XTX Topco Ltd Has $531,000 Stock Holdings in KBR, Inc. (NYSE:KBR)

XTX Topco Ltd increased its position in KBR, Inc. (NYSE:KBR - Free Report) by 122.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,655 shares of the construction company's stock after buying an additional 5,866 shares during the period. XTX Topco Ltd's holdings in KBR were worth $531,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. GAMMA Investing LLC grew its stake in shares of KBR by 295.5% in the 1st quarter. GAMMA Investing LLC now owns 795 shares of the construction company's stock valued at $40,000 after buying an additional 594 shares during the period. Principal Financial Group Inc. grew its stake in shares of KBR by 0.4% in the 1st quarter. Principal Financial Group Inc. now owns 307,121 shares of the construction company's stock valued at $15,298,000 after buying an additional 1,343 shares during the period. Cerity Partners LLC grew its stake in shares of KBR by 697.0% in the 1st quarter. Cerity Partners LLC now owns 27,314 shares of the construction company's stock valued at $1,361,000 after buying an additional 23,887 shares during the period. KBC Group NV lifted its position in KBR by 4.8% in the 1st quarter. KBC Group NV now owns 5,703 shares of the construction company's stock valued at $284,000 after acquiring an additional 260 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in KBR by 26.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,776 shares of the construction company's stock valued at $335,000 after purchasing an additional 1,210 shares during the last quarter. 97.02% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Stuart Bradie sold 20,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 18th. The shares were sold at an average price of $52.81, for a total transaction of $1,056,200.00. Following the completion of the sale, the chief executive officer owned 802,361 shares in the company, valued at $42,372,684.41. This trade represents a 2.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.11% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on KBR shares. KeyCorp downgraded KBR from an "overweight" rating to a "sector weight" rating in a research note on Monday, June 23rd. UBS Group downgraded KBR from a "buy" rating to a "neutral" rating and cut their price target for the company from $66.00 to $54.00 in a research note on Wednesday, July 2nd. Truist Financial cut their price target on KBR from $70.00 to $60.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Citigroup cut their price target on KBR from $77.00 to $69.00 and set a "buy" rating for the company in a research note on Friday, April 25th. Finally, Wall Street Zen downgraded KBR from a "strong-buy" rating to a "buy" rating in a research note on Saturday, June 7th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, KBR currently has an average rating of "Moderate Buy" and a consensus target price of $63.75.

KBR Price Performance

KBR stock opened at $49.63 on Thursday. KBR, Inc. has a 52 week low of $43.89 and a 52 week high of $72.60. The company's 50 day moving average price is $49.05 and its two-hundred day moving average price is $51.09. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.73. The stock has a market cap of $6.39 billion, a P/E ratio of 17.98, a P/E/G ratio of 0.99 and a beta of 0.76.

KBR (NYSE:KBR - Get Free Report) last posted its earnings results on Thursday, July 31st. The construction company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.88 by $0.03. KBR had a net margin of 4.52% and a return on equity of 33.65%. The firm had revenue of $1.95 billion for the quarter, compared to analysts' expectations of $2.10 billion. During the same quarter last year, the firm earned $0.83 EPS. The company's quarterly revenue was up 5.7% compared to the same quarter last year. On average, equities analysts predict that KBR, Inc. will post 3.26 earnings per share for the current year.

KBR Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th were paid a dividend of $0.165 per share. The ex-dividend date was Friday, June 13th. This represents a $0.66 annualized dividend and a dividend yield of 1.3%. KBR's dividend payout ratio (DPR) is presently 23.91%.

KBR 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.

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