Deutsche Bank AG Makes New Investment in Kforce Inc. $KFRC

Key Points

• Deutsche Bank AG acquired 93,382 shares of Kforce in the second quarter, worth approximately $4.38 million and representing about 0.52% of the company. Institutional investors collectively own 92.77% of Kforce’s stock.
• Kforce reported quarterly EPS of $0.73, exceeding the $0.70 consensus estimate, while revenue rose 4.5% year over year to $349.33 million. The company guided to third-quarter 2026 EPS of $0.71–$0.79.
• Analysts maintain a consensus “Hold” rating with an average price target of $60.67, while Kforce announced a quarterly dividend of $0.40 per share, equivalent to a 2.8% yield.

Deutsche Bank AG purchased a new position in Kforce Inc. (NASDAQ:KFRC - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 93,382 shares of the business services provider's stock, valued at approximately $4,381,000. Deutsche Bank AG owned about 0.52% of Kforce at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Jacobs Levy Equity Management Inc. raised its holdings in shares of Kforce by 144.5% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 411,706 shares of the business services provider's stock valued at $12,343,000 after buying an additional 243,303 shares in the last quarter. Copeland Capital Management LLC boosted its stake in Kforce by 51.5% in the first quarter. Copeland Capital Management LLC now owns 666,331 shares of the business services provider's stock worth $19,484,000 after buying an additional 226,520 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in Kforce in the second quarter worth approximately $10,359,000. Russell Investments Group Ltd. grew its position in Kforce by 258.2% during the third quarter. Russell Investments Group Ltd. now owns 285,019 shares of the business services provider's stock valued at $8,545,000 after acquiring an additional 205,457 shares during the last quarter. Finally, AQR Capital Management LLC grew its position in Kforce by 81.3% during the fourth quarter. AQR Capital Management LLC now owns 442,523 shares of the business services provider's stock valued at $13,683,000 after acquiring an additional 198,447 shares during the last quarter. Hedge funds and other institutional investors own 92.77% of the company's stock.

Wall Street Analyst Weigh In

KFRC has been the subject of a number of recent research reports. Robert W. Baird boosted their price objective on shares of Kforce from $42.00 to $63.00 and gave the stock an "outperform" rating in a report on Tuesday, July 28th. UBS Group set a $59.00 target price on shares of Kforce in a report on Tuesday, July 28th. Zacks Research cut shares of Kforce from a "strong-buy" rating to a "hold" rating in a research report on Monday, June 29th. Finally, Truist Financial boosted their price target on shares of Kforce from $38.00 to $60.00 and gave the stock a "hold" rating in a research note on Wednesday, July 22nd. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $60.67.

• Kforce NASDAQ: KFRC Stock is a Workforce Recovery Play

Kforce Price Performance

KFRC opened at $57.60 on Wednesday. The stock's 50 day simple moving average is $54.61 and its 200 day simple moving average is $41.73. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.06 and a quick ratio of 2.06. Kforce Inc. has a 1 year low of $24.49 and a 1 year high of $61.68. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of 21.49 and a beta of 0.85.

Kforce (NASDAQ:KFRC - Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The business services provider reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.03. The firm had revenue of $349.33 million during the quarter, compared to the consensus estimate of $348.11 million. Kforce had a return on equity of 30.34% and a net margin of 3.59%.The business's revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.59 earnings per share. Kforce has set its Q3 2026 guidance at 0.710-0.790 EPS. As a group, analysts predict that Kforce Inc. will post 2.7 earnings per share for the current year.

Kforce Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, September 11th. Kforce's payout ratio is presently 75.47%.

Kforce Profile

Kforce Inc is a professional staffing services firm headquartered in Tampa, Florida, trading on NASDAQ under the symbol KFRC. The company specializes in connecting organizations with skilled talent in technology, finance and accounting, and related business functions. Through a nationwide network of offices, Kforce partners with clients across industries to deliver both flexible contract staffing and direct hire placement solutions.

Kforce's core offerings include temporary staffing, permanent placement, and project-based consulting engagements.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source