Exponent, Inc. (NASDAQ:EXPO).
Conestoga Capital Advisors, LLC says it increased its ownership in Exponent, Inc. stock by 127,613 shares in its quarterly SEC filing. Its position stood at $63,169,000 an increase of 49.0% as of quarter end.
Several firms have shifted positions in (EXPO). As of the end of the quarter Confluence Investment Management LLC had sold a total of 5,944 shares trimming its holdings by 73.0%. The value in dollars decreased from $475,000 to $162,000 a change of 65.9% since the last quarter. State of Alaska, Department of Revenue augmented its position by buying 30 shares an increase of 0.6% in the quarter. State of Alaska, Department of Revenue owns 5,135 shares valued at $379,000. The total value of its holdings increased 27.6%.
Advisory Services Network, LLC cut its holdings by selling 1,053 shares a decrease of 51.4%. Advisory Services Network, LLC controls 997 shares with a value of $74,000. The value of the position overall is down by 37.8%.
In the market the company is trading up since yesterday’s close of 72.05. Exponent, Inc. also declared a dividend payable on Friday the 22nd of December 2017. The dividend payment will be $0.210 per share for the quarter which comes to $0.84 on an annualized basis. The dividend yield will be $1.17. The ex-dividend date will be on Wednesday August 30th, 2017.
It is currently trading at $72.35 which is marginally under $72.72, the stock’s 50 day moving average and much higher than the 200 day moving average of $64.21. The 50 day moving average moved down $-0.37 and the 200 day average went up $8.14 or +12.68%.
Exponent, Inc.’s P/E ratio is 37.51 and the market value is 1.87B. As of the last earnings report the EPS was $1.93 and is projected to be $2.09 for the current year with 25,793,000 shares outstanding. Next quarter’s EPS is expected be $0.58 with next year’s EPS projected to be $2.12.
Short traders are more bullish on shares of Exponent, Inc. of late if you evaluate the change in short interest. The company saw a fall in short interest from September 15, 2017 to September 29, 2017 of -27.62%. Short interest fell from 579,840 to 419,712 over that period. Days to cover decreased -1.0 to 4.0 and the percentage of shorted shares was 0.02% on September 29.