Kforce, Inc. (NASDAQ:KFRC) CEO David L. Dunkel sold 8,112 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $26.50, for a total value of $214,968.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

David L. Dunkel also recently made the following trade(s):

  • On Friday, December 15th, David L. Dunkel sold 388 shares of Kforce stock. The shares were sold at an average price of $26.50, for a total value of $10,282.00.
  • On Tuesday, December 12th, David L. Dunkel sold 1,500 shares of Kforce stock. The shares were sold at an average price of $26.50, for a total value of $39,750.00.
  • On Friday, November 3rd, David L. Dunkel sold 700 shares of Kforce stock. The shares were sold at an average price of $23.55, for a total value of $16,485.00.
  • On Monday, November 6th, David L. Dunkel sold 17,000 shares of Kforce stock. The shares were sold at an average price of $23.90, for a total value of $406,300.00.

Kforce, Inc. (KFRC) opened at $26.05 on Friday. The company has a market capitalization of $698.74, a P/E ratio of 17.84 and a beta of 1.67. The company has a quick ratio of 2.95, a current ratio of 2.95 and a debt-to-equity ratio of 0.91. Kforce, Inc. has a 1-year low of $16.75 and a 1-year high of $26.95.

Kforce (NASDAQ:KFRC) last announced its earnings results on Tuesday, October 31st. The business services provider reported $0.45 EPS for the quarter, hitting the consensus estimate of $0.45. The business had revenue of $341.05 million for the quarter, compared to the consensus estimate of $340.67 million. Kforce had a return on equity of 28.83% and a net margin of 2.71%. Kforce’s revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.44 EPS. research analysts anticipate that Kforce, Inc. will post 1.5 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 8th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend is Thursday, December 7th. Kforce’s payout ratio is currently 33.57%.

Several equities research analysts have recently weighed in on KFRC shares. Zacks Investment Research upgraded Kforce from a “sell” rating to a “hold” rating in a research note on Wednesday, October 4th. Robert W. Baird reiterated a “buy” rating and issued a $20.00 price objective on shares of Kforce in a research note on Tuesday, September 12th. ValuEngine lowered Kforce from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. SunTrust Banks lowered Kforce from a “buy” rating to a “hold” rating and lowered their price objective for the company from $23.00 to $22.00 in a research note on Wednesday, October 11th. Finally, Northcoast Research upgraded Kforce from a “neutral” rating to a “buy” rating in a research note on Monday, November 6th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $24.20.

Institutional investors and hedge funds have recently made changes to their positions in the company. Schwab Charles Investment Management Inc. boosted its holdings in shares of Kforce by 6.1% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 234,369 shares of the business services provider’s stock worth $4,594,000 after acquiring an additional 13,533 shares in the last quarter. AJO LP acquired a new position in shares of Kforce in the 2nd quarter worth approximately $1,828,000. IndexIQ Advisors LLC boosted its holdings in shares of Kforce by 83.2% in the 3rd quarter. IndexIQ Advisors LLC now owns 36,495 shares of the business services provider’s stock worth $737,000 after acquiring an additional 16,569 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Kforce by 13.1% in the 2nd quarter. Wells Fargo & Company MN now owns 57,251 shares of the business services provider’s stock worth $1,122,000 after acquiring an additional 6,632 shares in the last quarter. Finally, LSV Asset Management boosted its holdings in shares of Kforce by 73.7% in the 2nd quarter. LSV Asset Management now owns 344,933 shares of the business services provider’s stock worth $6,760,000 after acquiring an additional 146,400 shares in the last quarter. 78.77% of the stock is currently owned by institutional investors and hedge funds.

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Kforce Company Profile

Kforce Inc (Kforce) is engaged in providing professional and technical specialty staffing services and solutions. The Company operates through three segments, which include Technology (Tech), Finance and Accounting (FA) and Government Solutions (GS). The Company’s Tech segment includes the operations of its subsidiary Kforce Global Solutions, Inc The FA segment is engaged in providing both temporary staffing and permanent placement services to its clients in areas, such as general accounting, business analysis and others.

Insider Buying and Selling by Quarter for Kforce (NASDAQ:KFRC)

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