CRA International, Inc. (NASDAQ:CRAI) Shares Sold by Isthmus Partners LLC

Isthmus Partners LLC reduced its position in CRA International, Inc. (NASDAQ:CRAI) by 0.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 20,919 shares of the business services provider’s stock after selling 150 shares during the quarter. Isthmus Partners LLC’s holdings in CRA International were worth $3,916,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the stock. Eagle Asset Management Inc. increased its position in shares of CRA International by 178.8% in the 3rd quarter. Eagle Asset Management Inc. now owns 148,221 shares of the business services provider’s stock worth $25,986,000 after purchasing an additional 95,050 shares during the last quarter. Lord Abbett & CO. LLC raised its position in shares of CRA International by 41.9% during the 3rd quarter. Lord Abbett & CO. LLC now owns 78,136 shares of the business services provider’s stock worth $13,699,000 after buying an additional 23,078 shares in the last quarter. BNP Paribas Financial Markets boosted its position in shares of CRA International by 102.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 5,348 shares of the business services provider’s stock valued at $938,000 after purchasing an additional 2,700 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of CRA International by 1.0% in the third quarter. Geode Capital Management LLC now owns 161,208 shares of the business services provider’s stock valued at $28,268,000 after buying an additional 1,559 shares in the last quarter. Finally, Martingale Asset Management L P boosted its position in shares of CRA International by 20.6% in the 3rd quarter. Martingale Asset Management L P now owns 8,535 shares of the business services provider’s stock valued at $1,496,000 after purchasing an additional 1,460 shares during the period. Institutional investors and hedge funds own 84.13% of the company’s stock.

CRA International Trading Up 0.4 %

Shares of NASDAQ CRAI opened at $186.06 on Monday. The business has a fifty day simple moving average of $188.03 and a 200 day simple moving average of $184.46. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of 27.61, a PEG ratio of 1.75 and a beta of 1.09. CRA International, Inc. has a one year low of $133.54 and a one year high of $214.01.

CRA International (NASDAQ:CRAI) last released its quarterly earnings results on Thursday, February 20th. The business services provider reported $2.03 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.44. The business had revenue of $176.44 million for the quarter, compared to analyst estimates of $166.29 million. CRA International had a return on equity of 25.95% and a net margin of 6.79%. On average, research analysts anticipate that CRA International, Inc. will post 7.52 earnings per share for the current fiscal year.

CRA International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Tuesday, March 4th will be paid a dividend of $0.49 per share. The ex-dividend date is Tuesday, March 4th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.05%. CRA International’s dividend payout ratio (DPR) is presently 29.08%.

Insider Activity at CRA International

In other news, EVP Jonathan D. Yellin sold 1,750 shares of CRA International stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $190.51, for a total transaction of $333,392.50. Following the completion of the transaction, the executive vice president now directly owns 19,063 shares in the company, valued at approximately $3,631,692.13. The trade was a 8.41 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Paul A. Maleh sold 2,000 shares of the company’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $199.37, for a total transaction of $398,740.00. Following the completion of the transaction, the chief executive officer now owns 153,806 shares in the company, valued at approximately $30,664,302.22. This represents a 1.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 12,350 shares of company stock worth $2,394,183. 5.20% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Separately, Barrington Research upped their target price on CRA International from $212.00 to $224.00 and gave the stock an “outperform” rating in a research report on Monday, February 24th.

About CRA International

CRA International, Inc, together with its subsidiaries, provides economic, financial, and management consulting services worldwide. It advises clients on economic and financial matters pertaining to litigation and regulatory proceedings; and guides corporations through business strategy and performance-related issues.