Los Angeles Capital Management LLC Has $1.12 Million Stake in Exponent, Inc. (NASDAQ:EXPO)

Los Angeles Capital Management LLC increased its position in Exponent, Inc. (NASDAQ:EXPO - Free Report) by 33.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,559 shares of the business services provider's stock after purchasing an additional 3,125 shares during the quarter. Los Angeles Capital Management LLC's holdings in Exponent were worth $1,119,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the company. Westside Investment Management Inc. bought a new stake in shares of Exponent during the 3rd quarter worth about $26,000. Trust Co. of Vermont acquired a new stake in Exponent during the fourth quarter worth approximately $45,000. Anchor Investment Management LLC bought a new stake in shares of Exponent during the third quarter worth approximately $64,000. Quarry LP grew its position in shares of Exponent by 127.9% in the third quarter. Quarry LP now owns 604 shares of the business services provider's stock valued at $70,000 after purchasing an additional 339 shares during the last quarter. Finally, Mather Group LLC. increased its stake in shares of Exponent by 14.9% during the fourth quarter. Mather Group LLC. now owns 1,512 shares of the business services provider's stock worth $135,000 after purchasing an additional 196 shares during the period. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Exponent

In other Exponent news, VP Richard Reiss sold 1,736 shares of the business's stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $85.93, for a total transaction of $149,174.48. Following the completion of the transaction, the vice president now directly owns 1,800 shares in the company, valued at $154,674. The trade was a 49.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.10% of the stock is currently owned by insiders.

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Exponent Trading Up 0.6 %

Shares of NASDAQ:EXPO traded up $0.48 on Wednesday, reaching $83.73. 306,443 shares of the company's stock were exchanged, compared to its average volume of 248,075. Exponent, Inc. has a twelve month low of $77.21 and a twelve month high of $115.75. The company has a fifty day moving average of $89.51 and a 200-day moving average of $98.59. The company has a market capitalization of $4.25 billion, a price-to-earnings ratio of 39.50 and a beta of 0.71.

Exponent (NASDAQ:EXPO - Get Free Report) last released its earnings results on Thursday, February 6th. The business services provider reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.06. Exponent had a return on equity of 27.27% and a net margin of 19.52%. During the same quarter last year, the company posted $0.41 EPS. As a group, equities research analysts forecast that Exponent, Inc. will post 1.98 EPS for the current fiscal year.

Exponent Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, March 7th will be given a $0.30 dividend. The ex-dividend date of this dividend is Friday, March 7th. This is a boost from Exponent's previous quarterly dividend of $0.28. This represents a $1.20 annualized dividend and a dividend yield of 1.43%. Exponent's payout ratio is presently 56.60%.

Exponent Profile

Exponent, Inc, together with its subsidiaries, operates as a science and engineering consulting company in the United States and internationally. The company operates in two segments, Engineering and Other Scientific, and Environmental and Health. The Engineering and Other Scientific segment provides services in the areas of biomechanics, biomedical engineering and sciences, buildings and structures, civil engineering, construction consulting, data sciences, electrical engineering and computer science, human factors, materials and corrosion engineering, mechanical engineering, polymer science and materials chemistry, thermal sciences, and vehicle engineering.