KBR Inc. (NYSE:KBR) shares traded up 3.6% during mid-day trading on Monday . The stock traded as high as $14.13 and last traded at $14.11, with a volume of 576,639 shares changing hands. The stock had previously closed at $13.62.

Several research analysts have recently issued reports on the company. Zacks Investment Research raised KBR from a “sell” rating to a “hold” rating in a research note on Tuesday. Credit Suisse Group AG reiterated a “buy” rating on shares of KBR in a report on Saturday, June 4th. Johnson Rice cut KBR from a “buy” rating to a “hold” rating and set a $17.00 target price on the stock. in a report on Monday, May 2nd. Bank of America Corp. reiterated a “hold” rating on shares of KBR in a report on Tuesday, May 24th. Finally, MKM Partners initiated coverage on KBR in a report on Wednesday, June 29th. They issued a “neutral” rating and a $13.00 target price on the stock. Ten investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. KBR currently has a consensus rating of “Hold” and a consensus target price of $16.89.

The stock has a market cap of $2.08 billion and a P/E ratio of 10.51. The stock has a 50-day moving average price of $14.05 and a 200 day moving average price of $14.33.

KBR (NYSE:KBR) last announced its quarterly earnings data on Friday, April 29th. The company reported $0.30 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.02. The firm had revenue of $1,000 million for the quarter, compared to analysts’ expectations of $1.06 billion. The business’s quarterly revenue was down 30.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.30 earnings per share. On average, equities analysts predict that KBR Inc. will post $1.29 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, July 15th. Shareholders of record on Wednesday, June 15th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Monday, June 13th. This represents a $0.32 dividend on an annualized basis and a yield of 2.20%.

A number of institutional investors recently made changes to their positions in KBR. Principal Financial Group Inc. boosted its position in shares of KBR by 2.7% in the fourth quarter. Principal Financial Group Inc. now owns 434,609 shares of the company’s stock worth $7,354,000 after buying an additional 11,567 shares during the period. Wells Fargo & Company MN boosted its position in shares of KBR by 28.0% in the fourth quarter. Wells Fargo & Company MN now owns 751,259 shares of the company’s stock worth $12,711,000 after buying an additional 164,552 shares during the period. Morgan Stanley boosted its position in shares of KBR by 12.4% in the fourth quarter. Morgan Stanley now owns 1,024,048 shares of the company’s stock worth $17,327,000 after buying an additional 113,223 shares during the period. Mutual of America Capital Management LLC boosted its position in shares of KBR by 2.1% in the fourth quarter. Mutual of America Capital Management LLC now owns 98,033 shares of the company’s stock worth $1,659,000 after buying an additional 1,987 shares during the period. Finally, Liberty Mutual Group Asset Management Inc. boosted its position in shares of KBR by 51.6% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 93,034 shares of the company’s stock worth $1,574,000 after buying an additional 31,677 shares during the period.

KBR, Inc (KBR) is an engineering, procurement, construction and services company. The Company supports global hydrocarbons and international Government services market sectors. It operates through three business segments: Technology & Consulting (T&C), Engineering & Construction (E&C), and Government Services (GS).

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