State Street Corp Acquires 2,589 Shares of Forrester Research, Inc. (NASDAQ:FORR)

State Street Corp lifted its stake in shares of Forrester Research, Inc. (NASDAQ:FORR) by 1.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 253,181 shares of the technology company’s stock after buying an additional 2,589 shares during the quarter. State Street Corp’s holdings in Forrester Research were worth $4,560,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the company. ArrowMark Colorado Holdings LLC increased its stake in Forrester Research by 3.5% during the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 784,521 shares of the technology company’s stock valued at $14,129,000 after purchasing an additional 26,810 shares in the last quarter. Millennium Management LLC lifted its position in Forrester Research by 134.7% during the second quarter. Millennium Management LLC now owns 274,440 shares of the technology company’s stock valued at $4,687,000 after purchasing an additional 157,510 shares in the last quarter. Ballentine Partners LLC increased its holdings in Forrester Research by 1.7% in the 3rd quarter. Ballentine Partners LLC now owns 254,399 shares of the technology company’s stock worth $4,582,000 after acquiring an additional 4,342 shares in the last quarter. Acadian Asset Management LLC raised its position in shares of Forrester Research by 511.8% during the 2nd quarter. Acadian Asset Management LLC now owns 230,848 shares of the technology company’s stock valued at $3,940,000 after purchasing an additional 193,116 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC bought a new stake in Forrester Research during the third quarter valued at about $3,119,000. Institutional investors own 55.20% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Forrester Research from a “hold” rating to a “buy” rating in a report on Saturday, December 14th.

Forrester Research Trading Down 2.4 %

Shares of FORR opened at $15.71 on Monday. The stock has a market capitalization of $298.43 million, a PE ratio of -44.89, a P/E/G ratio of 1.36 and a beta of 0.90. Forrester Research, Inc. has a fifty-two week low of $14.38 and a fifty-two week high of $27.69. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.98 and a current ratio of 0.98. The company’s fifty day moving average is $16.12 and its 200 day moving average is $17.17.

Forrester Research Profile

Forrester Research, Inc operates as an independent research and advisory company in the United States and internationally. The company operates in three segments: Research, Consulting, and Events. The Research segment primary subscription research services include Forrester Decisions, Forrester Research, and SiriusDecisions Research, which are designed to provide business and technology leaders with a proven path to growth through customer obsession.