KBR, Inc. (NYSE:KBR) Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets increased its stake in KBR, Inc. (NYSE:KBR - Free Report) by 32.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 46,686 shares of the construction company's stock after buying an additional 11,392 shares during the period. BNP Paribas Financial Markets' holdings in KBR were worth $3,041,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in KBR. Tidal Investments LLC lifted its position in shares of KBR by 11.9% during the first quarter. Tidal Investments LLC now owns 5,411 shares of the construction company's stock worth $344,000 after purchasing an additional 574 shares during the last quarter. CWM LLC lifted its holdings in KBR by 39.4% during the 2nd quarter. CWM LLC now owns 817 shares of the construction company's stock worth $52,000 after buying an additional 231 shares during the last quarter. CX Institutional grew its position in shares of KBR by 7.9% in the 2nd quarter. CX Institutional now owns 15,150 shares of the construction company's stock worth $972,000 after acquiring an additional 1,107 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of KBR by 6.0% in the 2nd quarter. SG Americas Securities LLC now owns 51,807 shares of the construction company's stock valued at $3,323,000 after acquiring an additional 2,941 shares during the last quarter. Finally, Sequoia Financial Advisors LLC raised its position in shares of KBR by 2.6% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 16,865 shares of the construction company's stock valued at $1,082,000 after acquiring an additional 422 shares in the last quarter. 97.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have weighed in on KBR. StockNews.com lowered shares of KBR from a "strong-buy" rating to a "buy" rating in a research note on Sunday, October 6th. TD Cowen lowered shares of KBR from a "buy" rating to a "hold" rating and set a $72.00 price objective on the stock. in a research note on Friday, September 6th. Citigroup raised their target price on shares of KBR from $76.00 to $82.00 and gave the stock a "buy" rating in a report on Tuesday, October 22nd. UBS Group upped their target price on KBR from $77.00 to $78.00 and gave the company a "buy" rating in a report on Wednesday, October 30th. Finally, KeyCorp upped their price objective on KBR from $75.00 to $78.00 and gave the stock an "overweight" rating in a research note on Thursday, November 7th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, KBR presently has an average rating of "Moderate Buy" and a consensus target price of $81.14.

KBR Stock Performance

KBR traded down $1.00 during trading hours on Friday, hitting $59.40. The company's stock had a trading volume of 1,506,914 shares, compared to its average volume of 1,183,878. The company has a 50-day simple moving average of $65.78 and a 200 day simple moving average of $65.23. 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 market capitalization of $7.91 billion, a PE ratio of 25.20, a PEG ratio of 1.21 and a beta of 0.84. KBR, Inc. has a fifty-two week low of $51.60 and a fifty-two week high of $72.60.

KBR (NYSE:KBR - Get Free Report) last issued 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 company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.95 billion. KBR had a return on equity of 28.87% and a net margin of 4.35%. The company's quarterly revenue was up 10.0% compared to the same quarter last year. During the same period last year, the company earned $0.75 earnings per share. As a group, sell-side analysts expect that KBR, Inc. will post 3.27 EPS for the current year.

KBR Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend is Friday, December 13th. KBR's dividend payout ratio (DPR) is presently 25.21%.

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.