Exponent, Inc. (NASDAQ:EXPO) Shares Bought by Citigroup Inc.

Citigroup Inc. raised its holdings in shares of Exponent, Inc. (NASDAQ:EXPO) by 174.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,309 shares of the business services provider’s stock after buying an additional 30,723 shares during the quarter. Citigroup Inc. owned about 0.10% of Exponent worth $5,569,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Raymond James Trust N.A. lifted its stake in Exponent by 4.2% in the 3rd quarter. Raymond James Trust N.A. now owns 6,489 shares of the business services provider’s stock worth $748,000 after purchasing an additional 259 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Exponent by 1.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 517,612 shares of the business services provider’s stock valued at $59,670,000 after purchasing an additional 7,163 shares during the last quarter. Intech Investment Management LLC acquired a new position in Exponent during the third quarter worth $933,000. PNC Financial Services Group Inc. boosted its stake in Exponent by 2.2% during the third quarter. PNC Financial Services Group Inc. now owns 11,134 shares of the business services provider’s stock worth $1,284,000 after buying an additional 239 shares during the last quarter. Finally, Pathstone Holdings LLC grew its holdings in Exponent by 7.9% in the 3rd quarter. Pathstone Holdings LLC now owns 23,606 shares of the business services provider’s stock valued at $2,721,000 after buying an additional 1,722 shares in the last quarter. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Exponent Stock Up 0.1 %

NASDAQ EXPO opened at $98.71 on Monday. The business’s fifty day simple moving average is $105.28 and its 200-day simple moving average is $102.29. The firm has a market cap of $5.01 billion, a PE ratio of 47.69 and a beta of 0.69. Exponent, Inc. has a 52 week low of $68.70 and a 52 week high of $115.75.

Exponent Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, December 6th will be given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 1.13%. The ex-dividend date is Friday, December 6th. Exponent’s payout ratio is presently 54.11%.

Insider Activity at Exponent

In other news, Director Paul R. Johnston sold 14,000 shares of Exponent stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $104.60, for a total transaction of $1,464,400.00. Following the completion of the sale, the director now directly owns 80,742 shares of the company’s stock, valued at approximately $8,445,613.20. The trade was a 14.78 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Carol Lindstrom sold 1,039 shares of the firm’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $96.32, for a total value of $100,076.48. Following the sale, the director now directly owns 5,871 shares in the company, valued at $565,494.72. This trade represents a 15.04 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 30,339 shares of company stock worth $3,103,065. Company insiders own 2.10% of the company’s stock.

About Exponent

Exponent, Inc, together with its subsidiaries, operates as a science and engineering consulting company in the United States and internationally. The company operates in two segments, Engineering and Other Scientific, and Environmental and Health. The Engineering and Other Scientific segment provides services in the areas of biomechanics, biomedical engineering and sciences, buildings and structures, civil engineering, construction consulting, data sciences, electrical engineering and computer science, human factors, materials and corrosion engineering, mechanical engineering, polymer science and materials chemistry, thermal sciences, and vehicle engineering.