1 week Ago By ABMN Staff
KLP Kapitalforvaltning AS bought a new stake in shares of Barrett Business Services, Inc. ( NASDAQ:BBSI – Free Report ) in the 4th quarter, HoldingsChannel reports. The fund bought 4,800 shares of the business services provider’s stock, valued at approximately $209,000.
A number of other hedge funds also recently made changes to their positions in BBSI. BNP Paribas Financial Markets raised its position in Barrett Business Services by 5.8% in the third quarter.
BNP Paribas Financial Markets now owns 12,310 shares of the business services provider’s stock worth $462,000 after acquiring an additional 679 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Barrett Business Services by 81.6% during the 3rd quarter.
Zurcher Kantonalbank Zurich Cantonalbank now owns 5,955 shares of the business services provider’s stock worth $223,000 after purchasing an additional 2,675 shares during the last quarter. Verition Fund Management LLC bought a new stake in shares of Barrett Business Services in the 3rd quarter worth approximately $246,000. Barclays PLC lifted its stake in Barrett Business Services by 42.
9% in the third quarter. Barclays PLC now owns 61,332 shares of the business services provider’s stock valued at $2,300,000 after purchasing an additional 18,414 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in Barrett Business Services by 4.
8% during the third quarter. Geode Capital Management LLC now owns 705,598 shares of the business services provider’s stock valued at $26,471,000 after purchasing an additional 32,632 shares during the period. 86.
76% of the stock is currently owned by institutional investors. Barrett Business Services Stock Performance NASDAQ:BBSI opened at $39.24 on Tuesday.
Barrett Business Services, Inc. has a 52-week low of $28.42 and a 52-week high of $44.
97. The business’s fifty day moving average is $41.17 and its 200 day moving average is $40.
88. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 20.
71, a PEG ratio of 1.21 and a beta of 1.09.
Barrett Business Services Announces Dividend Wall Street Analyst Weigh In Several analysts have issued reports on the company. StockNews.com upgraded Barrett Business Services from a “hold” rating to a “buy” rating in a research note on Friday, March 7th.
Barrington Research restated an “outperform” rating and issued a $45.00 price objective on shares of Barrett Business Services in a research note on Wednesday, March 12th. Read Our Latest Research 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. Recommended Stories Want to see what other hedge funds are holding BBSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Barrett Business Services, Inc.
( NASDAQ:BBSI – Free Report ). 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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