KBR, Inc. (NYSE:KBR) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC grew its stake in KBR, Inc. (NYSE:KBR - Free Report) by 34.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 55,584 shares of the construction company's stock after buying an additional 14,295 shares during the quarter. Natixis Advisors LLC's holdings in KBR were worth $3,620,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in KBR. Fifth Third Bancorp increased its position in shares of KBR by 17.5% in the 2nd 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 last quarter. CWM LLC boosted its position in shares of KBR by 39.4% during the 2nd quarter. CWM LLC now owns 817 shares of the construction company's stock worth $52,000 after acquiring an additional 231 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of KBR by 27.7% in the 2nd quarter. Blue Trust Inc. now owns 1,457 shares of the construction company's stock valued at $93,000 after acquiring an additional 316 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of KBR by 2.9% during the 3rd quarter. Janney Montgomery Scott LLC now owns 11,764 shares of the construction company's stock worth $766,000 after acquiring an additional 335 shares in the last quarter. Finally, Sequoia Financial Advisors LLC lifted its stake in KBR by 2.6% during the second quarter. Sequoia Financial Advisors LLC now owns 16,865 shares of the construction company's stock worth $1,082,000 after purchasing an additional 422 shares during the last quarter. 97.02% of the stock is currently owned by hedge funds and other institutional investors.

KBR Stock Performance

Shares of NYSE:KBR traded up $1.53 during midday trading on Friday, hitting $61.76. The stock had a trading volume of 2,418,013 shares, compared to its average volume of 1,899,209. The company has a market capitalization of $8.23 billion, a PE ratio of 25.95, a P/E/G ratio of 1.20 and a beta of 0.89. KBR, Inc. has a 1 year low of $50.45 and a 1 year high of $72.60. The stock has a 50 day moving average price of $66.21 and a two-hundred day moving average price of $65.54. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.69.

KBR (NYSE:KBR - Get Free Report) last released its 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 return on equity of 28.87% and a net margin of 4.35%. The company had revenue of $1.95 billion for the quarter, compared to analysts' expectations of $1.95 billion. During the same quarter in the previous year, the firm posted $0.75 EPS. The firm's quarterly revenue was up 10.0% on a year-over-year basis. As a group, equities analysts predict that KBR, Inc. will post 3.27 earnings per share for the current fiscal year.

KBR Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be given a dividend of $0.15 per share. The ex-dividend date is Friday, December 13th. This represents a $0.60 annualized dividend and a dividend yield of 0.97%. KBR's payout ratio is currently 25.21%.

Analyst Upgrades and Downgrades

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

KBR Company 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.