Stifel Financial Corp Has $3.88 Million Position in KBR, Inc. (NYSE:KBR)

Stifel Financial Corp decreased its stake in KBR, Inc. (NYSE:KBR - Free Report) by 21.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 59,575 shares of the construction company's stock after selling 16,488 shares during the period. Stifel Financial Corp's holdings in KBR were worth $3,880,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of KBR. Systematic Financial Management LP lifted its position in KBR by 7.7% in the third quarter. Systematic Financial Management LP now owns 781,777 shares of the construction company's stock worth $50,917,000 after purchasing an additional 55,666 shares during the period. Quarry LP boosted its position in shares of KBR by 255.3% during the 3rd quarter. Quarry LP now owns 2,917 shares of the construction company's stock valued at $190,000 after acquiring an additional 2,096 shares in the last quarter. HighTower Advisors LLC increased its stake in KBR by 0.4% in the third quarter. HighTower Advisors LLC now owns 308,622 shares of the construction company's stock valued at $20,118,000 after acquiring an additional 1,305 shares during the period. Centiva Capital LP raised its position in KBR by 58.1% in the third quarter. Centiva Capital LP now owns 25,089 shares of the construction company's stock worth $1,634,000 after purchasing an additional 9,222 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. boosted its holdings in KBR by 150.5% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 6,430 shares of the construction company's stock valued at $419,000 after purchasing an additional 3,863 shares in the last quarter. Institutional investors own 97.02% of the company's stock.

KBR Price Performance

NYSE:KBR traded down $1.79 during mid-day trading on Tuesday, reaching $56.81. 1,396,179 shares of the company were exchanged, compared to its average volume of 1,193,284. KBR, Inc. has a 12 month low of $51.60 and a 12 month high of $72.60. The stock has a market cap of $7.57 billion, a PE ratio of 24.62, a PEG ratio of 1.18 and a beta of 0.84. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.69. The company has a fifty day moving average of $64.76 and a 200 day moving average of $64.89.

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

KBR Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.06%. The ex-dividend date is Friday, December 13th. KBR's dividend payout ratio (DPR) is presently 25.21%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. KeyCorp increased their target price on KBR from $75.00 to $78.00 and gave the stock an "overweight" rating in a report on Thursday, November 7th. UBS Group boosted 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 reiterated a "buy" rating and set a $84.00 target price on shares of KBR in a research report on Tuesday, November 19th. TD Cowen lowered 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, StockNews.com cut shares of KBR from a "strong-buy" rating to a "buy" rating in a research note on Sunday, October 6th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from 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.