KBR, Inc. (NYSE:KBR) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC trimmed its position in shares of KBR, Inc. (NYSE:KBR) by 52.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 344,942 shares of the construction company’s stock after selling 386,008 shares during the period. Segall Bryant & Hamill LLC’s holdings in KBR were worth $19,982,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of KBR. UMB Bank n.a. increased its position in shares of KBR by 49.2% in the 4th quarter. UMB Bank n.a. now owns 531 shares of the construction company’s stock valued at $31,000 after purchasing an additional 175 shares during the last quarter. CIBC Asset Management Inc increased its holdings in KBR by 5.2% in the fourth quarter. CIBC Asset Management Inc now owns 4,122 shares of the construction company’s stock valued at $239,000 after buying an additional 203 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in KBR by 1.5% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 19,700 shares of the construction company’s stock worth $1,283,000 after buying an additional 300 shares during the last quarter. True Wealth Design LLC acquired a new position in shares of KBR during the 3rd quarter worth about $26,000. Finally, First Horizon Advisors Inc. purchased a new position in shares of KBR in the 4th quarter valued at about $32,000. 97.02% of the stock is owned by institutional investors and hedge funds.

KBR Price Performance

KBR stock opened at $51.51 on Wednesday. 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 business has a 50 day simple moving average of $52.85 and a 200-day simple moving average of $59.39. KBR, Inc. has a 12 month low of $47.16 and a 12 month high of $72.60. The stock has a market capitalization of $6.82 billion, a PE ratio of 21.64, a price-to-earnings-growth ratio of 0.86 and a beta of 0.86.

KBR (NYSE:KBR) last announced its quarterly earnings data on Monday, February 24th. The construction company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.08. The company had revenue of $2.12 billion during the quarter, compared to the consensus estimate of $2 billion. KBR had a net margin of 4.35% and a return on equity of 28.87%. Equities analysts predict that KBR, Inc. will post 3.26 earnings per share for the current year.

KBR Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be given a dividend of $0.165 per share. This is a boost from KBR’s previous quarterly dividend of $0.15. The ex-dividend date is Friday, March 14th. This represents a $0.66 annualized dividend and a yield of 1.28%. KBR’s payout ratio is presently 23.57%.

Insider Transactions at KBR

In other KBR news, insider Gregory Sean Conlon sold 19,000 shares of the business’s stock in a transaction on Friday, March 14th. The shares were sold at an average price of $50.59, for a total transaction of $961,210.00. Following the sale, the insider now directly owns 63,533 shares in the company, valued at approximately $3,214,134.47. The trade was a 23.02 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.08% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. TD Cowen decreased their target price on KBR from $72.00 to $64.00 and set a “hold” rating for the company in a research note on Wednesday, January 8th. KeyCorp lowered their target price on shares of KBR from $70.00 to $67.00 and set an “overweight” rating for the company in a report on Tuesday, February 25th. The Goldman Sachs Group dropped their price target on KBR from $75.00 to $64.00 and set a “buy” rating on the stock in a research note on Wednesday, February 26th. Finally, Citigroup cut their target price on shares of KBR from $82.00 to $76.00 and set a “buy” rating on the stock in a report on Wednesday, January 29th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $75.88.

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.