First National Bank of Omaha Invests $569,000 in Kforce Inc. $KFRC

First National Bank of Omaha acquired a new position in shares of Kforce Inc. (NASDAQ:KFRC) in the 2nd quarter, HoldingsChannel reports. The fund acquired 12,123 shares of the business services provider’s stock, valued at approximately $569,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Parallel Advisors LLC raised its holdings in Kforce by 427.2% in the 4th quarter. Parallel Advisors LLC now owns 854 shares of the business services provider’s stock worth $26,000 after acquiring an additional 692 shares during the period. Kestra Advisory Services LLC bought a new stake in Kforce during the fourth quarter valued at about $31,000. Global Retirement Partners LLC bought a new stake in Kforce during the second quarter valued at about $34,000. Allworth Financial LP boosted its holdings in Kforce by 212.3% during the fourth quarter. Allworth Financial LP now owns 1,240 shares of the business services provider’s stock valued at $38,000 after acquiring an additional 843 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position in shares of Kforce by 44.3% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,313 shares of the business services provider’s stock valued at $41,000 after purchasing an additional 403 shares during the last quarter. 92.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

KFRC has been the topic of a number of recent analyst reports. UBS Group set a $59.00 price objective on Kforce in a research note on Tuesday, July 28th. Zacks Research downgraded Kforce from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Robert W. Baird raised their target price on Kforce from $42.00 to $63.00 and gave the company an “outperform” rating in a report on Tuesday, July 28th. Finally, Truist Financial raised their target price on Kforce from $38.00 to $60.00 and gave the company a “hold” rating in a report on Wednesday, July 22nd. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $60.67.

Kforce Trading Up 0.5%

Shares of KFRC stock opened at $58.58 on Thursday. The firm has a market capitalization of $1.05 billion, a P/E ratio of 21.86 and a beta of 0.85. Kforce Inc. has a 1 year low of $24.49 and a 1 year high of $61.68. The firm’s fifty day simple moving average is $53.88 and its 200 day simple moving average is $41.11. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.16.

Kforce (NASDAQ:KFRC) last issued its quarterly earnings results on Monday, July 27th. The business services provider reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.03. Kforce had a net margin of 3.59% and a return on equity of 30.34%. The firm had revenue of $349.33 million during the quarter, compared to the consensus estimate of $348.11 million. The business’s revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.59 EPS. Kforce has set its Q3 2026 guidance at 0.710-0.790 EPS. As a group, sell-side analysts predict that Kforce Inc. will post 2.7 EPS for the current year.

Kforce Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.7%. Kforce’s dividend payout ratio is currently 75.47%.

Kforce Company Profile

Kforce Inc is a professional staffing services firm headquartered in Tampa, Florida, trading on NASDAQ under the symbol KFRC. The company specializes in connecting organizations with skilled talent in technology, finance and accounting, and related business functions. Through a nationwide network of offices, Kforce partners with clients across industries to deliver both flexible contract staffing and direct hire placement solutions.

Kforce’s core offerings include temporary staffing, permanent placement, and project-based consulting engagements.