UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Stock Position in KBR, Inc. (NYSE:KBR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of KBR, Inc. (NYSE:KBR - Free Report) by 3.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 321,031 shares of the construction company's stock after buying an additional 11,064 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.24% of KBR worth $20,909,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Tidal Investments LLC lifted its stake in KBR by 11.9% during the 1st quarter. Tidal Investments LLC now owns 5,411 shares of the construction company's stock worth $344,000 after acquiring an additional 574 shares in the last quarter. CWM LLC boosted its stake in shares of KBR by 39.4% in the second quarter. CWM LLC now owns 817 shares of the construction company's stock valued at $52,000 after purchasing an additional 231 shares during the period. CX Institutional grew its holdings in shares of KBR by 7.9% in the second quarter. CX Institutional now owns 15,150 shares of the construction company's stock valued at $972,000 after purchasing an additional 1,107 shares in the last quarter. SG Americas Securities LLC increased its stake in KBR by 6.0% during the 2nd quarter. SG Americas Securities LLC now owns 51,807 shares of the construction company's stock worth $3,323,000 after buying an additional 2,941 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its holdings in KBR by 2.6% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 16,865 shares of the construction company's stock worth $1,082,000 after buying an additional 422 shares in the last quarter. 97.02% of the stock is owned by hedge funds and other institutional investors.

KBR Stock Down 1.7 %

NYSE:KBR traded down $1.00 during midday trading on Friday, hitting $59.40. 1,506,914 shares of the company were exchanged, compared to its average volume of 1,183,878. KBR, Inc. has a fifty-two week low of $51.60 and a fifty-two week high of $72.60. The company has a market capitalization of $7.91 billion, a PE ratio of 25.20, a price-to-earnings-growth ratio of 1.21 and a beta of 0.84. 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 company has a fifty day simple moving average of $65.78 and a 200 day simple moving average of $65.23.

KBR (NYSE:KBR - Get Free Report) last posted its earnings results on Wednesday, October 23rd. The construction company reported $0.84 earnings per share for the quarter, meeting the consensus estimate of $0.84. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.95 billion. KBR had a return on equity of 28.87% and a net margin of 4.35%. The business's quarterly revenue was up 10.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.75 EPS. As a group, equities analysts anticipate that KBR, Inc. will post 3.27 earnings per share 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 $0.15 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.60 annualized dividend and a yield of 1.01%. KBR's dividend payout ratio (DPR) is 25.21%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. UBS Group boosted their price target on shares of KBR from $77.00 to $78.00 and gave the stock a "buy" rating in a research note on Wednesday, October 30th. Citigroup boosted their target price on KBR from $76.00 to $82.00 and gave the stock a "buy" rating in a research note on Tuesday, October 22nd. DA Davidson reaffirmed a "buy" rating and issued a $84.00 price target on shares of KBR in a research report on Tuesday, November 19th. KeyCorp boosted their price objective on KBR from $75.00 to $78.00 and gave the stock an "overweight" rating in a research report on Thursday, November 7th. Finally, TD Cowen cut shares of KBR from a "buy" rating to a "hold" rating and set a $72.00 target price on the stock. in a report on Friday, September 6th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price 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.