Robeco Institutional Asset Management B.V. Makes New $235,000 Investment in Barrett Business Services, Inc. (NASDAQ:BBSI)
Robeco Institutional Asset Administration B.V. bought a new placement in Barrett Business enterprise Services, Inc. (NASDAQ:BBSI – Get Ranking) through the 3rd quarter, according to its most current disclosure with the Securities and Exchange Commission. The fund obtained 3,017 shares of the small business solutions provider’s stock, valued at about $235,000.
A amount of other big buyers have also acquired and offered shares of BBSI. Captrust Fiscal Advisors increased its stake in shares of Barrett Business enterprise Products and services by 1.4{3df20c542cc6b6b63f1c547f8fb389a9f235bb0504150b9df2ff264aa9a6c16c} all through the initially quarter. Captrust Economical Advisors now owns 11,904 shares of the company services provider’s inventory valued at $926,000 just after acquiring an additional 170 shares throughout the period of time. Lazard Asset Management LLC boosted its placement in shares of Barrett Enterprise Expert services by 26.9{3df20c542cc6b6b63f1c547f8fb389a9f235bb0504150b9df2ff264aa9a6c16c} all through the to start with quarter. Lazard Asset Management LLC now owns 1,029 shares of the company services provider’s stock valued at $79,000 just after obtaining an supplemental 218 shares in the last quarter. Lawful & Normal Team Plc boosted its position in shares of Barrett Enterprise Services by 8.3{3df20c542cc6b6b63f1c547f8fb389a9f235bb0504150b9df2ff264aa9a6c16c} all through the second quarter. Legal & Normal Group Plc now owns 3,348 shares of the enterprise expert services provider’s stock valued at $244,000 just after paying for an additional 256 shares in the past quarter. Dorsey Wright & Associates bought a new stake in shares of Barrett Business enterprise Providers during the second quarter valued at roughly $36,000. Last but not least, PNC Fiscal Expert services Team Inc. boosted its posture in shares of Barrett Business Solutions by 4,307.1{3df20c542cc6b6b63f1c547f8fb389a9f235bb0504150b9df2ff264aa9a6c16c} during the first quarter. PNC Money Companies Team Inc. now owns 617 shares of the organization products and services provider’s inventory valued at $49,000 soon after buying an extra 603 shares in the past quarter. 86.40{3df20c542cc6b6b63f1c547f8fb389a9f235bb0504150b9df2ff264aa9a6c16c} of the inventory is owned by hedge funds and other institutional investors.
Wall Road Analyst Weigh In
Separately, StockNews.com raised Barrett Organization Companies from a “buy” ranking to a “powerful-get” rating in a report on Friday, November 4th.
Barrett Business enterprise Services Selling price Effectiveness
BBSI inventory opened at $97.53 on Friday. Barrett Business Companies, Inc. has a 1-yr low of $57.76 and a 1-yr higher of $100.79. The company has a fifty day transferring normal price of $95.32 and a 200-working day transferring regular selling price of $85.70. The stock has a marketplace capitalization of $678.81 million, a P/E ratio of 15.31, a P/E/G ratio of .96 and a beta of 1.31.
Barrett Business enterprise Solutions (NASDAQ:BBSI – Get Rating) last posted its quarterly earnings results on Wednesday, November 2nd. The company companies company noted $2.45 earnings for each share for the quarter, topping the consensus estimate of $2.17 by $.28. Barrett Business enterprise Products and services experienced a return on equity of 25.05{3df20c542cc6b6b63f1c547f8fb389a9f235bb0504150b9df2ff264aa9a6c16c} and a net margin of 4.46{3df20c542cc6b6b63f1c547f8fb389a9f235bb0504150b9df2ff264aa9a6c16c}. The company had income of $1.91 billion through the quarter, compared to analysts’ anticipations of $1.87 billion. As a team, analysts anticipate that Barrett Business Expert services, Inc. will submit 6.55 earnings for every share for the present-day yr.
Barrett Business Providers Announces Dividend
The company also lately declared a quarterly dividend, which was paid out on Friday, December 2nd. Stockholders of file on Friday, November 18th ended up paid a $.30 dividend. This signifies a $1.20 annualized dividend and a dividend generate of 1.23{3df20c542cc6b6b63f1c547f8fb389a9f235bb0504150b9df2ff264aa9a6c16c}. The ex-dividend day of this dividend was Thursday, November 17th. Barrett Business Services’s dividend payout ratio is at present 18.84{3df20c542cc6b6b63f1c547f8fb389a9f235bb0504150b9df2ff264aa9a6c16c}.
Barrett Business enterprise Expert services Profile
Barrett Small business Expert services, Inc provides company administration alternatives for tiny and mid-sized corporations in the United States. The business develops a administration system that integrates a knowledge-centered technique from the management consulting industry with equipment from the human resource outsourcing marketplace.
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