CRA International, Inc. (NASDAQ:CRAI) Shares Acquired by Martingale Asset Management L P

Martingale Asset Management L P lifted its holdings in shares of CRA International, Inc. (NASDAQ:CRAIGet Rating) by 18.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,002 shares of the business services provider’s stock after purchasing an additional 1,565 shares during the quarter. Martingale Asset Management L P owned about 0.14% of CRA International worth $895,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. US Bancorp DE boosted its holdings in CRA International by 29.4% in the first quarter. US Bancorp DE now owns 563 shares of the business services provider’s stock valued at $47,000 after acquiring an additional 128 shares during the last quarter. Quantbot Technologies LP acquired a new position in CRA International in the first quarter valued at $58,000. First Horizon Advisors Inc. boosted its holdings in CRA International by 2,174.5% in the second quarter. First Horizon Advisors Inc. now owns 1,069 shares of the business services provider’s stock valued at $94,000 after acquiring an additional 1,022 shares during the last quarter. Amalgamated Bank acquired a new position in CRA International in the first quarter valued at $95,000. Finally, SG Americas Securities LLC acquired a new position in CRA International in the second quarter valued at $105,000. Institutional investors and hedge funds own 85.57% of the company’s stock.

CRA International Price Performance

NASDAQ:CRAI opened at $117.60 on Monday. The business’s 50-day moving average is $98.13 and its two-hundred day moving average is $92.38. CRA International, Inc. has a 12 month low of $78.35 and a 12 month high of $123.68. The firm has a market capitalization of $839.08 million, a PE ratio of 20.07, a price-to-earnings-growth ratio of 1.34 and a beta of 1.28.

CRA International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 9th. Shareholders of record on Tuesday, November 29th will be given a $0.36 dividend. The ex-dividend date is Monday, November 28th. This is a positive change from CRA International’s previous quarterly dividend of $0.31. This represents a $1.44 annualized dividend and a yield of 1.22%. CRA International’s dividend payout ratio (DPR) is 21.16%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. StockNews.com upgraded CRA International from a “buy” rating to a “strong-buy” rating in a report on Friday, November 4th. Barrington Research lifted their target price on CRA International from $120.00 to $130.00 and gave the company an “outperform” rating in a report on Monday, November 7th.

About CRA International

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

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Institutional Ownership by Quarter for CRA International (NASDAQ:CRAI)

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