R Squared Ltd Invests $104,000 in KBR, Inc. (NYSE:KBR)

R Squared Ltd acquired a new stake in KBR, Inc. (NYSE:KBR) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 1,800 shares of the construction company’s stock, valued at approximately $104,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. True Wealth Design LLC purchased a new stake in KBR during the third quarter valued at about $26,000. UMB Bank n.a. boosted its holdings in KBR by 49.2% during the 4th quarter. UMB Bank n.a. now owns 531 shares of the construction company’s stock valued at $31,000 after acquiring an additional 175 shares during the period. Quarry LP grew its position in KBR by 454.7% during the 2nd quarter. Quarry LP now owns 821 shares of the construction company’s stock worth $53,000 after acquiring an additional 673 shares during the last quarter. Eastern Bank purchased a new position in KBR in the 3rd quarter worth approximately $65,000. Finally, Daiwa Securities Group Inc. bought a new stake in KBR in the third quarter valued at approximately $111,000. Institutional investors own 97.02% of the company’s stock.

KBR Price Performance

Shares of NYSE KBR opened at $55.77 on Friday. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.07 and a quick ratio of 1.07. KBR, Inc. has a 1 year low of $51.95 and a 1 year high of $72.60. The company’s 50-day moving average is $58.53 and its 200 day moving average is $63.43. The stock has a market capitalization of $7.43 billion, a P/E ratio of 23.43, a P/E/G ratio of 1.01 and a beta of 0.85.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. DA Davidson restated a “buy” rating and issued a $84.00 target price on shares of KBR in a report on Tuesday, November 19th. Citigroup cut their price target on shares of KBR from $82.00 to $76.00 and set a “buy” rating on the stock in a report on Wednesday. StockNews.com downgraded shares of KBR from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 6th. UBS Group raised their target price on KBR from $77.00 to $78.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. Finally, TD Cowen lowered their price target on KBR from $72.00 to $64.00 and set a “hold” rating for the company in a research report on Wednesday, January 8th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, KBR currently has an average rating of “Moderate Buy” and a consensus price target of $78.00.

KBR Company Profile

KBR, Inc provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. It operates through Government Solutions and Sustainable Technology Solutions segments. The Government Solutions segment offers life-cycle support solutions to defense, intelligence, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia.