Deprince Race & Zollo Inc. decreased its stake in shares of Kforce Inc. (NASDAQ:KFRC – Free Report) by 6.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 466,110 shares of the business services provider’s stock after selling 33,623 shares during the quarter. Deprince Race & Zollo Inc.’s holdings in Kforce were worth $13,629,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Charles Schwab Investment Management Inc. lifted its stake in shares of Kforce by 4.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 893,564 shares of the business services provider’s stock worth $27,629,000 after buying an additional 41,740 shares during the period. AQR Capital Management LLC increased its position in shares of Kforce by 81.3% in the 4th quarter. AQR Capital Management LLC now owns 442,523 shares of the business services provider’s stock valued at $13,683,000 after acquiring an additional 198,447 shares during the period. Jacobs Levy Equity Management Inc. increased its position in shares of Kforce by 144.5% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 411,706 shares of the business services provider’s stock valued at $12,343,000 after acquiring an additional 243,303 shares during the period. State Street Corp raised its stake in Kforce by 3.8% in the 4th quarter. State Street Corp now owns 411,177 shares of the business services provider’s stock worth $12,714,000 after acquiring an additional 14,896 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its stake in Kforce by 49.6% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 409,575 shares of the business services provider’s stock worth $12,279,000 after acquiring an additional 135,804 shares during the last quarter. Hedge funds and other institutional investors own 92.77% of the company’s stock.
Analyst Upgrades and Downgrades
KFRC has been the topic of several research analyst reports. Robert W. Baird boosted their price target on Kforce from $40.00 to $42.00 and gave the company an “outperform” rating in a research note on Tuesday, April 28th. Zacks Research lowered Kforce from a “strong-buy” rating to a “hold” rating in a report on Monday. Finally, William Blair upgraded Kforce from a “market perform” rating to an “outperform” rating in a research note on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $39.67.
Kforce Stock Up 0.7%
KFRC stock opened at $50.98 on Friday. The firm’s fifty day simple moving average is $44.22 and its 200-day simple moving average is $35.32. The company has a market capitalization of $909.16 million, a P/E ratio of 19.02 and a beta of 0.87. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.06 and a quick ratio of 2.06. Kforce Inc. has a 12 month low of $24.49 and a 12 month high of $51.35.
Kforce (NASDAQ:KFRC – Get Free Report) last issued its earnings results on Monday, April 27th. The business services provider reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.06. Kforce had a net margin of 3.59% and a return on equity of 30.34%. The firm had revenue of $330.36 million during the quarter, compared to analysts’ expectations of $329.32 million. During the same quarter last year, the company posted $0.45 earnings per share. The firm’s revenue was up .1% compared to the same quarter last year. Kforce has set its Q2 2026 guidance at 0.670-0.750 EPS. As a group, equities research analysts forecast that Kforce Inc. will post 2.7 earnings per share for the current year.
Kforce Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Friday, June 12th. Kforce’s dividend payout ratio (DPR) is currently 80.81%.
Kforce Profile
Kforce Inc is a professional staffing services firm headquartered in Tampa, Florida, trading on NASDAQ under the symbol KFRC. The company specializes in connecting organizations with skilled talent in technology, finance and accounting, and related business functions. Through a nationwide network of offices, Kforce partners with clients across industries to deliver both flexible contract staffing and direct hire placement solutions.
Kforce’s core offerings include temporary staffing, permanent placement, and project-based consulting engagements.
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