Atria Investments Inc Has $602,000 Holdings in KBR, Inc. (NYSE:KBR)

Atria Investments Inc raised its holdings in shares of KBR, Inc. (NYSE:KBR - Free Report) by 123.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,389 shares of the construction company's stock after acquiring an additional 5,745 shares during the quarter. Atria Investments Inc's holdings in KBR were worth $602,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. True Wealth Design LLC purchased a new stake in shares of KBR during the third quarter worth about $26,000. UMB Bank n.a. boosted its holdings in KBR by 49.2% in the fourth quarter. UMB Bank n.a. now owns 531 shares of the construction company's stock worth $31,000 after purchasing an additional 175 shares during the last quarter. First Horizon Advisors Inc. purchased a new position in shares of KBR during the 4th quarter worth $32,000. Wilmington Savings Fund Society FSB bought a new stake in shares of KBR during the 4th quarter valued at $68,000. Finally, Venturi Wealth Management LLC raised its position in shares of KBR by 507.2% during the 4th quarter. Venturi Wealth Management LLC now owns 1,603 shares of the construction company's stock valued at $93,000 after purchasing an additional 1,339 shares during the period. Institutional investors own 97.02% of the company's stock.

KBR Stock Performance

KBR stock traded up $0.62 during midday trading on Friday, hitting $50.63. 1,456,148 shares of the stock traded hands, compared to its average volume of 1,240,625. The stock's fifty day simple moving average is $53.86 and its 200-day simple moving average is $60.29. KBR, Inc. has a 1-year low of $47.16 and a 1-year high of $72.60. The firm has a market cap of $6.70 billion, a P/E ratio of 21.27, a PEG 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.

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KBR (NYSE:KBR - Get Free Report) last posted its quarterly earnings results on Monday, February 24th. The construction company reported $0.91 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.08. The firm had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2 billion. KBR had a net margin of 4.35% and a return on equity of 28.87%. On average, analysts expect that KBR, Inc. will post 3.26 earnings per share for the current year.

KBR Increases Dividend

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

Analysts Set New Price Targets

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

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.