5,315 Shares in KBR, Inc. (NYSE:KBR) Acquired by PharVision Advisers LLC

PharVision Advisers LLC purchased a new stake in shares of KBR, Inc. (NYSE:KBR - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,315 shares of the construction company's stock, valued at approximately $308,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC acquired a new position in shares of KBR during the 4th quarter worth approximately $1,131,000. Blue Trust Inc. increased its holdings in KBR by 56.9% in the 4th quarter. Blue Trust Inc. now owns 3,021 shares of the construction company's stock worth $175,000 after acquiring an additional 1,095 shares in the last quarter. Mount Yale Investment Advisors LLC purchased a new stake in KBR in the 4th quarter worth $290,000. Rhumbline Advisers raised its position in KBR by 1.3% during the fourth quarter. Rhumbline Advisers now owns 355,496 shares of the construction company's stock worth $20,594,000 after acquiring an additional 4,431 shares during the period. Finally, Jones Financial Companies Lllp lifted its holdings in KBR by 37.9% during the fourth quarter. Jones Financial Companies Lllp now owns 2,168 shares of the construction company's stock valued at $126,000 after purchasing an additional 596 shares in the last quarter. Hedge funds and other institutional investors own 97.02% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on KBR. KeyCorp lifted their target price on shares of KBR from $59.00 to $63.00 and gave the company an "overweight" rating in a research report on Wednesday, May 7th. Citigroup decreased their price target on shares of KBR from $77.00 to $69.00 and set a "buy" rating on the stock in a research note on Friday, April 25th. The Goldman Sachs Group lowered KBR from a "buy" rating to a "neutral" rating and set a $55.00 price objective for the company. in a research note on Tuesday. Finally, Truist Financial reduced their target price on KBR from $70.00 to $60.00 and set a "buy" rating for the company in a report on Monday, April 14th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, KBR currently has a consensus rating of "Moderate Buy" and a consensus target price of $67.57.

KBR Price Performance

KBR traded up $1.05 on Tuesday, reaching $52.17. 586,573 shares of the company's stock were exchanged, compared to its average volume of 1,330,769. KBR, Inc. has a twelve month low of $43.89 and a twelve month high of $72.60. The stock has a market cap of $6.77 billion, a PE ratio of 21.96, a P/E/G ratio of 0.86 and a beta of 0.83. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.07 and a quick ratio of 1.07. The stock's fifty day moving average price is $51.80 and its 200-day moving average price is $54.76.

KBR (NYSE:KBR - Get Free Report) last released its earnings results on Tuesday, May 6th. The construction company reported $0.98 earnings per share for the quarter, topping analysts' consensus estimates of $0.88 by $0.10. The business had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.09 billion. KBR had a net margin of 4.35% and a return on equity of 28.87%. The business's revenue was up 13.0% on a year-over-year basis. During the same period last year, the company posted $0.77 EPS. Sell-side analysts expect that KBR, Inc. will post 3.26 EPS for the current year.

KBR Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th will be issued a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 1.27%. The ex-dividend date of this dividend is Friday, June 13th. KBR's payout ratio is currently 22.07%.

Insider Buying and Selling at KBR

In other KBR news, insider Gregory Sean Conlon sold 19,000 shares of KBR stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $50.59, for a total transaction of $961,210.00. Following the transaction, the insider now directly owns 63,533 shares of the company's stock, valued at $3,214,134.47. The trade was a 23.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.11% of the stock is owned by company insiders.

About KBR

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.