Hsbc Holdings PLC Acquires 22,093 Shares of Kforce Inc. $KFRC

Hsbc Holdings PLC raised its stake in shares of Kforce Inc. (NASDAQ:KFRC) by 134.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,552 shares of the business services provider’s stock after purchasing an additional 22,093 shares during the quarter. Hsbc Holdings PLC’s holdings in Kforce were worth $1,201,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Parallel Advisors LLC lifted its position in shares of Kforce by 427.2% during the 4th quarter. Parallel Advisors LLC now owns 854 shares of the business services provider’s stock worth $26,000 after buying an additional 692 shares during the period. Kestra Advisory Services LLC bought a new position in shares of Kforce during the fourth quarter valued at $31,000. Allworth Financial LP boosted its stake in shares of Kforce by 212.3% in the 4th quarter. Allworth Financial LP now owns 1,240 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 843 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Kforce by 44.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,313 shares of the business services provider’s stock valued at $41,000 after purchasing an additional 403 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Kforce by 273.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,865 shares of the business services provider’s stock worth $77,000 after purchasing an additional 1,365 shares during the last quarter. 92.77% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on KFRC shares. Zacks Research cut shares of Kforce from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Robert W. Baird boosted their price target on shares of Kforce from $40.00 to $42.00 and gave the company an “outperform” rating in a research report on Tuesday, April 28th. Finally, William Blair raised shares of Kforce from a “market perform” rating to an “outperform” rating in a research note on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $39.67.

Kforce Stock Down 0.2%

NASDAQ KFRC opened at $54.54 on Monday. The stock has a market capitalization of $972.61 million, a P/E ratio of 20.35 and a beta of 0.87. Kforce Inc. has a 52 week low of $24.49 and a 52 week high of $55.06. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.06 and a current ratio of 2.06. The stock has a fifty day moving average of $46.10 and a 200-day moving average of $36.24.

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

Kforce Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, June 12th. Kforce’s payout ratio is 80.81%.

Kforce Company 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.