Aperio Group LLC Increases Stake in KBR, Inc. (KBR)

Aperio Group LLC boosted its stake in KBR, Inc. (NYSE:KBR) by 12.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 68,581 shares of the construction company’s stock after buying an additional 7,716 shares during the period. Aperio Group LLC’s holdings in KBR were worth $1,044,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. 1060 Capital LLC purchased a new position in KBR during the first quarter valued at about $19,915,000. UBS Asset Management Americas Inc. increased its position in KBR by 15.6% in the first quarter. UBS Asset Management Americas Inc. now owns 136,772 shares of the construction company’s stock valued at $2,056,000 after buying an additional 18,489 shares during the period. State Treasurer State of Michigan increased 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 valued at $872,000 after buying an additional 700 shares during the period. BlueCrest Capital Management Ltd purchased a new position in KBR during the first quarter valued at about $267,000. Finally, Alpha Windward LLC purchased a new position in KBR during the second quarter valued at about $461,000. 99.74% of the stock is owned by institutional investors and hedge funds.

KBR, Inc. (KBR) traded down 0.33% during mid-day trading on Thursday, reaching $15.23. The company had a trading volume of 799,220 shares. The firm’s market capitalization is $2.13 billion. KBR, Inc. has a 12 month low of $13.16 and a 12 month high of $17.95. The stock’s 50-day moving average is $15.56 and its 200 day moving average is $15.19.

KBR (NYSE:KBR) last announced its quarterly earnings data on Wednesday, August 2nd. The construction company reported $0.54 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.05. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.10 billion. KBR had a positive return on equity of 8.74% and a negative net margin of 0.81%. The company’s revenue was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.35 earnings per share. On average, analysts predict that KBR, Inc. will post $1.43 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Stockholders 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 annualized dividend and a dividend yield of 2.09%. KBR’s dividend payout ratio (DPR) is -128.00%.

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Several research analysts have recently issued reports on KBR shares. BidaskClub downgraded KBR from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Zacks Investment Research downgraded KBR from a “hold” rating to a “sell” rating in a research note on Tuesday, July 4th. TheStreet raised KBR from a “d+” rating to a “c-” rating in a research note on Thursday, August 3rd. Finally, Vertical Research raised KBR from a “hold” rating to a “buy” rating in a research note on Monday, May 1st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. KBR presently has an average rating of “Hold” and a consensus price target of $18.22.

KBR Company Profile

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)

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