XTX Topco Ltd Buys Shares of 14,872 Barrett Business Services, Inc. (NASDAQ:BBSI)

XTX Topco Ltd acquired a new stake in shares of Barrett Business Services, Inc. (NASDAQ:BBSI - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 14,872 shares of the business services provider's stock, valued at approximately $646,000. XTX Topco Ltd owned approximately 0.06% of Barrett Business Services as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of BBSI. Barclays PLC lifted its stake in Barrett Business Services by 5.6% during the fourth quarter. Barclays PLC now owns 64,738 shares of the business services provider's stock worth $2,812,000 after purchasing an additional 3,406 shares in the last quarter. Aristides Capital LLC purchased a new position in Barrett Business Services in the fourth quarter worth $337,000. Wells Fargo & Company MN raised its stake in shares of Barrett Business Services by 33.6% during the 4th quarter. Wells Fargo & Company MN now owns 15,942 shares of the business services provider's stock worth $693,000 after buying an additional 4,008 shares during the last quarter. Franklin Resources Inc. raised its stake in Barrett Business Services by 17.1% in the 4th quarter. Franklin Resources Inc. now owns 50,091 shares of the business services provider's stock valued at $2,176,000 after purchasing an additional 7,301 shares during the last quarter. Finally, Prudent Man Investment Management Inc. purchased a new stake in Barrett Business Services in the 4th quarter valued at about $35,000. Hedge funds and other institutional investors own 86.76% of the company's stock.

Barrett Business Services Trading Up 0.7 %

Shares of BBSI traded up $0.30 during trading hours on Thursday, hitting $40.65. 35,944 shares of the stock traded hands, compared to its average volume of 138,531. Barrett Business Services, Inc. has a 1-year low of $28.42 and a 1-year high of $44.97. The firm has a market capitalization of $1.05 billion, a PE ratio of 21.46, a price-to-earnings-growth ratio of 1.21 and a beta of 1.09. The business has a fifty day moving average of $40.27 and a 200-day moving average of $41.08.

Barrett Business Services Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.79%. The ex-dividend date was Friday, March 14th. Barrett Business Services's payout ratio is 16.08%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Barrington Research restated an "outperform" rating and issued a $45.00 target price on shares of Barrett Business Services in a research note on Wednesday, March 12th. StockNews.com upgraded shares of Barrett Business Services from a "hold" rating to a "buy" rating in a research report on Friday, March 7th.

About Barrett Business Services

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.