Rational Advisors LLC Has $2.42 Million Stock Position in KBR, Inc. (NYSE:KBR)

Rational Advisors LLC lifted its position in shares of KBR, Inc. (NYSE:KBR - Free Report) by 128.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 37,200 shares of the construction company's stock after acquiring an additional 20,900 shares during the quarter. Rational Advisors LLC's holdings in KBR were worth $2,423,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in KBR. Larson Financial Group LLC boosted its stake 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 last quarter. CWM LLC increased its stake 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 purchasing an additional 231 shares in the last quarter. Quarry LP raised its holdings 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 buying an additional 673 shares during the period. Eastern Bank bought a new position in KBR in the third quarter valued at approximately $65,000. Finally, Fifth Third Bancorp lifted its position in 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 acquiring an additional 179 shares in the last quarter. Institutional investors and hedge funds own 97.02% of the company's stock.

KBR Stock Performance

Shares of KBR stock traded up $0.65 on Tuesday, hitting $68.03. The company's stock had a trading volume of 752,488 shares, compared to its average volume of 1,108,098. KBR, Inc. has a fifty-two week low of $49.69 and a fifty-two week high of $71.38. The company has a market capitalization of $9.06 billion, a PE ratio of 28.58, a PEG ratio of 1.34 and a beta of 0.89. The stock's 50 day moving average is $66.29 and its 200-day moving average is $65.59. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.07 and a current ratio of 1.07.

KBR (NYSE:KBR - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The construction company reported $0.84 EPS for the quarter, hitting the consensus estimate of $0.84. The company had revenue of $1.95 billion for the quarter, compared to analysts' expectations of $1.95 billion. KBR had a net margin of 4.35% and a return on equity of 28.87%. The business's revenue for the quarter was up 10.0% on a year-over-year basis. During the same period last year, the firm earned $0.75 earnings per share. Equities research analysts expect that KBR, Inc. will post 3.26 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. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.88%. KBR's payout ratio is 25.21%.

Insider Transactions at KBR

In related news, insider Jalal Ibrahim sold 35,000 shares of the business's stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $66.56, for a total value of $2,329,600.00. Following the completion of the transaction, the insider now owns 106,550 shares of the company's stock, valued at $7,091,968. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.08% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. TD Cowen downgraded KBR from a "buy" rating to a "hold" rating and set a $72.00 price target on the stock. in a research note on Friday, September 6th. Citigroup upped their target price on KBR from $76.00 to $82.00 and gave the stock a "buy" rating in a report on Tuesday, October 22nd. DA Davidson upped their price objective on KBR from $78.00 to $84.00 and gave the stock a "buy" rating in a research note on Friday, October 25th. KeyCorp lifted their price objective on shares of KBR from $73.00 to $75.00 and gave the company an "overweight" rating in a research report on Tuesday, October 8th. Finally, UBS Group increased their price target on KBR from $77.00 to $78.00 and gave the company a "buy" rating in a research note on Wednesday, October 30th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, KBR currently has a consensus rating of "Moderate Buy" and an average price target of $80.71.

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.