Exponent, Inc. (NASDAQ:EXPO) Shares Acquired by Deutsche Bank AG

Deutsche Bank AG raised its holdings in shares of Exponent, Inc. (NASDAQ:EXPO) by 3.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 70,491 shares of the business services provider’s stock after buying an additional 2,222 shares during the period. Deutsche Bank AG’s holdings in Exponent were worth $6,281,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cetera Investment Advisers increased its stake in shares of Exponent by 3.1% in the fourth quarter. Cetera Investment Advisers now owns 8,903 shares of the business services provider’s stock worth $793,000 after buying an additional 264 shares during the last quarter. Castlekeep Investment Advisors LLC acquired a new stake in Exponent during the fourth quarter valued at approximately $413,000. BLI Banque de Luxembourg Investments bought a new position in Exponent during the fourth quarter worth $12,564,000. Algert Global LLC acquired a new stake in shares of Exponent during the fourth quarter worth $1,030,000. Finally, Ameriprise Financial Inc. lifted its position in shares of Exponent by 7.3% in the 4th quarter. Ameriprise Financial Inc. now owns 646,026 shares of the business services provider’s stock worth $57,561,000 after buying an additional 44,002 shares during the last quarter. 92.37% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Exponent news, VP Richard Reiss sold 1,736 shares of the company’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $85.93, for a total value of $149,174.48. Following the completion of the transaction, the vice president now owns 1,800 shares in the company, valued at approximately $154,674. This represents a 49.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 2.10% of the company’s stock.

Exponent Stock Performance

NASDAQ EXPO opened at $80.05 on Friday. Exponent, Inc. has a one year low of $73.37 and a one year high of $115.75. The company has a 50-day simple moving average of $79.27 and a 200-day simple moving average of $87.79. The firm has a market capitalization of $4.06 billion, a PE ratio of 37.76 and a beta of 0.95.

Exponent (NASDAQ:EXPO) last posted its earnings results on Thursday, May 1st. The business services provider reported $0.52 EPS for the quarter, beating the consensus estimate of $0.48 by $0.04. The company had revenue of $137.44 million during the quarter, compared to analyst estimates of $134.63 million. Exponent had a return on equity of 27.27% and a net margin of 19.52%. The business’s revenue was up .2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.59 earnings per share. Equities analysts forecast that Exponent, Inc. will post 1.98 earnings per share for the current year.

Exponent Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Friday, June 6th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date of this dividend is Friday, June 6th. Exponent’s payout ratio is 58.54%.

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.