Shares of Kelly Services, Inc. (NASDAQ:KELYA) have been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.

Zacks has also given Kelly Services an industry rank of 60 out of 265 based on the ratings given to related companies.

Several research firms have issued reports on KELYA. BidaskClub raised Kelly Services from a “sell” rating to a “hold” rating in a report on Saturday, January 20th. Zacks Investment Research raised Kelly Services from a “hold” rating to a “buy” rating and set a $32.00 price target on the stock in a report on Wednesday. Finally, ValuEngine raised Kelly Services from a “hold” rating to a “buy” rating in a report on Friday, February 2nd.

In other Kelly Services news, Director Leslie A. Murphy sold 7,500 shares of the business’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $28.69, for a total transaction of $215,175.00. Following the sale, the director now directly owns 22,695 shares of the company’s stock, valued at approximately $651,119.55. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO George S. Corona sold 3,000 shares of the business’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $28.06, for a total transaction of $84,180.00. Following the sale, the chief executive officer now directly owns 193,473 shares in the company, valued at $5,428,852.38. The disclosure for this sale can be found here. Over the last three months, insiders have sold 17,400 shares of company stock worth $499,800. Company insiders own 16.10% of the company’s stock.

A number of large investors have recently made changes to their positions in KELYA. Virtu Financial LLC acquired a new position in shares of Kelly Services in the fourth quarter worth $210,000. Macquarie Group Ltd. acquired a new position in shares of Kelly Services in the third quarter worth $218,000. UBS Asset Management Americas Inc. acquired a new position in shares of Kelly Services in the fourth quarter worth $240,000. SG Americas Securities LLC increased its stake in shares of Kelly Services by 78.9% in the third quarter. SG Americas Securities LLC now owns 9,288 shares of the business services provider’s stock worth $233,000 after acquiring an additional 4,097 shares during the last quarter. Finally, Teacher Retirement System of Texas acquired a new position in shares of Kelly Services in the fourth quarter worth $303,000. 65.99% of the stock is currently owned by institutional investors.

Kelly Services (NASDAQ:KELYA) traded down $0.37 on Friday, reaching $27.38. The company’s stock had a trading volume of 193,536 shares, compared to its average volume of 160,908. The firm has a market capitalization of $1,119.32, a P/E ratio of 15.13 and a beta of 1.12. Kelly Services has a 12-month low of $20.27 and a 12-month high of $30.93.

Kelly Services (NASDAQ:KELYA) last posted its quarterly earnings results on Thursday, February 1st. The business services provider reported $0.80 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.62 by $0.18. The company had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Kelly Services had a return on equity of 7.92% and a net margin of 1.33%. The firm’s revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.55 earnings per share. analysts forecast that Kelly Services will post 2.35 EPS for the current year.

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About Kelly Services

Kelly Services, Inc is a workforce solutions provider, which is engaged in offering a range of specialty services. The Company provides workforce solutions in three regions: the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific (APAC). The Company’s segments are Americas Commercial, Americas Professional and Technical (Americas PT), EMEA Commercial, EMEA Professional and Technical (EMEA PT), and Outsourcing and Consulting Group (OCG).

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