UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 20,904 Shares of Exponent, Inc. (NASDAQ:EXPO)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Exponent, Inc. (NASDAQ:EXPO - Free Report) by 15.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 159,131 shares of the business services provider's stock after acquiring an additional 20,904 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.31% of Exponent worth $14,179,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in Exponent in the fourth quarter valued at approximately $55,131,000. Norges Bank bought a new stake in shares of Exponent in the fourth quarter valued at $52,381,000. Resona Asset Management Co. Ltd. purchased a new position in shares of Exponent during the 4th quarter valued at $38,538,000. BLI Banque de Luxembourg Investments bought a new position in shares of Exponent during the 4th quarter worth $12,564,000. Finally, Barclays PLC grew its stake in shares of Exponent by 88.5% during the 4th quarter. Barclays PLC now owns 181,921 shares of the business services provider's stock worth $16,209,000 after acquiring an additional 85,395 shares during the period. 92.37% of the stock is owned by institutional investors.

Insider Transactions at Exponent

In related news, VP John Pye sold 2,000 shares of the company's stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $76.32, for a total transaction of $152,640.00. Following the sale, the vice president now owns 29,204 shares of the company's stock, valued at approximately $2,228,849.28. This represents a 6.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Joseph Rakow sold 1,573 shares of the firm's stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $77.72, for a total transaction of $122,253.56. The disclosure for this sale can be found here. Insiders sold 6,267 shares of company stock valued at $489,120 over the last three months. Company insiders own 2.10% of the company's stock.

Exponent Stock Up 1.5%

Exponent stock traded up $1.14 during midday trading on Tuesday, reaching $78.24. The stock had a trading volume of 190,029 shares, compared to its average volume of 249,758. The firm has a market capitalization of $3.97 billion, a PE ratio of 36.91 and a beta of 0.95. Exponent, Inc. has a 12 month low of $73.37 and a 12 month high of $115.75. The firm's 50-day moving average price is $78.32 and its 200 day moving average price is $85.86.

Exponent (NASDAQ:EXPO - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The business services provider reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.04. The company had revenue of $137.44 million for the quarter, compared to analyst estimates of $134.63 million. Exponent had a net margin of 19.52% and a return on equity of 27.27%. The company's quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.59 earnings per share. Equities research analysts expect that Exponent, Inc. will post 1.98 EPS 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 given a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, June 6th. This represents a $1.20 annualized dividend and a dividend yield of 1.53%. Exponent's dividend payout ratio is currently 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.