KBR, Inc. (NYSE:KBR) Shares Sold by Amundi

Amundi cut its holdings in KBR, Inc. (NYSE:KBR - Free Report) by 14.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 181,145 shares of the construction company's stock after selling 29,611 shares during the quarter. Amundi owned about 0.14% of KBR worth $10,418,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. State Street Corp increased its stake in KBR by 0.7% in the third quarter. State Street Corp now owns 4,016,324 shares of the construction company's stock valued at $262,185,000 after purchasing an additional 29,833 shares during the period. Bank of New York Mellon Corp increased its stake in shares of KBR by 87.2% during the fourth quarter. Bank of New York Mellon Corp now owns 2,805,163 shares of the construction company's stock worth $162,503,000 after acquiring an additional 1,307,033 shares during the period. Franklin Resources Inc. increased its stake in shares of KBR by 14.5% during the third quarter. Franklin Resources Inc. now owns 2,416,531 shares of the construction company's stock worth $167,876,000 after acquiring an additional 305,889 shares during the period. Jennison Associates LLC increased its stake in shares of KBR by 27.8% during the third quarter. Jennison Associates LLC now owns 1,621,740 shares of the construction company's stock worth $105,624,000 after acquiring an additional 353,209 shares during the period. Finally, Loomis Sayles & Co. L P increased its stake in shares of KBR by 5.3% during the third quarter. Loomis Sayles & Co. L P now owns 1,256,562 shares of the construction company's stock worth $81,840,000 after acquiring an additional 62,880 shares during the period. 97.02% of the stock is currently owned by institutional investors and hedge funds.

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KBR Price Performance

Shares of NYSE KBR traded up $0.62 on Friday, hitting $50.63. The company's stock had a trading volume of 1,456,148 shares, compared to its average volume of 1,238,132. KBR, Inc. has a 12-month low of $47.16 and a 12-month high of $72.60. The company has a market capitalization of $6.70 billion, a price-to-earnings ratio of 21.27, a price-to-earnings-growth ratio of 0.86 and a beta of 0.86. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a 50 day moving average of $53.86 and a 200-day moving average of $60.24.

KBR (NYSE:KBR - Get Free Report) last announced its quarterly earnings results on Monday, February 24th. The construction company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.08. The company had revenue of $2.12 billion for the quarter, compared to the consensus estimate of $2 billion. KBR had a net margin of 4.35% and a return on equity of 28.87%. As a group, research analysts predict that KBR, Inc. will post 3.26 EPS for the current year.

KBR Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be paid a dividend of $0.165 per share. This is an increase from KBR's previous quarterly dividend of $0.15. The ex-dividend date is Friday, March 14th. This represents a $0.66 annualized dividend and a dividend yield of 1.30%. KBR's dividend payout ratio is presently 23.57%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. TD Cowen dropped their price target on shares of KBR from $72.00 to $64.00 and set a "hold" rating on the stock in a research note on Wednesday, January 8th. DA Davidson reiterated a "buy" rating and set a $84.00 price target on shares of KBR in a research note on Tuesday, November 19th. Citigroup decreased their price objective on shares of KBR from $82.00 to $76.00 and set a "buy" rating on the stock in a report on Wednesday, January 29th. KeyCorp decreased their price objective on shares of KBR from $70.00 to $67.00 and set an "overweight" rating on the stock in a report on Tuesday, February 25th. Finally, The Goldman Sachs Group decreased their price objective on shares of KBR from $75.00 to $64.00 and set a "buy" rating on the stock in a report on Wednesday, February 26th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $75.88.

KBR Profile

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.