As Barrett Business Services (BBSI) Market Value Rose, Shareholder Tieton Capital Management LLC Has Lowered Position by $6.88 Million

July 14, 2018 - By Richard Conner

Investors sentiment increased to 1.36 in 2018 Q1. Its up 0.04, from 1.32 in 2017Q4. It increased, as 9 investors sold BBSI shares while 36 reduced holdings. 34 funds opened positions while 27 raised stakes. 5.29 million shares or 1.51% less from 5.37 million shares in 2017Q4 were reported. Wellington Management Group Llp accumulated 5,562 shares or 0% of the stock. Parametric Portfolio Assocs Ltd Llc holds 0% or 4,313 shares in its portfolio. Jpmorgan Chase Com has invested 0.01% in Barrett Business Services, Inc. (NASDAQ:BBSI). Eam Invsts Ltd Llc, California-based fund reported 14,089 shares. Vanguard Grp Inc reported 366,518 shares. Bahl And Gaynor Inc invested in 0.02% or 22,723 shares. Tower Rech Limited Company (Trc) has 0.01% invested in Barrett Business Services, Inc. (NASDAQ:BBSI). Cadence Capital Mngmt Ltd, a Massachusetts-based fund reported 19,810 shares. Assetmark holds 0% of its portfolio in Barrett Business Services, Inc. (NASDAQ:BBSI) for 85 shares. Pub Employees Retirement Sys Of Ohio holds 0.01% or 24,318 shares in its portfolio. Telemark Asset Mgmt Ltd Liability Company accumulated 28,233 shares. Glenmede Trust Na, Pennsylvania-based fund reported 200 shares. Capital Ww Invsts holds 0.01% or 580,000 shares. Credit Suisse Ag has 0% invested in Barrett Business Services, Inc. (NASDAQ:BBSI). State Board Of Administration Of Florida Retirement Sys reported 0% of its portfolio in Barrett Business Services, Inc. (NASDAQ:BBSI).

Since March 14, 2018, it had 0 insider purchases, and 3 insider sales for $725,015 activity. The insider HICKS JAMES B sold 3,878 shares worth $329,393. $344,000 worth of Barrett Business Services, Inc. (NASDAQ:BBSI) shares were sold by Justesen Jon L.

Tieton Capital Management Llc decreased its stake in Barrett Business Services (BBSI) by 62% based on its latest 2018Q1 regulatory filing with the SEC. Tieton Capital Management Llc sold 83,940 shares as the company’s stock rose 25.72% while stock markets declined. The institutional investor held 51,444 shares of the technology company at the end of 2018Q1, valued at $4.26 million, down from 135,384 at the end of the previous reported quarter. Tieton Capital Management Llc who had been investing in Barrett Business Services for a number of months, seems to be less bullish one the $711.88 million market cap company. The stock increased 0.78% or $0.75 during the last trading session, reaching $97.4. About 26,109 shares traded. Barrett Business Services, Inc. (NASDAQ:BBSI) has risen 54.67% since July 14, 2017 and is uptrending. It has outperformed by 42.10% the S&P500.

Analysts await Barrett Business Services, Inc. (NASDAQ:BBSI) to report earnings on August, 14. They expect $1.74 earnings per share, up 18.37 % or $0.27 from last year’s $1.47 per share. BBSI’s profit will be $12.72M for 13.99 P/E if the $1.74 EPS becomes a reality. After $-1.25 actual earnings per share reported by Barrett Business Services, Inc. for the previous quarter, Wall Street now forecasts -239.20 % EPS growth.

More news for Barrett Business Services, Inc. (NASDAQ:BBSI) were recently published by: Globenewswire.com, which released: “New Research: Key Drivers of Growth for Nicolet Bankshares, Vitamin Shoppe, Aethlon Medical, Barrett Business …” on June 21, 2018. Globenewswire.com‘s article titled: “BBSI Refines Structure of its Workers’ Compensation Program” and published on June 27, 2018 is yet another important article.

Barrett Business Services, Inc. (NASDAQ:BBSI) Institutional Positions Chart

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