Y Intercept Hong Kong Ltd Purchases Shares of 5,159 Exponent, Inc. (NASDAQ:EXPO)

Y Intercept Hong Kong Ltd acquired a new position in shares of Exponent, Inc. (NASDAQ:EXPO - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 5,159 shares of the business services provider's stock, valued at approximately $460,000.

Other large investors also recently added to or reduced their stakes in the company. Westside Investment Management Inc. purchased a new stake in shares of Exponent in the third quarter worth approximately $26,000. Trust Co. of Vermont purchased a new stake in Exponent in the 4th quarter worth approximately $45,000. Anchor Investment Management LLC acquired a new stake in shares of Exponent during the 3rd quarter valued at $64,000. Quarry LP boosted its stake in shares of Exponent by 127.9% during the 3rd quarter. Quarry LP now owns 604 shares of the business services provider's stock valued at $70,000 after buying an additional 339 shares during the period. Finally, Mather Group LLC. grew its holdings in shares of Exponent by 14.9% during the 4th quarter. Mather Group LLC. now owns 1,512 shares of the business services provider's stock valued at $135,000 after acquiring an additional 196 shares in the last quarter. 92.37% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, VP Richard Reiss sold 1,736 shares of Exponent stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $85.93, for a total value of $149,174.48. Following the completion of the sale, the vice president now owns 1,800 shares of the company's stock, valued at approximately $154,674. The trade was a 49.10 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.10% of the company's stock.

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Exponent Stock Performance

Shares of NASDAQ EXPO traded down $1.19 during mid-day trading on Thursday, reaching $82.54. The company had a trading volume of 190,920 shares, compared to its average volume of 246,465. The stock has a market capitalization of $4.19 billion, a PE ratio of 38.88 and a beta of 0.71. Exponent, Inc. has a twelve month low of $77.21 and a twelve month high of $115.75. The stock's 50 day moving average is $89.51 and its 200-day moving average is $98.59.

Exponent (NASDAQ:EXPO - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The business services provider reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates 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 in the prior year, the firm posted $0.41 earnings per share. On average, sell-side analysts anticipate that Exponent, Inc. will post 1.98 EPS for the current year.

Exponent Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be paid a $0.30 dividend. The ex-dividend date is Friday, March 7th. This is a boost from Exponent's previous quarterly dividend of $0.28. This represents a $1.20 dividend on an annualized basis and a yield of 1.45%. Exponent's payout ratio is 56.60%.

About Exponent

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.