Campbell & CO Investment Adviser LLC Makes New Investment in Kforce Inc. $KFRC

Campbell & CO Investment Adviser LLC acquired a new stake in shares of Kforce Inc. (NASDAQ:KFRC) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,230 shares of the business services provider’s stock, valued at approximately $709,000. Campbell & CO Investment Adviser LLC owned 0.09% of Kforce as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Signaturefd LLC boosted its position in Kforce by 1,069.1% during the 1st quarter. Signaturefd LLC now owns 795 shares of the business services provider’s stock valued at $39,000 after buying an additional 727 shares during the period. Quarry LP bought a new position in shares of Kforce during the first quarter valued at about $42,000. Meeder Asset Management Inc. boosted its holdings in shares of Kforce by 336.1% during the first quarter. Meeder Asset Management Inc. now owns 955 shares of the business services provider’s stock worth $47,000 after purchasing an additional 736 shares during the period. Parkside Financial Bank & Trust boosted its holdings in shares of Kforce by 3,756.3% during the second quarter. Parkside Financial Bank & Trust now owns 1,234 shares of the business services provider’s stock worth $51,000 after purchasing an additional 1,202 shares during the period. Finally, CWM LLC grew its stake in shares of Kforce by 783.0% in the second quarter. CWM LLC now owns 2,649 shares of the business services provider’s stock worth $109,000 after purchasing an additional 2,349 shares during the last quarter. 92.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have commented on KFRC shares. Truist Financial lowered their price target on Kforce from $46.00 to $35.00 and set a “hold” rating for the company in a research report on Monday, October 13th. Zacks Research downgraded Kforce from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 28th. Finally, UBS Group dropped their price target on Kforce from $40.00 to $34.50 and set a “neutral” rating for the company in a research note on Wednesday, November 5th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $34.75.

Kforce Trading Down 1.7%

NASDAQ KFRC opened at $29.75 on Friday. The firm has a market capitalization of $539.64 million, a PE ratio of 11.10 and a beta of 0.68. The stock’s 50 day moving average is $29.20 and its 200 day moving average is $35.47. Kforce Inc. has a twelve month low of $24.49 and a twelve month high of $61.84. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.16.

Kforce (NASDAQ:KFRC) last posted its quarterly earnings data on Monday, November 3rd. The business services provider reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.06. Kforce had a return on equity of 30.34% and a net margin of 3.59%.The business had revenue of $332.65 million during the quarter, compared to the consensus estimate of $328.34 million. During the same quarter in the prior year, the company earned $0.75 earnings per share. The firm’s quarterly revenue was down 5.9% compared to the same quarter last year. Kforce has set its Q4 2025 guidance at 0.430-0.510 EPS. Research analysts forecast that Kforce Inc. will post 2.7 earnings per share for the current fiscal year.

Kforce Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Friday, December 5th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a $1.56 annualized dividend and a yield of 5.2%. Kforce’s payout ratio is presently 68.72%.

Kforce Company Profile

Kforce Inc provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients primarily in the areas of information technology, such as systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security.