Barrett Business Services Inc. (NASDAQ:BBSI) announced a dividend on Thursday, November 10th. Stockholders of record on Tuesday, November 22nd will be given a dividend of 0.22 per share on Tuesday, December 6th. The ex-dividend date is Friday, November 18th.

Shares of Barrett Business Services (NASDAQ:BBSI) opened at 52.58 on Friday. The firm has a market capitalization of $380.84 million, a PE ratio of 16.84 and a beta of 0.94. Barrett Business Services has a 1-year low of $22.55 and a 1-year high of $53.28. The stock has a 50 day moving average price of $47.04 and a 200 day moving average price of $41.89.

Dividend History for Barrett Business Services (NASDAQ:BBSI)

Several large investors have recently modified their holdings of BBSI. Vanguard Group Inc. boosted its stake in shares of Barrett Business Services by 3.4% in the second quarter. Vanguard Group Inc. now owns 299,740 shares of the company’s stock valued at $12,385,000 after buying an additional 9,733 shares during the period. BlackRock Fund Advisors boosted its stake in Barrett Business Services by 5.5% in the third quarter. BlackRock Fund Advisors now owns 194,811 shares of the company’s stock valued at $9,665,000 after buying an additional 10,122 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in Barrett Business Services by 1.3% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 175,482 shares of the company’s stock valued at $8,706,000 after buying an additional 2,209 shares during the last quarter. Northern Trust Corp boosted its stake in Barrett Business Services by 0.7% in the third quarter. Northern Trust Corp now owns 174,386 shares of the company’s stock valued at $8,651,000 after buying an additional 1,146 shares during the last quarter. Finally, Morgan Stanley boosted its stake in Barrett Business Services by 1.5% in the third quarter. Morgan Stanley now owns 87,285 shares of the company’s stock valued at $4,331,000 after buying an additional 1,310 shares during the last quarter. Institutional investors and hedge funds own 66.58% of the company’s stock.

Separately, TheStreet upgraded Barrett Business Services from a “hold” rating to a “buy” rating in a research note on Wednesday, August 17th.

About Barrett Business Services

Barrett Business Services, Inc (BBSI) is a provider of business management solutions for small and mid-sized companies. The Company has developed a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry.

5 Day Chart for NASDAQ:BBSI

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