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

A number of equities research analysts have recently commented on the stock. Zacks Investment Research cut shares of Kforce from a “hold” rating to a “sell” rating in a research report on Thursday, May 5th. Credit Suisse Group AG reissued a “buy” rating and issued a $21.00 price objective on shares of Kforce in a report on Wednesday.

The company has a market capitalization of $452.15 million and a P/E ratio of 11.68. The firm has a 50-day moving average of $17.88 and a 200 day moving average of $18.50.

Kforce (NASDAQ:KFRC) last released its quarterly earnings results on Tuesday, August 2nd. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.01. During the same period last year, the firm earned $0.41 EPS. The firm had revenue of $335 million for the quarter, compared to analyst estimates of $334.91 million. The company’s quarterly revenue was down .7% compared to the same quarter last year. On average, equities research analysts forecast that Kforce Inc. will post $1.50 EPS for the current year.

In other news, COO Kye L. Mitchell sold 5,000 shares of the company’s stock in a transaction dated Monday, June 6th. The shares were sold at an average price of $19.59, for a total transaction of $97,950.00. Following the completion of the transaction, the chief operating officer now owns 110,613 shares of the company’s stock, valued at approximately $2,166,908.67. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CMO Jeffrey T. Neal sold 5,666 shares of the company’s stock in a transaction dated Thursday, June 9th. The shares were sold at an average price of $19.29, for a total transaction of $109,297.14. Following the transaction, the chief marketing officer now directly owns 117,013 shares of the company’s stock, valued at approximately $2,257,180.77. The disclosure for this sale can be found here.

Several hedge funds and institutional investors recently bought and sold shares of KFRC. California State Teachers Retirement System increased its position 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 in the last quarter. New York State Common Retirement Fund increased its position 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 in the last quarter. Broadview Advisors LLC increased its position in Kforce by 2.2% in the fourth quarter. Broadview Advisors LLC now owns 774,763 shares of the company’s stock worth $19,586,000 after buying an additional 16,770 shares in the last quarter. Redwood Investments LLC increased its position 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 in the last quarter. Finally, Foresters Investment Management Company Inc. boosted its position in Kforce by 15.2% in the fourth quarter. Foresters Investment Management Company Inc. now owns 340,500 shares of the company’s stock valued at $8,608,000 after buying an additional 45,000 shares in the last quarter.

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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