CRA International, Inc. (NASDAQ:CRAI - Get Free Report) EVP Jonathan D. Yellin sold 1,750 shares of the business's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $190.51, for a total transaction of $333,392.50. Following the sale, the executive vice president now directly owns 19,063 shares of the company's stock, valued at approximately $3,631,692.13. The trade was a 8.41 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
CRA International Stock Up 3.4 %
NASDAQ:CRAI traded up $5.88 during trading hours on Tuesday, hitting $180.16. 39,068 shares of the company traded hands, compared to its average volume of 36,852. CRA International, Inc. has a one year low of $133.54 and a one year high of $214.01. The company has a market cap of $1.22 billion, a PE ratio of 26.51, a PEG ratio of 1.75 and a beta of 1.09. The firm's 50-day simple moving average is $187.81 and its 200-day simple moving average is $184.55.
CRA International (NASDAQ:CRAI - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The business services provider reported $2.03 EPS for the quarter, beating analysts' consensus estimates of $1.59 by $0.44. The company had revenue of $176.44 million during the quarter, compared to the consensus estimate of $166.29 million. CRA International had a return on equity of 25.95% and a net margin of 6.79%. As a group, equities research analysts expect that CRA International, Inc. will post 7.52 EPS for the current year.
CRA International Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Tuesday, March 4th will be issued a $0.49 dividend. This represents a $1.96 annualized dividend and a yield of 1.09%. The ex-dividend date is Tuesday, March 4th. CRA International's dividend payout ratio (DPR) is presently 29.08%.
Hedge Funds Weigh In On CRA International
A number of large investors have recently made changes to their positions in the stock. Geode Capital Management LLC lifted its holdings in CRA International by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 161,208 shares of the business services provider's stock worth $28,268,000 after purchasing an additional 1,559 shares in the last quarter. Eagle Asset Management Inc. raised its position in shares of CRA International by 178.8% in the third quarter. Eagle Asset Management Inc. now owns 148,221 shares of the business services provider's stock worth $25,986,000 after buying an additional 95,050 shares in the last quarter. Lord Abbett & CO. LLC boosted its stake in CRA International by 41.9% during the third quarter. Lord Abbett & CO. LLC now owns 78,136 shares of the business services provider's stock valued at $13,699,000 after buying an additional 23,078 shares during the period. United Capital Financial Advisors LLC purchased a new stake in CRA International in the fourth quarter valued at approximately $9,389,000. Finally, Foundry Partners LLC lifted its holdings in shares of CRA International by 56.0% during the 4th quarter. Foundry Partners LLC now owns 29,115 shares of the business services provider's stock worth $5,450,000 after acquiring an additional 10,455 shares during the last quarter. 84.13% of the stock is owned by institutional investors.
Analyst Ratings Changes
Separately, Barrington Research boosted their price objective on CRA International from $212.00 to $224.00 and gave the stock an "outperform" rating in a report on Monday, February 24th.
Check Out Our Latest Analysis on CRA International
CRA International Company Profile
(
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CRA International, Inc, together with its subsidiaries, provides economic, financial, and management consulting services worldwide. It advises clients on economic and financial matters pertaining to litigation and regulatory proceedings; and guides corporations through business strategy and performance-related issues.
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