<div id="readability-page-1"><p>Shares of Barrett Business Services, Inc. (NASDAQ:BBSI - Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $35.03 and last traded at $34.85, with a volume of 11336 shares traded. The stock had previously closed at $34.55.</p><h2>Wall Street Analyst Weigh In</h2><p>Several research analysts recently weighed in on BBSI shares. Barrington Research restated an &#34;outperform&#34; rating and issued a $35.25 price objective on shares of Barrett Business Services in a research report on Tuesday, May 28th. StockNews.com cut shares of Barrett Business Services from a &#34;strong-buy&#34; rating to a &#34;buy&#34; rating in a research report on Wednesday, May 29th. Finally, Sidoti cut shares of Barrett Business Services from a &#34;buy&#34; rating to a &#34;neutral&#34; rating and set a $35.00 price objective on the stock. in a research report on Wednesday, June 5th.</p><p><b>Get Our Latest Report on Barrett Business Services</b></p><h2>Barrett Business Services Stock Up 2.4 %</h2><p>The business's 50-day simple moving average is $32.75 and its 200 day simple moving average is $30.72. The firm has a market capitalization of $926.16 million, a P/E ratio of 19.17, a PEG ratio of 1.22 and a beta of 1.38. </p><p>Barrett Business Services (NASDAQ:BBSI - Get Free Report) last issued its quarterly earnings results on Wednesday, May 1st. The business services provider reported $0.00 EPS for the quarter, beating analysts' consensus estimates of ($0.08) by $0.08. Barrett Business Services had a net margin of 4.60% and a return on equity of 26.58%. The business had revenue of $265.78 million for the quarter, compared to analysts' expectations of $1.88 billion. During the same period last year, the business earned $0.03 earnings per share. Sell-side analysts predict that Barrett Business Services, Inc. will post 1.99 earnings per share for the current year. </p><h2>Barrett Business Services Cuts Dividend</h2><p>The firm also recently declared a quarterly dividend, which was paid on Friday, May 31st. Shareholders of record on Friday, May 17th were given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date was Thursday, May 16th. Barrett Business Services's payout ratio is currently 16.46%. </p><h2>Insider Buying and Selling at Barrett Business Services</h2><p>In other Barrett Business Services news, Director Thomas B. Cusick sold 2,400 shares of the stock in a transaction that occurred on Monday, June 10th. The shares were sold at an average price of $33.01, for a total transaction of $79,230.00. Following the transaction, the director now directly owns 26,192 shares in the company, valued at $864,663.40. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through this hyperlink. Company insiders own 3.70% of the company's stock. </p><h2>Institutional Inflows and Outflows</h2><p>Institutional investors and hedge funds have recently made changes to their positions in the company. AJOVista LLC bought a new position in shares of Barrett Business Services in the fourth quarter worth approximately $27,000. CWM LLC grew its holdings in shares of Barrett Business Services by 12,014.3% in the second quarter. CWM LLC now owns 848 shares of the business services provider's stock worth $28,000 after purchasing an additional 841 shares during the last quarter. Virtu Financial LLC bought a new position in shares of Barrett Business Services in the first quarter worth approximately $227,000. Arizona State Retirement System bought a new position in shares of Barrett Business Services in the fourth quarter worth approximately $218,000. Finally, SG Americas Securities LLC bought a new position in shares of Barrett Business Services in the fourth quarter worth approximately $226,000. Institutional investors own 86.76% of the company's stock. </p><h2>Barrett Business Services Company Profile</h2> (Get Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Barrett Business Services</li><li>3 Home Improvement Stocks that Can Upgrade Your Portfolio</li><li>ScottsMiracle-Gro Stock Blooms After Investor Day Optimism </li><li>How to Capture the Benefits of Dividend Increases</li><li>Leading Beverage Company's Stock Bubbles Higher: Rally Ahead</li><li>Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?</li><li>Can This Meme Stock Stage One Last Rally?</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. 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MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Barrett Business Services wasn't on the list.</p><p>While Barrett Business Services currently has a &#34;Moderate Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p> </div>

BBSI

<p>Barrett Business Services (NASDAQ:BBSI) reached a new 52-week high at $35.03, with a volume of 11336 shares traded. Several research analysts have weighed in on BBSI shares. The company recently declared a quarterly dividend. Director Thomas B. Cusick sold 2,400 shares of the stock. Institutional investors and hedge funds have made changes to their positions in the company. The company develops a management platform for small and mid-sized companies in the United States.</p>

Barrett Business Services (NASDAQ:BBSI) Reaches New 1-Year High at $35.03