Barrett Business Services Inc: Heartland Advisors Inc Bought Stake

December 8, 2017 - By Lynda A. Deweese

 Barrett Business Services Inc: Heartland Advisors Inc Bought Stake

Investors sentiment decreased to 0.81 in Q2 2017. Its down 0.50, from 1.31 in 2017Q1. It is negative, as 8 investors sold Barrett Business Services, Inc. shares while 34 reduced holdings. 12 funds opened positions while 22 raised stakes. 5.13 million shares or 3.41% more from 4.97 million shares in 2017Q1 were reported.

Blackrock Inc owns 428,138 shares or 0% of their US portfolio. Renaissance Technologies Ltd has 0.02% invested in Barrett Business Services, Inc. (NASDAQ:BBSI) for 276,600 shares. Capital Investors invested 0% of its portfolio in Barrett Business Services, Inc. (NASDAQ:BBSI). Bessemer Grp owns 300 shares. Qs Limited Com holds 32,664 shares or 0.02% of its portfolio. Financial Bank Of Montreal Can, Ontario – Canada-based fund reported 171 shares. Voya Investment Mgmt Limited Liability Company accumulated 0% or 4,673 shares. Bnp Paribas Arbitrage Sa holds 0% or 827 shares. 6,291 were accumulated by Lucus Advisors Ltd Liability Corp. 117,816 were reported by Aqr Cap Management Lc. California State Teachers Retirement System has 0% invested in Barrett Business Services, Inc. (NASDAQ:BBSI). The New York-based Goldman Sachs Gp has invested 0% in Barrett Business Services, Inc. (NASDAQ:BBSI). Opus Capital Group Ltd Llc holds 0.04% or 3,924 shares. Ameritas Investment Partners has invested 0% in Barrett Business Services, Inc. (NASDAQ:BBSI). Federated Inc Pa has 77 shares for 0% of their portfolio.

The New Heartland Advisors Inc Holding in Barrett Business Services Inc

Heartland Advisors Inc reported SC 13G/A form with the SEC for Barrett Business Services Inc. Access it here: 000089271217000786. As reported by Heartland Advisors Inc, the filler owns 4.4% or 324,305 shares of the Industrials–company.

Barrett Business Services Inc stake is new for [reportingPerson]. Date of activity: November 30, 2017. This shows Heartland Advisors Inc’s positive view for Barrett Business Services Inc. For a institutional investor managing $6.06 billion in assets and having 51+ experts this is interesting position.

Barrett Business Services Inc Institutional Sentiment

Filings show 87 investors own Barrett Business Services Inc. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 6780747. 11613020 were owned by these investors. 12 funds opened new Barrett Business Services Inc stakes, 30 increased positions. There were 9 that closed positions and 30 reduced them.

4 investors had the stock in their top 10. Some are: Ironwood Investment Management Llc, Tieton Capital Management Llc, Heartland Advisors Inc..

Opus Capital Group Llc is an investor bullish on Barrett Business Services Inc, owning 117705 shares as of Q3 2015 for 0.85% of its portfolio. Red Alder Llc owns 12716 shares or 0.30% of its portfolio. WA Tieton Capital Management Llc have 5.53% of its portfolio for 138114 shares. Further, Hood River Capital Management Llc reported stake worth 2.07% of its portfolio. The OR Pacific Ridge Capital Partners Llc owns 123560 shares. Barrett Business Services Inc is 2.60% of its portfolio.

SEC Form 13G.

Heartland Advisors Inc website.

The stock increased 1.18% or $0.76 during the last trading session, reaching $65.05. About 59,386 shares traded or 89.97% up from the average. Barrett Business Services, Inc. (NASDAQ:BBSI) has risen 104.09% since December 8, 2016 and is uptrending. It has outperformed by 87.39% the S&P500.

Barrett Business Services, Inc. provides business management solutions for small and medium-sized companies in the United States. The company has market cap of $474.89 million. The firm has management platform that integrates a knowledge approach from the management consulting industry with tools from the human resource outsourcing industry. It has a 21.47 P/E ratio. It offers professional employer services, under which it enters into a client services agreement to establish a co-employment relationship with each client company, assuming responsibility for payroll, payroll taxes, workersÂ’ compensation coverage, and certain other administration functions for the clientÂ’s existing workforce.

More notable recent Barrett Business Services, Inc. (NASDAQ:BBSI) news were published by: Seekingalpha.com which released: “Barrett Business Services’ (BBSI) CEO Michael Elich on Q2 2017 Results …” on August 09, 2017, also Globenewswire.com with their article: “BBSI Sets Third Quarter 2017 Conference Call for Wednesday, November 8, 2017 …” published on October 25, 2017, Nasdaq.com published: “Barrett Business Services, Inc. (BBSI) Ex-Dividend Date Scheduled for November …” on November 21, 2017. More interesting news about Barrett Business Services, Inc. (NASDAQ:BBSI) were released by: Seekingalpha.com and their article: “Barrett Business Services’ (BBSI) CEO Mike Elich on Q4 2016 Results – Earnings …” published on March 08, 2017 as well as Seekingalpha.com‘s news article titled: “Barrett Business Services’ (BBSI) CEO Michael Elich on Q1 2017 Results …” with publication date: May 05, 2017.

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