Fort Washington Investment Advisors Inc. OH Boosts Position in KBR, Inc. (NYSE:KBR)

Fort Washington Investment Advisors Inc. OH grew its holdings in KBR, Inc. (NYSE:KBR) by 46.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 563,825 shares of the construction company’s stock after acquiring an additional 178,730 shares during the period. Fort Washington Investment Advisors Inc. OH owned about 0.42% of KBR worth $32,662,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. American Century Companies Inc. boosted its holdings in KBR by 8.8% in the second quarter. American Century Companies Inc. now owns 22,477 shares of the construction company’s stock valued at $1,442,000 after purchasing an additional 1,809 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of KBR by 12.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,766,916 shares of the construction company’s stock valued at $113,331,000 after buying an additional 196,693 shares during the period. Mercer Global Advisors Inc. ADV purchased a new stake in shares of KBR in the second quarter worth about $367,000. Vanguard Personalized Indexing Management LLC grew its holdings in KBR by 6.3% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 15,165 shares of the construction company’s stock worth $973,000 after acquiring an additional 901 shares during the period. Finally, Blair William & Co. IL purchased a new position in KBR during the second quarter valued at approximately $1,270,000. Institutional investors and hedge funds own 97.02% of the company’s stock.

KBR Trading Up 1.9 %

Shares of KBR stock opened at $60.50 on Wednesday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.69. KBR, Inc. has a twelve month low of $51.60 and a twelve month high of $72.60. The firm has a market capitalization of $8.06 billion, a PE ratio of 25.42, a P/E/G ratio of 1.00 and a beta of 0.85. The firm’s 50-day moving average price is $59.12 and its 200 day moving average price is $63.80.

KBR (NYSE:KBR) last released its earnings results on Wednesday, October 23rd. The construction company reported $0.84 earnings per share for the quarter, meeting the consensus estimate of $0.84. KBR had a return on equity of 28.87% and a net margin of 4.35%. The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter last year, the business posted $0.75 earnings per share. The business’s quarterly revenue was up 10.0% compared to the same quarter last year. On average, sell-side analysts predict that KBR, Inc. will post 3.26 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. KeyCorp dropped their price objective on shares of KBR from $78.00 to $70.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. UBS Group raised their price target on shares of KBR from $77.00 to $78.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. StockNews.com downgraded shares of KBR from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 6th. TD Cowen dropped their target price on KBR from $72.00 to $64.00 and set a “hold” rating on the stock in a research report on Wednesday, January 8th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $84.00 price target on shares of KBR in a report on Tuesday, November 19th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $78.86.

About KBR

KBR, Inc provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. It operates through Government Solutions and Sustainable Technology Solutions segments. The Government Solutions segment offers life-cycle support solutions to defense, intelligence, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia.