Spinnaker Trust decreased its holdings in CRA International, Inc. (NASDAQ:CRAI - Free Report) by 53.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,681 shares of the business services provider's stock after selling 19,980 shares during the quarter. Spinnaker Trust owned 0.26% of CRA International worth $3,310,000 as of its most recent filing with the SEC.
A number of other hedge funds have also made changes to their positions in the company. Arkadios Wealth Advisors grew its holdings in CRA International by 48.7% during the 3rd quarter. Arkadios Wealth Advisors now owns 4,460 shares of the business services provider's stock worth $782,000 after acquiring an additional 1,460 shares during the last quarter. Harbor Capital Advisors Inc. boosted its stake in shares of CRA International by 2.9% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 3,095 shares of the business services provider's stock valued at $543,000 after purchasing an additional 86 shares during the last quarter. Foundry Partners LLC boosted its stake in shares of CRA International by 1.0% in the 3rd quarter. Foundry Partners LLC now owns 18,660 shares of the business services provider's stock valued at $3,271,000 after purchasing an additional 180 shares during the last quarter. Eagle Asset Management Inc. boosted its stake in shares of CRA International by 178.8% in the 3rd quarter. Eagle Asset Management Inc. now owns 148,221 shares of the business services provider's stock valued at $25,986,000 after purchasing an additional 95,050 shares during the last quarter. Finally, Quantbot Technologies LP bought a new position in shares of CRA International in the 3rd quarter valued at about $164,000. Institutional investors and hedge funds own 84.13% of the company's stock.
CRA International Stock Up 0.1 %
Shares of NASDAQ:CRAI traded up $0.24 during midday trading on Wednesday, hitting $189.43. The stock had a trading volume of 26,450 shares, compared to its average volume of 30,814. CRA International, Inc. has a 12 month low of $110.07 and a 12 month high of $210.70. The business's 50-day simple moving average is $187.33 and its 200-day simple moving average is $181.21. The company has a market cap of $1.28 billion, a P/E ratio of 30.65, a PEG ratio of 1.63 and a beta of 1.13.
Analyst Upgrades and Downgrades
CRAI has been the topic of several recent research reports. Barrington Research raised their target price on shares of CRA International from $194.00 to $212.00 and gave the company an "outperform" rating in a research note on Friday, November 8th. StockNews.com downgraded shares of CRA International from a "buy" rating to a "hold" rating in a research report on Friday, November 1st.
Check Out Our Latest Research Report on CRAI
About CRA International
(
Free Report)
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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