KBR Inc. (NYSE:KBR) shares were down 3.9% on Friday . The stock traded as low as $13.79 and last traded at $14.05, with a volume of 1,439,547 shares. The stock had previously closed at $14.62.

Several research analysts have recently weighed in on KBR shares. Deutsche Bank AG reiterated a “hold” rating and set a $14.00 price objective (down from $16.00) on shares of KBR in a report on Wednesday, April 6th. Zacks Investment Research upgraded shares of KBR from a “sell” rating to a “hold” rating in a report on Tuesday, April 12th. Credit Suisse Group AG restated a “buy” rating and issued a $17.00 price target on shares of KBR in a report on Friday, April 29th. Johnson Rice lowered shares of KBR from a “buy” rating to a “hold” rating and set a $17.00 price target on the stock. in a report on Monday, May 2nd. Finally, Bank of America Corp. restated a “hold” rating on shares of KBR in a report on Tuesday, May 24th. Eleven analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $16.63.

The firm has a 50 day moving average price of $14.00 and a 200-day moving average price of $14.22. The company has a market capitalization of $2.00 billion and a price-to-earnings ratio of 10.08.

KBR (NYSE:KBR) last released its earnings results on Friday, July 29th. The company reported $0.32 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.32. During the same period last year, the firm earned $0.46 EPS. The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1.05 billion. The company’s revenue was down 26.9% compared to the same quarter last year. On average, analysts expect that KBR Inc. will post $1.30 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, July 15th. Shareholders of record on Wednesday, June 15th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, June 13th. This represents a $0.32 annualized dividend and a yield of 2.28%.

Other institutional investors have added to or reduced their stakes in the company. Mutual of America Capital Management LLC boosted its position in KBR by 2.1% in the fourth quarter. Mutual of America Capital Management LLC now owns 98,033 shares of the company’s stock valued at $1,659,000 after buying an additional 1,987 shares during the period. Rhumbline Advisers boosted its position in KBR by 1.2% in the fourth quarter. Rhumbline Advisers now owns 211,352 shares of the company’s stock valued at $3,576,000 after buying an additional 2,602 shares during the period. BlackRock Advisors LLC boosted its position in KBR by 0.5% in the fourth quarter. BlackRock Advisors LLC now owns 829,083 shares of the company’s stock valued at $14,028,000 after buying an additional 4,139 shares during the period. Principal Financial Group Inc. boosted its position in KBR by 2.7% in the fourth quarter. Principal Financial Group Inc. now owns 434,609 shares of the company’s stock valued at $7,354,000 after buying an additional 11,567 shares during the period. Finally, Liberty Mutual Group Asset Management Inc. boosted its position in KBR by 51.6% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 93,034 shares of the company’s stock valued at $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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