Healthcare of Ontario Pension Plan Trust Fund Has $1.28 Million Position in KBR, Inc. (NYSE:KBR)

Healthcare of Ontario Pension Plan Trust Fund increased its holdings in shares of KBR, Inc. (NYSE:KBR) by 1.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 19,700 shares of the construction company’s stock after acquiring an additional 300 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in KBR were worth $1,283,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD lifted its holdings in shares of KBR by 2.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 235,101 shares of the construction company’s stock worth $14,967,000 after buying an additional 4,804 shares during the last quarter. Tidal Investments LLC raised its stake in KBR by 11.9% during the 1st quarter. Tidal Investments LLC now owns 5,411 shares of the construction company’s stock valued at $344,000 after purchasing an additional 574 shares during the last quarter. Comerica Bank boosted its holdings in KBR by 27.5% in the 1st quarter. Comerica Bank now owns 72,580 shares of the construction company’s stock valued at $4,620,000 after purchasing an additional 15,651 shares during the period. Boston Partners grew its position in KBR by 49.4% in the 1st quarter. Boston Partners now owns 84,965 shares of the construction company’s stock worth $5,410,000 after purchasing an additional 28,091 shares during the last quarter. Finally, CWM LLC increased its holdings in shares of KBR by 39.4% during the 2nd quarter. CWM LLC now owns 817 shares of the construction company’s stock worth $52,000 after purchasing an additional 231 shares during the period. Institutional investors own 97.02% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on KBR. StockNews.com cut shares of KBR from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 6th. TD Cowen downgraded KBR from a “buy” rating to a “hold” rating and set a $72.00 price objective for the company. in a research report on Friday, September 6th. UBS Group upped their target price on KBR from $77.00 to $78.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. KeyCorp lifted their price target on shares of KBR from $75.00 to $78.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Finally, Citigroup increased their price objective on shares of KBR from $76.00 to $82.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, KBR has an average rating of “Moderate Buy” and an average target price of $81.14.

KBR Stock Down 0.6 %

Shares of NYSE:KBR opened at $60.83 on Monday. The company has a market capitalization of $8.10 billion, a PE ratio of 25.56, a P/E/G ratio of 1.21 and a beta of 0.89. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.07 and a current ratio of 1.07. The company’s fifty day moving average is $66.08 and its 200-day moving average is $65.37. KBR, Inc. has a 52 week low of $51.33 and a 52 week high of $72.60.

KBR (NYSE:KBR) last issued its quarterly earnings data on Wednesday, October 23rd. The construction company reported $0.84 earnings per share for the quarter, hitting the consensus estimate of $0.84. KBR had a net margin of 4.35% and a return on equity of 28.87%. The firm had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.95 billion. During the same period in the prior year, the firm earned $0.75 earnings per share. The company’s quarterly revenue was up 10.0% compared to the same quarter last year. Equities research analysts predict that KBR, Inc. will post 3.27 earnings per share for the current fiscal year.

KBR Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be given a $0.15 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.60 annualized dividend and a yield of 0.99%. KBR’s payout ratio is 25.21%.

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.