CRA International (NASDAQ:CRAI) Reaches New 52-Week High at $162.99

CRA International, Inc. (NASDAQ:CRAI) hit a new 52-week high on Thursday . The stock traded as high as $162.99 and last traded at $153.92, with a volume of 1160 shares changing hands. The stock had previously closed at $149.53.

Analyst Ratings Changes

Separately, StockNews.com lowered CRA International from a “strong-buy” rating to a “buy” rating in a research report on Friday.

CRA International Trading Up 0.1 %

The business has a 50-day moving average of $141.76 and a 200 day moving average of $114.79. The firm has a market capitalization of $1.06 billion, a PE ratio of 28.49, a price-to-earnings-growth ratio of 1.59 and a beta of 1.22.

CRA International (NASDAQ:CRAI) last announced its earnings results on Thursday, February 29th. The business services provider reported $1.63 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $0.53. The firm had revenue of $161.61 million for the quarter, compared to the consensus estimate of $149.51 million. CRA International had a return on equity of 19.01% and a net margin of 6.17%. On average, sell-side analysts expect that CRA International, Inc. will post 5.88 EPS for the current fiscal year.

CRA International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 12th were issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend was Monday, March 11th. CRA International’s dividend payout ratio (DPR) is 31.11%.

Insider Buying and Selling at CRA International

In other news, Director Thomas Aiken Avery sold 1,000 shares of the stock in a transaction on Monday, March 4th. The stock was sold at an average price of $138.05, for a total transaction of $138,050.00. Following the completion of the transaction, the director now owns 15,504 shares in the company, valued at approximately $2,140,327.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Thomas Aiken Avery sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $138.05, for a total value of $138,050.00. Following the completion of the transaction, the director now directly owns 15,504 shares of the company’s stock, valued at approximately $2,140,327.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Jonathan D. Yellin sold 1,250 shares of the business’s stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $136.62, for a total transaction of $170,775.00. Following the sale, the executive vice president now directly owns 21,587 shares in the company, valued at approximately $2,949,215.94. The disclosure for this sale can be found here. Insiders have sold a total of 10,750 shares of company stock worth $1,487,085 over the last ninety days. 5.30% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Harbor Capital Advisors Inc. boosted its position in shares of CRA International by 12.7% in the fourth quarter. Harbor Capital Advisors Inc. now owns 4,615 shares of the business services provider’s stock valued at $456,000 after acquiring an additional 519 shares during the period. Bridge City Capital LLC lifted its stake in CRA International by 4.9% in the 1st quarter. Bridge City Capital LLC now owns 4,810 shares of the business services provider’s stock worth $719,000 after purchasing an additional 223 shares in the last quarter. Dearborn Partners LLC boosted its holdings in CRA International by 46.2% in the 3rd quarter. Dearborn Partners LLC now owns 7,928 shares of the business services provider’s stock valued at $799,000 after purchasing an additional 2,504 shares during the period. BNP Paribas Financial Markets grew its position in shares of CRA International by 2.0% during the 4th quarter. BNP Paribas Financial Markets now owns 10,284 shares of the business services provider’s stock valued at $1,017,000 after purchasing an additional 206 shares in the last quarter. Finally, Isthmus Partners LLC increased its holdings in shares of CRA International by 5.7% in the fourth quarter. Isthmus Partners LLC now owns 18,462 shares of the business services provider’s stock worth $1,825,000 after purchasing an additional 989 shares during the period. Hedge funds and other institutional investors own 84.13% of the company’s stock.

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.