Barclays PLC Has $468,000 Stock Holdings in Resources Connection, Inc. (NASDAQ:RGP)

Barclays PLC grew its stake in shares of Resources Connection, Inc. (NASDAQ:RGP) by 194.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 48,280 shares of the company’s stock after purchasing an additional 31,879 shares during the period. Barclays PLC owned approximately 0.14% of Resources Connection worth $468,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Point72 DIFC Ltd bought a new position in shares of Resources Connection in the 2nd quarter worth $59,000. nVerses Capital LLC bought a new position in shares of Resources Connection in the third quarter valued at $60,000. Quarry LP acquired a new position in shares of Resources Connection during the third quarter valued at about $95,000. DRW Securities LLC bought a new stake in shares of Resources Connection during the second quarter worth about $111,000. Finally, Intech Investment Management LLC acquired a new stake in shares of Resources Connection in the 3rd quarter worth about $106,000. Institutional investors and hedge funds own 93.23% of the company’s stock.

Resources Connection Stock Performance

Shares of NASDAQ RGP opened at $8.50 on Friday. The stock has a market cap of $281.27 million, a price-to-earnings ratio of -4.57 and a beta of 0.66. Resources Connection, Inc. has a fifty-two week low of $7.90 and a fifty-two week high of $14.29. The firm’s 50-day simple moving average is $8.50 and its 200 day simple moving average is $9.32.

Resources Connection Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 14th will be given a dividend of $0.14 per share. The ex-dividend date is Friday, February 14th. This represents a $0.56 annualized dividend and a dividend yield of 6.59%. Resources Connection’s payout ratio is -30.11%.

Resources Connection Company Profile

Resources Connection, Inc provides consulting services to business customers under the Resources Global Professionals name in North America, Europe, and the Asia Pacific. The company offers services in the areas of transactions, including integration and divestitures, bankruptcy/restructuring, going public readiness and support, financial process optimization, and system implementation; and regulations, such as accounting regulations, internal audit and compliance, data privacy and security, healthcare compliance, and regulatory compliance.