Campbell & CO Investment Adviser LLC acquired a new stake in shares of KBR, Inc. (NYSE:KBR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,796 shares of the construction company’s stock, valued at approximately $300,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. NGAM Advisors L.P. increased its holdings in shares of KBR by 1.0% during the second quarter. NGAM Advisors L.P. now owns 19,629 shares of the construction company’s stock valued at $299,000 after acquiring an additional 201 shares in the last quarter. Teacher Retirement System of Texas increased its holdings in shares of KBR by 3.4% during the second quarter. Teacher Retirement System of Texas now owns 11,603 shares of the construction company’s stock valued at $177,000 after acquiring an additional 381 shares in the last quarter. Arizona State Retirement System increased its holdings in shares of KBR by 1.7% during the second quarter. Arizona State Retirement System now owns 60,400 shares of the construction company’s stock valued at $919,000 after acquiring an additional 1,000 shares in the last quarter. State Treasurer State of Michigan increased its holdings in shares of KBR by 1.7% during the second quarter. State Treasurer State of Michigan now owns 59,042 shares of the construction company’s stock valued at $899,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Texas Permanent School Fund increased its holdings in shares of KBR by 1.0% during the second quarter. Texas Permanent School Fund now owns 104,518 shares of the construction company’s stock valued at $1,591,000 after acquiring an additional 1,074 shares in the last quarter. Hedge funds and other institutional investors own 99.73% of the company’s stock.

Shares of KBR, Inc. (NYSE KBR) traded up $0.07 during trading hours on Friday, reaching $18.82. 1,340,077 shares of the company traded hands, compared to its average volume of 2,055,859. KBR, Inc. has a one year low of $13.36 and a one year high of $21.25. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.59. The firm has a market cap of $2,640.00, a P/E ratio of 32.71, a PEG ratio of 1.45 and a beta of 1.07.

KBR (NYSE:KBR) last issued its quarterly earnings results on Tuesday, October 31st. The construction company reported $0.35 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.30 by $0.05. KBR had a net margin of 1.63% and a return on equity of 10.22%. The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter in the prior year, the company earned ($0.44) EPS. KBR’s quarterly revenue was down 3.6% on a year-over-year basis. research analysts anticipate that KBR, Inc. will post 1.46 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 15th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.32 annualized dividend and a yield of 1.70%. KBR’s dividend payout ratio (DPR) is presently 62.75%.

Several equities analysts have recently issued reports on KBR shares. TheStreet upgraded shares of KBR from a “d+” rating to a “c-” rating in a report on Thursday, August 3rd. BidaskClub upgraded shares of KBR from a “sell” rating to a “hold” rating in a report on Saturday, August 5th. KeyCorp set a $20.00 price objective on shares of KBR and gave the company a “buy” rating in a report on Friday, August 25th. Zacks Investment Research downgraded shares of KBR from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. Finally, Deutsche Bank increased their price target on shares of KBR from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday, October 24th. One analyst has rated the stock with a sell rating, three have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $21.00.

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KBR Company Profile

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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