Kforce, Inc. (NASDAQ:KFRC) Director Ralph Struzziero sold 4,500 shares of the stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $25.85, for a total value of $116,325.00. Following the completion of the sale, the director now directly owns 50,764 shares of the company’s stock, valued at $1,312,249.40. The sale was disclosed in a filing with the SEC, which is available at this link.

Ralph Struzziero also recently made the following trade(s):

  • On Monday, September 11th, Ralph Struzziero sold 1,000 shares of Kforce stock. The stock was sold at an average price of $18.26, for a total value of $18,260.00.

Kforce, Inc. (KFRC) traded down $0.15 on Thursday, hitting $26.05. The stock had a trading volume of 155,298 shares, compared to its average volume of 126,725. Kforce, Inc. has a 52 week low of $16.75 and a 52 week high of $26.95. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.95 and a quick ratio of 2.95. The stock has a market cap of $686.83, a P/E ratio of 17.53 and a beta of 1.67.

Kforce (NASDAQ:KFRC) last posted its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.45 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.45. Kforce had a return on equity of 28.83% and a net margin of 2.71%. The company had revenue of $341.05 million during the quarter, compared to the consensus estimate of $340.67 million. During the same period last year, the business earned $0.44 EPS. The business’s quarterly revenue was up .2% on a year-over-year basis. equities analysts forecast that Kforce, Inc. will post 1.5 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Friday, December 8th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date of this dividend is Thursday, December 7th. Kforce’s payout ratio is 33.57%.

Hedge funds have recently modified their holdings of the stock. BNP Paribas Arbitrage SA raised its stake in shares of Kforce by 612.0% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 5,340 shares of the business services provider’s stock valued at $105,000 after acquiring an additional 4,590 shares in the last quarter. FNY Managed Accounts LLC raised its stake in shares of Kforce by 117.8% in the 2nd quarter. FNY Managed Accounts LLC now owns 5,445 shares of the business services provider’s stock valued at $106,000 after acquiring an additional 2,945 shares in the last quarter. Campbell & CO Investment Adviser LLC bought a new position in shares of Kforce in the 3rd quarter valued at approximately $213,000. Aperio Group LLC bought a new position in shares of Kforce in the 3rd quarter valued at approximately $216,000. Finally, AXA bought a new position in shares of Kforce in the 2nd quarter valued at approximately $261,000. 79.05% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts recently issued reports on KFRC shares. TheStreet raised Kforce from a “c+” rating to a “b” rating in a research note on Monday, October 2nd. Northcoast Research raised Kforce from a “neutral” rating to a “buy” rating in a research note on Monday, November 6th. Robert W. Baird reaffirmed a “buy” rating and set a $25.00 price target on shares of Kforce in a research note on Friday, November 3rd. ValuEngine raised Kforce from a “hold” rating to a “buy” rating in a research note on Friday, October 27th. Finally, SunTrust Banks downgraded Kforce from a “buy” rating to a “hold” rating and cut their price target for the stock from $23.00 to $22.00 in a research note on Wednesday, October 11th. Two analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. Kforce currently has a consensus rating of “Hold” and an average price target of $24.20.

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Kforce Company Profile

Kforce Inc (Kforce) is engaged in providing professional and technical specialty staffing services and solutions. The Company operates through three segments, which include Technology (Tech), Finance and Accounting (FA) and Government Solutions (GS). The Company’s Tech segment includes the operations of its subsidiary Kforce Global Solutions, Inc The FA segment is engaged in providing both temporary staffing and permanent placement services to its clients in areas, such as general accounting, business analysis and others.

Insider Buying and Selling by Quarter for Kforce (NASDAQ:KFRC)

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