services Archives - Benefit Group

March 8, 2023

Is APi Group (APG) Stock Outpacing Its Business Services Peers This Year?

Investors intrigued in Company Solutions shares ought to constantly be hunting to obtain the most effective-performing companies in the group. Has APi (APG) been one of those shares this 12 months? A swift glance at the company’s 12 months-to-day efficiency in comparison to the relaxation of the Business enterprise Providers sector must support us solution this dilemma.

APi is 1 of 345 companies in the Enterprise Expert services group. The Organization Products and services team currently sits at #5 within the Zacks Sector Rank. The Zacks Sector Rank gauges the power of our 16 particular person sector teams by measuring the ordinary Zacks Rank of the unique shares inside of the groups.

The Zacks Rank is a verified system that emphasizes earnings estimates and estimate revisions, highlighting a selection of shares that are exhibiting the appropriate qualities to conquer the marketplace more than the next a single to 3 months. APi is at present sporting a Zacks Rank of #2 (Obtain).

Over the past 90 days, the Zacks Consensus Estimate for APG’s entire-12 months earnings has moved 7.6{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} increased. This shows that analyst sentiment has enhanced and the company’s earnings outlook is more powerful.

Based on the newest available info, APG has acquired about 26.1{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} so far this year. In comparison, Organization Services corporations have returned an common of 6.9{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. As we can see, APi is performing improved than its sector in the calendar 12 months.

Palantir Systems Inc. (PLTR) is one more Business enterprise Providers stock that has outperformed the sector so far this 12 months. Due to the fact the starting of the yr, the stock has returned 29{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

In Palantir Systems Inc.’s situation, the consensus EPS estimate for the present calendar year greater 189.5{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} above the previous a few months. The stock at present has a Zacks Rank #2 (Acquire).

Looking a lot more precisely, APi belongs to the Business enterprise – Solutions market, a team that includes 25 specific stocks and at this time sits at #56 in the Zacks Marketplace Rank. On average, stocks in this group have received 15.2{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} this calendar year, which means that APG is executing far better in phrases of year-to-date returns.

On the other hand, Palantir Technologies Inc. belongs to the Technological know-how Providers market. This 199-stock sector is currently ranked #102. The sector has moved +13.8{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} yr to date.

Investors intrigued in the Organization Expert services sector may want to maintain a shut eye on APi and Palantir Technologies Inc. as they try to proceed their strong performance.

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March 6, 2023

Barrett Business Services, Inc. (NASDAQ:BBSI) to Issue Quarterly Dividend of $0.30

Barrett Business enterprise Products and services, Inc. (NASDAQ:BBSI – Get Rating) declared a quarterly dividend on Wednesday, March 1st, Zacks reviews. Shareholders of record on Friday, March 17th will be paid out a dividend of .30 for every share by the organization expert services supplier on Friday, March 31st. This signifies a $1.20 dividend on an annualized foundation and a produce of 1.30{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The ex-dividend day is Thursday, March 16th.

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Barrett Business enterprise Products and services has increased its dividend payment by an regular of 2.9{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} for each 12 months in excess of the final a few a long time. Barrett Small business Solutions has a payout ratio of 15.4{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} this means its dividend is sufficiently protected by earnings.

Barrett Organization Expert services Inventory Up 1.3 {ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

BBSI stock traded up $1.14 throughout mid-working day trading on Friday, achieving $91.96. 56,147 shares of the business traded arms, compared to its regular quantity of 61,016. The inventory has a market cap of $640.04 million, a cost-to-earnings ratio of 13.74, a P/E/G ratio of .96 and a beta of 1.34. Barrett Organization Solutions has a fifty-two week minimal of $65.93 and a fifty-two week higher of $100.85. The firm’s 50 day transferring normal cost is $95.88 and its 200 working day relocating regular selling price is $90.13.

Institutional Inflows and Outflows

Many hedge cash and other institutional investors have a short while ago extra to or lowered their stakes in the stock. Condition of Wyoming grew its place in Barrett Business enterprise Products and services by 112.2{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the fourth quarter. Point out of Wyoming now owns 1,959 shares of the enterprise expert services provider’s stock value $183,000 immediately after getting an extra 1,036 shares in the previous quarter. Jane Road Group LLC purchased a new stake in Barrett Company Expert services in the fourth quarter worthy of $258,000. Lazard Asset Administration LLC lifted its stake in Barrett Organization Services by 122.9{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the fourth quarter. Lazard Asset Administration LLC now owns 2,294 shares of the business companies provider’s stock well worth $213,000 right after paying for an more 1,265 shares in the course of the previous quarter. Vestcor Inc purchased a new stake in Barrett Company Solutions in the fourth quarter truly worth $93,000. Finally, Mackenzie Money Corp purchased a new stake in Barrett Business enterprise Providers in the fourth quarter really worth $280,000. 86.40{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the inventory is currently owned by hedge money and other institutional traders.

Wall Street Analyst Weigh In

BBSI has been the subject of quite a few new analyst experiences. Barrington Investigation lifted their focus on price tag on shares of Barrett Business enterprise Expert services from $102.00 to $104.00 in a investigation report on Friday. StockNews.com slash shares of Barrett Business enterprise Companies from a “sturdy-purchase” score to a “buy” ranking in a report on Monday. Four equities investigate analysts have rated the inventory with a buy rating, In accordance to MarketBeat, the inventory at present has a consensus rating of “Acquire” and a consensus concentrate on cost of $103.00.

About Barrett Enterprise Providers

(Get Ranking)

Barrett Small business Solutions, Inc engages in the provision of small business management answers for compact and mid-sized companies. It develops management platform that integrates a awareness-based mostly method from the management consulting field with equipment from the human useful resource outsourcing field. It focuses on skilled employer, and staffing and recruiting expert services.

At US$95.98, Is It Time To Put Barrett Business Services, Inc. (NASDAQ:BBSI) On Your Watch List?

Whilst Barrett Small business Services, Inc. (NASDAQ:BBSI) could possibly not be the most broadly regarded stock at the second, it saw its share price hover around a tiny selection of US$90.50 to US$99.50 in excess of the final number of weeks. But is this really reflective of the share worth of the tiny-cap? Or is it now undervalued, providing us with the chance to acquire? Let’s acquire a glance at Barrett Organization Services’s outlook and worth based on the most recent money knowledge to see if there are any catalysts for a cost alter.

Look at our hottest investigation for Barrett Enterprise Companies

What Is Barrett Company Products and services Really worth?

Fantastic information, traders! Barrett Enterprise Solutions is even now a cut price suitable now. My valuation design shows that the intrinsic price for the stock is $156.87, which is higher than what the sector is valuing the business at the second. This indicates a prospective chance to purchase reduced. What is more exciting is that, Barrett Organization Services’s share price tag is fairly unstable, which gives us extra chances to invest in since the share selling price could sink reduce (or increase bigger) in the upcoming. This is based on its significant beta, which is a excellent indicator for how a great deal the stock moves relative to the relaxation of the sector.

Can we assume advancement from Barrett Organization Providers?

earnings-and-revenue-growth — earnings-and-profits-progress

Traders seeking for progress in their portfolio could want to think about the prospects of a enterprise prior to acquiring its shares. While value investors would argue that it is the intrinsic price relative to the price that issue the most, a a lot more compelling investment decision thesis would be high expansion possible at a inexpensive price. Barrett Organization Services’ earnings development are expected to be in the teens in the approaching years, indicating a strong foreseeable future ahead. This need to direct to sturdy hard cash flows, feeding into a bigger share price.

What This Means For You

Are you a shareholder? Given that BBSI is currently undervalued, it could be a good time to improve your holdings in the stock. With a good outlook on the horizon, it appears like this growth has not still been completely factored into the share value. Having said that, there are also other components these as capital construction to contemplate, which could clarify the present undervaluation.

Are you a probable trader? If you’ve been preserving an eye on BBSI for a though, now may be the time to enter the stock. Its prosperous potential outlook is not thoroughly mirrored in the present-day share selling price but, which indicates it is not too late to get BBSI. But ahead of you make any investment choices, contemplate other aspects these as the keep track of file of its management team, in buy to make a nicely-educated expenditure choice.

So if you’d like to dive further into this inventory, it is critical to take into consideration any threats it is struggling with. When conducting our analysis, we found that Barrett Business Providers has 1 warning indication and it would be unwise to overlook it.

If you are no for a longer period fascinated in Barrett Enterprise Providers, you can use our free platform to see our checklist of about 50 other shares with a higher advancement likely.

Have opinions on this write-up? Anxious about the articles? Get in contact with us directly. Alternatively, e mail editorial-group (at) simplywallst.com.

This write-up by Only Wall St is standard in mother nature. We deliver commentary centered on historic information and analyst forecasts only working with an impartial methodology and our content are not supposed to be monetary assistance. It does not represent a advice to get or market any inventory, and does not choose account of your aims, or your financial circumstance. We goal to carry you extended-time period focused examination driven by fundamental details. Observe that our evaluation may possibly not aspect in the most recent price-sensitive enterprise bulletins or qualitative content. Simply Wall St has no situation in any stocks talked about.

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March 4, 2023

Barrett Business Services (BBSI) Declares $0.30 Dividend

Barrett Business Services said on March 1, 2023 that its board of directors declared a regular
quarterly dividend of $0.30 per share ($1.20 annualized).
Previously, the company paid $0.30 per share.

Shares must be purchased before the ex-div date of March 16, 2023 to qualify for the dividend.

Shareholders of record as of March 17, 2023
will receive the payment on March 31, 2023.

At the current share price of $90.82 / share,
the stock’s dividend yield is 1.32{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Looking back five years and taking a sample every week, the average dividend yield has been
1.61{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550},
the lowest has been 1.02{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550},
and the highest has been 3.66{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.
The standard deviation of yields is 0.42 (n=237).

The current dividend yield is
0.68 standard deviations

below
the historical average.

Additionally, the company’s dividend payout ratio is 0.18.
The payout ratio tells us how much of a company’s income is paid out in dividends. A payout ratio of one (1.0)
means 100{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the company’s income is paid in a dividend.
A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend – not a
healthy situation.
Companies with few growth prospects are expected to pay out most of their income in dividends, which typically
means a payout ratio between 0.5 and 1.0.
Companies with good growth prospects are expected to retain some earnings in order to invest
in those growth prospects, which translates to a payout ratio of zero to 0.5.

The company has not increased its dividend in the last three years.

Learn to Harvest Dividends

Buy Stock. Capture Dividend. Sell Stock. Repeat. This is the essence of dividend harvesting and you can
do it easily with Fintel’s Dividend Capture Calendar.

Analyst Price Forecast Suggests 27.19{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} Upside

As of March 3, 2023,
the average one-year price target for Barrett Business Services is $115.52.
The forecasts range from a low of $103.02 to a high of $131.25.
The average price target represents an increase of 27.19{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} from its latest reported closing price of $90.82.

The projected annual revenue for Barrett Business Services
is $1,161MM, an increase of 10.12{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

The projected annual non-GAAP EPS
is $7.15.

What is the Fund Sentiment?

There are 391 funds or institutions reporting positions in Barrett Business Services.

This is an increase
of
29
owner(s) or 8.01{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the last quarter.

Average portfolio weight of all funds dedicated to BBSI is 0.25{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550},
an increase
of 8.35{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Total shares owned by institutions decreased
in the last three months by 2.58{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} to 7,167K shares.

The put/call ratio of BBSI is 0.62, indicating a

bullish
outlook.

What are large shareholders doing?

American Century Companies
holds 379K shares

representing 5.44{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} ownership of the company.

In it’s prior filing, the firm reported owning 453K shares, representing
a decrease
of 19.62{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

The firm

decreased

its portfolio allocation in BBSI by 99.91{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} over the last quarter.

Jpmorgan Chase &
holds 330K shares

representing 4.75{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} ownership of the company.

In it’s prior filing, the firm reported owning 341K shares, representing
a decrease
of 3.11{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

The firm

increased

its portfolio allocation in BBSI by 106,368.02{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} over the last quarter.

ASVIX – Small Cap Value Fund Investor Class
holds 306K shares

representing 4.39{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} ownership of the company.

In it’s prior filing, the firm reported owning 370K shares, representing
a decrease
of 21.04{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

The firm

decreased

its portfolio allocation in BBSI by 6.80{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} over the last quarter.

Private Capital Management
holds 262K shares

representing 3.77{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} ownership of the company.

In it’s prior filing, the firm reported owning 263K shares, representing
a decrease
of 0.09{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

The firm

increased

its portfolio allocation in BBSI by 12.14{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} over the last quarter.

Renaissance Technologies
holds 218K shares

representing 3.13{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} ownership of the company.

In it’s prior filing, the firm reported owning 200K shares, representing
an increase
of 8.08{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

The firm

increased

its portfolio allocation in BBSI by 25.82{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} over the last quarter.

Barrett Business Services Background Information
(This description is provided by the company.)

Barrett Business Services Inc. (BBSI) is a leading provider of business management solutions, combining human resource outsourcing and professional management consulting to create a unique operational platform that differentiates it from competitors. The Company’s integrated platform is built upon expertise in payroll processing, employee benefits, workers’ compensation coverage, risk management and workplace safety programs, and human resource administration. BBSI’s partnerships help businesses of all sizes improve the efficiency of their operations. The Company works with more than 7,500 clients across all lines of business in 39 states.

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

March 3, 2023

Grand Rapids-based payroll software firm acquired by Scottish business services company

GRAND RAPIDS — Payroll software business Dominion Programs Inc. has been obtained by a personal fairness-backed business enterprise solutions company in Scotland.&#13

Dominion and AAB have partnered for the previous 5 a long time, with Grand Rapids-dependent Dominion supporting AAB’s worldwide payroll progress designs. Dominion will now work as AAB Payroll Inc., successfully right away, and will be led by Dominion President Chris Andree.

Chris Andree.
LINKEDIN

“It’s exciting to be a aspect of the AAB journey, specially in regard to firmly developing and rising payroll and advisory operations in the United States,” Andree reported in a statement. “Having labored straight with the Payroll and Work Taxes staff over the previous five decades, I have witnessed the immediate expansion in equally scope of assistance and geography very first-hand which undoubtedly is underpinned by a people today initially society and motivation to customer service.”&#13

Conditions of the offer have been undisclosed.&#13

Dominion Methods gives totally integrated, cloud-based mostly software with customizable payroll and human means solutions. It supports a array of industries, together with agriculture, motor vehicle dealerships, wellbeing treatment and foods and beverage.&#13

Previously recognized as Anderson Anderson & Brown and a supplier of vital organization expert services this sort of as accounting, auditing and tax assistance via tech-enabled platforms, AAB has professional quick advancement considering the fact that securing an expenditure from London, U.K.-dependent August Equity in October 2021. Dominion was AAB’s seventh acquisition in the past 16 months.&#13

The deal expands AAB’s get to and is the company’s first acquisition in the U.S., according to a report in Scottish newspaper Push and Journal, which notes AAB’s payroll and world wide mobility team has additional than 100 employees at workplaces in the U.K., the U.S. and Eire. AAB reportedly has yearly earnings of about 65 million lbs ., or about $77.6 million.

AAB Partner and U.S. Tax Exercise Lead Douglas Michael claimed the business is “delighted” to deliver on Dominion.&#13

“We have viewed an growing range of organizations growing to the U.S. above the previous couple several years from the U.K. from start off-ups to recognized organizations demanding our specialist aid in U.S. payroll,” Michael mentioned in a assertion. “Remaining compliant with cross-border payroll has hardly ever been much more complicated and our enhanced group will be ready to assistance any enterprise or individual working in the US.”

March 2, 2023

NEWTEK Business Services (NEWT) Declares $0.18 Dividend

NEWTEK Business Services said on February 27, 2023 that its board of directors declared a regular
quarterly dividend of $0.18 per share ($0.72 annualized).
Shareholders of record as of April 4, 2023
will receive the payment on April 14, 2023.
Previously, the company paid $0.70 per share.

At the current share price of $15.31 / share,
the stock’s dividend yield is 4.70{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Looking back five years and taking a sample every week, the average dividend yield has been
10.62{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550},
the lowest has been 5.50{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550},
and the highest has been 22.07{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.
The standard deviation of yields is 3.21 (n=236).

The current dividend yield is
1.84 standard deviations

below
the historical average.

Additionally, the company’s dividend payout ratio is 2.08.
The payout ratio tells us how much of a company’s income is paid out in dividends. A payout ratio of one (1.0)
means 100{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the company’s income is paid in a dividend.
A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend – not a
healthy situation.
Companies with few growth prospects are expected to pay out most of their income in dividends, which typically
means a payout ratio between 0.5 and 1.0.
Companies with good growth prospects are expected to retain some earnings in order to invest
in those growth prospects, which translates to a payout ratio of zero to 0.5.

The company’s 3-Year dividend growth rate is 0.28{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550},
demonstrating that it has increased its dividend over time.

Learn to Harvest Dividends

Buy Stock. Capture Dividend. Sell Stock. Repeat. This is the essence of dividend harvesting and you can
do it easily with Fintel’s Dividend Capture Calendar.

Analyst Price Forecast Suggests 16.59{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} Upside

As of March 1, 2023,
the average one-year price target for NEWTEK Business Services is $17.85.
The forecasts range from a low of $16.16 to a high of $19.95.
The average price target represents an increase of 16.59{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} from its latest reported closing price of $15.31.

The projected annual revenue for NEWTEK Business Services
is $121MM, an increase of 40.45{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

The projected annual EPS
is $3.03, an increase of 126.07{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

What is the Fund Sentiment?

There are 83 funds or institutions reporting positions in NEWTEK Business Services.

This is a decrease
of
3
owner(s) or 3.49{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the last quarter.

Average portfolio weight of all funds dedicated to NEWT is 0.12{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550},
an increase
of 8.37{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Total shares owned by institutions increased
in the last three months by 20.20{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} to 5,504K shares.

The put/call ratio of NEWT is 1.27, indicating a

bearish
outlook.

What are large shareholders doing?

Royce & Associates
holds 1,021K shares

representing 4.18{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} ownership of the company.

In it’s prior filing, the firm reported owning 446K shares, representing
an increase
of 56.28{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

The firm

increased

its portfolio allocation in NEWT by 110.48{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} over the last quarter.

Invesco
holds 684K shares

representing 2.80{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} ownership of the company.

In it’s prior filing, the firm reported owning 682K shares, representing
an increase
of 0.28{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

The firm

decreased

its portfolio allocation in NEWT by 99.99{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} over the last quarter.

KBWD – Invesco KBW High Dividend Yield Financial ETF
holds 665K shares

representing 2.72{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} ownership of the company.

In it’s prior filing, the firm reported owning 679K shares, representing
a decrease
of 2.13{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

The firm

decreased

its portfolio allocation in NEWT by 3.48{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} over the last quarter.

RYTRX – Royce Total Return Fund Investment Class
holds 443K shares

representing 1.81{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} ownership of the company.

In it’s prior filing, the firm reported owning 0K shares, representing
an increase
of 100.00{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Susquehanna International Group, Llp
holds 400K shares

representing 1.64{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} ownership of the company.

In it’s prior filing, the firm reported owning 0K shares, representing
an increase
of 100.00{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Newtek Business Services Background Information
(This description is provided by the company.)

Newtek Business Services Corp., Your Business Solutions Company®, is an internally managed BDC, which along with its controlled portfolio companies, provides a wide range of business and financial solutions under the Newtek® brand to the small- and medium-sized business (‘SMB’) market. Since 1999, Newtek has provided state-of-the-art, cost-efficient products and services and efficient business strategies to SMB relationships across all 50 states to help them grow their sales, control their expenses and reduce their risk.
Newtek’s and its portfolio companies’ products and services include: Business Lending, SBA Lending Solutions, Electronic Payment Processing, Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting), eCommerce, Accounts Receivable Financing & Inventory Financing, Insurance Solutions, Web Services, and Payroll and Benefits Solutions.
Newtek® and Your Business Solutions Company®, are registered trademarks of Newtek Business Services Corp.

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tag: services

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