11,841 Shares in KBR, Inc. (NYSE:KBR) Bought by GSA Capital Partners LLP

GSA Capital Partners LLP purchased a new stake in shares of KBR, Inc. (NYSE:KBR - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 11,841 shares of the construction company's stock, valued at approximately $771,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of KBR. State Board of Administration of Florida Retirement System raised its stake in KBR by 4.5% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 87,941 shares of the construction company's stock valued at $5,598,000 after purchasing an additional 3,800 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in KBR by 4.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 17,027 shares of the construction company's stock worth $1,084,000 after acquiring an additional 686 shares during the period. Natixis acquired a new position in shares of KBR in the 1st quarter valued at about $7,353,000. MQS Management LLC acquired a new stake in shares of KBR during the first quarter worth approximately $210,000. Finally, Cloverfields Capital Group LP grew its position in KBR by 369.3% during the first quarter. Cloverfields Capital Group LP now owns 80,820 shares of the construction company's stock valued at $5,145,000 after purchasing an additional 63,599 shares in the last quarter. Institutional investors own 97.02% of the company's stock.

KBR Stock Down 0.8 %

Shares of NYSE KBR traded down $0.48 during mid-day trading on Monday, hitting $58.17. The company had a trading volume of 3,251,927 shares, compared to its average volume of 1,159,143. KBR, Inc. has a one year low of $50.45 and a one year high of $72.60. The company has a market capitalization of $7.75 billion, a PE ratio of 24.44, a price-to-earnings-growth ratio of 1.17 and a beta of 0.89. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.69. The firm has a 50-day simple moving average of $66.36 and a two-hundred day simple moving average of $65.75.

KBR (NYSE:KBR - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The construction company reported $0.84 EPS for the quarter, meeting analysts' consensus estimates of $0.84. The firm had revenue of $1.95 billion during the quarter, compared to analysts' expectations of $1.95 billion. KBR had a net margin of 4.35% and a return on equity of 28.87%. The company's revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.75 earnings per share. On average, equities analysts expect that KBR, Inc. will post 3.27 EPS for the current year.

KBR Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date is Friday, December 13th. KBR's dividend payout ratio is 25.21%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on KBR. TD Cowen cut shares of KBR from a "buy" rating to a "hold" rating and set a $72.00 target price for the company. in a research note on Friday, September 6th. KeyCorp raised their target price on KBR from $75.00 to $78.00 and gave the company an "overweight" rating in a report on Thursday, November 7th. StockNews.com lowered KBR from a "strong-buy" rating to a "buy" rating in a report on Sunday, October 6th. Citigroup upped their target price on KBR from $76.00 to $82.00 and gave the stock a "buy" rating in a research report on Tuesday, October 22nd. Finally, DA Davidson boosted their price objective on shares of KBR from $78.00 to $84.00 and gave the stock a "buy" rating in a research note on Friday, October 25th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $81.14.

About KBR

KBR, Inc provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. It operates through Government Solutions and Sustainable Technology Solutions segments. The Government Solutions segment offers life-cycle support solutions to defense, intelligence, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia.