Dynamic Technology Lab Private Ltd Has $3.78 Million Stock Position in KBR, Inc. (NYSE:KBR)

Dynamic Technology Lab Private Ltd raised its position in shares of KBR, Inc. (NYSE:KBR - Free Report) by 81.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 58,045 shares of the construction company's stock after purchasing an additional 26,038 shares during the quarter. KBR accounts for 0.4% of Dynamic Technology Lab Private Ltd's portfolio, making the stock its 24th largest position. Dynamic Technology Lab Private Ltd's holdings in KBR were worth $3,781,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Larson Financial Group LLC lifted its holdings in KBR by 2,029.2% in the second quarter. Larson Financial Group LLC now owns 511 shares of the construction company's stock valued at $33,000 after acquiring an additional 487 shares during the period. CWM LLC increased its position in shares of KBR by 39.4% during the second quarter. CWM LLC now owns 817 shares of the construction company's stock worth $52,000 after purchasing an additional 231 shares in the last quarter. Quarry LP boosted its stake in KBR by 454.7% during the 2nd quarter. Quarry LP now owns 821 shares of the construction company's stock worth $53,000 after purchasing an additional 673 shares during the last quarter. Eastern Bank purchased a new stake in shares of KBR in the third quarter valued at about $65,000. Finally, Fifth Third Bancorp grew its holdings in shares of KBR by 17.5% in the second quarter. Fifth Third Bancorp now owns 1,204 shares of the construction company's stock valued at $77,000 after purchasing an additional 179 shares during the period. 97.02% of the stock is currently owned by hedge funds and other institutional investors.

KBR Stock Performance

KBR stock traded down $0.22 during trading hours on Monday, reaching $61.54. 788,985 shares of the stock were exchanged, compared to its average volume of 1,183,557. KBR, Inc. has a 52-week low of $50.45 and a 52-week high of $72.60. The stock has a market cap of $8.20 billion, a P/E ratio of 25.78, a P/E/G ratio of 1.23 and a beta of 0.89. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.07 and a current ratio of 1.07. The firm's 50 day moving average is $66.21 and its 200 day moving average is $65.54.

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

KBR Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.60 dividend on an annualized basis and a yield of 0.97%. KBR's dividend payout ratio (DPR) is 25.21%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on KBR shares. Citigroup upped their price objective on shares of KBR from $76.00 to $82.00 and gave the company a "buy" rating in a report on Tuesday, October 22nd. DA Davidson reaffirmed a "buy" rating and issued a $84.00 target price on shares of KBR in a research report on Tuesday, November 19th. StockNews.com cut shares of KBR from a "strong-buy" rating to a "buy" rating in a research report on Sunday, October 6th. TD Cowen cut shares of KBR from a "buy" rating to a "hold" rating and set a $72.00 price target on the stock. in a research report on Friday, September 6th. Finally, KeyCorp increased their price target on shares of KBR from $75.00 to $78.00 and gave the stock an "overweight" rating in a research report on Thursday, November 7th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, KBR currently has an average rating of "Moderate Buy" and an average price target of $81.14.

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.