Segall Bryant & Hamill LLC Purchases 14,043 Shares of KBR, Inc. $KBR

Segall Bryant & Hamill LLC grew its holdings in KBR, Inc. (NYSE:KBR) by 5.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 291,569 shares of the construction company’s stock after purchasing an additional 14,043 shares during the quarter. Segall Bryant & Hamill LLC owned about 0.23% of KBR worth $13,978,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in the stock. Bessemer Group Inc. boosted its position in shares of KBR by 75.8% during the second quarter. Bessemer Group Inc. now owns 617 shares of the construction company’s stock worth $30,000 after purchasing an additional 266 shares in the last quarter. Byrne Asset Management LLC acquired a new stake in KBR during the 2nd quarter worth $41,000. GAMMA Investing LLC grew its stake in KBR by 37.5% in the second quarter. GAMMA Investing LLC now owns 1,093 shares of the construction company’s stock valued at $52,000 after acquiring an additional 298 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of KBR during the second quarter worth about $76,000. Finally, UMB Bank n.a. lifted its holdings in shares of KBR by 34.3% during the 2nd quarter. UMB Bank n.a. now owns 1,761 shares of the construction company’s stock valued at $84,000 after purchasing an additional 450 shares in the last quarter. Institutional investors and hedge funds own 97.02% of the company’s stock.

KBR Stock Up 1.4%

Shares of KBR opened at $40.33 on Friday. The stock’s 50-day moving average price is $44.60 and its two-hundred day moving average price is $48.24. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.73. The company has a market capitalization of $5.12 billion, a PE ratio of 14.61, a PEG ratio of 0.85 and a beta of 0.68. KBR, Inc. has a 12 month low of $39.65 and a 12 month high of $62.14.

KBR (NYSE:KBR) last posted its quarterly earnings results on Wednesday, October 29th. The construction company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.07. The firm had revenue of $525.00 million during the quarter, compared to the consensus estimate of $1.99 billion. KBR had a net margin of 4.52% and a return on equity of 33.65%. The business’s revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.84 earnings per share. On average, analysts anticipate that KBR, Inc. will post 3.26 EPS for the current year.

KBR Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Monday, December 15th will be issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, December 15th. KBR’s dividend payout ratio (DPR) is presently 22.68%.

Analysts Set New Price Targets

KBR has been the topic of a number of recent research reports. Truist Financial set a $62.00 price objective on shares of KBR in a report on Thursday, October 30th. Citigroup cut their price target on shares of KBR from $62.00 to $57.00 and set a “buy” rating for the company in a research note on Monday, November 3rd. Wall Street Zen cut shares of KBR from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Wells Fargo & Company initiated coverage on shares of KBR in a research note on Thursday, November 13th. They issued an “equal weight” rating and a $45.00 price target on the stock. Finally, Bank of America cut their price objective on shares of KBR from $55.00 to $45.00 and set a “neutral” rating for the company in a report on Thursday, November 13th. Four research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, KBR presently has a consensus rating of “Hold” and an average target price of $59.00.

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.