KBR, Inc. (NYSE:KBR) insider Farhan Mujib sold 678 shares of KBR stock in a transaction that occurred on Thursday, May 16th. The shares were sold at an average price of $22.67, for a total transaction of $15,370.26. Following the completion of the transaction, the insider now directly owns 139,254 shares in the company, valued at approximately $3,156,888.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Farhan Mujib also recently made the following trade(s):

  • On Monday, March 4th, Farhan Mujib sold 2,496 shares of KBR stock. The shares were sold at an average price of $20.00, for a total transaction of $49,920.00.

Shares of KBR stock traded down $0.27 during trading on Monday, reaching $21.99. The company’s stock had a trading volume of 1,558,642 shares, compared to its average volume of 1,553,954. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.81. The firm has a market cap of $3.15 billion, a PE ratio of 14.37, a P/E/G ratio of 1.49 and a beta of 1.51. KBR, Inc. has a one year low of $13.90 and a one year high of $23.72.

KBR (NYSE:KBR) last announced its quarterly earnings data on Wednesday, May 1st. The construction company reported $0.36 EPS for the quarter, topping the Zacks’ consensus estimate of $0.33 by $0.03. The business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.20 billion. KBR had a net margin of 3.51% and a return on equity of 12.84%. On average, equities analysts predict that KBR, Inc. will post 1.66 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Monday, June 17th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Friday, June 14th. KBR’s dividend payout ratio is presently 20.92%.

KBR has been the topic of a number of research reports. Zacks Investment Research raised shares of KBR from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a research note on Monday, January 21st. TheStreet raised shares of KBR from a “c+” rating to a “b” rating in a research note on Tuesday, January 22nd. Deutsche Bank lowered shares of KBR from a “buy” rating to a “hold” rating in a research note on Friday, January 25th. Cowen initiated coverage on shares of KBR in a research note on Monday, January 28th. They issued a “market perform” rating and a $20.00 price target on the stock. Finally, ValuEngine lowered shares of KBR from a “hold” rating to a “sell” rating in a research note on Tuesday, January 29th. Seven investment analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. KBR presently has a consensus rating of “Buy” and an average price target of $24.50.

Hedge funds have recently made changes to their positions in the company. Peregrine Capital Management LLC lifted its position in shares of KBR by 14.2% in the first quarter. Peregrine Capital Management LLC now owns 467,311 shares of the construction company’s stock worth $8,921,000 after purchasing an additional 58,207 shares in the last quarter. California State Teachers Retirement System lifted its position in shares of KBR by 2.3% in the fourth quarter. California State Teachers Retirement System now owns 220,813 shares of the construction company’s stock worth $3,352,000 after purchasing an additional 4,979 shares in the last quarter. Foundry Partners LLC lifted its position in shares of KBR by 9.0% in the first quarter. Foundry Partners LLC now owns 680,802 shares of the construction company’s stock worth $12,997,000 after purchasing an additional 55,968 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of KBR by 9.7% in the third quarter. JPMorgan Chase & Co. now owns 2,463,729 shares of the construction company’s stock worth $52,059,000 after purchasing an additional 216,953 shares in the last quarter. Finally, Royce & Associates LP lifted its position in shares of KBR by 2.6% in the fourth quarter. Royce & Associates LP now owns 1,466,641 shares of the construction company’s stock worth $22,264,000 after purchasing an additional 37,577 shares in the last quarter. 97.74% of the stock is currently owned by institutional investors and hedge funds.

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KBR Company Profile

KBR, Inc provides professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries worldwide. The company operates through three segments: Government Services, Technology & Consulting, and Engineering & Construction. The Government Services segment offers life-cycle support solutions to defense, space, aviation, and other programs and missions for government agencies in the United States, the United Kingdom, and Australia.

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