KBR, Inc. (NYSE:KBR) Shares Sold by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC lowered its stake in shares of KBR, Inc. (NYSE:KBR) by 20.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,427 shares of the construction company’s stock after selling 5,534 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in KBR were worth $1,241,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares 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 acquiring an additional 175 shares during the period. First Horizon Advisors Inc. purchased a new stake in shares of KBR in the 4th quarter valued at $32,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of KBR in the fourth quarter worth $68,000. Venturi Wealth Management LLC increased its stake in shares of KBR by 507.2% in the fourth quarter. Venturi Wealth Management LLC now owns 1,603 shares of the construction company’s stock worth $93,000 after acquiring an additional 1,339 shares during the period. Finally, R Squared Ltd purchased a new position in shares of KBR during the 4th quarter valued at about $104,000. Hedge funds and other institutional investors own 97.02% of the company’s stock.

KBR Trading Down 7.3 %

Shares of KBR stock opened at $47.57 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.69. KBR, Inc. has a twelve month low of $47.16 and a twelve month high of $72.60. The firm has a market capitalization of $6.17 billion, a PE ratio of 19.99, a P/E/G ratio of 0.86 and a beta of 0.86. The firm’s 50-day moving average price is $51.51 and its 200 day moving average price is $58.81.

KBR (NYSE:KBR) last released its earnings results on Monday, February 24th. The construction company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.08. KBR had a return on equity of 28.87% and a net margin of 4.35%. The business had revenue of $2.12 billion for the quarter, compared to the consensus estimate of $2 billion. On average, sell-side analysts predict that KBR, Inc. will post 3.26 EPS for the current fiscal year.

KBR Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.39%. This is a boost from KBR’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Friday, March 14th. KBR’s dividend payout ratio is 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 stock was sold at an average price of $50.59, for a total transaction of $961,210.00. Following the transaction, the insider now owns 63,533 shares of the company’s stock, valued at approximately $3,214,134.47. The trade was a 23.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 1.08% of the company’s stock.

Analyst Ratings Changes

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

KBR Company 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.