Tudor Investment Corp ET AL Has $466,000 Position in CRA International, Inc. (NASDAQ:CRAI)

Tudor Investment Corp ET AL lessened its stake in shares of CRA International, Inc. (NASDAQ:CRAI) by 68.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,489 shares of the business services provider’s stock after selling 5,425 shares during the period. Tudor Investment Corp ET AL’s holdings in CRA International were worth $466,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. KLP Kapitalforvaltning AS bought a new position in shares of CRA International in the fourth quarter worth $281,000. Harbor Capital Advisors Inc. grew its stake in CRA International by 4.8% during the fourth quarter. Harbor Capital Advisors Inc. now owns 3,245 shares of the business services provider’s stock worth $607,000 after buying an additional 150 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in CRA International by 3.3% in the 4th quarter. Farther Finance Advisors LLC now owns 3,418 shares of the business services provider’s stock valued at $640,000 after buying an additional 108 shares during the period. Summit Global Investments acquired a new position in shares of CRA International in the 4th quarter valued at approximately $656,000. Finally, MetLife Investment Management LLC lifted its holdings in shares of CRA International by 6.7% during the 4th quarter. MetLife Investment Management LLC now owns 3,982 shares of the business services provider’s stock worth $745,000 after acquiring an additional 250 shares during the period. 84.13% of the stock is owned by institutional investors and hedge funds.

CRA International Stock Up 4.1 %

NASDAQ:CRAI opened at $185.42 on Friday. CRA International, Inc. has a twelve month low of $133.54 and a twelve month high of $214.01. The stock’s 50-day simple moving average is $172.02 and its 200 day simple moving average is $183.79. The firm has a market capitalization of $1.26 billion, a PE ratio of 27.51, a price-to-earnings-growth ratio of 1.75 and a beta of 0.87.

CRA International (NASDAQ:CRAI) last posted its quarterly earnings results on Thursday, May 1st. The business services provider reported $2.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.93 by $0.29. The company had revenue of $181.85 million for the quarter, compared to the consensus estimate of $176.63 million. CRA International had a net margin of 6.79% and a return on equity of 25.95%. On average, analysts anticipate that CRA International, Inc. will post 7.52 EPS for the current fiscal year.

CRA International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Tuesday, May 27th will be paid a $0.49 dividend. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date of this dividend is Tuesday, May 27th. CRA International’s payout ratio is 26.45%.

Insider Buying and Selling

In related news, EVP Jonathan D. Yellin sold 1,750 shares of CRA International stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $190.51, for a total transaction of $333,392.50. Following the sale, the executive vice president now directly owns 19,063 shares in the company, valued at $3,631,692.13. This trade represents a 8.41 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Thomas Aiken Avery sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $199.05, for a total transaction of $199,050.00. Following the sale, the director now directly owns 14,669 shares in the company, valued at $2,919,864.45. The trade was a 6.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 20,850 shares of company stock worth $3,902,083 in the last 90 days. Insiders own 5.20% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Barrington Research boosted their price objective on shares of CRA International from $212.00 to $224.00 and gave the company an “outperform” rating in a research report on Monday, February 24th.

CRA International Company Profile

CRA International, Inc, together with its subsidiaries, provides economic, financial, and management consulting services worldwide. It advises clients on economic and financial matters pertaining to litigation and regulatory proceedings; and guides corporations through business strategy and performance-related issues.