Tag: NASDAQBBSI

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Barrett Business Services (NASDAQ:BBSI) Rating Lowered to C+ at TheStreet

Barrett Business Services (NASDAQ:BBSI) Rating Lowered to C+ at TheStreet

Barrett Business enterprise Products and services (NASDAQ:BBSI – Get Rating) was downgraded by investigate analysts at TheStreet from a “b-” ranking to a “c+” rating in a report issued on Tuesday, TheStreetRatingsTable reviews.

Numerous other equities research analysts have also lately issued reports on the stock. StockNews.com slash shares of Barrett Company Companies from a “strong-buy” score to a “buy” rating in a research note on Friday, Might 13th. Zacks Investment Investigation elevated shares of Barrett Enterprise Companies from a “hold” ranking to a “strong-buy” rating and established a $88.00 price target on the stock in a exploration note on Monday, May well 9th. Barrington Study elevated their price focus on on shares of Barrett Business enterprise Products and services from $85.00 to $102.00 in a analysis notice on Thursday, Might 5th. At last, Roth Cash reaffirmed a “buy” score on shares of Barrett Organization Expert services in a study take note on Thursday, Might 5th. A few analysts have rated the stock with a get score and just one has presented a solid acquire ranking to the company’s stock. In accordance to MarketBeat.com, the stock presently has an typical ranking of “Buy” and an common rate focus on of $99.33.

Shares of NASDAQ BBSI opened at $72.64 on Tuesday. The stock has a market place cap of $531.72 million, a price-to-earnings ratio of 12.88, a PEG ratio of .79 and a beta of 1.46. Barrett Small business Companies has a 52 week very low of $57.76 and a 52 7 days higher of $86.82. The company’s 50-day moving regular value is $74.69 and its 200 working day moving average cost is $70.67.

Barrett Business Expert services (NASDAQ:BBSI – Get Score) past issued its quarterly earnings knowledge on Wednesday, May perhaps 4th. The company providers company claimed $.04 EPS for the quarter, beating analysts’ consensus estimates of ($.63) by $.67. The company had profits of $1.71 billion for the quarter, in contrast to analysts’ expectations of $1.72 billion. Barrett Business Expert services experienced a internet margin of 4.37{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and a return on equity of 21.43{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. Through the very same interval in the prior yr, the business acquired ($.60) EPS. On normal, analysts predict that Barrett Enterprise Services will write-up 6.07 earnings for each share for the present yr.

A number of hedge cash have not too long ago made adjustments to their positions in BBSI. California State Teachers Retirement Technique elevated its holdings in Barrett Business enterprise Services by 1.6{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the fourth quarter. California Condition Academics Retirement Technique now owns 10,420 shares of the enterprise providers provider’s inventory valued at $720,000 after obtaining an additional 169 shares through the interval. Captrust Financial Advisors raised its holdings in Barrett Company Products and services by 1.4{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the initially quarter. Captrust Monetary Advisors now owns 11,904 shares of the enterprise companies provider’s stock valued at $926,000 soon after acquiring an more 170 shares throughout the period. Advisor Team Holdings Inc. elevated its holdings in Barrett Organization Solutions by 5.5{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the third quarter. Advisor Team Holdings Inc. now owns 3,599 shares of the organization expert services provider’s inventory valued at $274,000 following purchasing an extra 189 shares throughout the time period. Lazard Asset Administration LLC elevated its holdings in Barrett Business Services by 26.9{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the 1st quarter. Lazard Asset Management LLC now owns 1,029 shares of the organization solutions provider’s inventory valued at $79,000 after acquiring an extra 218 shares during the period. Last but not least, Charles Schwab Expenditure Administration Inc. elevated its holdings in Barrett Business Providers by .5{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the fourth quarter. Charles Schwab Investment Administration Inc. now owns 53,003 shares of the enterprise providers provider’s inventory valued at $3,661,000 immediately after getting an added 265 shares during the time period. Institutional traders and hedge resources individual 81.74{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the company’s stock.

Barrett Organization Companies Firm Profile (Get Ranking)

Barrett Business Expert services, Inc delivers organization management answers for smaller and mid-sized companies in the United States. The enterprise develops a administration platform that integrates a knowledge-centered tactic from the management consulting sector with instruments from the human resource outsourcing industry.

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Zacks: Brokerages Expect Barrett Business Services, Inc. (NASDAQ:BBSI) Will Announce Earnings of $1.87 Per Share

Zacks: Brokerages Expect Barrett Business Services, Inc. (NASDAQ:BBSI) Will Announce Earnings of $1.87 Per Share

Analysts forecast that Barrett Business enterprise Products and services, Inc. (NASDAQ:BBSI – Get Score) will publish $1.87 earnings for every share for the current quarter, Zacks Investment decision Exploration stories. Two analysts have issued estimates for Barrett Company Services’ earnings, with estimates ranging from $1.85 to $1.88. Barrett Company Solutions posted earnings for each share of $2.24 all through the exact same quarter very last yr, which indicates a unfavorable yr-more than-year expansion rate of 16.5{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The business enterprise is expected to report its up coming earnings benefits on Monday, January 1st.

On common, analysts anticipate that Barrett Business Providers will report complete year earnings of $5.76 for each share for the present economical yr, with EPS estimates ranging from $5.46 to $6.06. For the up coming yr, analysts foresee that the small business will write-up earnings of $6.06 for every share. Zacks’ EPS calculations are a necessarily mean typical primarily based on a survey of market-facet research analysts that address Barrett Small business Solutions.

Barrett Business enterprise Expert services (NASDAQ:BBSI – Get Rating) final launched its earnings success on Wednesday, Might 4th. The enterprise products and services service provider claimed $.04 EPS for the quarter, topping the consensus estimate of ($.64) by $.68. Barrett Enterprise Services experienced a return on fairness of 20.92{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and a internet margin of 4.37{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. Throughout the exact interval in the prior calendar year, the small business acquired ($.60) EPS.

Various brokerages have just lately issued stories on BBSI. Barrington Study upped their target price tag on shares of Barrett Business Solutions from $85.00 to $102.00 in a research notice on Thursday. Zacks Expenditure Investigation downgraded Barrett Company Companies from a “buy” score to a “hold” score in a exploration observe on Tuesday, May possibly 3rd. Roth Cash restated a “buy” ranking on shares of Barrett Enterprise Products and services in a investigate take note on Thursday. Ultimately, StockNews.com raised Barrett Business Services from a “buy” ranking to a “strong-buy” rating in a analysis report on Thursday. A person equities study analyst has rated the stock with a hold rating, two have assigned a get rating and one particular has issued a solid get rating to the company’s inventory. According to MarketBeat, the stock presently has an ordinary score of “Buy” and a consensus price tag goal of $96.67.

Institutional traders and hedge resources have just lately modified their holdings of the stock. FMR LLC lifted its holdings in Barrett Organization Companies by 13.7{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the 1st quarter. FMR LLC now owns 173,432 shares of the business enterprise companies provider’s inventory valued at $13,411,000 right after buying an additional 20,901 shares all through the time period. Millennium Administration LLC bought a new placement in shares of Barrett Small business Providers in the 2nd quarter truly worth somewhere around $554,000. Wells Fargo & Organization MN lifted its stake in shares of Barrett Business Services by 22.8{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the 2nd quarter. Wells Fargo & Enterprise MN now owns 9,943 shares of the small business solutions provider’s stock value $723,000 soon after paying for an supplemental 1,849 shares all through the time period. SG Americas Securities LLC bought a new placement in shares of Barrett Business enterprise Services in the third quarter value somewhere around $444,000. Last but not least, Advisor Group Holdings Inc. grew its situation in Barrett Small business Companies by 5.5{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} all through the third quarter. Advisor Team Holdings Inc. now owns 3,599 shares of the organization services provider’s stock valued at $274,000 soon after buying an supplemental 189 shares all through the period. 81.74{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the inventory is owned by institutional buyers.

Shares of Barrett Business Services stock opened at $76.67 on Friday. Barrett Small business Solutions has a 1 calendar year minimal of $57.76 and a 1 calendar year substantial of $86.82. The firm’s 50-day transferring typical is $74.37 and its 200 working day transferring typical is $71.43. The stock has a market cap of $560.46 million, a rate-to-earnings ratio of 13.59, a PEG ratio of 1.26 and a beta of 1.46.

The corporation also not long ago declared a quarterly dividend, which will be compensated on Friday, June 3rd. Stockholders of history on Friday, May 20th will be issued a dividend of $.30 for each share. The ex-dividend day is Thursday, May possibly 19th. This represents a $1.20 annualized dividend and a dividend produce of 1.57{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. Barrett Small business Services’s payout ratio is 21.28{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

About Barrett Small business Providers (Get Ranking)

Barrett Company Services, Inc supplies enterprise management methods for compact and mid-sized companies in the United States. The enterprise develops a administration platform that integrates a awareness-based tactic from the management consulting industry with instruments from the human resource outsourcing market.

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Barrett Business Services, Inc. (NASDAQ:BBSI) Plans $0.30 Quarterly Dividend

Barrett Business Services, Inc. (NASDAQ:BBSI) Plans $0.30 Quarterly Dividend

Barrett Enterprise Companies, Inc. (NASDAQ:BBSI – Get Ranking) announced a quarterly dividend on Wednesday, Could 4th, Zacks experiences. Stockholders of file on Friday, May 20th will be paid out a dividend of .30 per share by the organization products and services provider on Friday, June 3rd. This signifies a $1.20 annualized dividend and a dividend generate of 1.54{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The ex-dividend date is Thursday, Might 19th.

Barrett Company Providers has raised its dividend payment by an ordinary of 6.3{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} for each yr above the previous a few decades. Barrett Company Expert services has a payout ratio of 19.9{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} indicating that its dividend is adequately lined by earnings. Investigation analysts assume Barrett Company Companies to generate $6.06 for every share following 12 months, which means the business must continue to be equipped to include its $1.20 annual dividend with an expected long run payout ratio of 19.8{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Barrett Organization Expert services stock opened at $78.06 on Friday. Barrett Small business Expert services has a 52-7 days small of $57.76 and a 52-7 days high of $86.82. The agency has a industry cap of $570.62 million, a PE ratio of 13.84, a price tag-to-earnings-advancement ratio of 1.19 and a beta of 1.46. The company’s 50 day going ordinary is $74.04 and its two-hundred working day going normal is $71.53.

Barrett Company Expert services (NASDAQ:BBSI – Get Rating) previous introduced its earnings benefits on Wednesday, May 4th. The small business services supplier claimed $.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($.64) by $.68. Barrett Company Services experienced a return on equity of 19.04{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and a net margin of 3.99{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. Through the very same period final year, the firm acquired ($.60) earnings for every share. Analysts forecast that Barrett Small business Companies will put up 5.14 EPS for the recent year.

Various analysts not long ago weighed in on the inventory. Roth Money reaffirmed a “buy” score on shares of Barrett Company Expert services in a report on Thursday. Barrington Analysis boosted their concentrate on rate on shares of Barrett Company Companies from $85.00 to $102.00 in a research be aware on Thursday. Zacks Investment Analysis downgraded Barrett Organization Products and services from a “buy” rating to a “hold” score in a report on Tuesday. Ultimately, StockNews.com lifted Barrett Business Companies from a “buy” score to a “strong-buy” rating in a analysis report on Thursday. 1 equities study analyst has rated the inventory with a keep ranking, two have assigned a get ranking and one has assigned a potent acquire score to the corporation. In accordance to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus value goal of $96.67.

Hedge money and other institutional investors have not too long ago included to or diminished their stakes in the business. Marshall Wace LLP acquired a new stake in shares of Barrett Business enterprise Services in the course of the fourth quarter really worth about $1,104,000. Wells Fargo & Firm MN increased its placement in Barrett Enterprise Providers by 22.8{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the course of the 2nd quarter. Wells Fargo & Business MN now owns 9,943 shares of the business enterprise companies provider’s stock worthy of $723,000 right after buying an supplemental 1,849 shares for the duration of the period of time. California Point out Lecturers Retirement Technique lifted its stake in Barrett Business Products and services by 1.6{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the fourth quarter. California State Academics Retirement System now owns 10,420 shares of the company products and services provider’s inventory valued at $720,000 immediately after purchasing an extra 169 shares in the course of the very last quarter. Barclays PLC lifted its stake in Barrett Organization Solutions by 184.1{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the fourth quarter. Barclays PLC now owns 9,078 shares of the business enterprise providers provider’s inventory valued at $627,000 just after buying an added 5,883 shares in the course of the past quarter. Finally, Millennium Management LLC obtained a new stake in shares of Barrett Business enterprise Solutions in the next quarter valued at roughly $554,000. Institutional buyers individual 81.74{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the company’s inventory.

About Barrett Company Services (Get Rating)

Barrett Organization Products and services, Inc provides company administration options for small and mid-sized corporations in the United States. The enterprise develops a administration system that integrates a understanding-dependent tactic from the administration consulting business with resources from the human resource outsourcing sector.

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Dividend History for Barrett Business Services (NASDAQ:BBSI)



Obtain News & Scores for Barrett Small business Products and services Daily – Enter your e-mail deal with underneath to receive a concise every day summary of the latest news and analysts’ rankings for Barrett Business enterprise Products and services and similar businesses with MarketBeat.com’s Free daily e-mail newsletter.

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

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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StockNews.com Begins Coverage on Barrett Business Services (NASDAQ:BBSI)

StockNews.com Begins Coverage on Barrett Business Services (NASDAQ:BBSI)

StockNews.com initiated coverage on shares of Barrett Business Solutions (NASDAQ:BBSI – Get Ranking) in a research report issued on Thursday. The brokerage set a “obtain” rating on the business expert services provider’s stock.

Other equities analysts have also issued stories about the inventory. Zacks Financial investment Analysis upgraded shares of Barrett Organization Expert services from a “hold” ranking to a “obtain” ranking and set a $80.00 goal rate for the corporation in a report on Friday, March 4th. Roth Capital lifted their target cost on shares of Barrett Company Solutions from $96.00 to $108.00 in a report on Thursday, March 3rd. At last, Barrington Research decreased their focus on price tag on shares of Barrett Enterprise Products and services from $95.00 to $85.00 in a report on Thursday, March 3rd. 4 analysts have rated the stock with a purchase ranking, According to knowledge from MarketBeat, Barrett Company Products and services has an ordinary ranking of “Invest in” and an normal focus on rate of $91.00.

Shares of BBSI opened at $76.77 on Thursday. The organization has a 50-day straightforward moving ordinary of $67.68 and a two-hundred working day basic moving average of $72.12. Barrett Organization Companies has a one yr low of $57.76 and a 1 12 months higher of $86.82. The business has a current market capitalization of $569.86 million, a PE ratio of 15.35, a value-to-earnings-growth ratio of 1.25 and a beta of 1.48.

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Barrett Enterprise Expert services (NASDAQ:BBSI – Get Ranking) last produced its earnings benefits on Wednesday, March 2nd. The organization providers service provider noted $1.40 earnings for each share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $.97 by $.43. Barrett Enterprise Companies experienced a web margin of 3.99{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and a return on equity of 19.04{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The organization experienced revenue of $1.81 billion through the quarter, in contrast to analyst estimates of $1.70 billion. In the course of the exact same period last yr, the company earned $.93 earnings for each share. Analysts anticipate that Barrett Business enterprise Products and services will put up 5.14 earnings per share for the latest fiscal yr.

Institutional buyers and hedge money have just lately built adjustments to their positions in the stock. GSA Cash Partners LLP grew its position in Barrett Enterprise Providers by 20.8{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the 3rd quarter. GSA Cash Partners LLP now owns 14,747 shares of the business enterprise companies provider’s stock worth $1,125,000 after obtaining an added 2,535 shares all through the period of time. SG Americas Securities LLC acquired a new stake in Barrett Enterprise Solutions in the 3rd quarter really worth approximately $444,000. Advisor Team Holdings Inc. grew its place in Barrett Organization Expert services by 5.5{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the 3rd quarter. Advisor Team Holdings Inc. now owns 3,599 shares of the small business expert services provider’s stock value $274,000 immediately after getting an added 189 shares in the course of the period of time. Martingale Asset Management L P purchased a new stake in Barrett Business enterprise Solutions in the 3rd quarter worthy of close to $531,000. Lastly, Invesco Ltd. grew its placement in Barrett Business enterprise Expert services by 5.{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the 2nd quarter. Invesco Ltd. now owns 15,783 shares of the company providers provider’s inventory really worth $1,146,000 right after acquiring an added 749 shares in the course of the period. 82.40{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the stock is owned by institutional investors.

Barrett Business enterprise Expert services Business Profile (Get Rating)

Barrett Enterprise Services, Inc engages in the provision of business enterprise management remedies for smaller and mid-sized businesses. It develops management system that integrates a awareness-dependent strategy from the administration consulting sector with applications from the human source outsourcing marketplace. It focuses on specialist employer, and staffing and recruiting providers.

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This instantaneous news notify was produced by narrative science know-how and financial details from MarketBeat in buy to give viewers with the speediest and most accurate reporting. This tale was reviewed by MarketBeat’s editorial group prior to publication. You should deliver any concerns or feedback about this story to [email protected]

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Barrett Business Services, Inc. (NASDAQ:BBSI) Sees Significant Growth in Short Interest

Barrett Business Services, Inc. (NASDAQ:BBSI) Sees Significant Growth in Short Interest

Barrett Business Services, Inc. (NASDAQ:BBSI – Get Rating) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 105,300 shares, an increase of 82.2{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} from the February 28th total of 57,800 shares. Based on an average daily volume of 55,100 shares, the short-interest ratio is presently 1.9 days. Currently, 1.5{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the company’s shares are short sold.

A number of institutional investors have recently modified their holdings of the stock. Confluence Wealth Services Inc. acquired a new position in Barrett Business Services during the 4th quarter valued at about $27,000. New York State Teachers Retirement System acquired a new position in Barrett Business Services during the 3rd quarter valued at about $46,000. Denali Advisors LLC acquired a new position in Barrett Business Services during the 4th quarter valued at about $76,000. BNP Paribas Arbitrage SA boosted its stake in Barrett Business Services by 100.9{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the 3rd quarter. BNP Paribas Arbitrage SA now owns 2,178 shares of the business services provider’s stock valued at $166,000 after purchasing an additional 1,094 shares during the last quarter. Finally, Metropolitan Life Insurance Co NY boosted its stake in Barrett Business Services by 116,250.0{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during the 2nd quarter. Metropolitan Life Insurance Co NY now owns 2,327 shares of the business services provider’s stock valued at $169,000 after purchasing an additional 2,325 shares during the last quarter. 82.40{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the stock is owned by institutional investors and hedge funds.

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BBSI stock opened at $77.65 on Monday. The stock has a 50-day moving average price of $66.91 and a 200-day moving average price of $72.04. Barrett Business Services has a 1-year low of $57.76 and a 1-year high of $86.82. The firm has a market cap of $576.40 million, a PE ratio of 15.53, a price-to-earnings-growth ratio of 1.26 and a beta of 1.48.

Barrett Business Services (NASDAQ:BBSI – Get Rating) last issued its earnings results on Wednesday, March 2nd. The business services provider reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.43. Barrett Business Services had a return on equity of 19.04{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and a net margin of 3.99{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The business had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.70 billion. During the same period in the previous year, the company posted $0.93 EPS. On average, equities analysts forecast that Barrett Business Services will post 5.14 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, April 1st. Investors of record on Friday, March 18th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.55{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The ex-dividend date is Thursday, March 17th. Barrett Business Services’s payout ratio is 24.00{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Several research analysts recently issued reports on the company. StockNews.com raised Barrett Business Services from a “hold” rating to a “buy” rating in a research report on Saturday, March 12th. Barrington Research lowered their price objective on Barrett Business Services from $95.00 to $85.00 in a research report on Thursday, March 3rd. Zacks Investment Research raised Barrett Business Services from a “hold” rating to a “buy” rating and set a $80.00 price objective for the company in a research report on Friday, March 4th. Finally, Roth Capital lifted their price objective on Barrett Business Services from $96.00 to $108.00 in a research report on Thursday, March 3rd. Four research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Barrett Business Services currently has a consensus rating of “Buy” and a consensus price target of $91.00.

About Barrett Business Services (Get Rating)

Barrett Business Services, Inc engages in the provision of business management solutions for small and mid-sized companies. It develops management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry. It focuses on professional employer, and staffing and recruiting services.

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