely file its semi-annual financial information for the 50 percent year finished December 31, 2021 on Variety 6-K (the “1H 2022 6-K”) with the U.S. Securities and Trade Fee (the “SEC”), and failed to hold an once-a-year assembly of stockholders (the “2022 AGM”) inside 12 months of the stop of the Firm’s fiscal calendar year close. The Notices have no rapid result on the listing or buying and selling of the Firm’s securities.

(PRNewsfoto/Hailiang Education Group Inc.) — (PRNewsfoto/Hailiang Schooling Group Inc.)

Below Nasdaq procedures, for the 1H 2022 6-K, the Enterprise has 60 calendar days from the day of the Recognize to post a prepare to get back compliance, and if Nasdaq accepts the Firm’s approach, Nasdaq could grant an exception of up to 180 calendar days from the because of day of the 1H 2022 6-K, or until finally December 27, 2022, to get back compliance. On the other hand, there is no assurance that Nasdaq will take the Firm’s plan for the 1H 2022 6-K to regain compliance, or that the Organization will be equipped to regain compliance inside of any extension period granted by Nasdaq. The See more states that in identifying irrespective of whether to settle for the Firm’s approach for the 1H 2022 6-K, Nasdaq will think about this kind of factors as the probability that the 1H 2022 6-K, alongside with any subsequent periodic submitting that will be thanks, can be produced in just the 180 day period of time, the Company’s previous compliance heritage, the motives for the late submitting, other corporate gatherings that may perhaps come about within just Nasdaq’s critique time period, the Firm’s general fiscal condition and its community disclosures. If Nasdaq does not take the Firm’s plan for the 1H 2022 6-K, then the Company will have the opportunity to charm that conclusion to a Nasdaq hearings panel.

For the 2022 AGM, the Organization has 45 calendar days to submit a plan to regain compliance with the Guidelines. If Nasdaq accepts the Firm’s plan for the 2022 AGM, Nasdaq may possibly grant the Enterprise an extension of up to 180 calendar times from the Company’s fiscal calendar year conclusion, or until eventually December 27, 2022, to get back compliance. The Discover even more states that in determining whether or not to settle for the Firm’s strategy for the 2022 AGM, Nasdaq will take into consideration these types of issues as the chance that the annual assembly can be held in the 180-working day period, the Company’s earlier compliance record, the causes for the delayed meeting, other company occasions that may possibly come about all through the evaluation period, the Company’s all round fiscal condition and its public disclosures. If Nasdaq does not acknowledge the Firm’s approach for the 2022 AGM, the Corporation will have the option to charm the conclusion in entrance of a Nasdaq Hearings Panel.

The Enterprise unsuccessful to file the 1H 2022 6-K with the SEC and failed to hold the 2022 AGM on a timely basis mainly because it has been focusing its means on its formerly introduced going non-public transaction (the “Privatization”), which is predicted to close in the course of the 3rd quarter of 2022. If consummated, the Privatization would final result in the Enterprise getting a privately held company and its American Depositary Shares would no lengthier be stated on the Nasdaq.

The Organization is functioning diligently to file its 1H 2022 6-K and maintain its 2022 AGM as quickly as practicable and inside of the timeline approved by Nasdaq.

About Hailiang Instruction Group Inc.

Hailiang Education and learning Group Inc. (Nasdaq: HLG) is an instruction and administration services service provider in China. The Firm mostly focuses on furnishing distinguished, specialised, and internationalized education and learning. Hailiang Education is focused to supplying pupils with large-excellent high faculty curriculum education, college student management products and services, ancillary educational expert services, and training and administration companies, and it strives to manage the high quality of its students’ existence, analyze, and improvement. Hailiang Schooling adapts its educational solutions centered upon its students’ particular person aptitudes. Hailiang Training is devoted to bettering its students’ educational capabilities, cultural achievements, and international perspectives. For extra data, be sure to visit http://ir.hailiangedu.com.

Forward-Hunting Statements

This press launch consists of data about Hailiang Education’s look at of its long run anticipations, plans, and prospects that represent ahead-hunting statements. These ahead-wanting statements are designed under the safe and sound harbor provisions of the U.S. Personal Securities Litigation Reform Act of 1995. All statements other than statements of historic points in this announcement are ahead-wanting statements, like, but not confined to the next: the Company’s enterprise plans, the Firm’s potential company development, results of functions, and monetary problem, anticipated adjustments in the Firm’s earnings and specific price or cost merchandise, its potential to increase further funding, its means to preserve and expand its business enterprise, the Company’s potential to file the 1H 2022 6-K and maintain the 2022 AGM in just the respective compliance period of time and regain compliance for ongoing listing underneath the Nasdaq Listing Regulations, the Company’s capacity to consummate the Privatization as prepared, and other hazards thorough in the Firm’s filings with the U.S. Securities and Trade Commission (the “SEC”), as very well as the Agenda 13E-3 transaction statement and the proxy statement to be filed by the Firm. Hailiang Schooling could also make written or oral ahead-wanting statements in its periodic reviews to the SEC, in its yearly report to shareholders, in press releases and other composed products, and in oral statements created by its officers, administrators, or staff to 3rd get-togethers. Statements that are not historic details, which includes statements about Hailiang Education’s beliefs and anticipations, are forward-hunting statements. Ahead-wanting statements include inherent risks and uncertainties, no matter whether acknowledged or mysterious, and are centered on recent anticipations and projections about potential situations and economic tendencies that the Enterprise thinks may possibly impact its money situation, success of operations, small business system, and economic requires. Investors can recognize these forward-looking statements by phrases or phrases this kind of as “may possibly,” “will,” “will make,” “will be,” “assume,” “foresee,” “purpose,” “estimate,” “intend,” “prepare,” “believe,” “likely,” “continue,” “endeavor to,” “is/are very likely to,” or other equivalent expressions. Further more facts pertaining to these and other risks is included in our once-a-year report on Sort 20-F and other filings with the SEC. All data offered in this press release is as of the day of this push launch, and Hailiang Education undertakes no obligation to update any forward-on the lookout statements, besides as may be needed underneath relevant law.

For additional details, make sure you speak to:
Mr. Litao Qiu
Board Secretary
Hailiang Instruction Group Inc.
Phone: +86-571-5812-1974
Email: ir@hailiangeducation.com

Look at first content material to obtain multimedia:https://www.prnewswire.com/news-releases/hailiang-schooling-announces-receipt-of-nasdaq-see-of-deficiency-for-delayed-submitting-of-semi-once-a-year-fiscal-information-for-the-fifty percent-year-ended-december-31-2021-and-failure-to-keep-an-annual-conference-of-shareholders-301585842.html

Resource Hailiang Training

May 4, 2022

Zacks Investment Research Lowers Barrett Business Services (NASDAQ:BBSI) to Hold

Zacks Investment Research downgraded shares of Barrett Business Services (NASDAQ:BBSI – Get Rating) from a buy rating to a hold rating in a report issued on Tuesday morning, Zacks.com reports.

According to Zacks, “BARRETT BUSINESS SERVICES INC. provides light industrial, clerical and technical employees to a wide range of businesses through staff leasing, contract staffing, site management and temporary staffing arrangements. The Company provides employees to a diverse set of customers, including among others, forest products and agriculture-based companies, electronics manufacturers, transportation and shipping enterprises, professional firms and general contractors. “

A number of other equities analysts also recently commented on BBSI. StockNews.com began coverage on shares of Barrett Business Services in a research note on Thursday, March 31st. They issued a buy rating for the company. Roth Capital boosted their price objective on shares of Barrett Business Services from $96.00 to $108.00 in a research note on Thursday, March 3rd. Finally, Barrington Research reduced their price objective on shares of Barrett Business Services from $95.00 to $85.00 in a research note on Thursday, March 3rd. One analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of Buy and an average price target of $91.00.

Barrett Business Services stock opened at $73.71 on Tuesday. The company has a 50 day moving average price of $73.38 and a 200-day moving average price of $71.52. Barrett Business Services has a fifty-two week low of $57.76 and a fifty-two week high of $86.82. The company has a market capitalization of $539.11 million, a PE ratio of 14.74, a P/E/G ratio of 1.17 and a beta of 1.46.

Barrett Business Services (NASDAQ:BBSI – Get Rating) last posted its quarterly earnings results on Wednesday, March 2nd. The business services provider reported $1.40 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.43. The firm had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.70 billion. Barrett Business Services had a net margin of 3.99{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and a return on equity of 19.04{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. During the same quarter in the previous year, the firm posted $0.93 earnings per share. As a group, research analysts expect that Barrett Business Services will post 5.14 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, April 1st. Stockholders of record on Friday, March 18th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.63{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The ex-dividend date of this dividend was Thursday, March 17th. Barrett Business Services’s payout ratio is presently 24.00{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Several hedge funds have recently modified their holdings of the company. Cullen Capital Management LLC increased its position in shares of Barrett Business Services by 7.1{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the first quarter. Cullen Capital Management LLC now owns 13,561 shares of the business services provider’s stock worth $1,051,000 after purchasing an additional 904 shares in the last quarter. Nisa Investment Advisors LLC purchased a new stake in shares of Barrett Business Services during the first quarter valued at $43,000. Euclidean Technologies Management LLC grew its holdings in shares of Barrett Business Services by 6.0{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the first quarter. Euclidean Technologies Management LLC now owns 31,456 shares of the business services provider’s stock valued at $2,437,000 after buying an additional 1,770 shares during the last quarter. Lapides Asset Management LLC grew its holdings in shares of Barrett Business Services by 68.4{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the first quarter. Lapides Asset Management LLC now owns 51,200 shares of the business services provider’s stock valued at $3,966,000 after buying an additional 20,800 shares during the last quarter. Finally, Assenagon Asset Management S.A. purchased a new stake in shares of Barrett Business Services during the first quarter valued at $1,884,000. 81.74{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the stock is currently owned by institutional investors and hedge funds.

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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