Kforce Inc. (NASDAQ:KFRC) insider Michael R. Blackman sold 378 shares of the business’s stock in a transaction that occurred on Tuesday, December 4th. The stock was sold at an average price of $31.75, for a total transaction of $12,001.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Michael R. Blackman also recently made the following trade(s):

  • On Tuesday, November 13th, Michael R. Blackman sold 6,326 shares of Kforce stock. The stock was sold at an average price of $31.21, for a total transaction of $197,434.46.

NASDAQ:KFRC traded down $0.68 during trading hours on Friday, reaching $29.47. The company’s stock had a trading volume of 9,725 shares, compared to its average volume of 127,842. The company has a market capitalization of $777.53 million, a price-to-earnings ratio of 18.79 and a beta of 1.74. Kforce Inc. has a 12 month low of $23.80 and a 12 month high of $43.51. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.49.

Kforce (NASDAQ:KFRC) last issued its quarterly earnings data on Wednesday, October 31st. The business services provider reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.02). The business had revenue of $355.45 million during the quarter, compared to the consensus estimate of $356.89 million. Kforce had a return on equity of 36.45% and a net margin of 3.40%. The business’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period last year, the firm earned $0.45 EPS. On average, sell-side analysts expect that Kforce Inc. will post 2.21 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 21st. Investors of record on Friday, December 7th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date is Thursday, December 6th. Kforce’s dividend payout ratio (DPR) is 45.86%.

A number of equities analysts recently commented on the stock. BidaskClub downgraded shares of Kforce from a “hold” rating to a “sell” rating in a research note on Friday. Credit Suisse Group assumed coverage on shares of Kforce in a research note on Friday, August 10th. They issued a “neutral” rating and a $38.00 price objective for the company. Finally, ValuEngine downgraded shares of Kforce from a “buy” rating to a “hold” rating in a research note on Thursday, November 1st. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $41.40.

Several hedge funds have recently modified their holdings of KFRC. Zebra Capital Management LLC acquired a new position in shares of Kforce during the second quarter worth $217,000. United Services Automobile Association acquired a new position in shares of Kforce during the third quarter worth $223,000. Baird Financial Group Inc. acquired a new position in shares of Kforce during the second quarter worth $226,000. Caxton Associates LP acquired a new position in shares of Kforce during the third quarter worth $252,000. Finally, Paloma Partners Management Co acquired a new position in shares of Kforce during the second quarter worth $281,000. 82.33% of the stock is currently owned by institutional investors and hedge funds.

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About Kforce

Kforce Inc provides professional staffing services and solutions in the United States and internationally. It operates through Technology (Tech), Finance and Accounting (FA), and Government Solutions (GS) segments. The Tech segment provides temporary staffing and permanent placement services to its clients primarily in the areas of information technology, such as systems/applications architecture and development, project management, enterprise data management, business intelligence, artificial intelligence, machine learning, network architecture, and security.

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