AdvisorShares Investments LLC Invests $475,000 in Kforce Inc. $KFRC

AdvisorShares Investments LLC purchased a new position in shares of Kforce Inc. (NASDAQ:KFRC) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 15,360 shares of the business services provider’s stock, valued at approximately $475,000.

Other hedge funds have also recently made changes to their positions in the company. New York State Common Retirement Fund lifted its stake in shares of Kforce by 297.5% during the 3rd quarter. New York State Common Retirement Fund now owns 63,194 shares of the business services provider’s stock worth $1,895,000 after purchasing an additional 47,298 shares during the last quarter. New South Capital Management Inc. lifted its stake in shares of Kforce by 18.1% during the 3rd quarter. New South Capital Management Inc. now owns 709,550 shares of the business services provider’s stock worth $21,272,000 after purchasing an additional 108,507 shares during the last quarter. Deprince Race & Zollo Inc. lifted its stake in shares of Kforce by 30.7% during the 4th quarter. Deprince Race & Zollo Inc. now owns 499,733 shares of the business services provider’s stock worth $15,452,000 after purchasing an additional 117,290 shares during the last quarter. Allianz Asset Management GmbH lifted its stake in shares of Kforce by 183.6% during the 3rd quarter. Allianz Asset Management GmbH now owns 38,045 shares of the business services provider’s stock worth $1,141,000 after purchasing an additional 24,631 shares during the last quarter. Finally, Federated Hermes Inc. lifted its stake in shares of Kforce by 56.6% during the 3rd quarter. Federated Hermes Inc. now owns 43,105 shares of the business services provider’s stock worth $1,292,000 after purchasing an additional 15,576 shares during the last quarter. 92.77% of the stock is currently owned by hedge funds and other institutional investors.

Kforce Trading Up 5.0%

Kforce stock opened at $46.95 on Friday. The stock has a 50-day moving average of $35.37 and a two-hundred day moving average of $32.26. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.06 and a current ratio of 2.06. Kforce Inc. has a one year low of $24.49 and a one year high of $47.50. The stock has a market cap of $837.21 million, a PE ratio of 17.52 and a beta of 0.87.

Kforce (NASDAQ:KFRC) last released its quarterly earnings results on Monday, April 27th. The business services provider reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.06. Kforce had a return on equity of 30.34% and a net margin of 3.59%.The company had revenue of $330.36 million during the quarter, compared to analysts’ expectations of $329.32 million. During the same period last year, the business posted $0.45 earnings per share. The firm’s revenue was up .1% compared to the same quarter last year. Kforce has set its Q2 2026 guidance at 0.670-0.750 EPS. On average, research analysts anticipate that Kforce Inc. will post 2.7 EPS for the current fiscal year.

Kforce Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Friday, June 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.4%. Kforce’s dividend payout ratio is currently 80.81%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. UBS Group upped their price objective on Kforce from $34.50 to $39.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 3rd. Robert W. Baird upped their price objective on Kforce from $40.00 to $42.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 28th. Zacks Research upgraded Kforce from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, William Blair upgraded Kforce from a “market perform” rating to an “outperform” rating in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $39.67.

Kforce Profile

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.