Shares of Kforce Inc. (NASDAQ:KFRC) were down 5.1% during mid-day trading on Wednesday . The company traded as low as $16.95 and last traded at $17.05, with a volume of 338,165 shares. The stock had previously closed at $17.97.

A number of analysts have issued reports on KFRC shares. Zacks Investment Research raised Kforce from a “sell” rating to a “hold” rating in a research note on Wednesday, July 6th. Credit Suisse Group AG reaffirmed a “buy” rating and issued a $21.00 target price on shares of Kforce in a research note on Wednesday.

The firm has a 50-day moving average price of $17.97 and a 200-day moving average price of $18.52. The firm has a market capitalization of $433.63 million and a price-to-earnings ratio of 11.26.

Kforce (NASDAQ:KFRC) last posted its quarterly earnings results on Tuesday, August 2nd. The company reported $0.41 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.01. The business earned $335 million during the quarter, compared to analysts’ expectations of $334.91 million. The firm’s quarterly revenue was down .7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.41 earnings per share. On average, equities analysts predict that Kforce Inc. will post $1.63 earnings per share for the current year.

In related news, COO Kye L. Mitchell sold 5,000 shares of Kforce stock in a transaction that occurred on Monday, June 6th. The stock was sold at an average price of $19.59, for a total value of $97,950.00. Following the sale, the chief operating officer now directly owns 110,613 shares in the company, valued at $2,166,908.67. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CMO Jeffrey T. Neal sold 5,666 shares of Kforce stock in a transaction that occurred on Thursday, June 9th. The shares were sold at an average price of $19.29, for a total value of $109,297.14. Following the completion of the sale, the chief marketing officer now owns 117,013 shares in the company, valued at $2,257,180.77. The disclosure for this sale can be found here.

A number of hedge funds have recently bought and sold shares of KFRC. California State Teachers Retirement System increased its stake in Kforce by 2.0% in the fourth quarter. California State Teachers Retirement System now owns 45,742 shares of the company’s stock worth $1,156,000 after buying an additional 900 shares during the last quarter. New York State Common Retirement Fund increased its stake in Kforce by 6.6% in the fourth quarter. New York State Common Retirement Fund now owns 66,565 shares of the company’s stock worth $1,683,000 after buying an additional 4,115 shares during the last quarter. Redwood Investments LLC increased its stake in Kforce by 21.9% in the fourth quarter. Redwood Investments LLC now owns 100,723 shares of the company’s stock worth $2,546,000 after buying an additional 18,072 shares during the last quarter. Pear Tree Advisors Inc. purchased a new stake in Kforce during the fourth quarter worth approximately $3,026,000. Finally, Matarin Capital Management LLC purchased a new stake in Kforce during the fourth quarter worth approximately $4,369,000.

Kforce Inc is engaged in providing professional and technical specialty staffing services and solutions. The Company operates through three segments, which include Technology (Tech), which provides both temporary staffing and permanent placement services to its clients, focusing primarily on areas of information technology, such as systems/applications, e-commerce, technology infrastructure, network architecture and security; Finance and Accounting (FA), which is engaged in providing both temporary staffing and permanent placement services to its clients in areas, such as general accounting, business analysis and others, and Government Solutions (GS), which is engaged in providing services and solutions to the Federal Government as both a prime contractor and a subcontractor in the fields of information technology, and finance and accounting.

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