Yousif Capital Management LLC Sells 764 Shares of Exponent, Inc. (NASDAQ:EXPO)

Yousif Capital Management LLC reduced its holdings in shares of Exponent, Inc. (NASDAQ:EXPO) by 4.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,942 shares of the business services provider’s stock after selling 764 shares during the period. Yousif Capital Management LLC’s holdings in Exponent were worth $1,599,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in EXPO. Westside Investment Management Inc. acquired a new position in shares of Exponent during the 3rd quarter valued at $26,000. Trust Co. of Vermont acquired a new position in shares of Exponent during the fourth quarter valued at about $45,000. Anchor Investment Management LLC acquired a new position in shares of Exponent during the third quarter valued at about $64,000. Quarry LP boosted its position in shares of Exponent by 127.9% during the 3rd quarter. Quarry LP now owns 604 shares of the business services provider’s stock worth $70,000 after purchasing an additional 339 shares in the last quarter. Finally, GAMMA Investing LLC grew its stake in shares of Exponent by 64.6% in the 3rd quarter. GAMMA Investing LLC now owns 624 shares of the business services provider’s stock valued at $72,000 after buying an additional 245 shares during the period. 92.37% of the stock is owned by institutional investors.

Insider Buying and Selling at Exponent

In related news, Director Paul R. Johnston sold 1,300 shares of the company’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $95.03, for a total transaction of $123,539.00. Following the completion of the sale, the director now owns 59,406 shares in the company, valued at approximately $5,645,352.18. This represents a 2.14 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 2.10% of the company’s stock.

Exponent Price Performance

Shares of Exponent stock opened at $90.52 on Thursday. The business has a 50-day simple moving average of $91.53 and a 200 day simple moving average of $100.38. The firm has a market capitalization of $4.59 billion, a price-to-earnings ratio of 42.70 and a beta of 0.71. Exponent, Inc. has a one year low of $74.30 and a one year high of $115.75.

Exponent (NASDAQ:EXPO) last released its quarterly earnings data on Thursday, February 6th. The business services provider reported $0.46 EPS for the quarter, beating the consensus estimate of $0.40 by $0.06. Exponent had a return on equity of 27.76% and a net margin of 19.52%. During the same quarter in the prior year, the business earned $0.41 earnings per share. On average, sell-side analysts expect that Exponent, Inc. will post 2.11 EPS for the current year.

Exponent Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be issued a dividend of $0.30 per share. This is an increase from Exponent’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Friday, March 7th. This represents a $1.20 annualized dividend and a yield of 1.33%. Exponent’s dividend payout ratio is presently 52.83%.

Exponent Company Profile

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.