Segall Bryant & Hamill LLC Has $47.61 Million Stake in KBR, Inc. (NYSE:KBR)

Segall Bryant & Hamill LLC lessened its stake in shares of KBR, Inc. (NYSE:KBR) by 26.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 730,950 shares of the construction company’s stock after selling 261,393 shares during the period. KBR comprises approximately 0.6% of Segall Bryant & Hamill LLC’s investment portfolio, making the stock its 25th largest holding. Segall Bryant & Hamill LLC owned 0.55% of KBR worth $47,607,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. D. E. Shaw & Co. Inc. increased its position in KBR by 29.4% during the second quarter. D. E. Shaw & Co. Inc. now owns 2,286,779 shares of the construction company’s stock worth $146,674,000 after buying an additional 520,207 shares during the last quarter. Wolf Hill Capital Management LP boosted its stake in shares of KBR by 37.1% during the 2nd quarter. Wolf Hill Capital Management LP now owns 1,877,497 shares of the construction company’s stock worth $120,423,000 after acquiring an additional 507,800 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of KBR by 6.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,778,765 shares of the construction company’s stock worth $114,090,000 after acquiring an additional 113,140 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in 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 acquiring an additional 196,693 shares during the period. Finally, Jacobs Levy Equity Management Inc. lifted its holdings in KBR by 359.9% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,467,650 shares of the construction company’s stock valued at $93,431,000 after purchasing an additional 1,148,503 shares during the last quarter. 97.02% of the stock is owned by institutional investors.

KBR Stock Up 0.2 %

NYSE KBR opened at $58.29 on Wednesday. The business has a fifty day moving average price of $66.31 and a two-hundred day moving average price of $65.69. The stock has a market capitalization of $7.77 billion, a PE ratio of 24.49, a PEG ratio of 1.17 and a beta of 0.89. KBR, Inc. has a fifty-two week low of $50.45 and a fifty-two week high of $72.60. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.07 and a quick ratio of 1.07.

KBR (NYSE:KBR) last released its quarterly earnings data on Wednesday, October 23rd. The construction company reported $0.84 earnings per share for the quarter, meeting the consensus estimate of $0.84. The business had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.95 billion. KBR had a return on equity of 28.87% and a net margin of 4.35%. KBR’s revenue was up 10.0% compared to the same quarter last year. During the same period last year, the firm posted $0.75 earnings per share. Equities analysts expect that KBR, Inc. will post 3.27 earnings per share for the current fiscal year.

KBR Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend is Friday, December 13th. KBR’s dividend payout ratio is 25.21%.

Analyst Ratings Changes

KBR has been the topic of several research analyst reports. Citigroup increased their price target on shares of KBR from $76.00 to $82.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. TD Cowen lowered shares of KBR from a “buy” rating to a “hold” rating and set a $72.00 price target on the stock. in a research report on Friday, September 6th. UBS Group boosted their price objective on shares of KBR from $77.00 to $78.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. StockNews.com cut shares of KBR from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 6th. Finally, DA Davidson reissued a “buy” rating and set a $84.00 price target on shares of KBR in a research report on Tuesday. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, KBR presently has an average rating of “Moderate Buy” and a consensus price target of $81.14.

KBR Company Profile

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.