Farther Finance Advisors LLC Purchases 108 Shares of CRA International, Inc. (NASDAQ:CRAI)

Farther Finance Advisors LLC lifted its position in shares of CRA International, Inc. (NASDAQ:CRAI) by 3.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,418 shares of the business services provider’s stock after acquiring an additional 108 shares during the quarter. Farther Finance Advisors LLC owned approximately 0.05% of CRA International worth $640,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Foundry Partners LLC grew its stake in shares of CRA International by 1.0% during the third quarter. Foundry Partners LLC now owns 18,660 shares of the business services provider’s stock worth $3,271,000 after purchasing an additional 180 shares during the period. Eagle Asset Management Inc. grew its stake in shares of CRA International by 178.8% during the third 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 period. Quantbot Technologies LP acquired a new stake in shares of CRA International during the third quarter worth $164,000. BNP Paribas Financial Markets grew its stake in shares of CRA International by 102.0% during the third quarter. BNP Paribas Financial Markets now owns 5,348 shares of the business services provider’s stock worth $938,000 after purchasing an additional 2,700 shares during the period. Finally, Martingale Asset Management L P grew its stake in shares of CRA International by 20.6% during the third quarter. Martingale Asset Management L P now owns 8,535 shares of the business services provider’s stock worth $1,496,000 after purchasing an additional 1,460 shares during the period. Institutional investors own 84.13% of the company’s stock.

Insider Transactions at CRA International

In other news, Director Thomas Aiken Avery sold 1,000 shares of the company’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $199.05, for a total transaction of $199,050.00. Following the completion of the transaction, the director now directly owns 14,669 shares of the company’s stock, valued at $2,919,864.45. This represents a 6.38 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Jonathan D. Yellin sold 1,750 shares of the company’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $190.51, for a total value of $333,392.50. Following the sale, the executive vice president now owns 19,063 shares in the company, valued at $3,631,692.13. The trade was a 8.41 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 20,850 shares of company stock valued at $3,902,083 over the last three months. Company insiders own 5.20% of the company’s stock.

Wall Street Analyst Weigh In

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

CRA International Trading Down 3.0 %

NASDAQ:CRAI opened at $172.33 on Friday. CRA International, Inc. has a 1 year low of $133.54 and a 1 year high of $214.01. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of 25.57, a PEG ratio of 1.75 and a beta of 1.09. The stock has a 50-day moving average price of $187.22 and a two-hundred day moving average price of $184.82.

CRA International (NASDAQ:CRAI) last posted its earnings results on Thursday, February 20th. The business services provider reported $2.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.59 by $0.44. CRA International had a return on equity of 25.95% and a net margin of 6.79%. The firm had revenue of $176.44 million during the quarter, compared to analysts’ expectations of $166.29 million. Sell-side analysts forecast that CRA International, Inc. will post 7.52 earnings per share for the current year.

CRA International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Tuesday, March 4th were given a dividend of $0.49 per share. The ex-dividend date was Tuesday, March 4th. This represents a $1.96 annualized dividend and a dividend yield of 1.14%. CRA International’s dividend payout ratio is currently 29.08%.

CRA International Company Profile

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.