American Century Companies Inc. Reduces Position in Kforce Inc. $KFRC

Key Points

• American Century Companies Inc. reduced its holdings in Kforce Inc. by 9.7%, now owning 76,639 shares valued at approximately $3.7 million.
• Kforce reported earnings of $0.59 per share for the last quarter, missing estimates by $0.01, and set guidance for Q3 2025 at $0.530-0.61 EPS.
• The firm declared a quarterly dividend of $0.39 per share, translating to an annualized dividend of $1.56 and a yield of 4.8%.

American Century Companies Inc. lessened its holdings in shares of Kforce Inc. (NASDAQ:KFRC - Free Report) by 9.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 76,639 shares of the business services provider's stock after selling 8,205 shares during the quarter. American Century Companies Inc. owned approximately 0.41% of Kforce worth $3,747,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of KFRC. Pacer Advisors Inc. purchased a new position in shares of Kforce during the 1st quarter worth $5,584,000. Wellington Management Group LLP boosted its stake in shares of Kforce by 36.3% during the 4th quarter. Wellington Management Group LLP now owns 297,111 shares of the business services provider's stock worth $16,846,000 after acquiring an additional 79,100 shares during the last quarter. Voloridge Investment Management LLC boosted its stake in shares of Kforce by 670.8% during the 4th quarter. Voloridge Investment Management LLC now owns 69,713 shares of the business services provider's stock worth $3,953,000 after acquiring an additional 60,669 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Kforce by 6.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 809,007 shares of the business services provider's stock valued at $39,552,000 after purchasing an additional 50,044 shares during the period. Finally, Squarepoint Ops LLC raised its position in shares of Kforce by 912.4% during the 4th quarter. Squarepoint Ops LLC now owns 49,781 shares of the business services provider's stock valued at $2,823,000 after purchasing an additional 44,864 shares during the period. Hedge funds and other institutional investors own 92.77% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently commented on KFRC shares. Truist Financial decreased their price objective on shares of Kforce from $50.00 to $46.00 and set a "hold" rating on the stock in a research report on Tuesday, July 29th. UBS Group decreased their price objective on shares of Kforce from $45.00 to $40.00 and set a "neutral" rating on the stock in a research report on Wednesday, July 30th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Kforce presently has a consensus rating of "Hold" and an average price target of $52.33.

Kforce Price Performance

NASDAQ KFRC traded up $0.21 on Friday, reaching $32.08. The company had a trading volume of 261,331 shares, compared to its average volume of 175,941. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $596.64 million, a PE ratio of 11.97 and a beta of 0.68. The firm's 50 day moving average price is $37.39 and its 200 day moving average price is $41.96. Kforce Inc. has a 12 month low of $30.44 and a 12 month high of $64.07.

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

Kforce Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Friday, September 12th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend is Friday, September 12th. Kforce's dividend payout ratio (DPR) is presently 65.27%.

Kforce Company Profile

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.