KBR, Inc. (NYSE:KBR) Shares Acquired by Rhumbline Advisers
Rhumbline Advisers lifted its position in shares of KBR, Inc. (NYSE:KBR) by 4.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 494,253 shares of the construction company’s stock after purchasing an additional 19,404 shares during the quarter. Rhumbline Advisers’ holdings in KBR were worth $10,221,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Eqis Capital Management Inc. grew its stake in shares of KBR by 29.1% during the 4th quarter. Eqis Capital Management Inc. now owns 47,755 shares of the construction company’s stock worth $1,457,000 after purchasing an additional 10,773 shares during the period. New York State Teachers Retirement System grew its stake in shares of KBR by 72.6% during the 4th quarter. New York State Teachers Retirement System now owns 501,146 shares of the construction company’s stock worth $15,285,000 after purchasing an additional 210,800 shares during the period. Texas Permanent School Fund grew its stake in shares of KBR by 24.5% during the 1st quarter. Texas Permanent School Fund now owns 120,637 shares of the construction company’s stock worth $2,495,000 after purchasing an additional 23,704 shares during the period. Strs Ohio grew its stake in shares of KBR by 221.2% during the 4th quarter. Strs Ohio now owns 54,600 shares of the construction company’s stock worth $1,665,000 after purchasing an additional 37,600 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in shares of KBR by 5.3% during the 4th quarter. Bank of New York Mellon Corp now owns 2,585,296 shares of the construction company’s stock worth $78,852,000 after purchasing an additional 129,130 shares during the period. 95.29% of the stock is currently owned by institutional investors and hedge funds.
In other KBR news, insider Gregory Sean Conlon sold 12,250 shares of the firm’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $25.62, for a total value of $313,845.00. Following the completion of the sale, the insider now directly owns 59,904 shares of the company’s stock, valued at approximately $1,534,740.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Mark W. Sopp bought 2,000 shares of the business’s stock in a transaction on Monday, March 2nd. The stock was bought at an average cost of $25.72 per share, with a total value of $51,440.00. Following the completion of the purchase, the chief financial officer now directly owns 105,128 shares in the company, valued at $2,703,892.16. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 8,525 shares of company stock worth $200,961 and sold 15,031 shares worth $377,640. Company insiders own 0.97% of the company’s stock.
Shares of KBR stock opened at $20.78 on Friday. The stock’s fifty day moving average is $19.96 and its two-hundred day moving average is $25.75. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.22 and a current ratio of 1.22. The firm has a market capitalization of $2.97 billion, a P/E ratio of 12.22, a PEG ratio of 1.37 and a beta of 1.21. KBR, Inc. has a fifty-two week low of $12.00 and a fifty-two week high of $31.92.
KBR (NYSE:KBR) last announced its quarterly earnings data on Wednesday, April 29th. The construction company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.46 billion. KBR had a return on equity of 13.74% and a net margin of 0.99%. The firm’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.36 EPS. On average, equities analysts forecast that KBR, Inc. will post 1.59 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Monday, June 15th will be issued a $0.10 dividend. The ex-dividend date is Friday, June 12th. This represents a $0.40 dividend on an annualized basis and a yield of 1.92%. KBR’s payout ratio is currently 23.67%.
KBR, Inc provides professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries worldwide. The company operates through three segments: Government Services, Technology & Consulting, and Engineering & Construction. The Government Services segment offers life-cycle support solutions to defense, space, aviation, and other programs and missions for government agencies in the United States, the United Kingdom, and Australia.
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