Copeland Capital Management LLC Trims Stock Position in Kforce Inc. $KFRC

Copeland Capital Management LLC lessened its position in shares of Kforce Inc. (NASDAQ:KFRC) by 5.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 471,212 shares of the business services provider’s stock after selling 27,631 shares during the period. Copeland Capital Management LLC’s holdings in Kforce were worth $14,127,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of KFRC. Northern Trust Corp increased its holdings in shares of Kforce by 3.6% in the first quarter. Northern Trust Corp now owns 268,149 shares of the business services provider’s stock worth $13,110,000 after purchasing an additional 9,384 shares during the period. Walleye Capital LLC purchased a new stake in shares of Kforce in the 1st quarter valued at about $418,000. Comerica Bank boosted its position in shares of Kforce by 23.4% during the 1st quarter. Comerica Bank now owns 11,987 shares of the business services provider’s stock valued at $586,000 after acquiring an additional 2,272 shares during the last quarter. Magnetar Financial LLC grew its holdings in shares of Kforce by 168.7% during the first quarter. Magnetar Financial LLC now owns 12,342 shares of the business services provider’s stock worth $603,000 after purchasing an additional 7,748 shares in the last quarter. Finally, Vident Advisory LLC raised its stake in Kforce by 22.0% in the first quarter. Vident Advisory LLC now owns 12,987 shares of the business services provider’s stock valued at $635,000 after purchasing an additional 2,343 shares in the last quarter. 92.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

KFRC has been the subject of a number of research reports. UBS Group cut their price target on shares of Kforce from $40.00 to $34.50 and set a “neutral” rating for the company in a research note on Wednesday, November 5th. Zacks Research raised Kforce from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 26th. Finally, Truist Financial dropped their target price on Kforce from $46.00 to $35.00 and set a “hold” rating for the company in a research report on Monday, October 13th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, Kforce presently has a consensus rating of “Hold” and a consensus price target of $34.75.

Kforce Stock Performance

NASDAQ KFRC opened at $31.83 on Tuesday. The company has a 50-day simple moving average of $29.54 and a two-hundred day simple moving average of $33.17. Kforce Inc. has a 12-month low of $24.49 and a 12-month high of $57.60. The firm has a market cap of $577.45 million, a price-to-earnings ratio of 11.88 and a beta of 0.56. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.16.

Kforce (NASDAQ:KFRC) last released its earnings results on Monday, November 3rd. The business services provider reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.06. The company had revenue of $332.65 million during the quarter, compared to analyst estimates of $328.34 million. Kforce had a return on equity of 30.34% and a net margin of 3.59%.Kforce’s revenue for the quarter was down 5.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.75 EPS. Kforce has set its Q4 2025 guidance at 0.430-0.510 EPS. On average, equities analysts forecast that Kforce Inc. will post 2.7 EPS for the current year.

Kforce Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend was Friday, December 5th. Kforce’s payout ratio is presently 68.72%.

About Kforce

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.