2 weeks Ago By ABMN Staff
Legal & General Group Plc decreased its holdings in shares of Barrett Business Services, Inc. ( NASDAQ:BBSI – Free Report ) by 3.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The fund owned 38,670 shares of the business services provider’s stock after selling 1,213 shares during the quarter. Legal & General Group Plc owned approximately 0.15% of Barrett Business Services worth $1,680,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BBSI. Inceptionr LLC lifted its stake in shares of Barrett Business Services by 3.9% during the 4th quarter.
Inceptionr LLC now owns 6,939 shares of the business services provider’s stock worth $301,000 after buying an additional 262 shares during the last quarter. Swiss National Bank lifted its position in Barrett Business Services by 1.0% during the fourth quarter.
Swiss National Bank now owns 51,400 shares of the business services provider’s stock worth $2,233,000 after acquiring an additional 500 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in shares of Barrett Business Services by 1.
0% during the fourth quarter. Victory Capital Management Inc. now owns 51,754 shares of the business services provider’s stock worth $2,248,000 after acquiring an additional 530 shares during the period.
Franklin Resources Inc. grew its position in shares of Barrett Business Services by 1.7% in the third quarter.
Franklin Resources Inc. now owns 42,790 shares of the business services provider’s stock valued at $1,590,000 after purchasing an additional 704 shares during the last quarter. Finally, Hillsdale Investment Management Inc.
grew its position in shares of Barrett Business Services by 0.5% in the fourth quarter. Hillsdale Investment Management Inc.
now owns 164,780 shares of the business services provider’s stock valued at $7,158,000 after purchasing an additional 800 shares during the last quarter. 86.76% of the stock is owned by institutional investors.
Barrett Business Services Trading Up 0.2 % Shares of BBSI stock opened at $40.53 on Friday.
The stock has a 50 day simple moving average of $40.22 and a 200 day simple moving average of $41.13.
Barrett Business Services, Inc. has a 1 year low of $28.42 and a 1 year high of $44.
97. The stock has a market cap of $1.05 billion, a P/E ratio of 21.
39, a price-to-earnings-growth ratio of 1.21 and a beta of 1.09.
Barrett Business Services Announces Dividend Analysts Set New Price Targets Several research firms recently issued reports on BBSI. StockNews.com upgraded Barrett Business Services from a “hold” rating to a “buy” rating in a research note on Friday, March 7th.
Barrington Research reissued an “outperform” rating and issued a $45.00 target price on shares of Barrett Business Services in a research report on Wednesday, March 12th. View Our Latest Stock Report on BBSI Barrett Business Services Profile ( Free Report ) 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. Featured Stories Receive News & Ratings for Barrett Business Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barrett Business Services and related companies with MarketBeat.com's FREE daily email newsletter .
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