CRA International,Inc. (CRAI) Shares Sold by Thomson Horstmann & Bryant Inc.

Thomson Horstmann & Bryant Inc. lessened its position in CRA International,Inc. (NASDAQ:CRAI) by 11.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 153,424 shares of the business services provider’s stock after selling 19,089 shares during the quarter. Thomson Horstmann & Bryant Inc. owned approximately 1.87% of CRA International,Inc. worth $6,298,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in CRAI. Bank of New York Mellon Corp raised its position in CRA International,Inc. by 3.4% in the 1st quarter. Bank of New York Mellon Corp now owns 94,409 shares of the business services provider’s stock valued at $3,335,000 after buying an additional 3,063 shares during the last quarter. SG Americas Securities LLC acquired a new stake in CRA International,Inc. in the 1st quarter valued at approximately $312,000. Geode Capital Management LLC raised its position in CRA International,Inc. by 5.2% in the 1st quarter. Geode Capital Management LLC now owns 70,652 shares of the business services provider’s stock valued at $2,496,000 after buying an additional 3,517 shares during the last quarter. Russell Investments Group Ltd. raised its position in CRA International,Inc. by 29.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 242,672 shares of the business services provider’s stock valued at $8,814,000 after buying an additional 54,614 shares during the last quarter. Finally, Falcon Point Capital LLC raised its position in CRA International,Inc. by 0.8% in the 2nd quarter. Falcon Point Capital LLC now owns 44,669 shares of the business services provider’s stock valued at $1,622,000 after buying an additional 359 shares during the last quarter. 87.16% of the stock is currently owned by institutional investors and hedge funds.

In other news, CFO Chad M. Holmes sold 1,700 shares of CRA International,Inc. stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $43.17, for a total transaction of $73,389.00. Following the completion of the transaction, the chief financial officer now directly owns 11,055 shares in the company, valued at approximately $477,244.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Paul A. Maleh sold 13,300 shares of CRA International,Inc. stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $43.16, for a total value of $574,028.00. Following the transaction, the insider now owns 116,619 shares of the company’s stock, valued at $5,033,276.04. The disclosure for this sale can be found here. 4.70% of the stock is owned by insiders.

Several research firms have weighed in on CRAI. Zacks Investment Research raised CRA International,Inc. from a “hold” rating to a “strong-buy” rating and set a $49.00 price target on the stock in a research report on Monday, October 30th. BidaskClub raised CRA International,Inc. from a “hold” rating to a “buy” rating in a research report on Wednesday, August 2nd.

CRA International,Inc. (CRAI) traded up $1.02 during trading hours on Friday, hitting $44.06. The company’s stock had a trading volume of 49,900 shares, compared to its average volume of 42,687. The firm has a market cap of $349.02, a price-to-earnings ratio of 29.48 and a beta of 0.77. CRA International,Inc. has a 52-week low of $30.43 and a 52-week high of $44.29.

CRA International,Inc. (NASDAQ:CRAI) last posted its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.41 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.03. The firm had revenue of $91.30 million for the quarter, compared to analyst estimates of $90.36 million. CRA International,Inc. had a return on equity of 5.98% and a net margin of 3.39%. The business’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.39 EPS. sell-side analysts predict that CRA International,Inc. will post 1.56 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Tuesday, November 28th will be given a dividend of $0.17 per share. This is a positive change from CRA International,Inc.’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Monday, November 27th. This represents a $0.68 annualized dividend and a dividend yield of 1.54%. CRA International,Inc.’s payout ratio is 40.29%.

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CRA International,Inc. Company Profile

CRA International, Inc is a global consulting firm. The Company provides economic, financial and management consulting services. The Company consulting services in two areas: litigation, regulatory, and financial consulting and management consulting. The Company provides services, such as economic capability, analyses and testimony in areas, such as Antitrust & Competition; Damages & Valuation; Financial Accounting & Valuation; Financial Economics; Forensic & Cyber Investigations; Insurance Economics; Intellectual Property; International Arbitration; Labor & Employment; Mergers & Acquisitions; Regulatory Economics & Compliance; Securities & Financial Markets, and Transfer Pricing.

Institutional Ownership by Quarter for CRA International,Inc. (NASDAQ:CRAI)

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