Qsemble Capital Management LP Has $840,000 Stock Position in KBR, Inc. (NYSE:KBR)

Qsemble Capital Management LP lifted its holdings in shares of KBR, Inc. (NYSE:KBR) by 88.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,898 shares of the construction company’s stock after purchasing an additional 6,040 shares during the period. Qsemble Capital Management LP’s holdings in KBR were worth $840,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of KBR. Loomis Sayles & Co. L P grew its position in shares of KBR by 5.3% in the 3rd quarter. Loomis Sayles & Co. L P now owns 1,256,562 shares of the construction company’s stock valued at $81,840,000 after buying an additional 62,880 shares during the last quarter. Dynamic Technology Lab Private Ltd boosted its holdings in KBR by 81.4% in the third quarter. Dynamic Technology Lab Private Ltd now owns 58,045 shares of the construction company’s stock valued at $3,781,000 after acquiring an additional 26,038 shares during the last quarter. Prosperity Financial Group Inc. raised its holdings in KBR by 11.3% during the 3rd quarter. Prosperity Financial Group Inc. now owns 5,705 shares of the construction company’s stock worth $372,000 after purchasing an additional 581 shares during the last quarter. Daiwa Securities Group Inc. bought a new position in KBR during the 3rd quarter worth approximately $111,000. Finally, Algert Global LLC boosted its stake in shares of KBR by 82.5% in the 3rd quarter. Algert Global LLC now owns 106,019 shares of the construction company’s stock valued at $6,905,000 after purchasing an additional 47,920 shares during the last quarter. Institutional investors own 97.02% of the company’s stock.

KBR Trading Up 0.3 %

Shares of KBR stock opened at $61.59 on Wednesday. The stock has a market capitalization of $8.21 billion, a PE ratio of 25.88, a price-to-earnings-growth ratio of 1.22 and a beta of 0.89. KBR, Inc. has a 52 week low of $50.45 and a 52 week high of $72.60. The stock has a 50 day moving average price of $66.21 and a two-hundred day moving average price of $65.50. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.07 and a current ratio of 1.07.

KBR (NYSE:KBR) last posted its quarterly earnings results on Wednesday, October 23rd. The construction company reported $0.84 earnings per share (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 during the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter last year, the firm posted $0.75 EPS. KBR’s revenue was up 10.0% compared to the same quarter last year. 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 of this dividend is Friday, December 13th. This represents a $0.60 annualized dividend and a yield of 0.97%. KBR’s payout ratio is 25.21%.

Analysts Set New Price Targets

KBR has been the subject of a number of analyst reports. KeyCorp lifted their target price on shares of KBR from $75.00 to $78.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. DA Davidson restated a “buy” rating and set a $84.00 target price on shares of KBR in a research report on Tuesday, November 19th. UBS Group lifted their target price on KBR from $77.00 to $78.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. TD Cowen cut KBR from a “buy” rating to a “hold” rating and set a $72.00 price target on the stock. in a report on Friday, September 6th. Finally, Citigroup raised their price objective on shares of KBR from $76.00 to $82.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.