Dimensional Fund Advisors LP Reduces Stock Position in Exponent, Inc. (NASDAQ:EXPO)

Dimensional Fund Advisors LP decreased its holdings in shares of Exponent, Inc. (NASDAQ:EXPO - Free Report) by 4.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 931,495 shares of the business services provider's stock after selling 42,271 shares during the period. Dimensional Fund Advisors LP owned approximately 1.84% of Exponent worth $82,996,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in EXPO. First Trust Advisors LP boosted its position in shares of Exponent by 74.1% during the 4th quarter. First Trust Advisors LP now owns 52,439 shares of the business services provider's stock valued at $4,672,000 after acquiring an additional 22,323 shares during the last quarter. Ontario Teachers Pension Plan Board lifted its position in Exponent by 77.4% during the fourth quarter. Ontario Teachers Pension Plan Board now owns 30,727 shares of the business services provider's stock valued at $2,738,000 after purchasing an additional 13,406 shares during the last quarter. Barclays PLC grew its stake in Exponent by 88.5% in the 4th quarter. Barclays PLC now owns 181,921 shares of the business services provider's stock worth $16,209,000 after buying an additional 85,395 shares in the last quarter. Townsquare Capital LLC increased its holdings in shares of Exponent by 11.8% in the 4th quarter. Townsquare Capital LLC now owns 29,049 shares of the business services provider's stock worth $2,588,000 after buying an additional 3,068 shares during the last quarter. Finally, Redwood Park Advisors LLC bought a new position in shares of Exponent in the 4th quarter worth $201,000. Institutional investors own 92.37% of the company's stock.

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 transaction of $149,174.48. Following the completion of the sale, the vice president now directly owns 1,800 shares in the company, valued at $154,674. This represents a 49.10 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 2.10% of the stock is owned by corporate insiders.

Exponent Stock Down 1.3 %

NASDAQ:EXPO traded down $1.04 during midday trading on Friday, hitting $76.78. The company had a trading volume of 585,746 shares, compared to its average volume of 241,568. The company has a market capitalization of $3.90 billion, a PE ratio of 36.22 and a beta of 0.84. Exponent, Inc. has a 52-week low of $73.37 and a 52-week high of $115.75. The stock's fifty day moving average price is $80.59 and its 200-day moving average price is $89.84.

Exponent (NASDAQ:EXPO - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $137.44 million for 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 company's revenue was up .2% on a year-over-year basis. During the same period in the prior year, the company earned $0.59 EPS. As a group, research analysts forecast that Exponent, Inc. will post 1.98 earnings per share for the current year.

Exponent Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Friday, June 6th will be issued a $0.30 dividend. The ex-dividend date is Friday, June 6th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.56%. Exponent's payout ratio is 56.60%.

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.