Barings LLC continued to hold its stake in KBR, Inc. (NYSE:KBR) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,400 shares of the construction company’s stock at the end of the first quarter. Barings LLC’s holdings in KBR were worth $231,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of KBR. Capstone Asset Management Co. increased its stake in KBR by 1.7% in the first quarter. Capstone Asset Management Co. now owns 17,241 shares of the construction company’s stock valued at $259,000 after buying an additional 290 shares in the last quarter. Ngam Advisors L.P. increased its stake in KBR by 1.6% in the first quarter. Ngam Advisors L.P. now owns 19,428 shares of the construction company’s stock valued at $292,000 after buying an additional 309 shares in the last quarter. Loews Corp increased its stake in KBR by 1.8% in the first quarter. Loews Corp now owns 27,813 shares of the construction company’s stock valued at $418,000 after buying an additional 500 shares in the last quarter. Advantus Capital Management Inc increased its stake in KBR by 3.2% in the first quarter. Advantus Capital Management Inc now owns 18,293 shares of the construction company’s stock valued at $275,000 after buying an additional 562 shares in the last quarter. Finally, Nationwide Fund Advisors increased its stake in KBR by 0.3% in the first quarter. Nationwide Fund Advisors now owns 253,356 shares of the construction company’s stock valued at $3,808,000 after buying an additional 649 shares in the last quarter. Hedge funds and other institutional investors own 99.74% of the company’s stock.

KBR, Inc. (KBR) opened at 15.21 on Friday. The stock’s 50 day moving average price is $14.72 and its 200-day moving average price is $15.55. The company’s market capitalization is $2.18 billion. KBR, Inc. has a 52 week low of $12.69 and a 52 week high of $17.95.

KBR (NYSE:KBR) last issued its quarterly earnings data on Friday, April 28th. The construction company reported $0.28 earnings per share for the quarter, hitting the consensus estimate of $0.28. The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. KBR had a negative net margin of 1.51% and a positive return on equity of 4.79%. The company’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.30 EPS. On average, equities research analysts predict that KBR, Inc. will post $1.31 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Thursday, June 15th were given a dividend of $0.08 per share. The ex-dividend date was Tuesday, June 13th. This represents a $0.32 dividend on an annualized basis and a yield of 2.10%. KBR’s payout ratio is currently -68.08%.

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Several equities research analysts have issued reports on the company. Vertical Research upgraded KBR from a “hold” rating to a “buy” rating in a research report on Monday, May 1st. Zacks Investment Research downgraded KBR from a “hold” rating to a “sell” rating in a research report on Monday, May 1st. Finally, BidaskClub upgraded KBR from a “sell” rating to a “hold” rating in a research report on Saturday, June 10th. Two analysts have rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $17.83.

About KBR

KBR, Inc is a provider of professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries. The Company operates through business segments, including Technology & Consulting (T&C), Engineering & Construction (E&C), Government Services (GS), Non-strategic Business and Other.

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Institutional Ownership by Quarter for KBR (NYSE:KBR)

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