SG Americas Securities LLC Has $11.29 Million Holdings in KBR, Inc. (NYSE:KBR)

SG Americas Securities LLC lifted its position in shares of KBR, Inc. (NYSE:KBR - Free Report) by 4,822.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 194,800 shares of the construction company's stock after acquiring an additional 190,843 shares during the quarter. SG Americas Securities LLC owned approximately 0.15% of KBR worth $11,285,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Pier 88 Investment Partners LLC raised its holdings in KBR by 25.9% during the 3rd quarter. Pier 88 Investment Partners LLC now owns 50,710 shares of the construction company's stock worth $3,303,000 after purchasing an additional 10,420 shares during the last quarter. Hennessy Advisors Inc. bought a new position in KBR in the fourth quarter valued at approximately $47,022,000. GSA Capital Partners LLP acquired a new stake in KBR during the 3rd quarter worth $771,000. Franklin Resources Inc. boosted its position in shares of KBR by 14.5% in the 3rd quarter. Franklin Resources Inc. now owns 2,416,531 shares of the construction company's stock worth $167,876,000 after purchasing an additional 305,889 shares during the last quarter. Finally, Asset Management One Co. Ltd. acquired a new stake in shares of KBR during the third quarter worth $1,928,000. Institutional investors and hedge funds own 97.02% of the company's stock.

KBR Stock Performance

Shares of KBR traded down $1.23 during midday trading on Friday, reaching $56.33. The stock had a trading volume of 747,950 shares, compared to its average volume of 1,106,337. 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 50 day simple moving average of $58.86 and a 200-day simple moving average of $63.73. The firm has a market cap of $7.50 billion, a PE ratio of 23.68, a P/E/G ratio of 1.01 and a beta of 0.85. KBR, Inc. has a one year low of $51.60 and a one year high of $72.60.

KBR (NYSE:KBR - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The construction company reported $0.84 earnings per share for the quarter, hitting analysts' consensus estimates of $0.84. KBR had a return on equity of 28.87% and a net margin of 4.35%. The firm had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the previous year, the business earned $0.75 earnings per share. The business's revenue was up 10.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that KBR, Inc. will post 3.26 EPS for the current year.

Wall Street Analysts Forecast Growth

KBR has been the subject of several recent analyst reports. UBS Group upped their target price on shares of KBR from $77.00 to $78.00 and gave the company a "buy" rating in a research note on Wednesday, October 30th. DA Davidson reissued a "buy" rating and issued a $84.00 target price on shares of KBR in a research note on Tuesday, November 19th. TD Cowen lowered their target price on KBR from $72.00 to $64.00 and set a "hold" rating for the company in a research note on Wednesday, January 8th. KeyCorp cut their price target on shares of KBR from $78.00 to $70.00 and set an "overweight" rating on the stock in a research note on Wednesday, January 8th. Finally, StockNews.com cut shares of KBR from a "strong-buy" rating to a "buy" rating in a research report on Sunday, October 6th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $78.86.

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.