12,800 Shares in KBR, Inc. (NYSE:KBR) Acquired by Fox Run Management L.L.C.

Fox Run Management L.L.C. purchased a new stake in KBR, Inc. (NYSE:KBR) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,800 shares of the construction company’s stock, valued at approximately $195,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. State Treasurer State of Michigan boosted its position in KBR by 1.2% in the first quarter. State Treasurer State of Michigan now owns 58,042 shares of the construction company’s stock worth $872,000 after buying an additional 700 shares during the last quarter. Great West Life Assurance Co. Can boosted its position in KBR by 2.9% in the first quarter. Great West Life Assurance Co. Can now owns 84,031 shares of the construction company’s stock worth $1,262,000 after buying an additional 2,387 shares during the last quarter. Tocqueville Asset Management L.P. boosted its position in KBR by 0.6% in the first quarter. Tocqueville Asset Management L.P. now owns 891,635 shares of the construction company’s stock worth $13,401,000 after buying an additional 5,569 shares during the last quarter. Canada Pension Plan Investment Board boosted its position in KBR by 10.1% in the first quarter. Canada Pension Plan Investment Board now owns 140,276 shares of the construction company’s stock worth $2,108,000 after buying an additional 12,866 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund boosted its position in KBR by 1.4% in the first quarter. Oregon Public Employees Retirement Fund now owns 49,851 shares of the construction company’s stock worth $749,000 after buying an additional 700 shares during the last quarter. Institutional investors and hedge funds own 99.74% of the company’s stock.

Shares of KBR, Inc. (KBR) opened at 16.16 on Friday. The firm’s 50-day moving average is $15.53 and its 200 day moving average is $15.25. The stock’s market cap is $2.26 billion. KBR, Inc. has a 12 month low of $13.16 and a 12 month high of $17.95.

KBR (NYSE:KBR) last released its quarterly earnings data on Wednesday, August 2nd. The construction company reported $0.54 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.05. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.10 billion. KBR had a negative net margin of 0.81% and a positive return on equity of 8.74%. The firm’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.35 earnings per share. On average, equities analysts predict that KBR, Inc. will post $1.36 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, September 15th will be issued a $0.08 dividend. The ex-dividend date is Thursday, September 14th. This represents a $0.32 dividend on an annualized basis and a yield of 1.98%. KBR’s dividend payout ratio is presently -128.00%.

TRADEMARK VIOLATION WARNING: “12,800 Shares in KBR, Inc. (NYSE:KBR) Acquired by Fox Run Management L.L.C.” was posted by Community Financial News and is owned by of Community Financial News. If you are reading this news story on another website, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright law. The legal version of this news story can be read at https://www.com-unik.info/2017/08/12/12800-shares-in-kbr-inc-nysekbr-acquired-by-fox-run-management-l-l-c-updated-updated.html.

Several analysts have recently issued reports on KBR shares. BidaskClub raised shares of KBR from a “sell” rating to a “hold” rating in a research report on Saturday, August 5th. TheStreet raised shares of KBR from a “d+” rating to a “c-” rating in a research report on Thursday, August 3rd. Zacks Investment Research lowered shares of KBR from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. Finally, Vertical Research raised shares of KBR from a “hold” rating to a “buy” rating in a report on Monday, May 1st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company. KBR presently has an average rating of “Buy” and an average price target of $18.22.

About KBR

KBR, Inc is a provider of professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries. The Company operates through business segments, including Technology & Consulting (T&C), Engineering & Construction (E&C), Government Services (GS), Non-strategic Business and Other.

Institutional Ownership by Quarter for KBR (NYSE:KBR)

What are top analysts saying about KBR Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for KBR Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit