Fort Washington Investment Advisors Inc. OH Has $25.31 Million Stock Position in KBR, Inc. $KBR

Fort Washington Investment Advisors Inc. OH grew its stake in shares of KBR, Inc. (NYSE:KBR) by 38.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 535,236 shares of the construction company’s stock after buying an additional 149,900 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in KBR were worth $25,311,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its position in KBR by 432.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company’s stock worth $29,000 after acquiring an additional 493 shares during the last quarter. Bessemer Group Inc. raised its position in KBR by 75.8% in the second quarter. Bessemer Group Inc. now owns 617 shares of the construction company’s stock valued at $30,000 after purchasing an additional 266 shares during the last quarter. Byrne Asset Management LLC acquired a new stake in shares of KBR during the second quarter valued at about $41,000. GAMMA Investing LLC grew its holdings in shares of KBR by 37.5% during the second quarter. GAMMA Investing LLC now owns 1,093 shares of the construction company’s stock worth $52,000 after purchasing an additional 298 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of KBR by 98.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,228 shares of the construction company’s stock valued at $59,000 after buying an additional 608 shares during the period. 97.02% of the stock is currently owned by institutional investors.

KBR Trading Up 1.1%

NYSE KBR opened at $40.66 on Wednesday. The stock has a market capitalization of $5.16 billion, a P/E ratio of 13.97, a P/E/G ratio of 1.08 and a beta of 0.54. The business has a 50 day simple moving average of $42.07 and a 200 day simple moving average of $46.03. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.18 and a quick ratio of 1.18. KBR, Inc. has a one year low of $39.52 and a one year high of $60.98.

KBR (NYSE:KBR) last posted its quarterly earnings results on Wednesday, October 29th. The construction company reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.07. The firm had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.99 billion. KBR had a return on equity of 35.14% and a net margin of 4.71%.The company’s revenue for the quarter was down .3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.84 EPS. Research analysts expect that KBR, Inc. will post 3.26 earnings per share for the current year.

KBR Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Monday, December 15th will be issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Monday, December 15th. KBR’s dividend payout ratio (DPR) is presently 22.68%.

Wall Street Analyst Weigh In

Several research firms recently commented on KBR. Truist Financial cut their target price on shares of KBR from $62.00 to $50.00 and set a “buy” rating on the stock in a research report on Friday, December 19th. Citigroup cut their price target on shares of KBR from $62.00 to $57.00 and set a “buy” rating on the stock in a report on Monday, November 3rd. Oppenheimer began coverage on KBR in a report on Tuesday, December 2nd. They issued an “outperform” rating and a $60.00 price objective for the company. Bank of America lowered their target price on KBR from $55.00 to $45.00 and set a “neutral” rating for the company in a research report on Thursday, November 13th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of KBR in a research report on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, KBR presently has a consensus rating of “Hold” and an average target price of $58.00.

KBR Company Profile

KBR, Inc is a global engineering, procurement, construction and services (EPC&S) company headquartered in Houston, Texas. The firm delivers integrated solutions and technologies across the full project lifecycle for customers in the energy, government, industrial and infrastructure sectors. Its offerings span feasibility studies, front-end engineering design, detailed design, procurement, fabrication, construction, commissioning and operations support.

The company is organized into business segments that include Energy Solutions, which focuses on oil and gas processing, liquefied natural gas (LNG) facilities and petrochemical plants; Government Solutions, providing logistics, sustainment, training and mission support for defense, intelligence and civilian agencies; and Sustainable Technology, delivering chemical process technologies, water treatment and lower-carbon fuels expertise.