Thrivent Financial for Lutherans Reduces $6M in Barrett Business Services, Inc. ($BBSI)

Key Points

  • Thrivent Financial for Lutherans changed its Barrett Business Services, Inc. ($BBSI) stake by 9.6% last quarter, cutting to 1,707,295 shares worth $58.47 million.
  • Wall Street's consensus rating on $BBSI is Buy and an average price target of $42.25.
  • $BBSI last traded around $34.25.

Thrivent Financial for Lutherans trimmed its position in Barrett Business Services, Inc. ($BBSI) by 9.6% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,707,295 shares of Barrett Business Services, Inc. after selling 181,113 shares during the quarter. Thrivent Financial for Lutherans's holdings in Barrett Business Services, Inc. were worth $58.47 million as of its most recent filing.

Barrett Business Services, Inc. ($BBSI) Stock

Last price$34.25
Market cap$839.20M
P/E ratio22.33
Forward P/E15.89
PEG ratio1.50
Beta0.96
52-week low$25.33
52-week high$49.65
50-day MA$30.87
200-day MA$35.80
Current ratio1.16
Quick ratio0.83
Debt-to-equity0.12

Barrett Business Services, Inc. Earnings

EPS (ttm)$1.53
Revenue (ttm)$1.25B
Revenue growth4.9%
Net margin3.2%
Return on equity19.4%
Next earningsAug 5, 2026

Barrett Business Services, Inc. Dividend

Annual dividend$0.32
Dividend yield94.00%
Payout ratio20.9%
Ex-dividend dateMay 22, 2026

Analysts Set New Price Targets

ConsensusBuy
Average target$42.25
High target$43.00
Low target$41.00
Analysts covering4

About Barrett Business Services, Inc.

Barrett Business Services, Inc. provides business management solutions for small and mid-sized companies in the United States. It develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry. The company also offers professional employer services under which it enters into a client services agreement to establish a co-employment relationship with each client company, assuming responsibility for payroll, payroll taxes, workers compensation coverage, and other administration functions for the client's existing workforce. In addition, it provides staffing and recruiting services, such as on-demand or short-term staffing assignment, contract staffing, direct placement, and long-term or indefinite-term on-site management services. The company serves customers in various industries, including construction, waste management and remediation services, manufacturing, transportation and warehousing, health care, leisure and hospitality, retail, professional and advisory services, and wholesale trade industries. Barrett Business Services, Inc. was incorporated in 1965 and is headquartered in Vancouver, Washington.

ExchangeNasdaqGS
SectorIndustrials
IndustryStaffing & Employment Services
HeadquartersVancouver, WA
CEOMr. Gary Edward Kramer Jr.
Employees141,802

See Also

This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.