Deutsche Bank AG Has $4.42 Million Holdings in Kforce Inc. $KFRC

Deutsche Bank AG lowered its holdings in shares of Kforce Inc. (NASDAQ:KFRC - Free Report) by 14.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,304 shares of the business services provider's stock after selling 15,056 shares during the period. Deutsche Bank AG owned approximately 0.48% of Kforce worth $4,415,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Signaturefd LLC lifted its holdings in shares of Kforce by 1,069.1% in the first quarter. Signaturefd LLC now owns 795 shares of the business services provider's stock valued at $39,000 after buying an additional 727 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Kforce in the fourth quarter valued at $42,000. Meeder Asset Management Inc. lifted its holdings in shares of Kforce by 336.1% in the first quarter. Meeder Asset Management Inc. now owns 955 shares of the business services provider's stock valued at $47,000 after buying an additional 736 shares during the period. Tower Research Capital LLC TRC lifted its holdings in shares of Kforce by 147.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,118 shares of the business services provider's stock valued at $63,000 after buying an additional 666 shares during the period. Finally, Point72 Asset Management L.P. acquired a new stake in shares of Kforce in the fourth quarter valued at $145,000. Institutional investors own 92.77% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on KFRC. Truist Financial cut their price objective on Kforce from $50.00 to $46.00 and set a "hold" rating for the company in a report on Tuesday, July 29th. UBS Group cut their target price on Kforce from $45.00 to $40.00 and set a "neutral" rating on the stock in a research report on Wednesday, July 30th. Finally, Wall Street Zen lowered Kforce from a "buy" rating to a "hold" rating in a research report on Friday, May 2nd. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $52.33.

Kforce Stock Up 6.8%

NASDAQ:KFRC traded up $2.13 during trading hours on Friday, hitting $33.52. 146,944 shares of the company's stock traded hands, compared to its average volume of 167,077. The firm has a market cap of $623.44 million, a P/E ratio of 12.52 and a beta of 0.75. Kforce Inc. has a twelve month low of $30.44 and a twelve month high of $67.33. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.06 and a current ratio of 2.06. The stock's fifty day moving average price is $39.18 and its two-hundred day moving average price is $43.40.

Kforce (NASDAQ:KFRC - Get Free Report) last posted its quarterly earnings results on Monday, July 28th. The business services provider reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.01). The business had revenue of $334.32 million for the quarter, compared to analyst estimates of $333.78 million. Kforce had a net margin of 3.59% and a return on equity of 30.34%. The firm's quarterly revenue was down 6.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.75 earnings per share. Kforce has set its Q3 2025 guidance at 0.530-0.61 EPS. On average, research analysts expect that Kforce Inc. will post 2.7 earnings per share for the current fiscal year.

Kforce Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Investors of record on Friday, September 12th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend is Friday, September 12th. Kforce's payout ratio is presently 65.27%.

About Kforce

Kforce Inc provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients primarily in the areas of information technology, such as systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security.