Barrett Business Services, Inc. (NASDAQ:bbsi) announced a quarterly dividend on Tuesday, May 9th, NASDAQ reports. Shareholders of record on Monday, May 22nd will be paid a dividend of 0.25 per share by the business services provider on Monday, June 5th. This represents a $1.00 annualized dividend and a yield of 1.74%. The ex-dividend date is Thursday, May 18th.

Shares of Barrett Business Services (NASDAQ BBSI) traded down 0.41% during mid-day trading on Friday, reaching $57.63. The company’s stock had a trading volume of 48,561 shares. Barrett Business Services has a one year low of $36.70 and a one year high of $66.93. The firm has a market cap of $417.88 million, a PE ratio of 27.33 and a beta of 1.36. The firm’s 50 day moving average is $57.64 and its 200 day moving average is $59.08.

Dividend History for Barrett Business Services (NASDAQ:bbsi)

TRADEMARK VIOLATION WARNING: This piece was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece on another publication, it was illegally copied and republished in violation of United States and international trademark & copyright laws. The legal version of this piece can be accessed at https://www.thecerbatgem.com/2017/06/16/barrett-business-services-inc-bbsi-to-go-ex-dividend-on-may-18th-updated-updated-updated.html.

Separately, TheStreet downgraded shares of Barrett Business Services from a “b-” rating to a “c+” rating in a report on Monday, April 3rd.

In other news, Director Anthony Meeker sold 1,000 shares of the company’s stock in a transaction on Thursday, June 8th. The shares were sold at an average price of $58.11, for a total value of $58,110.00. Following the completion of the transaction, the director now directly owns 11,473 shares in the company, valued at $666,696.03. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 5.20% of the stock is owned by insiders.

Several institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP raised its stake in Barrett Business Services by 18.3% in the first quarter. Dimensional Fund Advisors LP now owns 230,636 shares of the business services provider’s stock worth $12,597,000 after buying an additional 35,623 shares during the period. Vanguard Group Inc. increased its stake in shares of Barrett Business Services by 7.1% in the first quarter. Vanguard Group Inc. now owns 346,300 shares of the business services provider’s stock valued at $18,915,000 after buying an additional 23,028 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Barrett Business Services by 12.2% in the first quarter. Geode Capital Management LLC now owns 81,039 shares of the business services provider’s stock valued at $4,426,000 after buying an additional 8,806 shares during the last quarter. Schwab Charles Investment Management Inc. increased its stake in shares of Barrett Business Services by 22.0% in the first quarter. Schwab Charles Investment Management Inc. now owns 28,045 shares of the business services provider’s stock valued at $1,532,000 after buying an additional 5,048 shares during the last quarter. Finally, Morgan Stanley boosted its position in shares of Barrett Business Services by 1.5% in the first quarter. Morgan Stanley now owns 75,410 shares of the business services provider’s stock worth $4,119,000 after buying an additional 1,091 shares during the last quarter. Institutional investors own 73.41% of the company’s stock.

Barrett Business Services Company Profile

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.

Receive News & Stock Ratings for Barrett Business Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barrett Business Services Inc. and related stocks with our FREE daily email newsletter.