Forrester Research, Inc. (FORR) Holdings Maintained by Nationwide Fund Advisors

Nationwide Fund Advisors held its stake in Forrester Research, Inc. (NASDAQ:FORR) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,912 shares of the technology company’s stock at the end of the second quarter. Nationwide Fund Advisors’ holdings in Forrester Research were worth $231,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in FORR. Ballentine Partners LLC acquired a new position in shares of Forrester Research in the 2nd quarter valued at about $10,365,000. Vanguard Group Inc. lifted its stake in shares of Forrester Research by 4.0% in the 1st quarter. Vanguard Group Inc. now owns 917,062 shares of the technology company’s stock valued at $36,453,000 after purchasing an additional 35,510 shares during the period. Martingale Asset Management L P lifted its stake in shares of Forrester Research by 144.2% in the 2nd quarter. Martingale Asset Management L P now owns 42,004 shares of the technology company’s stock valued at $1,645,000 after purchasing an additional 24,800 shares during the period. Bessemer Group Inc. lifted its stake in shares of Forrester Research by 173.4% in the 2nd quarter. Bessemer Group Inc. now owns 17,500 shares of the technology company’s stock valued at $685,000 after purchasing an additional 11,100 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of Forrester Research by 114.7% in the 1st quarter. Bank of America Corp DE now owns 16,317 shares of the technology company’s stock valued at $648,000 after purchasing an additional 8,716 shares during the period. 52.67% of the stock is currently owned by institutional investors.

Forrester Research, Inc. (FORR) opened at $45.30 on Tuesday. Forrester Research, Inc. has a 52 week low of $34.95 and a 52 week high of $46.10. The firm has a market capitalization of $807.98, a P/E ratio of 43.64, a P/E/G ratio of 4.07 and a beta of 0.45.

Forrester Research (NASDAQ:FORR) last posted its quarterly earnings results on Wednesday, October 25th. The technology company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.07. Forrester Research had a return on equity of 13.80% and a net margin of 5.70%. The business had revenue of $80.40 million for the quarter, compared to the consensus estimate of $78.92 million. During the same period in the prior year, the business earned $0.32 EPS. The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. equities research analysts predict that Forrester Research, Inc. will post 0.92 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Wednesday, December 6th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date of this dividend is Tuesday, December 5th. Forrester Research’s dividend payout ratio (DPR) is currently 73.79%.

FORR has been the topic of a number of recent analyst reports. BidaskClub raised Forrester Research from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 24th. Zacks Investment Research downgraded Forrester Research from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st.

In related news, Director Henk Broeders sold 17,469 shares of the company’s stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of $41.00, for a total transaction of $716,229.00. Following the transaction, the director now directly owns 26,030 shares of the company’s stock, valued at approximately $1,067,230. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Scott Chouinard sold 887 shares of the company’s stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $44.25, for a total value of $39,249.75. Following the transaction, the insider now directly owns 2,261 shares in the company, valued at $100,049.25. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 43,163 shares of company stock worth $1,774,203. 44.30% of the stock is owned by company insiders.

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Forrester Research Profile

Forrester Research, Inc (Forrester) is an independent research, data, and advisory services firm. The Company offers research, data, advisory and related services that are thematic, prescriptive and executable, and that provide a perspective on the changing business environment. Its segments include Research, Product and Project Consulting.

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Institutional Ownership by Quarter for Forrester Research (NASDAQ:FORR)

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