Kforce, Inc. (NASDAQ:KFRC) Director John Allred sold 3,100 shares of Kforce stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $26.19, for a total value of $81,189.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

John Allred also recently made the following trade(s):

  • On Monday, December 11th, John Allred sold 600 shares of Kforce stock. The shares were sold at an average price of $26.13, for a total value of $15,678.00.

Kforce, Inc. (NASDAQ KFRC) traded down $0.20 on Thursday, reaching $25.35. The company had a trading volume of 92,318 shares, compared to its average volume of 126,376. The firm has a market capitalization of $694.77, a PE ratio of 17.74 and a beta of 1.67. Kforce, Inc. has a 52-week low of $16.75 and a 52-week high of $26.95. The company has a current ratio of 2.95, a quick ratio of 2.95 and a debt-to-equity ratio of 0.91.

Kforce (NASDAQ:KFRC) last released its quarterly earnings data on Tuesday, October 31st. The business services provider reported $0.45 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.45. The firm had revenue of $341.05 million during the quarter, compared to analysts’ expectations of $340.67 million. Kforce had a return on equity of 28.83% and a net margin of 2.71%. The business’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter last year, the firm earned $0.44 earnings per share. research analysts forecast that Kforce, Inc. will post 1.5 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Friday, December 8th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $0.48 dividend on an annualized basis and a yield of 1.89%. Kforce’s payout ratio is 33.57%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. California Public Employees Retirement System boosted its position in Kforce by 3.0% during the third quarter. California Public Employees Retirement System now owns 119,477 shares of the business services provider’s stock valued at $2,413,000 after purchasing an additional 3,477 shares during the last quarter. Royce & Associates LP boosted its position in Kforce by 9.1% during the third quarter. Royce & Associates LP now owns 248,374 shares of the business services provider’s stock valued at $5,017,000 after purchasing an additional 20,700 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Kforce by 18.8% during the third quarter. Envestnet Asset Management Inc. now owns 19,487 shares of the business services provider’s stock valued at $394,000 after purchasing an additional 3,078 shares during the last quarter. KBC Group NV boosted its position in Kforce by 44.8% during the third quarter. KBC Group NV now owns 19,631 shares of the business services provider’s stock valued at $397,000 after purchasing an additional 6,077 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its position in Kforce by 11.8% during the third quarter. Schwab Charles Investment Management Inc. now owns 262,113 shares of the business services provider’s stock valued at $5,295,000 after purchasing an additional 27,744 shares during the last quarter. 79.05% of the stock is owned by hedge funds and other institutional investors.

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

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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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